Tag: Jamie Dimon
JPMorgan CEO Says This is the Last Time I’m Talking About Bitcoin: Don’t Get Involved!
Jamie Dimon, CEO of banking giant JPMorgan, spoke about Bitcoin (BTC) for the “last time”. Notable for his anti-cryptocurrency comments Jamie Dimonattracted attention with its recent Bitcoin statement. CNBC Making…
JPMorgan CEO Speaks Openly: He Wants to End Cryptocurrencies
JPMorgan CEO Jamie Dimon shared his intention to end cryptocurrencies with US lawmakers. Answering the question of Democratic Senator Elizabeth Warren at the panel held yesterday, Jamie Dimon said: “I’ve…
This is the Cryptocurrency that 3 Investors Say “We Regret Not Buying”
Bitcoin, the world’s first cryptocurrency, has witnessed a meteoric rise in value since its inception in 2009. Those who received it in time became significantly richer. On the other hand,…
Das teure Rennen der Banken um die besten KI-Systeme
New York Der Roll-out bei Morgan Stanley hat begonnen. Schrittweise bekommen die rund 16.000 Vermögensverwalter der US-Bank in diesen Tagen Zugang zum firmeninternen Chat-Programm GPT-4. Das ist das neuste Sprachmodell…
Löhne, Gewinne, Zukunftschancen: Amerika hängt Europa ab
GE-Fabrik in Indiana Die traditionelle Industrie in den USA erfindet sich neu und setzt sich von der europäischen Konkurrenz ab. (Foto: Reuters) Brüssel, Washington, Düsseldorf Es begann mit der Finanzkrise und…
JPMorgan boosts profits after First Republic acquisition – Wells Fargo benefits from higher interest rates
JPMorgan Chase & Co in New York new York The largest US bank, JP Morgan, also benefited greatly in the second quarter from the sharp rise in interest rates and…
Why the crisis of confidence in regional banks is so difficult to stop
First Republic Bank in San Francisco The struggling US regional bank was taken over by the financial group JP Morgan Chase. (Photo: Bloomberg) Denver These are names that, until recently,…
Why the crisis of confidence in small institutions is so difficult to stop
First Republic Bank in San Francisco The struggling US regional bank was taken over by the financial group JP Morgan Chase. (Photo: Bloomberg) Denver These are names that, until recently,…
JP Morgan acquires First Republic Bank
First Republic The regional bank will be subject to the FDIC and then resold directly. (Photo: Bloomberg) Denver, Frankfort The crisis-ridden First Republic Bank is taken over by the largest…
“We are experiencing an exceptional situation in every respect”
View of the New York City skyline In mid-March, the collapse of three US regional banks caused turmoil on the financial markets. (Photo: Reuters) Frankfurt The situation has calmed down…
Banks are designing their own chatbot alternatives to ChatGPT
Frankfurt The shareholder letters from Jamie Dimon, head of the world’s largest bank JP Morgan, are something like a seismograph for the important issues in the financial world. In this…
JP Morgan Chase, Citi and Wells Fargo with profit jump
JP Morgan headquarters in New York The US bank published its figures for the first quarter of 2023 on Friday. (Photo: Bloomberg) New York, Frankfurt The major Wall Street institutions…
JP Morgan and Wells Fargo post higher earnings
JP Morgan headquarters in New York The US bank published its figures for the first quarter of 2023 on Friday. (Photo: Bloomberg) New York, Berlin The major US banks JP…
America’s savers are pumping billions into money market funds
Mirrored facade at Summit One Vanderbilt Observation Deck in Manhattan Not only the big banks from New York are moving into focus due to the crisis of confidence in the…
Concerns about US banking system fuel discussion about higher deposit insurance
Denver The heads of the major US banks meet in Washington on Tuesday. The meeting of the banking lobby Financial Services Forum had been planned for a long time. But…
Inflation in the US falls to 6.5 percent in December
Washington, Dusseldorf, New York The latest US inflation data is raising hopes that inflation in the world’s main economy has finally peaked. That could give the US Federal Reserve room…
Midterms 2022: Biden, Trump, Pelosi
Joe Biden in conversation with students The US President will be 80 on November 20 – that is not unusual in American politics. But can he still understand the worries…
Q3 results beat expectations thanks to rates business
Frankfurt Europe’s banks exceeded expectations in the third quarter of this year – despite the looming recession. The second largest Italian bank, Unicredit, said it was the best third quarter…
Q3 results beat expectations thanks to rates business
Frankfurt Europe’s banks exceeded expectations in the third quarter of this year – despite the looming recession. The second largest Italian bank, Unicredit, said it was the best third quarter…
More interest, more bankruptcies – banks are preparing for difficult times
New York, Frankfurt For months, the mix of energy crisis, high inflation, impending recession and fears of war left the balance sheets of European banks almost untouched. Now the major…