I haven’t published anything in over a week. No, the world has not stopped spinning down its fateful path, as you will see if you peruse the following headlines I managed to collect as I was busy applying post-trauma care to my beloved mare, Nellie. 1,896 more words
Tags » JPMorgan
Fintech startups used to be focused on making traditional banks obsolete. Now, it seems like they just want to sell them services.
Among the young companies going that route is itBit, a blockchain startup that has a regulatory license in New York state that allows it to deal in digital currencies such as bitcoin. 273 more words
Abbott Laboratories (NYSE:ABT) announced on February 1st, 2016 the acquisition of Alere (NYSE:ALR). The deal comes just few days after Abbott reported a drop of 15% in its profits for the final quarter of 2015, mainly linked to the stronger dollar effects on its results in the Emerging Markets where it sells its products. 1,585 more words
Plastered across the front pages of newspapers and taking up significant space in social media outlets is the scandal of the Panama Papers.
An anonymous source leaked over 10 million internal files that exposed thousands of individuals, companies, political figures and organizations, many of whom had committed at least some form of tax evasion. 333 more words
JPMorgan Chase CEO Jamie Dimon is “extremely concerned” the amount of sensitive—and valuable—customer financial data other companies can obtain with your permission.
In an annual shareholder letter published today, Dimon dedicated a full page to the firm’s policy on sharing customer data with third-party services. 240 more words
Bank of America Merrill Lynch, Citi, Credit Suisse, J.P. Morgan, and the Depository Trust & Clearing Corporation (DTCC) successfully traded credit default swaps on the blockchain, according to an announcement today. 202 more words