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JPMorgan takes on fintech start-ups

Girls with popcorn

JPMorgan is the latest bank to take on financial technology startups, starting a new program to foster these companies in-house as they try to find ways to operate faster, with more security at a lower cost.

UniCredit hires new CEO

For hire hiring

UniCredit has appointed French investment banker Jean-Pierre Mustier as its chief executive on Thursday, a choice that is likely to lead to a multi-billion euro capital increase and asset sales to boost the bank's financial strength.