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News

JPMorgan’s Jamie Dimon Warns Banking Crisis to Be Felt for Years to Come

JPMorgan Chase CEO Jamie Dimon said that the banking crisis triggered by the March collapses of Silicon Valley Bank and Signature Bank has not reached its limit and will have an impact on the state of affairs in the economy over the next few years.

Countries

SEC Charges Frank Founder With Fraud in $175 Million Sale to JPMorgan

In the United States, federal regulators said that the founder of a student financial assistance company, Frank, committed fraudulent actions against one of the largest banks in the country.

News

JP Morgan Pilots Biometric Payments With US Merchants

JP Morgan plans to implement a plan to introduce biometric payments as part of a partnership with retailers in the United States.

News

JPMorgan Funds Metaverse Payments Platform Tilia

A payment platform for metaverse economies Tilia has secured a total of $22 million in funding from JPMorgan and Seoul-based fintech Dunamu to scale and provide KYC-compliant micropayments

News

First Republic Strengthens Liquidity With the Help of JPMorgan

First Republic Bank enhanced and diversified its financial position through additional liquidity from the Federal Reserve Bank and JPMorgan Chase

Finance & Economics

Crypto Exchange Gemini Denies J.P. Morgan Chase Ended Banking Partnership

Gemini cryptocurrency exchange has denied information about the termination of J.P. Morgan Chase’s interaction.

Finance & Economics

JPMorgan Restricts Staff Use of ChatGPT

The management of JPMorgan Chase has decided to establish a ban on the use of the chatbot ChatGPT by employees of the company.

News

US Credit Card Debt Reaches $1 Trillion, While Delinquency Rates Rise

The New York Federal Reserve estimated that US credit card debt reached nearly $1 trillion in the fourth quarter of 2022, growing by a record $130 billion annually. The rise in delinquencies and charge-offs makes credit card issuers prepare for the worst

News

JPMorgan Preps German Digital Bank

JPMorgan Chase & Co. plans to launch a digital bank in Germany.

Finance & Economics

US Biggest Banks Teams Up to Take On Apple and PayPal

The largest US banks are joining forces to create a digital wallet.

Finance & Economics

JPMorgan Chase Sues Founder of Online Portal It Acquired

JPMorgan Chase announced the start of legal proceedings with the founder of the online financial planning college platform.

News

US Banks to Report Profit Decline, Prepare for Recession

Major US banks are expected to show a net profit decline in their quarterly earnings reports to be released on Friday, while the industry is getting ready for an economic slowdown

Topbanks

Top 10 banks that are investing in blockchain

Let’s find out what financial institutions are investing in the blосkсhаіn technology more than others