JPM

JPMorgan Chase’s combination of scale, diversification, and sound risk management seems like a simple path to competitive advantage, but few other firms have been able to execute a similar strategy.

JPMorgan now benefits from a nearly unrivaled combination of scale and scope within the United States, creating unique opportunities including its partnerships with other leading firms like Visa and Amazon.

How do you think JPM?

 

Are you Jim Sinegal and if not why didn't you give him attribution credit for the quote?

 

Cardless ATMs

Chase says almost all of its 16,000 ATMs around the U.S. now allow people to withdraw cash using their mobile wallet rather than a physical debit card, by simply tapping their handsets on the machine. "Cardless no longer means cashless," said Sol Gindi, the bank's chief administrative officer of consumer banking. Fox Business

 

Costs of credit card rewards pile up for Chase

Chase, thanks to a number of new cards it's launched in the past year, has succeeded in luring millions of new customers. Yet the rewards arms race and the new clientele the bank has attracted have taken a toll. JPMorgan's card income has fallen by 25 percent in the past two years amid soaring rewards expenses. (Business Insider)

 

Ford summons its swagger, shifts marketing focus to keeping loyalists

Ford is shifting its focus from winning new customers to persuading current owners to stick with its namesake brand. (Automotive News)

 

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A harami type candle is trying to form on the daily candle. Possible fakeout on the MACD.

 

It's a long way to go till the close - even if the time currently was 330pm

 

For tiny biotechs, J.P. Morgan is a big opportunity — and a big cost

For four days in January, the biggest names in biotech descend on the J.P. Morgan Healthcare Conference in San Francisco to unveil splashy merger and acquisition announcements, offer out-of-the-box meditations on drug pricing and schmooze. But some of the smallest and newest names in biotech are there, too, trying not to get lost in the noise. (STAT news - biotech)

 

JPMorgan expands D.C. loan program for minority business owners

JPMorgan Chase & Co. and two partners added $6.65 million into a fund that offers loans to non-white business owners. JPMorgan’s four-year-old Entrepreneurs of Color Fund will use the money to make loans in and around the capital, from Baltimore to Northern Virginia. (Crain's New York Business)