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“# Pro traders are mildly skeptical about Bitcoin’s recent return to $50K ” The price of Bitcoin (BTC) is back at the $50,000 level, and there’s little doubt that the 47% positive rally over the past 30 days has been fueled by whale accumulation, institutional adoption and positive remarks from regulators regarding a possible exchange-traded…
“# JPMorgan Chase reportedly shuts down bank accounts of Bitcoin mining firm ” American banking giant JPMorgan Chase has reportedly blocked all account activities of Compass Mining, a Bitcoin (BTC) mining company based out of Delaware. The information came to light when Compass Mining CEO Whit Gibbs announced: “Shoutout to Chase for shutting down Compass…
“#A-Rod, angry over losing the Mets, dribbles past JPMorgan” Alex Rodriguez is no longer turning to JPMorgan for his sports acquisitions — despite insisting that he was not angry with the Jamie Dimon-led bank after his deal to buy the New York Mets blew up last year. As The Post reported last year, A-Rod was…
“#JPMorgan reinstates indoor mask mandate as Delta variant spreads” JPMorgan said it once again will require all employees, vaccinated or not, to wear masks at its offices nationwide as the spread of the Delta variant upends companies’ plans to return to normal routines. The strict order was sent to all US employees in a Friday…
“# JPMorgan now offers clients access to six crypto funds … but only if they ask ” JPMorgan Chase quietly opened up access to six crypto funds over the past three weeks as it looks to offer crypto exposure to a variety of clients. In the latest move, the bank’s private clients will now have…
“#De Blasio’s vaccination orders leave NYC businesses more confused than ever” Mayor Bill De Blasio ordered tough new vaccination rules for restaurants, gyms and other indoor venues this week, but he failed to address mounting uncertainty over rules governing the workplace — and companies are more confused than ever. Big Apple employers — foremost among…
“#Morgan Stanley hikes starting pay for junior bankers to $100K” Morgan Stanley said it will start paying six-figure base salaries to its entry-level bankers as a rush of post-pandemic deals and short staffing have spurred crushing workloads. The Wall Street behemoth announced the $15,000 raise on Wednesday: First year analysts in investment banking and capital…
“#Indoor mask mandates would choke big banks coming back to NYC” It was supposed to be the summer when things returned to at least “kinda normal” here in the Big Apple. Lots of us have received the vaccine, and Wall Street’s biggest firms (JPMorgan, Morgan Stanley, Citigroup, Bank of America and Goldman Sachs) have been…
“# JPMorgan will reportedly give retail wealth clients access to crypto funds ” Major U.S. investment bank JPMorgan is reportedly allowing advisors to execute crypto trades for more of its clients. According to a Thursday report from Business Insider, retail wealth clients at JPMorgan now have access to cryptocurrency funds. A person directly familiar with…
“#JPMorgan gives Jamie Dimon $50M to remain CEO for five years” Jamie Dimon has been at the helm of JPMorgan Chase since before the financial crisis — and the board doesn’t want him going anywhere. As a “special award” on Wednesday, the JPMorgan Chase board granted the billionaire CEO a trove of new stock options…