Markets have lowered their bar for what trade talk developments they will cheer, a J.P. Morgan Asset Management global market strategist, Hannah Anderson, said Friday.
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JP Morgan rolls out first US bank-backed cryptocurrency to transform payments businessEngineers 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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Morgan Stanley, in Its Biggest Deal Since Crisis, Courts Future MillionairesMorgan Stanley is paying $900 million to acquire Solium, which manages the stock that corporate employees receive as part of their pay. The deal, the bank’s largest acquisition since the financial crisis, is set to be announced Monday.
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Tesla's electric vehicle dominance is about to have 'serious competition,' Morgan Stanley saysTesla has a dominant share of the electric vehicle market but Morgan Stanley's Adam Jonas said that control is 'unsustainable' and will soon be disrupted from electric vehicle maker Rivian.
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An 'earnings recession' has arrived, and the market's not ready for it, Morgan Stanley saysEarnings recession has finally arrived, but investors are still too optimistic, according to Morgan Stanley.
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