|Bid||105.51 x 900|
|Ask||0.00 x 3000|
|Day's Range||103.66 - 105.70|
|52 Week Range||91.11 - 119.33|
|Beta (3Y Monthly)||1.07|
|PE Ratio (TTM)||11.73|
|Earnings Date||Apr 12, 2019|
|Forward Dividend & Yield||3.20 (3.12%)|
|1y Target Est||116.57|
What does JP Morgan's new digital coin launch mean for the payments system? Yahoo Finance's Brian Cheung discusses with Julie Hyman, Adam Shapiro, and Richard Bernstein Advisors Portfolio Manager Dan Suzuki.
J.P. Morgan became the first U.S. bank to create and test a digital coin for payments called the JPM Coin. The Final Round panel discusses the bank's latest move, and the implications on other cryptocurrencies.
Citigroup's (C) chief executive officer (CEO) - Michael Corbat - receives about 4.35% pay hike in total compensation package to $24 million for 2018.
JPMorgan Chase & Co. announced Thursday the creation of JPM Coin, a digital coin that uses blockchain-based technology to transfer payments between institutional accounts, according to a news release. The coin, currently a prototype, will be tested on a small group of JPMorgan (NYSE:JPM) clients with the intention of expanding into a pilot program later in 2019. JPM Coin is designed to make instantaneous payments on all standard blockchain networks for business-to-business transactions and will not be available for individual use, at least at first, according to the release.
The studies help small business owners find benchmarks in the context of their own experiences, according to feedback.
Kenny Polcari, managing principal at Butcher Joseph Asset Management, weighs in on how the JPMorgan cryptocurrency can impact markets.
TOP TEN MarketWatch rounds up 10 of its most interesting topics over the past week. 1. A warning from George Soros Soros says it’s not too late to save the European Union. 2. Another example of crazy airline rules Imagine you discover it’s cheaper to book a flight to a more distant city that has a layover in a city you really want to go to.
JPMorgan Chase has been making headlines for its cryptocurrency plan. America's largest bank has a history of "firsts". Watch the video timeline.
JPMorgan Chase has created and tested a prototype of a digital coin. It is a far cry from the revolution early blockchain and cryptocurrency advocates had hoped for.
JPMorgan Chase & Co. declared a dividend on the outstanding shares of the Firm’s Series X preferred stock. Information can be found on the Firm’s Investor Relations website at jpmorganchase.com/press-releases.
Bank stocks and sector-related exchange traded funds were leading the markets higher after recent filings revealed Warren Buffett's Berkshire Hathaway Inc. jumped in on the falling bank stocks to increase his bets on financials, hinting at the possibility of further merger and acquisition activity in the space. Among the top performing non-leveraged ETFs on Friday, the Invesco KBW Bank ETF (KBWB) increased 2.3%, First Trust NASDAQ ABA Community Bank Index Fund (QABA) advanced 2.0% and SPDR S&P Bank ETF (KBE) gained 2.1%. Meanwhile, the broader Financial Select Sector SPDR (XLF) was 1.8% higher.
Citigroup Stock: Potential Upside(Continued from Prior Part)Strong financial performance Citigroup (C) impressed investors with its financial performance in 2018 due to higher net interest revenues, lower costs, and a decline in the effective tax
As I recently speculated, Warren Buffett (Trades, Portfolio) was busy using some of his enormous cash pile at Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) to increase the size of his equity portfolio during the fourth quarter of last year. Warning! GuruFocus has detected 2 Warning Sign with BRK.A. Click here to check it out. At the last count, Berkshire's cash pile was in excess of $100 billion, and in the third quarter of 2018, we know he used around $12 billion to boost the value of his investments in companies like Apple (AAPL) and Bank of America (BAC) and initiate to a new position in JPMorgan (JPM).
Why Warren Buffett’s Market Views Differ from President TrumpWarren BuffettOn February 14, Berkshire Hathaway (BRK-B) released its fourth-quarter 13F. The filing was highly anticipated since Berkshire Hathaway held more than $100 billion in cash
JPMorgan Chase & Co. (JPM) CEO Jamie Dimon previously had some choice words about bitcoin, calling the largest cryptocurrency by market value a “fraud,” but that does not mean the largest U.S. bank is not keeping an open mind about digital assets. In fact, New York-based JPMorgan is unveiling its own digital currency known as JPM Coin, which will be used to settle a small percentage of transactions across the bank's massive wholesale payments platform. “The lender moves more than $6 trillion around the world every day for corporations in its massive wholesale payments business,” reports CNBC.
Here’s what we know about JPMorgan’s JPM Coin and what it could mean for existing cryptocurrency investors.
On Thursday, the crypto community notched up a win when JPMorgan Chase & Co. announced they had launched their own cryptocurrency, the JPM Coin. But did they?
For starters, Mr Trump would be able to set aside many of the legal limits on his authority. from office in 2017 after the president fired James Comey, then the bureau’s chief. The revelation was disclosed by Andrew McCabe in a 60 Minutes interview ahead of his book’s release, an adaptation of which can be read here.
state oil company Pemex, expanding a package of bailout measures that it said will allow the company to boost investment after 15 years of falling output. “Pemex will be reborn,” President Andrés Manuel López Obrador said at his daily morning news conference on Friday, at which the additional measures were announced. The government had promised a sweeping bailout of the national champion, which is labouring under a $104bn debt load.
Major cryptocurrency prices fall on Thursday morning in New York, extending losses from the previous session.
JPM Coin, the new JPMorgan cryptocurrency, is no Bitcoin. It's taking on the market from the top down, starting with transactions between financial institutions.