JPMorgan

The results of this year’s Euromoney FX survey highlight the value of long-term strategic investment in foreign exchange and underline the value of sticking to what you are good at.

Aggregate investment banking and markets revenues fell 12% at the big five US investment banks in the first quarter of 2022. Their chief executives were confident that dealflow will return, but were also united in their uncertainty over how central bank responses to inflation will play out in markets.

JPMorgan is named the world’s best wealth manager in Euromoney’s latest private banking and wealth management survey. It is testament to the US bank’s global strength in serving the wealthiest families, along with its drive to constantly transform itself and boost diversity as it hires the most talented relationship managers in core markets.

Wage inflation leads to substantial cost increases at major Wall Street banks.

Wall Street firms such as Goldman Sachs, JPMorgan and Morgan Stanley are muscling in on the booming market for private share trading – and potentially disrupting existing technology platforms.

Big numbers don’t always tell a story, but January saw one pop up in three different places. How they connect is intriguing.

Having closed its onshore private wealth businesses in Brazil and Mexico, the US firm had a standout year in its Latin American private bank in 2021.

The bank hopes to profit from the normalization it expected in 2021, if borrowing picks up and rates rise in 2022.

Euromoney’s Mystic Maca has looked into the future and it’s all about getting things back to the way they were.

Chief executive of commercial banking Doug Petno says advanced payments technology rather than lending is the key to winning mid-market clients.

More financial institutions are moving into the banking-as-a-service market to tap into demand from corporates looking to offer multiple payment options and enhance customer loyalty.

Andrew Cohen, executive chairman of JPMorgan Private Bank, talks to Euromoney about the war for talent, why diversity and inclusion have never mattered more, and what markets the private bank has in its sights.

Nobody doubts that cross-border payments could be more efficient and less laden with intermediaries. But are JPMorgan and Oliver Wyman right to suggest that central bank digital currencies are the answer?

JPMorgan Chase can be a winner in global digital retail banking according to Sanoke Viswanathan, the bank’s head of international consumer growth. With European expansion starting in the UK under the Chase brand and growth in Latin America through a stake in Brazil’s C6, Viswanathan insists his firm is in this for the long haul.

JPMorgan’s move into the in-vehicle payments market reflects the ever-growing impact of financial technology on the automotive industry.

JPMorgan’s chief executive packs just as much of a punch online as in person.

Australia is not the first country that comes to mind with regards to climate action. But away from the political rhetoric, the exceptionally powerful superannuation funds and corporates are pushing change. The key is an acceptance that in Australia it’s all about transition.

High net-worth individuals once eschewed cryptocurrencies. When Covid hit, many learned to embrace them. They see the danger of endless QE and the returns to be generated in the world of decentralized finance.

JPMorgan wants to have fun being a disruptor, but persistently low valuations for even the strongest banks limit its options.

The big six US banks are releasing the loan loss reserves they built up in the pandemic. Where might this end? The answer could be surprising.

In a bumper year for Eurobond issuance, JPMorgan once again demonstrated the unrivalled breadth and depth of its debt capital markets franchise in central and eastern Europe.

This year’s FX survey reflects huge disruption and transition across the industry. Pandemic-driven technological advances saw traders tackle a surge in business while working remotely – supercharging change that will permanently alter the way the industry operates.

As football fans enjoy an action-packed European Championship, JPMorgan is advancing its project to dominate global sport financing.

Buying robo-adviser Nutmeg is a bold and telling first step for the US bank’s new digital banking venture in the UK.

JPMorgan’s new chief financial officer, Jeremy Barnum, is an unusual choice for a role that has become a springboard for greater things.

With Goldman and AmBank behind it, Malaysia aims further afield with lawsuits.

2020 was a breakout year for China’s financial and capital markets. The next 12 months could be just as busy, as regulators rush to approve a host of licences lodged by global financial institutions.

European football is hardly a model of sustainability at the best of times, but JPMorgan is to be commended for its noble attempt to make it even worse.

The US investment bank sidesteps an avoidable reputational own goal as a planned football European Super League collapses.

JPMorgan’s blockchain units have launched a new validation solution called Confirm. It is another small step towards mainstream use of the technology in payments.