JP Morgan rolls out first US bank-backed cryptocurrency to transform payments business
Engineers at the lender have created the "JPM Coin," a digital token that will be used to instantly settle transactions in its wholesale payments business.
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Engineers at the lender have created the "JPM Coin," a digital token that will be used to instantly settle transactions in its wholesale payments business.
Royal Bank of Scotland reported a net income of £1.62 billion ($2.07 billion) for 2018 on Friday.
Credit Suisse swung back to profit for the first time since 2014 after it reported a full-year net profit of 2.1 billion swiss francs for 2018.
Recent outperformance has been driven by investments in ADP, Lowe's, Starbucks and Chipotle, according to the activist investor.
The thousands of cryptocurrencies that have popped up in the past few years will eventually be worthless, according to the CEO and founder of Digital Currency Group.
Some of the best investments that Silicon Valley has been chasing after can be found on just one stock: Softbank, hedge funder Glen Kacher told CNBC on Wednesday.
Dutch bank ABN Amro on Wednesday missed analysts' expectations with a 42 percent fall in fourth-quarter net profit as loan impairments increased.
Charles Schwab and Fidelity say they are doubling the number of ETFs available for free trades, including iShares funds.
European banks are finding it hard to recruit the right people due to new regulations and intense competition from some of their U.S. peers, industry insiders have told CNBC.
Moynihan is the latest bank CEO to disclose a pay raise for 2018. Bank of America benefited last year from the corporate tax cut, rising interest rates and Moynihan's efforts to cut costs.
A weekly recap of the most interesting venture capital deals, funds and start-ups.
Companies often spend a lot of money on cultivating their technology, but a study suggests nearly 70 percent of what is spent may be misdirected.
"I've always said family first, country second, JPMorgan literally last," Jamie Dimon tells CNBC.
President-elect Donald Trump touted holiday spending and a strong stock market in a tweet on Monday evening.
Experts reveal how to answer one of an employer's most commonly asked questions.
According to one investor, London has a 30 percent chance of hosting the Saudi Aramco IPO, but New York is more likely.
Larry Fink has taken BlackRock from eight executives in a single room in 1988 to running more than $5 trillion in clients' money, more than any asset manager on Earth — even more than Vanguard.
Tudor’s BVI Global Macro fund lost 1.2 percent year-to-date through June 2 compared to the S&P 500’s 9 percent return in that time period.
Citi Research believes expensive valuations and monetary policy tightening are "causes for concern."
HSBC, Europe's largest bank by assets, posted another fall in pre-tax profit on Monday as the bank continues the second phase of its turnaround plan.
Billionaire investor Warren Buffett says he sees "no unique value" in the world's largest cryptocurrency.
Jefferies upgrades Citigroup's stock to buy from hold, saying the bank is headed toward revenue growth this year, as well as added benefits from growth in Citi's Latin America business.
Fidelity's operating income rose 19 percent last year, while revenue increased 12 percent to a record $20.4 billion.