News Formal

JPMorgan wealth and asset management unit on M&A, hiring, US expansion - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Jamie Dimon says JPMorgan will be 'much more aggressive' on acquisitions just days after Morgan Stanley revealed plans to buy E-Trade

Industry dynamics like investors plowing money into passive investments, rock-bottom customer fees, "mid-tier managers being squeezed,'" and operating in the late innings of a historically long bull market are all conditions that JPMorgan flagged as advantageous to M&A right now. Pedro Fiúza/NurPhoto via Getty Images

The firm's hiring plans encompass both financial advisers and other investment professionals. Globally,has around 1,000 investment specialists across asset management, and 6,500 wealth advisers. In the US, it has some 3,700 advisers across 5,000 branches.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The 21 big US cities where it pays most to be an entrepreneur - Business InsiderEntrepreneurs in some major cities earn much more than people working for wages. Salt Lake City, Denver, and Las Vegas were at the top of the list.
Source: BusinessInsider - 🏆 729. / 51 Read more »