Icap has sold a 12% stake in Traiana to a group of seven bank customers in a deal valuing the foreign exchange post-trade processing platform at $300 million.
JPMorgan has begun the roll-out of a new electronic multi-asset client trading system, consolidating more than 30 individual platforms into a single user interface.
JPMorgan Chase has bought daily deals startup Bloomspot in a move aimed at winning cardholder loyalty by offering discounts on shopping at local stores.
A group protesting about the release of a film mocking the prophet Mohammed has promised to unleash a second wave of Distributed Denial of Service attacks against prominent US banks in the run-up to Christmas.
Continuing its efforts to improve educational opportunities and its support of Kipp (Knowledge is Power Program), JPMorgan Chase (NYSE:JPM) today donated computer hardware estimated to be worth more than $500,000 to Kipp New York, Inc. (KIPP NYC).
Icap has made a Series A investment in London-based reconciliation vendor Model Two Zero.
Chase customers can get debit cards on the spot in 2,000 branches in select regions, with a focus on New York City, Chicago and Los Angeles by year-end.
Chase, which made $129 billion in loans in the first nine months, launched Chase My New Home, a free mobile app that helps homebuyers from the time they start looking at houses until they close on their mortgage.
Omgeo, the global standard for post-trade efficiency, today announced that Jeff Kiley has been named its new director of industry relations for the Americas.
American banks are ditching planned BlackBerry apps as the Canadian brand's market share tumbles in the face of Apple's iPhone and Google's Android, according to Keynote Systems.
© Finextra Research 2013