Tag: JP Morgan Chase

October 20, 2022

Attorneys-general from 19 states are investigating six major American banks that have signed on to the United Nations’ Net-Zero Banking Alliance, pledging to achieve net-zero emissions in their lending and investment portfolios by 2050. The banks under investigation include Bank […]

October 22, 2020

Together, Goldman Sachs, Wells Fargo, and JP Morgan Chase paid $7.85 billion of this total, according to Finbold’s ‘Bank Fines 2020’ report. Finbold classes a ‘major fine’ as anything above $592,000, highlighting that “the real numbers of violations can be […]

October 16, 2020

The bank already offers dedicated checking accounts to high schoolers and college students. But its new account, called Chase First Banking, is fee-free and designed for both kids – as young as six – and teens to manage their money […]

February 14, 2019

According to CNBC, JPM Coin will be used in trials that are set to start in a few months. The bank moves more than $6 trillion around the world every day for corporations in its wholesale payments business. The trials […]

August 20, 2018

As interest rates soar, pop goes loan yields. Now is prime time to capitalize. With economic growth recovering, loan losses are getting narrower in the process. In other words, the banking sector is a savvy bet these days. Which stocks […]

May 4, 2018

JP Morgan Chase has filed an application to the US Patent and Trademark Office to patent an interbank payments system based on the distributed ledger technology (DLT). The proposed system will record transactions using a peer-to-peer (P2P) network – creating […]

October 5, 2016

So much has happened with blockchain over the past couple of weeks—so very much—but let’s talk about the banks: Firstly, Bank of America is the latest to join the ranks of financial institutions experimenting with blockchain. Bank of America Merrill […]