Banking

Blockchain

JPMorgan Launches Tokenized Money-Market Fund

Photo via Jimin Kim/ZUMAPRESS/Newscom

Innovative as the tokenized funds may be for JPMorgan, the bank is actually chasing an existing trend on Wall Street.

2 min read

Photo via Stebo/ZUMAPRESS/Newscom

Banking

Leave the Swiss Alps for the US? That’s a Mountain Too High, UBS CEO says

These days, relations between the Swiss government and UBS are as cold as the La Brévine valley in December.

2 min read
Photo via Kobe Li/Nexpher Images/Sipa USA/Newscom

Banking

Goldman May Feast on Biggest Piece of M&A Pie in Nearly a Quarter Century

Goldman Sachs’ share price, up 35% so far year-to-date, set a record high closing price of $838.97 last week.

2 min read
Photo via Richard B. Levine/Newscom

Banking

Morgan Stanley Jumps on Private Market Research Bandwagon

There are more than 1,500 active unicorns that have raised roughly $1 trillion in venture capital funding, according to PitchBook data.

1 min read

Banking

Investor Summit Gives Bank of America a Chance to Soothe Angsty Investors

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Compared its peers, BofA has lagged in expanding into less traditional activities such as wealth management, credit cards and loan growth.

2 min read

Banking

JPMorgan Pledges $10 Billion Investment in US National Security

Photo via Tschaen Eric/ZUMAPRESS/Newscom

In July, JPMorgan joined with Goldman Sachs to lend $1 billion to MP Materials, the largest rare earth producer in the US.

2 min read

Blockchain

Stablecoins Are Here to Stay. Who Stands to Gain From Them?

Photo illustration by Connor Lin / The Daily Upside, Photos by Hammad Khan via iStock and Chris Kleponis/ZUMAPRESS/Newscom

Companies that have been waiting on the crypto sidelines are likely about to jump in the game following the passage of the GENIUS Act.

4 min read

Photo via Thomas Fuller/ZUMAPRESS/Newscom

Blockchain

Goldman Sachs, BNY Bring $7 Trillion Money Market to Blockchain

The announcement comes just days after President Trump signed a law that introduces US-regulated stablecoins.

2 min read
Photo via imageBROKER/rafapress/Newscom

Banking

Goldman’s ‘Midas Touch’ During Turbulent Quarter Delivers Record Trading Results

Goldman’s top line metrics — profit up 22% to $3.7 billion and total revenues up 15% to $14.6 billion — also bested analysts’ expectations.

2 min read
Photo by hapabapa via iStock

Finance

Markets Give a ‘Meh’ To Upbeat Wall Street Earnings

The consensus takeaway from the earnings season so far is that the economy is, in spite of everything, doing pretty good.

3 min read

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