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JP Morgan

JP Morgan to Open Crypto Lab in Athens

JP Morgan’s decentralized finance branch Onyx is opening an Innovation Lab in Athens, Greece, the platform’s head announced last week. “The initial focus will be on building blockchain-related capabilities,” the platform’s Head of Blockchain Launch and Onyx Digital Assets, Tyrone...

JP Morgan Completes Shares Acquisition of Greece’s Viva Wallet

The 48.5 percent acquisition deal of Greek fintech startup Viva Wallet by American banking giant JP Morgan has been completed.

JP Morgan Boss Jamie Dimon Warns of Economic “Hurricane”

Jamie Dimon, chairman and chief executive of JP Morgan Chase, described the challenges facing the US economy as akin to a “hurricane” down the road. Dimon’s comments come a day after US President Joe Biden met Federal Reserve Chairman Jerome...

JP Morgan Investment a “Vote of Confidence in Viva Wallet and Greece”

Greece's PM Kyriakos Mitsotakis congratulated the staff of Viva Wallet on Thursday for signing a deal with American banking giant JP Morgan and said that the investment is "a vote of confidence in the company and Greece." "I consider this...

Moody's and JP Morgan Talk About Capital Controls Due to Large Outflows

Moody's and JP Morgan warned that the continuing outflow of deposits from Greek banks has significantly increased the risk of Greek authorities imposing capital controls to limit them. Indeed this would be a credit negative event for Greek banks. According...

JP Morgan: Greek Banks' Deposits Outflow Reached 3 Bln Euros Last Week

The Greek banks' deposits outflow during last week -and before Friday's Eurogroup deal on the loan agreement four-month extension reached between the Eurozone's Finance Ministers and their Greek counterpart Yanis Varoufakis- amounted to a total of 3 billion euros, according...