J.P. Morgan Chase

JPMorgan Announces First Client Trade on Tokenized Network
JPMorgan Announces First Client Trade on Tokenized Network
October 11, 2023  |  Blockchain

J.P. Morgan Chase says it has marked a milestone with its tokenized collateral network (TCN). The banking giant announced Wednesday (Oct. 10) that the network had...

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Dimon: JPMorgan Wants More VC and Startup Banking Clients
Dimon: JPMorgan Wants More VC and Startup Banking Clients
October 02, 2023  |  Banking

J.P. Morgan Chase reportedly wants to expand its startup and venture capital (VC) customer base. Speaking during a conference Monday (Oct. 2), CEO Jamie Dimon said the country’s...

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Report: FDIC Rescues Create ‘Vicious Cycle’ for Future Bank Purchases
Report: FDIC Rescues Create ‘Vicious Cycle’ for Future Bank Purchases
May 07, 2023  |  Banking

Do banks need to fail — and get government help — before buyers come forward? A report by Reuters Friday (May 5) citing industry sources said...

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Feds Want Big Banks to Pay $23 Billion SVB Collapse Bill
Feds Want Big Banks to Pay $23 Billion SVB Collapse Bill
March 30, 2023  |  Banking

Regulators want America’s biggest banks to help cover the cost of the recent banking crisis. The Federal Deposit Insurance Corp. (FDIC) is weighing the idea...

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Senators Warn Regulators on Zelle Fraud Risks
Senators Warn Regulators on Zelle Fraud Risks
March 03, 2023  |  Bank Regulation

Five Senate Democrats are sending a warning on Early Warning Services’ Zelle. In a letter addressed to the Federal Reserve, the FDIC, the National Credit...

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Banks Expected to Boost Loan-Loss Reserves for Third Consecutive Quarter
Banks Expected to Boost Loan-Loss Reserves for Third Consecutive Quarter
October 11, 2022  |  Banking

Bank loan-loss reserves are expected to increase for the third month in a row to as much as $4.5 billion as the nation’s six largest...

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JPMorgan Retail Arm Chase UK Crosses £10B in Deposits in First Year
JPMorgan Retail Arm Chase UK Crosses £10B in Deposits in First Year
September 28, 2022  |  Digital Banking

J.P. Morgan’s digital bank Chase UK is closing out its first year with £10 billion in deposits and 1 million customers as the digital retail...

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Congress Calls Bank CEOs to Capitol Hill for Consumer, Compliance Hearings
Congress Calls Bank CEOs to Capitol Hill for Consumer, Compliance Hearings
September 19, 2022  |  Banking

The leaders of the country’s seven biggest commercial financial institutions will head to Washington, D.C., this week to face two Congressional hearings to review consumer...

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JPMorgan Payments Acquires Renovite for Cloud Payments
JPMorgan Payments Acquires Renovite for Cloud Payments
September 12, 2022  |  Acquisitions

J.P. Morgan Chase is acquiring payments startup Renovite for undisclosed terms to use its technology to underpin the expansion of the bank’s merchant acquiring space...

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