Sideways: JPM Coin – to ubiquity and beyond!

JPMorgan is trying to advance its master plan for global fintech domination with a discipline that is often lacking in a sector better known for wildly over-promising than actually delivering practical solutions.

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Almost two weeks after launching JPM Coin, a digital token that will use blockchain technology to make payments, the bank held its investor day in New York on February 26 and promoted the new venture within a presentation designed to highlight its dominance in corporate and investment banking.

There is no question that JPMorgan has established itself as the leading global investment bank in the years since the 2008 financial crisis. It has been number one for global investment banking fees for 10 consecutive years and recently increased its share of fixed income and equity markets revenue more than any other bank.

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