JPMorgan

JPMorgan Chase CEO Jamie Dimon Issues Tariff Warning in Annual Letter

1 month ago

JPMorgan Chase's CEO, Jamie Dimon, recently released his annual letter to shareholders, in which he impresses upon important warnings about the economic challenges facing the world, especially regarding the rising tariffs on imports. He points to the potential negative consequences that these tariffs could have on the global economy.

JPMorgan Raises Recession Odds to 60% Following Trump Tariffs

2 months ago

Recent analysis from JPMorgan Chase indicates an increased likelihood of a recession in the U.S., now estimated at 60%. This change is linked to the consequences of the tariff policy implemented by Donald Trump's administration. According to the bank's report, the tariffs on imports from China are significantly impacting the economic situation in the country.

JPMorgan CEO Jamie Dimon Condemns Remote Work as Ineffective for Business

2 months ago

Jamie Dimon, the CEO of JPMorgan Chase, has expressed a clear stance on the ineffectiveness of remote work for the financial sector, beginning with discussions in a recent interview. He argues that many companies, despite flexible work arrangements, are losing their competitive edge due to the inadequacies of interactions occurring in a remote work setting.

JPMorgan and UBS Join Blockchain Project to Revolutionize Cross-Border Payments

8 months ago

Major banks such as JPMorgan Chase & Co. and UBS have announced their participation in an innovative project initiated by the Bank for International Settlements (BIS) aimed at transforming cross-border transaction systems using blockchain technology. This move is intended to simplify and expedite international money transfers, which currently often suffer from delays and high fees.

JPMorgan and AllianzGI Seek to Capture a Piece of Taiwan's AI Wealth Boom

8 months ago

Leading financial institutions such as JPMorgan Chase and Allianz Global Investors are eager to capitalize on the rapidly expanding artificial intelligence market in Taiwan. Recent studies have revealed a significant increase in demand for AI technologies in the country, drawing major investment firms to actively engage with local startups and established players.

Samsonite Selects JPMorgan and Morgan Stanley for US Dual Listing

9 months ago

Samsonite, a well-known luggage and accessories manufacturer, has decided to proceed with a dual listing of its shares on U.S. exchanges. The company is partnering with major investment banks JPMorgan and Morgan Stanley to facilitate this process. This decision is expected to enhance Samsonite's market capitalization and attract investor interest in the North American market.

JPMorgan Predicts Brazil's Interest Rate Hike in September

9 months ago

Bloomberg reports that analysts at JPMorgan expect Brazil to start raising interest rates as early as September 2024. This news highlights changes in the country's monetary policy amid rising inflation and a strengthening economy.

Just Eat CEO Shrugs Off JPMorgan's Delivery Mega-Merger Idea

9 months ago

The CEO of Just Eat Takeaway, a leading player in the food delivery market, has dismissed with humor the idea of a potential large-scale merger with other market participants suggested by investment bank JPMorgan. JPMorgan's intent to create a "mega-merger" implies merging several major companies to form a delivery service provider capable of competing with global leaders in the sector.