JPMorgan

The chief executive of JPMorgan’s Onyx blockchain business explains why it has been a long slog, and where the interest lies today after the crypto collapse.

Daniel Zelikow, chairman of JPMorgan Development Finance Institution’s governing board, on private-sector development finance, EM policy risk and funding bankable assets.

DBS, JPMorgan and Japan’s SBI combined to launch a groundbreaking decentralized finance trade stewarded by the Monetary Authority of Singapore. It was a great deal of work, but to what end?

This year has seen banks report markdowns on leveraged finance commitments and related exposures, something that is hardly surprising given what has happened to yields. But even with syndicates struggling to offload some high-profile big deals, the troubles seem oddly muted so far.

Both HSBC and JPMorgan have recently boosted their digital trade finance offerings, as the ICC Centre for Digital Trade and Innovation commenced testing of digital trade systems between Singapore and the UK.

UK pension fund hedges have failed the first real stress test in a new era of rising interest rates. Bankers are surprisingly relaxed about the implications for other threats to global systemic stability.

Smaller firms are expected to pull back on expenditure as recession risk rises.

More awareness by corporates of the role played by small suppliers has boosted early payment programmes.

The US bank has reorganized its Latam wealth management business to focus on faster growing countries, but home bias remains a tough instinct to overcome.

West Virginia state treasurer Riley Moore has opened another front in a campaign by Republican officials in the US against banks that promote ESG policies.

Supposedly disappointing second-quarter earnings should have surprised no one and Morgan Stanley’s were quite good.

JPMorgan is the standout winner of the award for the region’s best bank for advisory. According to Dealogic data, the firm advised on 22 completed M&A transactions in the year to the end of March 2022 worth a total of $66.51 billion, giving it a 34.2% market share. No other investment bank came close in terms of either deal volume or deal count.

Something has been building at JPMorgan. For years, a common question in the industry has been: why isn’t the bank, for all its global strength, doing better in Asia? It has always been close to the top in Asian investment banking but rarely troubles Goldman Sachs and Morgan Stanley at the very highest table.

Earlier this year, JPMorgan was named the best wealth manager in the US in Euromoney’s private banking and wealth management survey for 2022. It was also named as best for the ultra-high net-worth segment – classified as individuals or families with $30 million to $250 million in assets.

The global wealth expert has expanded its vision, horizon and profits this year

Not content with consolidating its position at the top of the SSA rankings, JPMorgan is increasingly working with public-sector clients in frontier markets.

The blockchain-based cross-border payments platform will operate across 15 countries.

The results of this year’s Euromoney FX survey highlight the value of long-term strategic investment in forex.

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?