Unvaccinated JPMorgan Chase Employees May Lose Jobs As CEO Reasserts Vaccine...
Jamie Dimon, Chairman and CEO of JPMorgan Chase, is taking a hardline stance on the bank’s vaccination mandate, putting the jobs of unvaccinated workers in jeopardy. This comes after the company instructed its unvaccinated workforce to work from home at the end of 2021...
Gold And Related ETFs Experience Biggest Loss In Years Amid Record...
Despite ending the year with a modest gain, in 2021 gold experienced the steepest year-over-year drop since 2015, signaling a lack of interest by investors amid the largest inflationary rise in nearly 40 years. Data from the world's biggest gold-backed ETF, SPDR Gold Shares (GLD), reflected the trend with its largest outflow in a decade...
While Bitcoin Soars And Swings, Institutions And Investors Look To Alternatives...
Bitcoin, the blockchain, and cryptocurrency in general have become ubiquitous in just a short number of years, and none of it seems ready to go away anytime soon. After a year that saw record highs nearing $70,000 for the most valuable crypto, some experts expect more diversification in the alternative exchange landscape...
Reddit, Vinfast, Mobileye Headline High Profile 2022 IPOs
Despite the challenges the market contended with in 2021, such as the global shipping crisis, the ongoing pandemic, and rising inflation, a vast number of countries made their public debuts last year. Among these were Coinbase, Robinhood, and the electric vehicle maker Rivian.
Defiance ETFs Defies Norms, Issues NFT ETF
New York-based Defiance ETFs became the first ETF issuer to offer exposure to the emerging market of non-fungible tokens (NFTs) at the tail end of 2021. The Defiance Digital Revolution ETF (NFTZ) listed on New York Stock Exchange on December 2 with a total expense ratio (TER) of 0.65%...
Hedge Funds Go Against Grain, Bet On Steepening Yield Curve
The Federal Reserve’s recent pivot towards a more aggressive strategy to fight elevated inflation has flattened the yield curve, which indicates that some investors anticipate the US central bank’s policy tightening could eventually hinder longer-term economic growth. However, some hedge funds are betting that pricing in the bond market that reflects pessimism about the US economy will not last...
Despite Virus, Record Fees Lead To Bumper Bonuses At Goldman Sachs,...
Goldman Sachs and JPMorgan Chase, following a record year for deal activity on Wall Street, are preparing to pay out bumper bonuses to their investment bankers. Due to a rush of dealmaking, investment banks generated record fees, with the value of US deals in the first 11 months of 2021 totalling a record $2.3 trillion...
As More Investors Move Toward Crypto, Ripple Is Losing Steam
Ripple, which describes itself as “the only enterprise blockchain company today with products in commercial use by hundreds of customers in 55+ countries” and was founded in 2012, offers a payment settling software called Ripple Net. Ripple uses a cryptocurrency token known as XRP in order to settle transactions...
Popular Articles
Hertz Appoints Scott M. Haralson as Chief Financial Officer
Hertz Global Holdings, a prominent global rental car company, has announced the appointment of Scott M. Haralson as Chief Financial Officer. "His deep expertise in financial management and leveraging the capital markets to drive business transformation will be invaluable to Hertz as we rotate our fleet, deliver operational excellence, build greater cost discipline and undertake other key initiatives to improve our financial performance", stated Hertz CEO Gil West...
Navan Appoints Amy Butte as Chief Financial Officer
Navan, the comprehensive super app simplifying travel and expense management, announced the appointment of Amy Butte as Chief Financial Officer effective June, 2024. Butte, who joined Navan's Board of Directors in April 2024, has resigned from her role as Audit Committee Chair to assume this executive position...