Jamie Dimon, CEO of JPMorgan Chase, calls bitcoin an “exaggerated fraud.” The CEO questioned the cryptocurrency’s supply cap, expecting a picture of bitcoin creator with the pseudonym Satoshi Nakamoto to appear and laugh at us all when the bitcoin supply hits 21 million coins. JPMorgan CEO on Bitcoin and its supply cap The CEO of …
A sign is placed in front of Wendy’s Restaurant on August 10, 2022 in Petaluma, California. Justin Sullivan | Getty Images Check out which companies are making headlines in the midday trading. JPMorgan – Shares of the largest US bank in terms of assets rose by more than 2% after the company recorded profits and …
JPMorgan Chase & Co., Bank of America Corp., and Citigroup Inc. and Wells Fargo & Co. managed to beat Wall Street’s lower expectations for fourth-quarter earnings as higher interest rates boosted income from loans. Banks posted stronger-than-expected results despite a slowdown in overall transaction activity such as mortgage loans and initial public offerings. But JPMorgan …
The financial giant is suing the founder of a Mark Rowan-backed startup that it acquired, alleging that the fintech firm, Frank, sold the financial giant on a “lie.” JPMorgan Chase is suing the 30-year-old founder of Frank, a fintech startup it acquired for $175 million, for allegedly lying about its size and success by creating …
Rep. French Hill, R-Ark, calls for awakened environmental politics on the Kudlow. Kentucky is warning a number of financial institutions, including BlackRock and JPMorgan Chase, to stop boycotting energy companies or the state could strip its funds in the coming months. The Kentucky legislature enacted a law in 2022 requiring the office of the state …
Kentucky warns BlackRock and JPMorgan Chase about ‘energy boycott’ Read More »
Rep. French Hill, R-Ark, calls for awakened environmental politics on the Kudlow. Kentucky is warning a number of financial institutions, including BlackRock and JPMorgan Chase, to stop boycotting energy companies or the state could strip its funds in the coming months. The Kentucky legislature enacted a law in 2022 requiring the office of the state …
Kentucky warns BlackRock and JPMorgan Chase about ‘energy boycott’ Read More »
