Forex Weekly Look Back: Colin Murphy joins smartTrade, CMC Markets reports 63% rise in net operating income for Q1 2021 LeapRate

June 11, 2021 BY Steffy Bogdanova

Forex Weekly Look Back: Colin Murphy joins smartTrade, CMC Markets reports 63% rise in net operating income for Q1 2021

The Swiss Exchange welcomed VanEck ETP AG as a new issuer of Exchange Traded Products (ETPs). VanEck ETP AG adds 4 new listings which makes a total of 100 ETPs and Structured Products with cryptocurrencies as underlyings are offered for trading at SIX Swiss Exchange. SIX has recorded trading volumes of CHF 4.6 billion on…

June 08, 2021 BY Steffy Bogdanova

Bob Elfring re-enters M&A market as JPMorgan vice chair

Before his six year stint at Bank of America, Elfring held a position at Credit Suisse, taking responsibility for the investment banking coverage spanning both Benelux and Northern Europe. More recently, Elfring took up the role of adviser to CVC Capital Partners, a private equity firm. Having begun his career at ABN AMRO in the…

January 07, 2021 BY Steffy Bogdanova

LCH ForexClear adds non-deliverable FX options clearing to its offering

Logan Campbell, Global Head, FX Derivatives, Deutsche Bank said: Clearing non-deliverable FX options is a natural product extension to complement cleared non-deliverable forwards. This enables us to benefit from clearing a wider range of our non-deliverable FX products, reducing operational complexity and increasing capital efficiencies with the reduction of risk weighted assets possible through clearing.…

June 30, 2020 BY Valentina Kirilova

Daily Market News: Goldman and JPMorgan keep dividends while Wells Fargo cuts

Homebuilders at the back of the FTSE 100 after record low mortgage approvals In the UK yesterday, the FTSE 100 posted a 1.1% gain, led by International Consolidated Airlines Group, Standard Chartered, and Kingfisher, which all finished close to 4% up. Home builders and property investment companies were close to the bottom of the pack,…

February 24, 2020 BY Valentina Kirilova

Daily Market News: Stocks plunge as virus fears grow

Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for February 24, 2020. Markets are down heavily across the board this morning as investors seek safety due to a rise in coronavirus cases outside of China. Outside of Asia, we had seen markets almost carrying on with…

February 19, 2020 BY Steffy Bogdanova

JPMorgan warns fintechs they will be denied access to customer data unless they sign new deal

JPMorgan Chase & Co warned financial technology companies that they will be denied access to customer information if they do not sign new data access agreement by 30 July. JPMorgan plans to stop using customer passwords to gather the data. The U.S. bank sent a letter in late January to fintechs and aggregators with the…

December 12, 2019 BY Valentina Kirilova

JPMorgan to launch blockchain payment network in Japan in January

JPMorgan’s interest in blockchain technology received a great deal of press back in February of this year, when we reported that it would be “the first major bank to embrace the crypto revolution in a significant way by issuing its own proprietary stablecoin to speed up cross-border payments and gain other operating efficiencies, as well”.…

December 08, 2019 BY Mariela Naydenova

Former JPMorgan banker testifies for cartel prosecution: there was no agreement

On Friday, December 6th, in a prosecution hearing against a potential criminal cartel case involving Deutsche Bank AG and Citigroup INC, the former JPMorgan head of markets, Jeff Herbert-Smith, served as a prosecution witness claiming that the banks never colluded in the first place. The testimony actually served as a blow to the prosecution case…

September 23, 2019 BY Valentina Kirilova

Wells Fargo announces crypto project, but cannot avoid hypocrisy catcalls

Poor Wells Fargo (NYSE:WFC). The third largest bank in the United States cannot seem to win for losing. On one day, it announces a major internal cryptocurrency and blockchain technology project, much in the same vein as did JPMorgan Chase months back, but on the next day, the crypto community, not short on memory, quickly…

March 25, 2019 BY Valentina Kirilova

Senior JPMorgan executives changing stance regarding all things crypto

After all the hoopla following the advent of the “JPMCoin”, banking executives now believe that the time is right for partnership and cooperation with all things crypto. The apparent flip came as a surprise during a nationally televised sequence of Squawk Box on CNBC, featuring an interview with JP Morgan’s Global Head of eCommerce Solutions…

Tag: JPMorgan