The Monetary Authority of Singapore (MAS) has imposed a civil penalty of $2.4 million Singapore dollars (about $1.8 million) on JPMorgan Chase Bank, N.A., alleging misconduct by the bank’s relationship managers (RMs). The MAS found 24 over-the-counter (OTC) bond transactions in which JPMorgan’s relationship managers made inaccurate...
We all heard the saying as kids when parents and teachers offered up these words of wisdom: You only get one chance to make a first impression. The aphorism holds true in retail, where merchants vie for the attention, and the dollars, of consumers day...
Expense management firm Payhawk launched a partnership with J.P. Morgan Payments. The collaboration will see Payhawk use J.P. Morgan Payments’ APIs to let customers store, exchange and send money in more than 30 currencies within its platform, according to a Tuesday (Nov. 19) press release....
J.P. Morgan’s digital-only bank Chase UK has reportedly introduced its first credit card. The move comes after the banking giant’s British venture took in upwards of £20 billion in deposits in three years, the Financial Times (FT) reported Tuesday (Nov. 19). The card is being...
October 14, 2024
Earnings season is here — as always, led by the banks, and the banks led the CE 100 Index 1.7% higher through the past week. As a group, the banks were up 4.4%, and only two pillars, including the “Live” and “Have Fun” segments, showed slight losses. Within the banking pantheon, JPMorgan’s stock rallied 5.2%. […]
October 11, 2024
As 2024 draws to a close, and as evidenced by management remarks and data in the latest earnings results from JPMorgan Chase, posted on Friday (Oct. 11), consumer spending, in...
September 19, 2024
Data. Generative artificial intelligence. Regulations. Cash forecasting. If you recognized the chief financial officer in that series, you’re not wrong. If you saw the new world of the CFO as...
August 20, 2024
Big banks have been revisiting their branching strategies — branching (slight pun intended) into new markets, covering parts of the country thus far underserved by physical banking locations. In doing...
December 02, 2024
The Monetary Authority of Singapore (MAS) has imposed a civil penalty of $2.4 million Singapore dollars (about $1.8 million) on JPMorgan Chase Bank, N.A., alleging misconduct by the bank’s relationship managers (RMs). The MAS found 24 over-the-counter (OTC) bond transactions in which JPMorgan’s relationship managers made inaccurate or incomplete disclosures to clients, and the bank failed to […]
November 19, 2024
Expense management firm Payhawk launched a partnership with J.P. Morgan Payments. The collaboration will see Payhawk use J.P. Morgan Payments’ APIs to let customers store, exchange and send money in...
November 19, 2024
J.P. Morgan’s digital-only bank Chase UK has reportedly introduced its first credit card. The move comes after the banking giant’s British venture took in upwards of £20 billion in deposits...
November 06, 2024
J.P. Morgan has announced a significant enhancement to its blockchain platform, recently rebranded from Onyx to Kinexys. The bank will integrate Kinexys Digital Payments with J.P. Morgan FX Services, enabling...
