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JPM Coin is a dollar-backed cryptocurrency from the bank JP Morgan Chase, announced in February 2019 as an institution-to-institution service. [1] [2] [3]JPM Coin is intended to serve as a value token on the Quorum consortium blockchain, using software (called "Quorum") also built by JPMorgan Chase, and is used to facilitate interbank payments on the Interbank Information Network (IIN).
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When JPMorgan Chase merged with Bank One in July 2004, Dimon became president and chief operating officer of the combined company. On December 31, 2005, he was named CEO of JPMorgan Chase, and on December 31, 2006, he was named chairman and president. [21] In March 2008, he was a Class A board member of the Federal Reserve Bank of New York ...
A former JPMorgan Chase & Co <JPM.N> foreign exchange trader was sentenced on Thursday to eight months in prison, following his Nov. 2019 conviction for conspiring with traders at other banks to ...
Web notes are a type of United States currency named after the "web printing production" method of printing on continuous rolls of paper. There are several types of web printing production methods, including offset, gravure (intaglio), flexography, etc. However high-pressure web intaglio printing, front, and back of the intaglio process was a ...
Shares of JPMorgan Chase (NYSE: JPM) and Bank of America (NYSE: BAC), the two largest banks in the country, traded roughly 4.2% and nearly 5% higher, respectively.
The CFTC specifically fined: $310 million each for Citibank and JPMorgan, $290 million each for RBS and UBS, and $275 million for HSBC. [27] The CFTC found that currency traders at the five banks coordinated their trading with traders at other banks in order to manipulate the foreign exchange benchmark rates, including the 16:00 WM/Reuters rates.
The JP Morgan Nasdaq Equity Premium Income ETF is an actively managed ETF that invests in the stocks of the Nasdaq-100 index. That index is made up of the 100 largest stocks that trade on the ...