jpmorgan

JPMorgan Chase & Co. is an American multinational investment bank and financial services holding company headquartered in New York City. JPMorgan Chase is ranked by S&P Global as the largest bank in the United States and the sixth largest bank in the world by total assets, with total assets of US$2.73 trillion.

Source: jpmorgan.com

JPMorgan’s UK Digital Bank Processed 20 Million Payments in 8 Months
JPMorgan’s UK Digital Bank Processed 20 Million Payments in 8 Months
May 23, 2022  |  Digital-First Banking

JPMorgan’s consumer bank Chase in Britain, a digital venture, now has over half a million customers, Reuters wrote Monday (May 23). Chase in Britain launched...

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JPMorgan: Tech and Product Investments to Top $2.8B in 2022
JPMorgan: Tech and Product Investments to Top $2.8B in 2022
May 23, 2022  |  Digital Banking

J.P. Morgan’s investor day Monday (May 23) had all eyes on Wall Street focusing on net interest margins and CEO Jamie Dimon’s take on macro-related...

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Today in the Connected Economy: Mastercard, Sokin to Help Migrant Workers
Today in the Connected Economy: Mastercard, Sokin to Help Migrant Workers
May 23, 2022  |  Connected Economy

Today in the connected economy, Mastercard and currency account provider Sokin team up to offer banking alternatives to 578 million people in the Middle East...

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BNP Paribas Becomes Latest Bank to Embrace Blockchain
BNP Paribas Becomes Latest Bank to Embrace Blockchain
May 23, 2022  |  Blockchain

French bank BNP Paribas has joined a U.S.-based blockchain-powered network overseen by JPMorgan to use digital tokens for short-term trading in fixed income markets, stepping...

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Sen. Warren Calls on Big Banks to End Overdraft Fees
Sen. Warren Calls on Big Banks to End Overdraft Fees
May 04, 2022  |  Banking

U.S. Sen. Elizabeth Warren, the Massachusetts Democrat and former presidential candidate, has started pushing for an end to overdraft fees, Bloomberg reported Wednesday (May 4)....

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Ray-Bans Maker Sues JPMorgan, Claiming Bank Could Have Stopped $272M Fraud
Ray-Bans Maker Sues JPMorgan, Claiming Bank Could Have Stopped $272M Fraud
April 26, 2022  |  Legal

Essilor Manufacturing, a unit of the French maker of Ray-Ban glasses, has sued JPMorgan Chase Bank over claims the bank had ignored red flags as...

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Today in FinTech: Boston Red Sox Drop Cash; JPMorgan Signals Pain Ahead
Today in FinTech: Boston Red Sox Drop Cash; JPMorgan Signals Pain Ahead
April 15, 2022  |  Technology

In today’s FinTech news, for the first time ever, the Boston Red Sox are not taking cash for hot dogs, beer, shirts and other concession...

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JPMorgan’s $1B Loss Reserve Signals Souring Loans and ‘Pain’ Ahead for FinTechs
JPMorgan’s $1B Loss Reserve Signals Souring Loans and ‘Pain’ Ahead for FinTechs
April 15, 2022  |  Banking

When JPMorgan reported first-quarter earnings results this week, the company also built $902 million in reserves — a move that signals a tough credit environment...

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JPMorgan Adds $1B+ to Loan Loss Reserves as Economic Threats Mount
JPMorgan Adds $1B+ to Loan Loss Reserves as Economic Threats Mount
April 13, 2022  |  Earnings

Consumer spending is fine. Card volumes are fine. Credit is fine too — at least for now. But J.P. Morgan’s latest earnings results show that,...

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