Jamie Dimon

JPMorgan reportedly getting into bitcoin futures trading even though Dimon believes it is a fraud

Despite JPMorgan Chase CEO Jamie Dimon's outspoken criticism on the viability of bitcoin as an investment, the bank is looking at allowing its …

JP Morgan Chase

Is Washington ready for bitcoin?

Who in Washington understands bitcoin? Or, more broadly, cryptocurrency? Everyone in Washington is talking about Charlie Rose, Sen. Al Franken (D-Minn), Roy Moore and the like, but I am wondering if something big is happening. Is there a wave of new “money” sweeping the globe that Washington is too …

Opinion

The House Tax Plan Is Conveniently Full of “Drafting Glitches” That Benefit the Rich

There’s no way Republican lawmakers would have done this on purpose, right?<p>Unless your media diet consists solely of First Daughter-in-Law <b>Lara Trump’s</b> “Real News,” you know that the proposed Republican tax plans are not, in the words of <b>Donald Trump,</b> “so bad for rich people.” In fact, both the House …

Dara Khosrowshahi

City watchdog fines former Bank of America Merrill Lynch bond trader more than £60,000

A former Bank of America Merrill Lynch bond trader has been dumped with a £60,090 fine from the UK's financial watchdog for engaging in market …

Merrill Lynch

News Highlights: Top Financial Services News of the Day

Citibank Agrees to $6.5 Million Settlement Over Student Loans<p>Citibank agreed to pay $6.5 million to settle accusations by the Consumer Financial Protection Bureau that it harmed people whose student loans it serviced, including by giving misinformation about a tax deduction.<p>FDIC: U.S. Banks Have …

Consumer Financial Protection Bureau

JPMorgan Weighs Offering CME Bitcoin Futures to Clients

JPMorgan Chase & Co. is weighing whether to help clients bet on the price of bitcoin via the CME Group Inc.’s proposed futures contracts, according …

JPMorgan Chase & Co

Wall Street strategist Tom Lee raises bitcoin forecast, now predicts 40% rise

After turning cautious on bitcoin earlier this month, Fundstrat's Tom Lee told clients Wednesday to jump back into the digital currency.<p>"A few weeks …

Markets

Uber Hacks and Bitcoin Futures

Also universal index funds and Long Island municipal bonds.<p><b>Oh, Uber.</b><p>If you are a big consumer-facing company and you store data on an external server, and someone breaks into that server and accesses personal information about millions of your customers, then that is usually called "hacking," and …

Bitcoin

Bitcoin's Growing on Jamie Dimon - Bloomberg Gadfly

Six weeks can be a long time in the world of bitcoin.<p>Last month, JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon staked out a position for …

Business

JPMorgan hired ex-cons, gave them access to customer data: watchdog

JPMorgan Chase hired ex-cons into jobs that could access clients’ bank-account information as it failed to properly screen thousands of employees for …

Business

WSJ City: What to Watch in the U.K. Budget, Akzo and Axalta End Talks, Uber Reveals Data Breach and Cover-up

Good morning from the WSJ City desks in London. Be the first with high-value stories. Download WSJ City on your mobile and let us keep you in the loop from 6am. The WSJ City app. Upwardly mobile. iPhone and Android. Your friends and colleagues can sign up to this newsletter here.<p>MUST READS FROM WSJ …

Business

JPMorgan mulls helping clients to trade bitcoin

Jamie Dimon said in September that he would fire any JPMorgan employee found trading the cryprocurrency<p>JPMorgan is considering whether to give its …

Cryptocurrency

UBS Boosts China Bet With Mainland's First Foreign Stock Fund

The Swiss banking giant UBS AG (UBS) has a two-decade history of firsts in China, from obtaining a license in 2003 that allowed foreign investors …

Banking

News Highlights: Top Company News of the Day

Meg Whitman to Step Down as Hewlett Packard Enterprise CEO<p>Meg Whitman will step down as chief executive of Hewlett Packard Enterprise early next year, the company said Tuesday.<p>CBS, PBS Sever Ties With Charlie Rose<p>CBS fired veteran broadcast journalist Charlie Rose after reports of allegations of …

AkzoNobel

JP Morgan Chase Makes Surprising Announcement, May Add Bitcoin Futures

According to reports in the Wall Street Journal, JP Morgan Chase is considering providing access to the Chicago Mercantile Exchange’s (CME) Bitcoin …

Markets

Is now a good time to invest in Bitcoin? Value set to surge 70 percent in 2018

Bitcoin — the confusing and sexy currency you wish you’d invested in years ago.<p>It was laughed off by industry experts, with JPMorgan Chase CEO Jamie …

Cryptocurrency

Novogratz: Bitcoin is 'digital gold' and will end the year at $10,000

Even after a huge move already this year, investing magnate Mike Novogratz sees cryptocurrencies making another leg up before 2017 comes to a …

Cryptocurrency

Will JPMorgan let customers trade bitcoin futures?

Jamie Dimon earlier this year called bitcoin a fraud and threatened to fire any JPMorgan (NYSE:JPM) employee trading it.<p>Bitcoin futures, however, may …

Business

High-Speed Traders In Search of New Markets Jump Into Bitcoin

Electronic-trading firms that have already transformed markets from stocks to foreign exchange to futures are diving into bitcoin and other …

Trading

Finance chiefs say bitcoin is 'real' but many think it's in a bubble right now

Bitcoin is a "real" asset but it's currently in a bubble, according to a CNBC survey of global finance bosses, with many calling it a …

Cryptocurrency

Bitcoin and Blockchain Aren’t Investible Yet, Canada Pension Says

Mark Machin, the head of Canada Pension Plan Investment Board, said he doesn’t think the bitcoin and blockchain space is “investible” yet, but the …

Bitcoin

Are Banks Starting to Take Crypto Seriously?

Until recently, Bitcoin and cryptocurrencies in general were largely regarded as a fringe anarcho-capitalist movement or one giant get-rich-quick …

Bitcoin

JPMorgan might be getting into bitcoin even though Jamie Dimon hates it

• <b>JPMorgan is considering whether or not to help clients tap into a potential market for bitcoin futures, according to The Wall Street Journal.</b>• <b><br>CEO</b> …

Investing

The Rise and Rise of Bitcoin

Shutterstock photo<p>Bitcoin remains the talk of the town, as the cryptocurrency marched to a fresh high on Monday, charging above $8200. This latest …

Economy

Video: Here's How Amazon Alexa and Smart Speakers Can Boost the Radio Industry

Radio and audio are emerging as go-to content destinations among consumers.<p>That trend is only expected to grow with the rise of smart speakers like …

Investing

Bitcoin busts new barrier to bounce beyond $8,000

Cryptocurrency Bitcoin has soared above $8,000 for the first time, and is now trading higher than $8,200.<p>The rise marks a rapid recovery for the …

Cryptocurrency

C.E.O. Deficit Fears Dissolve With the Prospect of Corporate Tax Cuts

In mid-October 2012, Jamie Dimon, chief executive of JPMorgan Chase, hosted a luncheon on the 49th floor of the firm’s Park Avenue headquarters. The guest list was a boldface roll call of corporate executives and policymakers: Lloyd C. Blankfein of Goldman Sachs, David M. Cote of Honeywell, the …

Business

According to BNP Paribas, Absence of Central Bank will Limit Bitcoin's Future

Bitcoin has been attacked for various reasons in the past - usage in crime, speculative bubble, etc. BNP Paribas has joined the chorus, saying that …

Bitcoin

23yr Old Russian Creator of #2 Crypto-Currency Mulls Limiting Supply

<b>While the ICO craze has got out of control in 2017, the two leading cryptocurrencies – Bitcoin and Ethereum – have gone from strength to strength.</b> …

Bitcoin

Can anything stop bitcoin? Price above $8,000

Forget about boring stocks. Bitcoin is where it's at these days for investors.<p>The virtual currency is now trading at a record high above $8,200 -- just a little more than a month after bitcoin first passed the $5,000 level. If this keeps up, bitcoin could be trading at $10,000 before the end of the …

Business