|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||98.73 - 99.89|
|52 Week Range||67.64 - 99.89|
|PE Ratio (TTM)||14.68|
|Earnings Date||Jan 12, 2018|
|Forward Dividend & Yield||2.24 (2.28%)|
|1y Target Est||99.58|
The Fast Money traders discuss the Dow, S&P and Nasdaq all hitting fresh records. The S&P 500 adding nearly $4 trillion in market cap since the election. Stocks are at all-time highs and America is getting rich.
A lot is happening with online payment services. JPMorgan is buying payment startup WePay. Meanwhile, Venmo is making crucial upgrades to ensure that paying for items will be easier. Yahoo Finance’s Alexis Chrsitoforous, Ethan Wolff-Mann and Jen Rogers break down these crucial moves.
Investing.com - JPMorgan (NYSE:JPM) said Tuesday it has agreed to buy payments start-up WePay, in its first major acquisition of a financial technology startup.The two companies didn’t disclose the terms of the deal, but the Wall Street Journal reported the price being above $220 million.The investment banking giant said it will roll out WePay's payments technology to its 4 million small businesses clients.WePay's software is used by online marketplaces and crowdfunding websites like GoFundMe to process payments.Financial institutions have expressed growing interest in fintech acquisitions amid the growing popularity of e-commerce.
Oct.18 -- Stephen Parker, head of thematic equity solutions at JPMorgan Private Bank, discusses the state of Brexit talks as U.K. Prime Minster Theresa May states the nation is preparing for any scenario, including a no-deal Brexit. He speaks with Bloomberg's Jonathan Ferro on "Bloomberg Daybreak: Americas."
A Florida software engineer was sentenced to 16 months in prison on Friday after being found guilty of scheming to help an illegal bitcoin exchange avoid having banks and regulators look into its activities. Yuri Lebedev was sentenced by U.S. District Judge Alison Nathan in Manhattan, according to Nicholas Biase, a spokesman for federal prosecutors. The bitcoin exchange involved in the case, Coin.mx, was linked to an investigation of a data breach at JPMorgan Chase & Co, revealed in 2014, that exposed more than 83 million accounts.
JPMorgan Chase & Co. announced today that it has released its results of the 2017 Mid-Cycle Stress Test which the Firm is subject to under Dodd-Frank Act Stress Test requirements.
Though Investors showed varying levels of enthusiasm from the beginning of Q3 earnings season in the financial space, results from JPMorgan Chase, Bank of America & PNC Financial Services as positive, while Wells Fargo continued to suffer from increased legal costs & reputational damages.
Shares of big banks like JPMorgan and were up slightly on Friday after the Senate on Thursday approved a budget resolution that helps clear the way for the GOP's plans to cut taxes.
Guggenheim Securities JPMorgan Chase has been increasing investment in its payments capabilities for merchants, adding useful technologies like WePay. The JPMorgan (JPM)/WePay combination is attractive, in our view, as WePay’s core competency of integrating payments functionality into software will bolster the suite of services JPMorgan can offer to small businesses in particular.
Two decades ago, I was earning a living as an internet commerce expert, and telling anyone who would listen that, while the internet itself was important, internet stocks were a bubble that would end in tears. Now the technology that matters is blockchain. Blockchain automates trust, and movements of value, the way the internet automated communication.
Today, Capital Impact Partners—with support from JPMorgan Chase & Co.—announced a new $5 million program committed to help more minority real estate developers participate in Detroit’s continued economic recovery by providing them with critical training opportunities and access to capital.
Chase has promoted Miami banking executive George Acevedo. Acevedo will now lead Chase's consumer banking segment for its new south division, which includes nearly 700 branches in Florida, Georgia, Louisiana and Oklahoma. This new role means that Acevedo will oversee Chase branches and Chase Wealth Management teams across the region. Acevedo has been the regional director for Chase's Florida market for the past two years and prior to that he lead the Southeast market.
NEW YORK (AP) — The selfie is everywhere — Facebook, Instagram, Twitter — and soon your bank could be asking for one in order to approve your purchase or credit card application.
Categories: Yahoo FinanceGet free summary analysis Our analysis is based on comparing JPMorgan Chase & Co. with the following peers – Citigroup Inc, Deutsche Bank AG, Wells Fargo & Company, Bank of America Corporation, KeyCorp, U.S. Bancorp, Barclays PLC Sponsored ADR, PNC Financial Services Group, Inc. and HSBC Holdings plc Sponsored ADR (C-US, DB-US, WFC-US, BAC-US, KEY-US, ... Read more (Read more...)
WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission said on Wednesday it named JPMorgan Chase (JPM.N) executive Brett Redfearn as director of the agency's division of trading and markets. ...
An announcement about the acquisition says that JPMorgan will use WePay to reduce payment friction for both software providers and merchants. JPMorgan notes that software-enabled payments are currently growing at four times the industry average. It hopes that acquiring WePay will allow it to help them overcome these issues.
The problem for Bank of America Corp. (NYSE:BAC) is that it — along with many of its money center rivals — has become anything but boring. On the contrary, it actually means that Bank of America is a great bank. Like Citigroup Inc (NYSE:C), JPMorgan Chase & Co. (NYSE:JPM) and its other big bank rivals, Bank of America has made a pretty penny over the years from trading revenues.
JPMorgan Chase & Co. has agreed to buy fintech startup WePay Inc. so that it can offer its technology to its 4 million small-business customers. The companies declined to disclose the price on the deal but the Wall Street Journal cited an unnamed source who said the bank is paying more than what the startup was last valued at. WePay has raised about $74 million since it was co-founded in Boston in 2008 by CEO Bill Clerico.