JPMorgan Seeks To Attract Investments Via New Wealth-Planning Tool LeapRate

March 27, 2024 BY Simon Mugo

JPMorgan Seeks To Attract Investments Via New Wealth-Planning Tool

This user engagement has created around a million financial plans, doubling those previously established in direct consultations with financial advisors. Kristin Lemkau, CEO of JPMorgan Wealth Management, emphasised the importance of planning in achieving personal financial goals, stating, "Planning helps people think about what they truly want in life. It's not just about wanting to…

February 26, 2024 BY Simon Mugo

Citi Appoints JPMorgan’s Raghavan as Banking Head, Says CEO

Raghavan, who recently held the position of head of global investment banking at JPMorgan, is slated to commence his new role at Citigroup during the summer. Peter Babej, who has been serving as the interim banking head at Citi, will continue in his role until his retirement later in the year. In the memo, Jane…

January 11, 2024 BY Elizabeth Anderson

Forecasters predicting a strong annual performance for JPMorgan

Bolstered by its acquisition of First Republic and better loan margins, predictions are that JPMorgan’s year-on-year bottom line will be 30% more. This means that the bank will outperform competitor Bank of America (BAC) by more than $20bn. Should these Bloomberg predictions be on target, JPMorgan will also more than double the annual net profits…

April 25, 2023 BY Steffy Bogdanova

HYCM: Will this be an Earnings Season to Remember?

Meanwhile, Citigroup Inc., which also reported earnings on April 14, announced Q1 earnings of $1.86 per share, beating the broader market’s expectation of $1.66. Citigroup’s revenues also surprised to the upside, coming in at $21.44 billion for Q1 to analyst estimates of $17.91 billion. This represents a 12% improvement over last year’s figures. Both stocks…

March 08, 2022 BY Steffy Bogdanova

Russia to be excluded from all JPMorgan fixed income indexes

Additionally, local-currency denominated Russian bonds will be excluded from the GBI-EM indices. The bank also said that accrued interest for such bonds will be set to zero and suspended on 7 March. Moreover, Russia and Belarus will be excluded from the JESG EMBI, JESG GBI-EM, and JESG CEMBI indices. Index providers FTSE Russell and MSCI…

August 27, 2021 BY Alan Sayer

J.P. Morgan Leads $50 Million Investment Into Analytics Firm Aumni

Michael Elanjian, Head of Digital Innovation, Corporate & Investment Bank J.P. Morgan, had this to say: Our strategic investment in Aumni will allow the company to continue to capitalize on its impressive growth trajectory, unlocking data insights that have historically remained inaccessible in the private markets. Aumni said it would use the money raised to…

August 18, 2021 BY Steffy Bogdanova

Amex and JP Morgan join Series D funding round for Plaid

Plaid also intends to bring in new products that will allow banks and fintech companies to connect more easily. This will provide the level of security that banks expect while also making sure that no functionality is removed. As the fintech landscape continues to move forward, new and innovative products are vital to the industry’s…

June 18, 2021 BY Steffy Bogdanova

Forex Weekly Look Back: JPMorgan Chase to buy UK robo-adivser Nutmeg, Fineco's Marco Mottadelli talks with LeapRate

Research published by the Financial Conduct Authority (FCA) reveals that 2.3 million adults now have cryptoassets. The number is 1.9 million higher than last year. The research estimates that 78% of people have heard of cryptocurrencies while last year it was 73%. The UK regulator’s analysis shows that as holding crypto has become commonplace, the attitudes toward…

June 18, 2021 BY Steffy Bogdanova

JPMorgan buys robo-advisor Nutmeg to boosts UK expansion

Sanoke Viswanathan, head of JPMorgan’s international consumer business, said in the statement: We are building Chase in the U.K. from scratch using the very latest technology and putting the customer’s experience at the heart of our offering, principles that Nutmeg shares with us. The Financial Times reported that JPMorgan approached Nutmeg while the wealth management…

May 21, 2021 BY Steffy Bogdanova

Forex Weekly Look Back: Admirals launches copy trading service, StoneX Markets rolls out self-service OTC platform

Apifiny announced the appointment of ex-Goldman Sachs Vice President, Jason Jiang, as its latest Chief Technology Officer. The latest appointment at the crypto mining firm is the latest in a trend of veteran executives in the financial industry joining rapid-growth digital asset companies seeking a fast solution to the growing demand from retail and institutions…

Tag: JPMorgan