April 18, 2024
Mortgage

Mortgage volumes remain under pressure at Wells Fargo, JPMorgan

Wells Fargo and JPMorgan Chase usually open the quarterly earnings seasons in the mortgage space, giving analysts something to chew on before nonbanks release their financial reports. In the first quarter of 2024, the big banks showed a challenging reality for originations.   The banks’ Q1 2024 earnings, released on Friday, showed declining home loan volumes compared to the prior quarter

Read More
Crypto

Bitcoin, After 18 Months Of Knockdowns, Enters 2024 Championship Round

symbol. Internet cryptocurrency state concept. getty If cryptocurrency were a sport, it would be boxing. “And we’re in the championship rounds,” says Asad Saddique, CTO of Cryptonary, a media and research platform for 195,397 traders and investors established in 2017. On October 1, 1981, Larry Holmes said, “Anything can happen in a fight between heavyweights.”

Read More
Crypto

Jamie Dimon: BlackRock Names JP Morgan In Bitcoin ETF Amendment Despite Jamie Dimon’s Criticism Of Cryptocurrency

Updated Dec 30, 2023, 03:56 AM IST BlackRock, in a shocking move, filed its fifth amendment to its spot Bitcoin ETF application with the SEC naming JPMorgan Chase and Jane Street as authorized participants. The asset manager’s decision comes weeks after JPMorgan CEO Jamie Dimon criticized Bitcoin and cryptocurrency calling it “gold without a government”

Read More