JPMorgan Chase is reportedly moving deeper into the uber-popular world of private credit. That’s according to a report Thursday (May 23) by Bloomberg News, which notes that the banking giant is hoping to bolster its $3.6 trillion asset management business. Sources tell Bloomberg that JPMorgan held discussions...
Brookfield has hired Worldpay’s former CEO to oversee its push into the financial infrastructure space. Sir Ron Kalifa, who spent more than a decade leading Worldpay and is now chair of Network International, is joining Brookfield as a vice-chair and head of its financial infrastructure...
Contract lifecycle and asset management firm Revnue has debuted an AI-powered mobile app. The app, announced Monday (Oct. 16), is designed to streamline companies’ asset, contract, customer, supplier and services data management, the Los Angeles-based company said in a news release. “Our customers articulated a clear need:...
Safe deposit boxes, a longtime fixture at banks worldwide, will soon be a thing of the past at one major banking chain. As Bloomberg News reported Friday (Sept. 30), JPMorgan Chase has begun to phase out the boxes, no longer allowing customers to rent new...
March 26, 2025
Asset manager Fidelity Investments is reportedly preparing to launch its own stablecoin. The Boston-based company, which manages more than $5 trillion in assets, is in the advanced stages of testing the coin, the Financial Times (FT) reported Wednesday (March 25), citing sources familiar with the matter. According to the report, the planned launch is part of Fidelity’s expansion into […]
May 23, 2024
JPMorgan Chase is reportedly moving deeper into the uber-popular world of private credit. That’s according to a report Thursday (May 23) by Bloomberg News, which notes that the banking giant is...
October 23, 2023
Brookfield has hired Worldpay’s former CEO to oversee its push into the financial infrastructure space. Sir Ron Kalifa, who spent more than a decade leading Worldpay and is now chair...
October 16, 2023
Contract lifecycle and asset management firm Revnue has debuted an AI-powered mobile app. The app, announced Monday (Oct. 16), is designed to streamline companies’ asset, contract, customer, supplier and services data management,...
