JP Morgan to cut around 100 jobs in asset management
Approximately 100 jobs will be cut across the asset management business at JP Morgan as part of a routine review, according to the bank.
Tag: JP Morgan
trueEX exploring sale of post-trade derivatives platform
Derivatives platform truePTS launched just under three months ago, but trueEX confirms it is looking for a buyer.
JP Morgan, Franklin Templeton back blockchain FinTech with $32 million investment
Axoni closes Series B funding round with participation from JP Morgan, Wells Fargo, Franklin Templeton Investments and NEX Group.
Barclays, JP Morgan and NEX target voice trading with $14 million investment
Major institutions back cloud-based voice communications FinTech firm Cloud9 Technologies with latest investment round.
Credit Suisse, Goldman Sachs and JP Morgan clear first SOFR swaps with LCH
Major investment banks clear the first US interest rate swaps using US Libor alternative benchmark SOFR.
Buy side
Buy-side voluntary clearing set to take off
Regulation and collateral costs have made the cleared derivatives market much more attractive for the buy-side. Joe Parsons asks what else will it take for them to voluntarily take part?
LCH adds JP Morgan as first US bank to CDS clearing service
JP Morgan is using LCH CDSClear to act as a clearing broker in credit default swaps for Swedish pension fund AMF.
Buy side
Neil Joseph: Optimising equity execution
Neil Joseph, European head of equity trading at JP Morgan Asset Management, talks to John Brazier about his 16 years at the business, the underlying importance of new trading technology and how the desk is handling ever-increasing volumes.
JP Morgan fined $65 million for rigging ISDAFIX
Traders at JP Morgan allegedly traded at the 11.00am fixing time to manipulate the USD ISDAFIX interest rate swaps benchmark.
AI post-trade derivatives platform launches after first buy-side transaction
Trades by JP Morgan and Citadel processed by ‘no-touch’ platform designed to remove post-trade manual processes.