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jpmorgan

JPMorgan Fixes Security Flaw, Affects 450K Retirement Plans

by Edgar Davis
JPMorgan Fixes Security Flaw, Affects 450K Retirement Plans

JPMorgan, the largest U.S. bank with $3.4 trillion in assets, recently fixed a years-long software issue that allowed unauthorized access to 451,809 retirement plan records. Three system administrators could access …

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Hong Kong Monetary Authority to host world-class financial forum again in November

by Anas Siddiqui
Hong Kong Monetary Authority to host world-class financial forum again in November

“The executives who attend the summit can also meet local staff and clients, while some of them could also visit the mainland. They can share their insights about Hong Kong …

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JPMorgan Chase CEO Jamie Dimon Worried About ‘Stagflation’

by Anas Siddiqui
JPMorgan Chase CEO Jamie Dimon Worried About ‘Stagflation’

JPMorgan Chase CEO Jamie Dimon is worried about the possibility of “stagflation,” which is a period of slow economic growth, high unemployment, and high inflation. He mentioned the term at …

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Blockchain still a hot topic at Money20/20 Asia, along with AI, even as interest wanes in other markets

by Walter Watson
Blockchain still a hot topic at Money20/20 Asia, along with AI, even as interest wanes in other markets

Blockchain technologies emerged as an important trend at an Asia fintech conference this week, along with artificial intelligence (AI). Out of the 139 talks and panels at the first Money20/20 …

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Tesla Hopes New Models Can Shore Up A 55 Percent Drop In Profits

by Horatio Thompson
Tesla Hopes New Models Can Shore Up A 55 Percent Drop In Profits

Good morning! It’s Wednesday, April 24, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are …

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JPMorgan doubles down on $42,000 Bitcoin price forecast post-halving

by Isaac Wright
JPMorgan doubles down on ,000 Bitcoin price forecast post-halving

Share this article Bitcoin’s price action post-halving has generated numerous headlines in recent weeks. While historical patterns suggest a bullish trajectory, not all analysts agree. Analysts at JPMorgan reiterated a …

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JPMorgan CEO Jamie Dimon: AI Could Impact ‘Every Job’

by Edgar Davis
JPMorgan CEO Jamie Dimon: AI Could Impact ‘Every Job’

JPMorgan CEO Jamie Dimon’s annual letter to shareholders, released on Monday, touted the firm’s record $162.4 billion revenue in 2023 and commitment to shareholders while also zooming out to broader …

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Bitcoin Troubles Far From Over As More Carnage Looms, JPMorgan Analysts

by Isaac Wright
Bitcoin Troubles Far From Over As More Carnage Looms, JPMorgan Analysts

Despite optimism about Bitcoin’s future trajectory heading into the Bitcoin Halving, analysts at JPMorgan have raised concerns that things may not go according to everyone’s expectations. They believe that a …

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Goldman Sachs wealth-management executive warns against buying Chinese stocks, citing tepid growth, opaque policy

by Anas Siddiqui
Goldman Sachs wealth-management executive warns against buying Chinese stocks, citing tepid growth, opaque policy

A top executive with Goldman Sachs Wealth Management has warned against investing in Chinese stocks, hinting at ongoing jitters among foreign investors even as both onshore and offshore shares show …

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JPMorgan Analysts Predict Bitcoin Crash To $42,000 Post-Halving

by Isaac Wright
JPMorgan Analysts Predict Bitcoin Crash To ,000 Post-Halving

Bitcoin, the world’s largest cryptocurrency, faces a potential downturn in its price following the anticipated halving event scheduled for April, according to analysts at JPMorgan led by Nikolaos Panigirtzoglou. This …

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