This as-told-to essay is based on a conversation with Nick Rutherford, a recent University of Pennsylvania graduate, who interned at JPMorgan Private Bank and is starting at Unilever this fall. It has been edited for length and clarity. Business Insider has verified his offer letters. I didn’t have a career plan sketched out before joining
The US national debt is closing in on $35 trillion, triggering a warning to investors from analysts at JPMorgan Chase. According to new data from the Treasury, the total outstanding public debt amounts to $34.99 trillion – or $34,997,540,505,103 to be exact – as of July 25th. That’s up from $32.59 trillion just one year
Former President Donald Trump says one of Bitcoin’s biggest critics is warming up to the crypto industry. In a newly-released interview transcript from Bloomberg, Trump says JPMorgan Chase CEO Jamie Dimon’s notoriously negative views on crypto are evolving. “You ask Jamie Dimon, Jamie Dimon was, you know, very negative and now all of a sudden
America’s largest bank says the state of the cryptocurrency market may not be sustainable. This year has seen crypto net inflows of $12 billion thus far — a figure that could jump to $26 billion by year’s end assuming flows continue apace — a trend driven by demand for spot bitcoin exchange-traded funds (ETFs), JPMorgan
The US Government has seized $5.25 million in six bank accounts at JPMorgan Chase, alleging the funds are the proceeds of a sophisticated fraud scheme. A complaint filed by the US Justice Department says the funds were stolen from a workers union in Massachusetts that was tricked into wiring millions of dollars directly to scammers.
Digital assets have seen $12 billion of net inflows year-to-date, and if flows continue at the same pace the number could grow to $26 billion by the end of the year, JPMorgan (JPM) said in a research report on Wednesday. Spot bitcoin (BTC) exchange-traded funds (ETFs) have led the way, attracting $16 billion of net
This year more than 5 trillion digital ads will be shown globally. It’s a staggering number and a testament to the desire of companies from ad giants like Coca-Cola to the smallest Amazon marketplace seller to embrace digital advertising’s promise of getting to the right customer with the right offer at the right time. For
Investors are gathering at JPMorgan’s (JPM) Manhattan campus Monday to hear from CEO Jamie Dimon and his executive team, and they will be listening for answers to some key questions. Who might succeed Dimon, the longest-serving boss of a big US bank? Can JPMorgan possibly keep churning out record-breaking profits? How does it plan to