J.P. Morgan has enhanced its Self-Directed Investing experience, adding new features to provide clients with better tools and resources for making informed investment decisions. One of the key enhancements is the ability to buy fractional shares of stocks or exchange-traded funds (ETFs) for as little...
JPMorgan Chase is reportedly moving deeper into the uber-popular world of private credit. That’s according to a report Thursday (May 23) by Bloomberg News, which notes that the banking giant is hoping to bolster its $3.6 trillion asset management business. Sources tell Bloomberg that JPMorgan held discussions...
Canada’s Scotiabank has a new CEO for its global banking and markets (GBM) business. Travis Machen, who joins the bank from Morgan Stanley, is set to take on his new position on May 6, Scotiabank announced in a Monday (April 29) news release. “In this role, Mr. Machen will...
Liquidity continues to dominate Q1 earnings season for banking. Saying his company can finally “play offense,” Cleveland-based KeyBank CEO Chris Gorman presented a solid balance sheet and a cautious take on the economic tailwinds for the balance of 2024. “While it’s still early in the...
January 19, 2023
For the world’s largest, most established banks, digitization is not a destination. Rather, it is an ongoing, dynamic process of change and innovation that must adapt to the latest technologies, customer needs and economic trends. And while the digital transformation of retail banking may be focused on enhancing the customer experience via apps and online […]
June 11, 2024
Say goodbye to BNY Mellon and hello to BNY. The bank — America’s oldest — is updating its logo and taking BNY as its new name, it announced in a Tuesday (June 11) press release. Its legal parent name will remain The Bank of New York Mellon Corp. “As the world changes and global financial markets evolve, so […]
May 30, 2024
J.P. Morgan has enhanced its Self-Directed Investing experience, adding new features to provide clients with better tools and resources for making informed investment decisions. One of the key enhancements is...
May 23, 2024
JPMorgan Chase is reportedly moving deeper into the uber-popular world of private credit. That’s according to a report Thursday (May 23) by Bloomberg News, which notes that the banking giant is...
April 30, 2024
Canada’s Scotiabank has a new CEO for its global banking and markets (GBM) business. Travis Machen, who joins the bank from Morgan Stanley, is set to take on his new position on May...
