JP Morgan invests in TRM Labs amid blockchain push March 1, 2022 JP Morgan has become the latest banking giant to signal support for blockchain technology with an investment in TRM Labs.
Investors continue to buy Scottish Mortgage in bet on growth July 16, 2024 UK investors continue to be drawn to growth-focused investment trusts like Scottish Mortgage and JP Morgan Global Income & Growth.
JP Morgan develops blockchain payments system for Siemens December 20, 2021 Banking giant JP Morgan has partnered with Siemens to develop a blockchain based payments system for the German industrial group.
Big US banks JPMorgan, Citi and Wells Fargo to benefit from slower Fed interest rate cuts April 9, 2024 JP Morgan, Citi and Wells Fargo will all update investors on their performance so far this year with attention likely to be firmly fixed on their guidance for the year.
JP Morgan snaps up stake in Greek fintech Viva Wallet January 25, 2022 JP Morgan has snapped a 49 per cent stake in Athens-based payments fintech Viva Wallet, the firm announced today.
Goldman Sachs and JP Morgan become first Wall Street giants to exit Russia March 11, 2022 Goldman Sachs and JP Morgan yesterday became the first Wall Street heavyweights to pull out of Russia, following its invasion of neighbouring Ukraine. With Goldman leading, it is expected that others will follow, as Russia is accused of war crimes. More than 330 firms have either exited or significantly cut back their operations in Russia [...]
JP Morgan under fire for dubious $1.3bn Nigeria oil deal February 20, 2022 A bitter legal dispute between the Nigerian state and banking giant JP Morgan is due to be heard in the UK's High Court this week.
JP Morgan hits record annual profits despite fourth quarter slowdown January 14, 2022 JP Morgan has reported record annual profits today despite a slowdown in its trading business and rising costs biting into into fourth quarter profit margins. Profits for the full year hit a record $48.3bn, but the final quarter of the year saw a dip to $10.4bn, a 14 per cent fall on the previous year. [...]
JP Morgan attempts to block fossil fuel proposal from London activist investor January 26, 2022 Activist investor Tulipshare has filed a proposal with JP Morgan to halt its fossil fuel investments – which the Wall Street giant is looking to keep out of its next annual meeting. The London-based startup submitted the proposal in December on behalf of a millennial investor, however, JP Morgan has written to the US Securities [...]
Terrible Tuesday for Rolls-Royce as shares plunge after JP Morgan downgrades firm and slashes target price April 12, 2022 Shares in engineering giant Rolls-Royce tanked this morning after bankers at JP Morgan downgraded the stock to ‘underweight’ and slashed its target price.