JPMorgan Chase & Co
As Wall Street banks embrace crypto, high-flying start-ups look to lure top finance talent
Wall Street has been beefing up hiring for digital asset teams. But some employees are walking away from name-brand institutions in search of more risk, and potentially, more reward. JPMorgan Chase, Morgan Stanley and Goldman Sachs are among the firms with dedicated groups for cryptocurrency and its underlying blockchain technology. JPMorgan has one of the […]
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Investment banks love these ‘cheap’ global stocks they say are set to outperform
Analysts from JPMorgan, Credit Suisse and more name the “cheap” global stocks to buy right now. Source
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Goldman Sachs is betting that you’ll want a $10,000 home improvement loan from the investment bank
David Zalik, founder and CEO of GreenSky. Chris Hamilton | GreenSky Goldman Sachs, the 153-year old investment bank, is now officially in the home improvement loan business as it continues a push into the finances of ordinary Americans. The bank expects to add one million customers a year to its budding Marcus retail division through […]
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Amazon renews Prime credit card tie-up with JPMorgan Chase after flirting with American Express
Jeff Bezos and Jamie Dimon. Getty Images | CNBC Amazon has chosen to renew a deal allowing JPMorgan Chase to issue the tech giant’s flagship rewards credit card, ending months of heated negotiations, CNBC has learned. The Amazon Prime Rewards card was one of the industry’s most highly coveted co-brand deals, a rare prize because […]
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Goldman Sachs is buying corporate retirement plan robo-advisor NextCapital
A sign is displayed in the reception area of Goldman Sachs in Sydney, Australia. David Gray | Reuters Goldman Sachs has agreed to acquire NextCapital, a Chicago-based fintech firm that provides automated advice to corporate retirement plan participants. The bank said Tuesday in a release that the deal, the terms of which were not disclosed, […]
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Poland’s economy is standing strong for now, but the Ukraine war casts a ‘dark cloud’
On a display at a gas station, a liter of diesel costs 7.19 zloty. Refueling is also more expensive than ever in Poland, but still a lot cheaper than in neighboring Germany. Patrick Pleul | Picture Alliance | Getty Images Poland’s economy has had a strong start to the year, but as the war in […]
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Wall Street analysts say sustainable investing is being shaken up — and name the stocks to cash in
Goldman Sachs and JPMorgan name their top stocks picks in a sector that’s facing an overhaul. Source
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Wall Street bonuses climb to record $257,500 per worker last year, New York’s fiscal chief says
People walk along Wall Street in the financial district of Manhattan on September 29, 2021 in New York City. Spencer Platt | Getty Images The average bonus paid to securities industry employees in New York climbed 20% to a record $257,500 for last year, according to state comptroller Thomas DiNapoli. The projection, released Wednesday in […]
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After one of the worst starts to the stock market in 95 years, JPMorgan says it’s time to buy
“We believe the market still has upside,” said Dubravko Lakos-Bujas, JPMorgan’s chief U.S. equity strategist. Source
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Russia seems to have averted its historic bond default — for now
Russian President Vladimir Putin speaks during a meeting with representatives of the business community at the Kremlin in Moscow, Russia February 24, 2022. Aleksey Nikolskyi | Sputnik | via Reuters Russia appears to have sidestepped a historic debt default as it claims to have fulfilled crucial interest payments on two dollar-denominated eurobonds. Russia’s Finance Ministry […]
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