Tag: JPMorgan Chase & Co.

After the March freak-out, when even selling a Treasury was tough, a shaky equilibrium prevails.

To trend-spotting hedgie, the cryptocurrency is ‘the fastest horse,’ so he buys its futures.

Despite a chorus of skepticism, the bank lays out how the market may have stabilized—with caveats, of course.

Large money managers including J.P. Morgan, Fidelity, and Allianz have lost their relationships with the biggest US pension plan as part of a massive restructuring of CalPERS’s equity program.

Often cited as a climate offender, the bank has capped lending to coal mining and Arctic drilling projects.

Normally, their profit potential would go straight into the garbage. But not now.

So says JP Morgan’s trading honcho, Marko Kolanovic, who thinks more than half the moves were due to algos.

Plagued by scandals, big bank Wells Fargo is having a tough time finding a new chief executive.