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Gemini Hires Former Morgan Stanley Exec as New Chief Compliance Officer
4.9.2019
Former Morgan Stanley executive Noah Perlman has joined the Gemini crypto exchange as its new chief compliance officer
Fake Gold Bars Detected in the Global Market While Price Hits New Six-Year High
29.8.2019
Sentiments driving the value of gold has shown no sign of slowing down since last 6 years. Priced at $1,545/oz, today, the commodity has hit a new high. Until now it has made over 20% this year and has reached its peak since March 2013. On the contrary, such escalating gold prices have paved...
Ex-Morgan Stanley Exec Joins Former Colleagues at Shenzhen Crypto Firm
24.8.2019
Ex-Morgan Stanley Asia head of derivatives Jeffrey Wang joined his former colleagues at Shenzhen-based crypto firm
Banking Giants JP Morgan and Goldman Sachs Caution against Chinese Stocks as Trade War Continues
13.8.2019
The continued trade war between the world’s two biggest economies, the United States and China, has proven to be the biggest economic issue in this decade. On top of that, there is still no sign that the trade war is going to be resolved any time soon, and that has made life extremely different...
Over 50% of Morgan Creek Founder Anthony Pompliano’s Net Worth Is In BTC
6.8.2019
Morgan Creek's Antony Pompliano says that over half of his net worth is in Bitcoin, Kevin O'Leary disapproves heartily
JP Morgan’s CEO Comments About the Effect of Facebook’s Crypto Libra
19.7.2019
Facebook’s cryptocurrency Libra is driving in diversified opinions from all over the world. While some are eagerly awaiting it, multiple authorities have raised critical questions on the ambitious crypto project by the social networking giant. The latest remarks on Libra has been made by Jamie...
Money Laundering Fines Worth Billions Help Bankers Avoid Prosecution and Unpleasant Labels
18.7.2019
The recent seizure of a cargo ship owned by JP Morgan, a vessel loaded with 20 tons of cocaine according to latest accounts, highlighted the risks of banks’ involvement in illicit activities, inadvertent or otherwise. And although U.S. authorities released the MSC Gayane after the owner,...
JP Morgan’s Jamie Dimon: Facebook’s Crypto Isn’t a Short-Term Concern
17.7.2019
“We’re going to be talking about Libra three years from now," JPMorgan Chase CEO Jamie Dimon said Tuesday
JP Morgan Chase Ship Busted: Cocaine, Banks and the Failed Drug War
11.7.2019
A ship seized by the U.S. Customs and Border Protection Agency in June carrying over 15,000 kilos of cocaine has now been tied to JP Morgan Chase’s asset management unit. Officially the company does not exercise any operational control of the vessel, but some serious questions are raised when...
Money and Democracy: Why You Never Get to Vote on the Most Important Part of Society
10.7.2019
It’s very odd that citizens never get to vote or have any say in regard to society’s money, even though it’s one of the most important aspects of everyday life. In fact, in developed countries, most central banks are institutions that are privatized from political interference...
Technology Arms Race Hots Up As JP Morgan Commits To Investing in AI
3.7.2019
As anyone might have noticed, technology has totally changed the way banking operates nowadays and it is perhaps even more so when it comes to professional trading. Over the years, banks have created complex algorithms and software application in order to maximize the returns from their hedge...
Goldman Sachs Hints At Exploring Its Own Crypto Much Like J.P. Morgan
29.6.2019
The crypto space is an exciting industry that’s presently driving in interests from across industry verticals. The latest entity to have expressed its interest to venture into this space is one of the most prominent American MNC banks, Goldman Sachs. David Solomon, the CEO of Goldman Sachs,...
Facebook Holds Talk With Banks For Libra Association
21.6.2019
While introducing a new payment system or currency that is meant for replacing the old one, banks play the most vital role that cannot be replaced by any other institution. Previously Facebook had partnered with MasterCard, PayPal, and Visa the most robust payment networks, but it had missed...
Morgan Stanley Predicts Recession Within a Year if Trade War Drags On
3.6.2019
The prolonged trade war between the United States and China has been one of the most damaging diplomatic and economic developments over the past few months. Despite the hope that the issue was going to be resolved, all talks broke down last month and soon enough, the problem escalated...
State Farm, USAA to Pay Each Other Insurance Claims on Blockchain by 2020
30.5.2019
Insurance giants State Farm and USAA are in advanced testing of a blockchain to automate claims processing
The Blockchain Development Team Of JP Morgan Enhances Features For Its Quorum Blockchain
29.5.2019
The blockchain team of JP Morgan, the world’s Sixth major financial organization has created an extension that will serve the Ethereum based blockchain. Through the new extension, it will provide complete privacy, and it will also hide the amount of money sent and from which address it is being...
JPMorgan Adds New Privacy Features to Its Ethereum-Based Quorum Blockchain
28.5.2019
JPMorgan has developed a new privacy feature for ethereum-based blockchains that hides both the sender and the amount in a transaction
World’s Biggest Investment Banks to Face Class Action Lawsuit in Australia
27.5.2019
Earlier this month, some of the world’s biggest investment banks were found to have been involved in widespread foreign exchange manipulation by the regulatory authorities in the European Union. At the time, it came to light that some of the traders employed with the biggest names in investment...
Zcash(ZEC) Price Analysis: Zcash Recent Rise Of 36% In 3 Days May Take It To 300 USD By 2019
24.5.2019
With its unique capability of both transparent or being shielded for the highest level of secured transactions by zk-SNARK makes Zcash(ZEC) the preferred digital asset. Its partnership with JP Morgan in 2017 to develop stable altcoins under the Quorum project increased its popularity among both...
Morgan Creek CEO Says Every Investor Should Hold Some Bitcoin
24.5.2019
Mark Yusko of Morgan Creek Capital says bitcoin is a great diversifying asset and belongs in every portfolio