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#jpmorgan

Banking

Bank of America names new crypto and AI leaders

Bank of America named Sonali Theisen and Kevin Milsom to run digital-assets and AI work in markets, formalizing both as bank infrastructure.

By Naomi Voss
Crypto

Stablecoin distribution matters more than Circle's charter

Stablecoin distribution is becoming the real battleground as Circle, banks and fintechs compete to own custody, wallets and merchant rails.

By Sloane Carrington
Crypto

Fidelity stablecoin reserve fund targets GENIUS issuers

Fidelity's stablecoin reserve fund carries a $1 million minimum and 0.25 per cent fee, showing GENIUS reserves are becoming a Wall Street cash business.

By Caleb Mwangi
Crypto

Strategy STRC falls to $89, testing its bitcoin funding model

Strategy STRC closed at $89, lifting its effective yield and signaling investors want more reserve cushion behind Strategy's bitcoin funding model.

By Sloane Carrington
Banking

Banks are hiring chief AI officers before the job settles

Chief AI officer roles at banks are spreading fast, but $3.5 million pay packages and fuzzy mandates show the title is still experimental.

By Naomi Voss
Crypto

Bitcoin volatility hits 9-month low as ETF flows rotate

Bitcoin volatility has hit a nine-month low as ETF outflows, options selling and altcoin rotation reshape the BTC trade for June.

By Caleb Mwangi
Commodities

Renminbi oil trade 2026: Iran war reroutes Hormuz flows

Renminbi oil trade is getting a live stress test as the Iran war reroutes crude flows, lifts CIPS volumes and exposes the yuan's limits.

By Sloane Carrington
Banking

AI capex is spilling into Wall Street's credit plumbing

Hyperscaler debt is forcing banks to buy more CDS protection as AI borrowing stretches credit limits and redraws Wall Street's risk plumbing.

By Sloane Carrington
Markets

China’s national team cuts ETF stakes and tests the bid

China national team ETF stakes are being cut as Beijing pares visible market support and tests whether private and foreign flows can hold up.

By Sloane Carrington
Economy

RBI Weighs Rate Hike as Rupee Slides Toward 97 Per Dollar

The Reserve Bank of India is weighing an emergency interest rate increase alongside currency swaps and dollar-raising measures to arrest the rupee's slide after it hit a fresh low of almost 97 per dollar this week.

By Helena Brandt
Stocks

Samsung union deal averts chip strike as Kospi rallies 7.5%

Samsung Electronics reached an 11th-hour wage deal with its labour union late Wednesday, averting an 18-day strike that had already begun throttling chip output at the world's largest memory chipmaker. The Kospi surged 7.5% on the news.

By Avery Lin
Crypto

Kraken layoffs show the crypto IPO window is cooling

Kraken's 150 job cuts and a drift toward a 2027 flotation suggest public investors still want steadier exchange revenue, not another bull-market growth story.

By Sloane Carrington
Banking

Private credit BDC discounts signal deepest stress since Covid

Private credit BDC discounts have hit their widest levels since Covid, giving retail investors a tougher read on valuation and liquidity risk than loan marks.

By Naomi Voss
Commodities

Strait of Hormuz oil disruption: Stockpile squeeze deepens

Strait of Hormuz oil disruption: UBS, JPMorgan and the IEA warn stockpiles could hit record lows if the closure persists, shifting risk from prices to scarcity.

By Reza Najjar
Stocks

Samsung shares slide as union sticks to strike, chip output slows

Samsung shares fell after its main South Korean union held to an 18-day strike plan and management prepared for lower chip output ahead of May 21.

By Avery Lin
Stocks

Samsung (005930.KS) winds down chip output before 18-day strike

Samsung has started winding down chip production ahead of a planned 18-day strike, sharpening concerns over AI-memory supply, margins and the shares.

By Avery Lin
Deals

Blackstone, CD&R study Magnum bid after post-spin shares slip

Blackstone and CD&R are studying Magnum after its shares slid back toward their debut level, turning a weak post-spin trade into a live test of buyout appetite.

By Naomi Voss
Crypto

Bitwise ranks BNY Mellon, JPMorgan as banks with broadest crypto exposure

Bitwise Asset Management published a ranking of traditional banks with the deepest cryptocurrency exposure on Friday, placing BNY Mellon and JPMorgan Chase at the top. The screen assesses banks across trading, payments, ETF servicing and tokenisation.

By Caleb Mwangi
Crypto

JPMorgan says bitcoin overtaking gold as debasement trade after $1.69B weekly ETF inflow

JPMorgan analysts said bitcoin is gaining ground on gold as the preferred debasement trade, citing a sharp rotation in institutional capital flows that has accelerated since the Iran conflict began.

By Caleb Mwangi