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JPMorgan CEO Warns of Recession Threat, Higher Inflation, Stagflation
16.9.2024
JPMorgan Chase CEO Jamie Dimon has raised concerns about stagflation despite signs of easing inflation. Dimon highlighted ongoing risks such as rising deficits and government spending that could pressure inflation. The JPMorgan executive warned that the U.S. economy is not yet out of the woods...
Jamie Dimon Says US Recession Still on the Horizon as JPMorgan Increases Forecast
11.8.2024
JPMorgan Chase CEO Jamie Dimon reiterated his belief that a recession remains the most likely outcome for the U.S. economy. Dimon pointed to various uncertainties such as geopolitics, housing, and spending. Meanwhile, JPMorgan has raised the likelihood of a U.S. recession this year. Jamie Dimon...
Jamie Dimon bashes partisan politics in presidential election op-ed
2.8.2024
The JPMorgan boss didn’t mention any candidates by name, but his message left little doubt about whom he was referring to
JPMorgan Chase unveils generative AI for analyst work
26.7.2024
JPMorgan Chase introduces LLM Suite, an AI-driven tool similar to ChatGPT, to boost productivity in its asset and wealth management division
Trump quashes reports on Jamie Dimon and Larry Fink as his Treasury Secretary
23.7.2024
The 78-year-old Republican nominee responded to reports suggesting he was considering the two financial CEOs for his cabinet
Trump weighing Bitcoin hater Jamie Dimon for US Treasury
17.7.2024
The former president could reveal more details at the Bitcoin Conference in Nashville from July 25 thru 27
JP Morgan-backed blockchain firm ‘Partior’ closes $60M series B
13.7.2024
Partior is already processing transactions on behalf of several firms including JP Morgan, DBS, and Temasek
JP Morgan-backed blockchain firm ‘Partior’ closes $60M Series B funding
13.7.2024
Partior is already processing transactions on behalf of several firms including JP Morgan, DBS, and Temasek
Federal Reserve’s Operating Losses Hit $176 Billion, Analysis Reveals
8.7.2024
According to an investigative report by Pam Martens and Russ Martens the owners and operators of wallstreetonparade.com, the U.S. Federal Reserve has been consistently incurring operating losses since Sept. 28, 2022, totaling $176 billion by June 19, 2024. These losses stem from the Fed paying...
Federal Watchdogs Flag 4 Major US Banks for Lack of Crisis Management; Demand Living Will Revisions
22.6.2024
Federal authorities have spotlighted critical deficiencies in the crisis management strategies—known as “living wills”—of four major U.S. banks, signaling a push for stronger safeguards against financial turmoil. The Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve...
JPMorgan Chase Captures 18% of US Bank Profits, Highlighting Growing Market Dominance
16.6.2024
A report has found that JPMorgan Chase Bank accounted for a substantial 18% share, or $11.7 billion, of the total $64.2 billion net income reported by all FDIC-insured banks for the first quarter of 2024. This data, highlighted by financial reporters Pam Martens and Russ Martens from...
Strong Bitcoin ETF inflows boost BTC stability, says Bitfinex
22.5.2024
Bitcoin ecosystem recorded consistent high daily closes, massive BTC outflows from crypto exchanges and inflows into the spot Bitcoin ETF market
JPMorgan’s Onyx to industrialize blockchain PoCs from Project Guardian
11.5.2024
Traditional firms like JPMorgan and WisdomTree are seeking to turn Project Guardian’s blockchain proofs-of-concept into scalable financial products
JPMorgan reports holding shares of several spot Bitcoin ETFs
10.5.2024
The largest bank in the U.S. with $2.6 trillion in assets reported to the SEC that it had purchased roughly $760,000 worth of shares of Bitcoin ETFs
Public blockchain ledgers ‘not fit for purpose,’ says JPMorgan
8.5.2024
Despite the criticism, TradFi institutions still prefer using public blockchains for real-world asset tokenization
JPMorgan CEO Jamie Dimon: Bitcoin Is a Fraud, There’s No Hope for BTC as a Currency
21.4.2024
JPMorgan Chase CEO Jamie Dimon has doubled down on his anti-bitcoin stance, emphasizing that the crypto is a fraud with no future as a currency. “It’s a Ponzi scheme,” the executive stressed. However, despite his strong opinion about bitcoin, JPMorgan is an authorized...
Satoshi’s Growing Fortune, JPMorgan Says Halving Priced in, Peter Brandt Raises BTC Price Target, and More — Week in Review
3.3.2024
Bitcoin’s valuation surged past the $1 trillion mark, significantly increasing the net worth of its elusive creator, Satoshi Nakamoto, by nearly $9 billion in two months. JPMorgan Chase analysts have identified the Bitcoin halving event and an upcoming major Ethereum network upgrade as...
JPMorgan CEO Advises Investors to Stay Away From Bitcoin — ‘My Personal Advice Is Don’t Get Involved’
19.1.2024
Jamie Dimon, the CEO of JPMorgan Chase, has advised investors to stay away from bitcoin. “My personal advice is don’t get involved,” he said. “But I don’t want to tell anyone what to do. It’s a free country.” The executive added that...
Jamie Dimon Insists Bitcoin Doesn’t Have Value as JPMorgan Teams up With Blackrock on Spot Bitcoin ETF
11.1.2024
JPMorgan Chase CEO Jamie Dimon has insisted that bitcoin doesn’t have value, emphasizing that its use cases are sex trafficking, tax avoidance, money laundering, and terrorism financing. However, JPMorgan has teamed up with Blackrock to help the world’s largest asset manager grow...
JPMorgan CEO Jamie Dimon Says He’d Close Crypto Down if He Were the Government
8.12.2023
JPMorgan Chase CEO Jamie Dimon told U.S. senators in a congressional hearing that he would close down crypto if he were the government. Emphasizing that he has always been “deeply opposed” to crypto and bitcoin, the executive stressed that the true use case of crypto is criminals, drug...