A branch of First Republic Bank in Midtown Manhattan, New York, USA. Reuters Yonhap News The Wall Street Journal (WSJ) reported on the 28th (local time) that large US banks such as JP Morgan and PNC Financial Services Group have jumped into a bid to take over First Republic Bank, which is on the verge … Read more
Jakarta – Startup founder Frank, Charlie Javice was arrested on Monday (3/4) night. He was indicted by the United States Securities and Exchange Commission (SEC) for allegedly defrauding JPMorgan Chase in the acquisition of the company worth US$ 175 million or around Rp. 2.6 trillion (exchange rate of Rp. 14,908). The SEC said Javice led … Read more
The banking system in free fall Regulators and politicians around the world are trying to allay fears of a new banking crisis. But the bankruptcy of Silicon Valley Bank and the emergency merger of UBS and Credit Suisse were not the end. Even after the experiences of 2008, it was not possible to regulate the … Read more
NEW YORK The leading index Dow Jones Industrial shook off initial losses and recently rose by 0.21 percent to 31,940.38 points. The other indices presented themselves even stronger: The market-wide S&P 500 rose by 0.70 percent to 3919.10 points and the technology-heavy Nasdaq 100 by 1.31 percent to 12,411.57 points. Shortly before the start of … Read more
Jakarta – JP Morgan Chase (JPMC) is suing fintech startup founders Frank, Charlie Javice and also Oliver Amar, on charges of falsifying user data. He did this not long after acquiring the startup. Frank is a startup that provides services in the form of educational loans to students in the United States. JPMC acquired Frank … Read more
Jakarta – Top financial company from the United States, JP Morgan Chase (JPMC) admits to being deceived, after acquiring a fintech startup named Frank. JPMC claims that Frank, Charlie Javice and Oliver Amar have falsified user data startup. Frank on charges of falsifying user numbers. Frank itself is a startup that provides services in the … Read more
Jakarta – JP Morgan Chase’s move to acquire a fintech startup called Frank end up being a problem. After acquiring Frank with a dowry of US$ 175 million or around Rp. 2.6 trillion (in an exchange rate of Rp. 15,250), JP Morgan, which incidentally is a top financial institution, actually admitted to being deceived. Frank, … Read more
After the end of the “cryptocurrency winter”… What are the most important predictions for Bitcoin in 2023? Cryptocurrencies have shown violent fluctuations throughout the year 2022, amidst storms from the Federal Reserve and high interest rates, and the fall of major companies in the cryptocurrency market, so much so that experts have dubbed the past … Read more
Frankfurt am Main skyline Frankfurt was particularly affected by the crown pandemic: jobs were cut at both Frankfurt Airport and at the Frankfurt Messe. (Photo: imago images / Jan Eifert) From his workplace at the Old Stock Exchange, Ulrich Caspar looks directly at the forecourt with the bull and bear sculptures. The trade hall of … Read more
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., said Thursday that the US and the global economy could fall into a recession by the middle of next year. (Reuters / Evelyn Hockstein / File Photo) September 22, 2022 [１０日 ロイター] – JPMorgan Chase & Co. chief executive Jamie Dimon said Thursday that the … Read more