Tag: JPMorgan Chase & Co.

March 15, 2019

From the perspective of a community or regional bank, one of the most ominious trends in the industry right now is the organic deposit growth at the nation’s biggest banks. This trend has gotten a lot of attention in recent […]

May 7, 2018

It’s a good time to be a megabank. In many businesses, the largest global banks such as JPMorgan Chase & Co. JPM, +1.11% and Bank of America Corp. BAC, +0.34% are getting bigger, while others are struggling to keep pace. […]

October 12, 2017

Bitcoin smashed through the $5,000 barrier for the first time ever in early Thursday trading, extending its incredible year-to-date gains to trade at a level that is now four times the price of gold. Bitcoin prices were marked $415, or […]

October 6, 2017

Bank stocks moved broadly higher in premarket trading Friday, Oct. 6, after September’s jobs report whiffed on expectations and contracted for the first time in seven years. Shares of JPMorgan Chase & Co. (JPM – Get Report) gained 0.48% to […]

August 30, 2017

Goldman Sachs Group will detail plans to turn around performance at its core bond-trading unit next month after unusual pressure from large investors frustrated by vague explanations of its troubles, people familiar with the matter told Reuters. The move is […]

September 20, 2016

JPMorgan Chase & Co said it had hired and would take a stake in InvestCloud, which provides software that makes online transactions easier for customers with banking and investment accounts. The biggest U.S. bank by assets, JPMorgan did not disclose […]

July 27, 2016

The Democratic convention debuted Monday and — like its Republican counterpart — the party included a provision in its platform recommending that lawmakers reinstate the 1933 Depression-era Glass-Steagall Act, which would break up the largest banks. That may raise the hopes […]