Tag: $JPM

February 15, 2019 BY Mariela Naydenova

JP Morgan has its own cryptocurrency - a competitor to Ripple

The concept of a stablecoin is not new news. The fact that Jamie Dimon, the CEO and Chairman of JPMorgan Chase (NYSE:JPM), has continually bashed Bitcoin is not new news either, nor is the fact that his bank’s developers have been silently working in the background on ways to leverage blockchain technology to the bank’s benefit.…

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December 15, 2015 BY Maria Nikolova

Hong Kong's SFC imposes HK$30M fine on JP Morgan entities

Hong Kong's Securities and Futures Commission (SFC) today announced disciplinary action against J.P. Morgan Broking (Hong Kong) Limited (JPMBHK), J.P. Morgan Securities (Asia Pacific) Limited (JPMSAP) and J.P. Morgan Securities (Far East) Limited (JPMSFE) (collectively “JP Morgan”) for various regulatory breaches and/or internal control failings. All of the three entities were reprimanded and got fines…

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March 05, 2015 BY Maria Nikolova

JPMorgan raises stake in Plus500 above 5%

Shares in Plus500 Ltd (LON:PLUS) keep attracting investors' attention, especially after the publication of stellar results for the fourth quarter and full year 2014. Another piece of evidence in this respect was apparent today, as JPMorgan Chase & Co. (NYSE:JPM) took its stake in the CFD broker above 5% again. The latest transaction raised the…

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