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Motley Fool 06/03/2020 14:04
The financial sector is a standout today, and the big banks are leading the way higher.
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Seeking Alpha 06/03/2020 10:18
That said, JPMorgan Chase is being realistic in assessing the short-term impact that COVID-19 will have.
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WCCFtech 06/03/2020 09:34
Zoom (), the company that provides remote conferencing services, has wowed Wall Street analysts with its stellar Q1 2021 earnings. The latest quarterly results of the company emphasize the fact that Zoom remains one of the most prominent stock plays in an era governed by the coronavirus (COVID-19) pandemic. To wit, Zoom beat consensus expectations […]. .
More from WCCFtech: 06/02/2020 14:17
JPMorgan, Barclays settle Mexican bond rigging litigation.
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Asia Asset Management 06/02/2020 12:00
Hong Kong and Shanghai Banking Corporation will sell to its Chinese high-net-worth clients funds that are offered by J.P. Morgan Asset Management’s Mainland unit under a scheme that allows foreign managers to raise money in Chinese currency to invest in alternative assets overseas. The move...
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MarketWatch 06/02/2020 08:57
Financial stocks were set for a broad rally Tuesday, with the SPDR Financial Select Sector ETF climbing 1.2% in premarket trading. The top two early gainers among the Dow Jones Industrial Average's components were financial stocks, with shares of American Express Co. rising 1.8% and J.P. Morgan Chase & Co. gaining 1.5%. Fellow Dow component Goldman Sachs Group Inc.'s stock rose 1.0%. Meanwhile, Dow futures advanced 150 points, or 0.6%. Among other more actively traded financial stocks in the premarket, Bank of America Corp. rallied 1.8%, Wells Fargo & Co. climbed 1.9% and Citigroup Inc. tacked on 2.2%. Helping provide a lift to bank stocks, the yield on the 10-year Treasury note rose 1.3 basis points to 0.675%. Higher longer-term rates can
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SIFMA - SmartBrief 06/02/2020 08:07
JPMorgan Chase strategists say the stock market rally is sustainable and see potential for major cash inflows to stocks from bonds as investors reallocate portfolios.
More from SIFMA - SmartBrief: 06/01/2020 20:56
J.P. Morgan Chase will pay $2.5 million to settle a class action lawsuit regarding its decision in 2018 to start considering digital currency buys as cash advances, which brought about increased fees, Reuters reported. As part of the arrangement, the company is not admitting wrongdoing, per the report. Plaintiffs noted in a motion that class […]
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SmartMoney 06/01/2020 15:57
Stocks may have room to climb as investor allocation to equities still lower than after 2008 crisis, JPMorgan says.
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Banking Technology 06/01/2020 02:30
JP Morgan Securities Services and Bloomberg have announced a collaboration that sees the latter’s AIM order management system deployed at the bank.
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Bitcoins Channel 05/31/2020 12:33
JPMorgan Chase Crypto Is Like Cash During a recent hearing, Chase Bank argued that its cardholder agreements did not actually change and that cryptocurrencies are basically “like cash” since they also function as a medium of exchange ...
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Forbes 05/30/2020 19:38
We are supportive of cryptocurrencies as long as they are properly controlled and regulated," Umar Farooq, JP Morgan's head of digital treasury services and blockchain, said back in 2017.
More from Forbes: 05/29/2020 18:08
JPMorgan CEO calls Minneapolis events 'tragic, heartbreaking' in staff memo.
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