JPMorgan
Coverage of JPMorgan in the Nexus archive.
- JPMorgan’s Faller Turns Selective as European Stocks Get Pricier
According to Madison Faller of JPMorgan Private Bank, investors should exercise more selectivity regarding European stocks. This advice is given because improving corporate earnings are increasingly reflected in current valuations.
- The CEO of KB Home has a plan to tempt first-time buyers into the market at last
KB Home CEO Rob McGibney outlined plans to address market challenges, including high borrowing costs and weak consumer confidence. His strategies involve promoting built-to-order homes and encouraging first-time buyers by allowing personalization, recognizing that younger generations value customization.
- JPMorgan cut Polymarket’s banking ties in October but still wants a role in a potential IPO: FT
JPMorgan severed its banking ties with Polymarket in October. Despite this professional separation, JPMorgan intends to maintain an interest by pursuing a role within Polymarket's potential Initial Public Offering.
- JPMorgan shuttered its banking relationship with predictions platform Polymarket: FT
JPMorgan ended its banking relationship with predictions platform Polymarket. The news of this development was reported by Financial Times (FT).
- JPMorgan debanked Polymarket over regulatory concerns
JPMorgan debanked Polymarket over regulatory concerns. However, the largest US bank has continued to cultivate ties with the prediction platform as it seeks a $20bn valuation.
- Wall Street banks' newest investment focus: American economic security
Major Wall Street banks including Bank of America, JPMorgan, and Morgan Stanley have announced massive investments, committing trillions of dollars to boost American economic security. These initiatives focus heavily on critical infrastructure, such as digital, energy, and transportation sectors, with significant attention paid to the demands of AI buildout and manufacturing capabilities.
- A pain point in my Wall Street schedule inspired me to leave Citadel to found a laundry startup
Maria Cabral Menezes founded WashWise after noticing that traders on Wall Street faced issues with smelly gym bags and rewearable clothes. The company, described as a 'dry shampoo for clothes,' refreshes items between washes, and it successfully raised $1.2 million in pre-seed funding. Backers include executives associated with JPMorgan, Soho House, and SoulCycle.
- Wall Street’s biggest bank just raised its expectations for the stock market
JPMorgan raised its year-end price target for the S&P 500. The bank lifted the projection from 7,800 to a new target of 8,000.
- JPMorgan CEO Jamie Dimon says the AI spending boom is likely to pay off
JPMorgan CEO Jamie Dimon stated that AI spending in the US is likely to pay off, noting that data center construction has boosted U.S. GDP and created demand for materials. He expressed optimism about continuous economic growth driven by AI infrastructure investments. Despite acknowledging potential concerns regarding resource rationality or a cooling market, Dimon believes the need for frontier models and inferencing is dramatically increasing.
- JPMorgan's Jamie Dimon warns of high leverage: 'Somebody will disrupt the market'
JPMorgan Chief Executive Officer Jamie Dimon warned that leverage across financial markets remains elevated. He advised investors to be mindful that hidden borrowing could significantly amplify potential market disruptions.
- Nominations for Business Insider's Rising Stars of Wall Street list are now open
Business Insider is accepting nominations for its Rising Stars of Wall Street list until September 9th, seeking young professionals under 35 in investment banking, investing, and sales and trading. Past participants have included individuals from Blackstone, Citadel, JPMorgan, and Goldman Sachs.
- BlackRock brings tokenized money market funds to Europe via JPMorgan
BlackRock and JPMorgan are collaborating to tokenize money market fund shares in Europe using JPMorgan's Kinexys platform. The tokenization will cover shares denominated in pounds, euros, and US dollars.
- Oil plunges after US signals progress on Hormuz deal
Brent crude prices dropped after the US indicated progress on reopening the Strait of Hormuz, but analysts suggest retail fuel prices may not immediately decline due to refinery capacity and regional energy disruptions. President Trump criticized oil companies for not lowering gas prices despite their high earnings, while JPMorgan predicted potential future price increases if Hormuz issues persist.
- Wells Fargo joins JPMorgan and Citi in the race to tokenize Wall Street’s settlement rails
Wells Fargo has joined JPMorgan and Citi in efforts to tokenize Wall Street's settlement rails. The move involves modernizing financial settlement systems using tokenization technology.
- Dinari launches tokenized S&P 500 stocks for US self-custody wallets using USDC
Dinari has launched tokenized S&P 500 stocks for US self-custody wallets using USDC. Tokenizing equities has attracted interest from crypto natives and financial firms like JPMorgan and Goldman Sachs.
- ‘We’ve lost our way’: Jamie Dimon hails SF turnaround, rails against wealth tax
Jamie Dimon discussed San Francisco's economic turnaround, criticized a wealth tax, and mentioned his post-JPMorgan plans during an interview with The Standard. He addressed topics including the AI boom and affordable housing challenges.
- JPMorgan commits $200 million to SF housing project, deepening its bet on the city
JPMorgan has committed $200 million to the Potrero Power Station housing project in San Francisco, aiming to support affordable housing initiatives. The investment is part of the bank's broader strategic focus on affordable housing.
- JPMorgan says Warsh failure to buttress Fed credibility may force a rate hike before year-end
JPMorgan’s U.S. economics team criticized Fed Chair Kevin Warsh’s post-decision press conference as the most troubling since 2012, citing concerns over Fed credibility. The bank has moved forward its prediction for a rate increase due to these concerns.
- HashKey receives JPMorgan approval to open client money account
HashKey Exchange received approval to open client money accounts with JPMorgan, following its recent launch of customer fund accounts with DBS Bank.
- Fed Chair Kevin Warsh talks a big game, but this market indicator will tell you if Wall Street trusts him after he caused a ‘credibility shock’
Federal Reserve Chairman Kevin Warsh's failure to signal commitment to fighting inflation has caused a 'credibility shock,' with market reactions like the bond yield curve indicating skepticism. Economists suggest a potential September rate hike to restore trust, as Warsh's ambiguous statements on inflation tools and forward guidance rattled markets.
- JPMorgan walks into another football firestorm
JPMorgan is involved in another football-related controversy linked to the Super League. The bank is playing a key role in FIFA's plans to raise billions.
- JPMorgan says crypto bill’s fading odds hurt outlook, warns parts could discourage institutional adoption
JPMorgan analysts stated that declining chances of the Clarity Act passing the Senate before year-end are harming crypto markets and could deter institutional adoption. The fading odds of the bill's passage are viewed as a setback for the sector's outlook.
- One of the market’s ‘most durable growth’ sectors has been passed over for AI, says JPMorgan
JPMorgan highlights a sector with 'most durable growth' that has been overlooked for AI, identifying Eli Lilly, AbbVie, and Danaher Corporation as top stock picks in the sector.
- JPMorgan, Schwab, and UBS were managing hundreds of millions in Trump's portfolio
JPMorgan, Schwab, and UBS managed hundreds of millions in Trump's portfolio, according to a CNBC analysis linking four firms to at least four of his eight numbered investment accounts.
- Inside the financial network managing Trump's $858 million investment portfolio
JPMorgan, Schwab, UBS and Stephens Inc. are among the firms managing Donald Trump's investment portfolio, which includes accounts worth at least $858 million, according to a CNBC analysis.
- JPMorgan 'sex slave' banker claims drunk, naked boss tried to recruit his friend for a threesome in bombshell new lawsuit
A JPMorgan banker filed a lawsuit alleging his drunk, naked boss attempted to recruit his friend for a threesome, using the term 'sex slave' in the claim. The case is described as a bombshell in the article.
- Ex-JPMorgan banker Chirayu Rana files new lawsuit — and it’s totally different from his ‘sex slave’ claims
Chirayu Rana, a former JPMorgan banker, has filed a new federal lawsuit alleging racism at the bank, shifting focus from his previous claims of being a 'sex slave.'
- Bank-run blockchains are back in style—but history suggests they will be a bust
Legacy financial institutions are promoting permissioned blockchain projects, such as DTCC's Hyperledger Besu and London Stock Exchange's Azure-based system, but critics argue these centralized systems lack the decentralization and innovation of networks like Ethereum. The article compares this trend to the 2016 'blockchain not Bitcoin' movement, which failed as decentralized alternatives thrived.
- JPMorgan’s AI leadership is getting a reset. These are the key players.
JPMorgan's AI leadership has undergone a reshuffle following the retirement of Teresa Heitsenrether, with Lori Beer, Scot Baldry, and Manoj Sindhwani now directing the bank's AI strategy. The restructuring aligns the chief data and analytics office with Global Technology to focus on business-driven AI initiatives.
- South Korea’s KB Kookmin Bank to launch cross-border payment service on JPMorgan’s Kinexys: report
South Korea’s KB Kookmin Bank plans to launch a blockchain-based cross-border corporate payments service next month using JPMorgan’s Kinexys platform. The service is reported by Yonhap.
- South Korea’s largest bank to launch payment service on JPMorgan’s Kinexys
South Korea’s largest lender will use JPMorgan’s blockchain platform to support US dollar cross-border payments for import and export businesses across 10 countries.
- Here’s what each additional month of Iran-conflict disruption means for oil prices
JPMorgan analysts noted that oil prices have remained restrained despite new hostilities in the Iran war, with China's role being a key factor in the market's response.
- Lawmakers grill Epstein’s former banker as potential witness is found dead overseas
Lawmakers questioned Jeffrey Epstein's former banker, Jes Staley, in a closed-door hearing amid frustrations over his credibility, while an international model scout linked to Epstein, Daniel Siad, was found dead in Paris as he faced investigation for alleged rape and human trafficking.
- Jes Staley tells House Oversight he spoke with JPMorgan CEO about Epstein's crimes
Jes Staley, a former JPMorgan executive, testified to the House Oversight Committee that he discussed Jeffrey Epstein's criminal exposure with JPMorgan CEO Jamie Dimon in 2006 and 2008. JPMorgan disputes Staley's claims, citing a UK tribunal finding him 'evasive and unreliable,' while House Democrats criticize Staley for being evasive and pledge to pursue further testimony under oath.
- Goldman Sachs Backs the Clarity Act, Splitting Wall Street Over Crypto Rules
Goldman Sachs CEO David Solomon supports the Clarity Act, a crypto market-structure bill, while opposing voices from JPMorgan and other banks highlight divisions over stablecoin yield provisions. The bill aims to create a level playing field for crypto markets but faces resistance from commercial banks concerned about deposit outflows and local lending impacts.
- House lawmakers grill former JPMorgan executive Jes Staley over Epstein ties
House lawmakers are questioning former JPMorgan executive Jes Staley regarding his connections to Jeffrey Epstein. The oversight chair accused Staley of advocating for Epstein and urging JPMorgan to maintain ties with him despite internal concerns.
- AI stocks are echoing a 1990s market split. JPMorgan warns the next few weeks are critical.
JPMorgan argues that the differing price actions between artificial-intelligence hyperscalers and chip/infrastructure stocks mirror a 1990s market split, warning that the next weeks are critical for the sector.
- Banks pay backhanded compliments to private credit
Banks are refinancing private-credit loans at lower costs, indirectly validating the underwriting practices of private credit firms despite prior criticisms. Deutsche Bank, JPMorgan, Morgan Stanley, Goldman Sachs, and Bank of Montreal are involved in notable deals, while private lenders like Blackstone and Blue Owl face redemptions amid investor concerns over AI-related risks in software company loans.
- BlackRock's M&A spree comes into clear view
BlackRock is raising $12 billion for a Texas data center occupied by Meta, marking its first major collaboration between GIP and HPS since acquiring them in 2024 and 2025. CEO Larry Fink highlighted accelerating integration of BlackRock, HPS, and GIP in deal origination, reducing reliance on banks like JPMorgan and Morgan Stanley. A conflict at Aston Martin involves opposing sides within BlackRock.
- Coinbase Executive Says Clarity Act Has ‘Tremendous Momentum’ in the Senate
Coinbase Vice Chair Ryan VanGrack stated the Clarity Act has 'tremendous momentum' in the Senate, emphasizing its role in establishing federal crypto regulations. The bill, which passed the House and advanced in the Senate Banking Committee, includes bipartisan support and recent consumer protection enhancements. President Trump recently endorsed the bill, highlighting its importance in competing with China.