Investors do not like Bear Markets, unless they are professional traders that love nothing better than to short an overbought sector of the market. For institutional investors, however, traders are always on the lookout for the sector that has the most “up” potential, while discarding anything that feels the pull of gravity downwards. During what…
Read moreAccessFintech, the financial technology firm led by industry entrepreneurs Roy Saadon and Steve Fazio, has just announced that JPMorgan Chase & Co. (J.P. Morgan) has become an investor in its series A round, leading the way for participation by additional market participants. The investment, financial terms of which were not disclosed, was made following an…
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JPMorgan Chase & Co. (NYSE: JPM) announced today that in accordance with the terms of the outstanding warrants to purchase common stock of JPMorgan Chase (NYSE: JPM/WS), the warrant Exercise Price will be reduced to $41.764 per share from $41.834 per share, and the Warrant Share Number will be increased to 1.02 from 1.01, effective…
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JPMorgan Chase & Co. (NYSE: JPM) has announced that it will redeem on December 1, 2017 all of the 125,750 outstanding shares of its 5.50% Non-Cumulative Preferred Stock, Series O (“Series O Preferred Stock”). The shares of Series O Preferred Stock are represented by 50,300,000 depositary shares which are currently traded on the New York…
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It's been less than a month since JPMorgan Chase & Co.(NYSE:JPM)'s last $264 million SEC fine for corrupt hiring practices in Asia-Pacific region. Now JPMorgan's back in action, along with HSBC Holdings Plc (NYSE:HSBC) and Credit Agricole SA with a fine of a total of 485.5 million euros ($521 million) for rigging the Euribor benchmark as…
Read moreShares in Plus500 Ltd (LON:PLUS) keep attracting investors' attention, especially after the publication of stellar results for the fourth quarter and full year 2014. Another piece of evidence in this respect was apparent today, as JPMorgan Chase & Co. (NYSE:JPM) took its stake in the CFD broker above 5% again. The latest transaction raised the…
Read moreBloomberg broke the news that two members of JPMorgan's London FX prime brokerage sales team put on leave after mishap with client expenses...
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