Source link Geopolitical tensions and political polarization at home threaten “America’s global leadership role,” Jamie Dimon has warned The US is facing grave risks in the wake of rising global geopolitical tensions and the nation’s domestic political polarization, Jamie Dimon, JPMorgan Chase chief executive, has warned. In an annual shareholder letter on Monday the CEO […]
Source link Cryptocurrencies facilitate illegal activities such as money laundering, according to JPMorgan CEO Jamie Dimon, who has insisted that digital assets should be banned. Dimon once again attacked the top cryptocurrency this week, calling Bitcoin “worthless” and saying he still isn’t buying into the hype surrounding the crypto. “I’ve always said that Bitcoin doesn’t have value,” […]
Source link Only the top 1% of US consumers will have more money stocked up by next year than before the Covid-19 pandemic, the bank warns Most Americans have already drained the excess savings they made during the Covid-19 pandemic, Marko Kolanovic, a senior stock strategist at JPMorgan bank, said in a note this week. […]
Source link Digital assets facilitate illegal activities and should be banned, Jamie Dimon says Cryptocurrencies should be outlawed, JPMorgan CEO Jamie Dimon said at the US Senate Banking Committee’s annual Wall Street oversight hearing on Wednesday. According to Dimon, who has a long history of criticizing digital currencies, the “only true use case” for cryptocurrencies […]
Source link Rosselkhozbank filed a lawsuit against the US financial giant this week, court documents show The Russian Agricultural Bank, Rosselkhozbank, has filed a lawsuit against US financial services firm JPMorgan Chase in a Moscow court, according to an online Russian database of arbitration cases, local media reported on Wednesday. It shows that the lawsuit […]