JPMorgan Chase & Co. agreed Tuesday to buy Global Shares, a provider of cloud-based software for managing employee share plans, as the biggest U.S. bank scoops up firms to fend off competition.  Global Shares will be integrated into JPMorgan’s asset ...

Citigroup Inc. joined the list of banks being investigated over employee communications using unauthorized messaging services. The Securities and Exchange Commission is probing Citigroup Global Markets Inc. “and other firms regarding compliance with record-keeping obligations for broker-dealers and investment advisers ...

In the face of an increasingly chaotic geopolitical environment, investors should avoid panic selling of stocks and focus on the market fundamentals, according to JPMorgan Chase & Co.’s head of global equity strategy, Mislav Matejka.  “If one is selling on ...

JPMorgan Chase & Co. has a lounge in the metaverse: Visitors are greeted by a digital portrait of Jamie Dimon and a roaming tiger. Walk upstairs and you’ll see an executive’s presentation on the crypto economy. The lounge is located ...

Not since the late 2000s, when lavish bonuses rained down before and after federal bailouts, have pay packages at U.S. investment banks swelled as much as they have right now. Goldman Sachs Group Inc. just finished spending an average of ...

JPMorgan Chase & Co. announced a significant hike to its annual tech budget last week, which executives warned could lead the investment bank to fall short of profit expectations well into 2023.  The increase of more than 26% in what ...

Blue Chip Wealth Advisors, a Milton, Georgia-based hybrid advising on $300 million, has switched its broker-dealer affiliation to Arkadios Capital from Triad Advisors. Blue Chip operates its own registered investment advisory firm. Separately, Rob Douglass, who advised on $200 million ...

Jamie Dimon’s eyebrow-raising joke about JPMorgan Chase & Co. outlasting China’s Communist Party has so far been met by public silence from officials in Beijing. But with nearly $20 billion of exposure in the world’s second-largest economy — and big ambitions to ...

Motley Fool Asset Management is jumping on the ETF conversion bandwagon with plans to convert two mutual funds that combine for more than $1 billion into exchange traded funds. The $706 million MFAM Global Opportunities Fund (FOOLX) and the $330 ...

When retirees roll over assets from a 401(k) to an individual retirement account, 75% reduce their equity exposure, according to research from J.P. Morgan Asset Management and the Employee Benefit Research Institute. The research, based on data EBRI collected and ...