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JPMorgan Is Building A Massive Private Credit Machine Powered By Bank Loans
Friday, April 24, 2026 - 2:33pm | 493Read More...JPMorgan Chase & Co. (NYSE:JPM) is ramping up its strategy to funnel "tens of billions" into loans originated by its commercial banking arm. Executives George Gatch and Bob Michele said the firm is in talks with institutional investors to raise capital and has already secured some commitments,...
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Comcast, Disney Appoint Morgan Stanley, JPMorgan To Determine Hulu's Worth As Sale Process Advances
Friday, October 13, 2023 - 1:10am | 613Read More...Streaming platform Hulu is one step closer to having a single owner as Comcast Corporation (NASDAQ:CMCSA) and The Walt Disney Company (NYSE:DIS) engage investment banks to evaluate the company’s value. As reported by CNBC, Comcast, a one-third stakeholder in Hulu, has...
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If You Had Invested $100 In Bitcoin When JPMorgan CEO Jamie Dimon Called It A 'Fraud' And 'Worse Than Tulip Bulbs', Here's How Much You'd Have Today
Tuesday, August 22, 2023 - 6:31am | 449Read More...In a statement in 2017, Jamie Dimon, the CEO of JP Morgan Chase & Co (NYSE:JPM), expressed his strong opposition to the popular cryptocurrency. Dimon referred to Bitcoin (CRYPTO: BTC) as a “fraud” and raised doubts about its long-term viability. What Happened: Speaking at the...
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Stocks To Rise On Fed 'Hike And Pause,' Says JP Morgan
Wednesday, July 26, 2023 - 5:35am | 467Read More...The trading desk of JPMorgan Chase & Co. predicts a likely boost for stocks following Wednesday’s Federal Reserve announcement, Bloomberg reports. Fed’s Impact on Stocks: The team, including Andrew Tyler, suggests that an interest-rate hike coupled with indications of a pause at the...
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US Banks Earnings Preview: All Eyes On JPMorgan, BlackRock, Citigroup, Wells Fargo Q1 Reports
Tuesday, April 11, 2023 - 12:51pm | 972Read More...On Friday, April 14, four of the largest financial institutions in the U.S. with a combined market cap of more than $700 billion will announce their first-quarter results: JPMorgan Chase & Co. (NYSE: JPM), Wells Fargo & Co (NYSE: WFC), BlackRock Inc (NYSE: BLK), and Citigroup...
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JPMorgan: Crypto Market Exhibits Herd-Like Behavior After Investors Bought The Top
Tuesday, December 13, 2022 - 11:42am | 461Read More...Researchers at JPMorgan Chase & Co (NYSE: JPM) say the U.S. cryptocurrency market displays signs of "herd-like behavior" because many investors bought digital currencies at their peak. The report, titled "The Dynamics and Demographics of U.S. Household Crypto-Asset Use,"...
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JPMorgan Chase Taps Ex-Celsius Exec To Lead Crypto - What's Dimon's Stance On Bitcoin, Ethereum Now?
Wednesday, October 19, 2022 - 4:20pm | 525Read More...JPMorgan Chase & Co. (NYSE: JPM) is deepening its crypto talent bench with a former Celsius Network (CRYPTO: CEL) employee. The New York-based firm hired Aaron Iovine as executive director of digital assets regulatory policy. According to Iovine's LinkedIn profile, he was with Celsius from...
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Deere Earnings Greeted With Cheer As Company Cites Improved Equipment Demand
Wednesday, November 25, 2020 - 11:20am | 2239Read More...The elevator ride takes a pause this morning, but it’s still been an impressive week. The Dow Jones Industrial Average ($DJI) now sits just below 30,000 in pre-market trading after topping it yesterday, and there’s a chance this milestone moment could draw some new cash into...
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#PreMarket Primer: Thursday, November 13: Medvedev Says Sanctions Need To Go
Thursday, November 13, 2014 - 9:38am | 1381Read More...On the sidelines of a conference in Asia, Russian Prime Minister Dmitry Medvedev told U.S. President Barack Obama that the sanctions against Russia were hindering the West’s relationship with Moscow. In order for the two to return their communications to calm, productive talks, Medvedev...
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#PreMarket Primer: Wednesday, November 12: Banks Fined More Than $3 Billion For Role In Forex Manipulation
Wednesday, November 12, 2014 - 8:44am | 1477Read More...On Wednesday, a Federal probe into the role big banks played in a forex manipulation scheme resulted in huge fines for UBS AG (NYSE: UBS), HSBC Holdings plc (NYSE: HSBC), the Royal Bank of Scotland Group PLC (NYSE: RBS), JPMorgan Chase & Co. (NYSE: JPM) and Citigroup Inc (NYSE: C). The...
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#PreMarket Primer: Tuesday, November 4: Europe's Recovery Delayed, Forecasts Trimmed
Tuesday, November 4, 2014 - 8:45am | 1326Read More...On Tuesday, the European Commission trimmed its growth forecasts for the eurozone, saying that geopolitical tension and falling investment in the region were weighing on the bloc’s recovery. The commission said it is expecting the eurozone’s economy to grow just 0.8 percent in 2014...
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#PreMarket Primer: Thursday, October 9: Fed Worries That Waning Global Economy Could Hurt US Progress
Thursday, October 9, 2014 - 7:30am | 1326Read More...The Federal Open Market Committee minutes released on Wednesday surprised investors with a dovish tone and an indication that the bank was not planning to raise interest rates any time soon despite improving U.S. economic data. Instead, the U.S. central bank discussed the potential for weak...
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#PreMarket Primer: Friday, October 3: JP Morgan Suffers Largest Cyberattack Against A Financial Institution
Friday, October 3, 2014 - 7:03am | 1182Read More...JPMorgan Chase & Co. (NYSE: JPM) reassured its customers that their money was safe, but disclosed that 76 million households were affected by a hacking attack on the company’s data. Over the summer, the bank’s cyber security was breached allowing hackers access to customer...
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#PreMarket Primer: Thursday, July 10: Fed Sets A Date For The End Of Easy Money
Thursday, July 10, 2014 - 7:13am | 1170Read More...Minutes from the Federal Reserve’s June policy meeting showed that the bank has set a firm date for the end of its asset buying program for the first time. Fed officials decided to continue on the current path by decreasing the bank’s bond buying by $10 billion per month until...
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#PreMarket Primer: Friday, June 6: Payrolls Data May Not Live Up To April's Performance
Friday, June 6, 2014 - 7:22am | 1107Read More...US non-farm payrolls data is expected to show a decline in job creation from April to May. However, May’s figures are still expected to be solid with 210,000 new jobs to have been created. April’s increase of 288,000 was the US’ strongest increase in over two years, but the...
















