A recent industry report by JPMorgan Private Bank has revealed that there is an increasing rift in the investment preferences of the world’s wealthiest family offices. This is due to artificial intelligence becoming a leading investment theme and cryptocurrencies being largely ignored. According to the 2026 Global Family Office Report,
US President Donald Trump has now filed a lawsuit against JPMorgan Chase and CEO Jamie Dimon. The lawsuit has claimed damages worth billions of dollars. This is in addition to earlier conflicts of his administration with Jerome Powell and Lisa Cook. For the crypto market, this reflects an increase in
JPMorgan is planning to widen its blockchain payment infrastructure by taking its JPM Coin deposit token to various blockchain networks. The expansion is set to be initiated with the Canton Network. After this, other platforms will be the target, as the firm targets making an interoperable digital money system. JPM
Jamie Dimon, the CEO of JPMorgan, has always been against Bitcoin. Even though the cryptocurrency is getting more popular and more companies are getting involved with it, Dimon is still unsure about it. In a recent interview, Dimon said he doesn’t trust Bitcoin and believes it has no real value.
Traders and investors across the world are quite worried about JPMorgan’s recent comments on Fed rate decreases. Even if speculation about future interest rate reduction is at an all-time high. The head of global and European equity strategy at JPMorgan today downplayed the likelihood of a bull market. The announcement
A recent research from JPMorgan states that Bitcoin miners are finding it difficult to maintain profit due to the April halving of the Bitcoin network and increasing power prices. According to a report written by analysts Reginald Smith and Charles Pearce, the Q2 of 2023 was a historic quarter for
JPMorgan Chase & Co., a major financial services provider, has taken a significant step towards incorporating blockchain technology into conventional banking by launching euro-based payments using its JPM Coin for business customers. Similar to actions in 2021 when the cryptocurrency market was booming, traditional financial institutions are exhibiting substantial interest
JPMorgan Chase & Co, the financial services in New York City, America has been alleged to pay a tentative settlement of around $290M. This is due to the lawsuit raised against them and resolving the sexual abuse victims of Jeffrey Epstein, a financier. However, this Monday, the claim has been
In order to settle interbank dollar transactions, American multinational financial behemoth JPMorgan Chase & Co. has teamed with six Indian banks to build a blockchain-based platform. The move is part of the Indian government’s strategy to elevate GIFT City, the Gujarat International Finance Tec-City, to a level where it can
First Republic Bank (NYSE: FRC) is being acquired by JPMorgan Chase & Co (JPM.N) after extensive efforts by U.S. authorities to save the bank failed. The FRC will be seized by financial authorities in advance of the sale. However, Citizens Financial Group Inc (CFG.N) and PNC Financial Services Group (PNC.N)
