JPMorgan Chase has withdrawn almost $350bn in cash from its account at the Federal Reserve since 2023 and ploughed much of it into US government debt, as the bank tries to defend itself against rate ...

The bank’s asset-management division, which handles $4 trillion, will start the fund with $100 million of its own money and ...

The bank is seeding the money-market fund with $100 million of its own capital before opening it to outside investors.

JPMorgan Chase has withdrawn almost $350bn in cash from its account at the Federal Reserve since 2023. And the bank has ...

JPMorgan Chase's (JPM) private equity arm said Tuesday it has raised $1.44B for its 12th flagship fund, surpassing its $1.25B ...

The firm has committed nearly 22% of the new pool across core strategies backing fund managers and co-investments.

The new private fund will run on the Ethereum blockchain and be available to qualified investors.

Speaking at the Goldman Sachs Financial Services Conference, Marianne Lake, CEO of Consumer and Community Banking at JPMorgan Chase, told investors that the bank anticipates expenses will rise to ...

JPMorgan Chase & Co.’s asset management arm is launching its first ever tokenized money market fund built on Ethereum, ...

The $4 trillion U.S. bank is the latest financial giant in rolling out tokenized MMF onchain, joining BlackRock, Franklin ...

PepsiCo's decision to play nice with Elliott is commendable, and getting away from its low-growth brands is a wise move.