J.P. Morgan Chase & Co. (NYSE:JPM) has named a new head for their Fixed Income in Emerging Asia division.

J.P. Morgan Chase & Co. (NYSE:JPM) Recognizes New Head

Reports say that J.P. Morgan Chase & Co. (NYSE:JPM) has appointed Pranav Thakur as head of the fixed income for emerging Asia, excluding Japan and Australia.

Thakur will manage fixed income trading and sale and debt capital markets for emerging Asia. Thakur replaces Tarun Mahrotri who has left the firm.

Gaby Abdelnour, chairman and chief executive officer for Asia-Pacific region, J.P. Morgan Chase & Co. (NYSE:JPM), said that, “Tarun was instrumental in developing J.P. Morgan Chase & Co. (NYSE:JPM)’s Asia emerging-markets business exponentially into a market leader in the region”.

JP Morgan Chase & Co. (NYSE:JPM) stocks were at 37.30 at the end of the last day’s trading. There’s been a 6.5% change in the stock price over the past 3 months.

JP Morgan Chase & Co. (NYSE:JPM) Analyst Advice
Consensus Opinion: Moderate Buy
Mean recommendation: 1.38
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 1.28
Zack’s Rank: 4 out of 15 in the industry

J.P. Morgan Chase & Co. (NYSE:JPM) has completed its Electronic Bank Management Central Utility Pilot.

J.P. Morgan Chase & Co. (NYSE:JPM) Finishes Finance Pilot

Reports say that J.P. Morgan Chase & Co. (NYSE:JPM) Treasury Services has completed its Electronic Bank Management (eBAM) central utility pilot (E-CU).

J.P. Morgan Chase & Co. (NYSE:JPM) successfully implemented the program with three major clients – MetLife, Fujitsu, and SWIFT Treasury.

Nick Donohue, Managing Director, J.P. Morgan Chase & Co. (NYSE:JPM) Treasury Services, said that, “Completing a global test across multiple channels, together with our corporate partners, is a tremendous accomplishment. J.P. Morgan Chase & Co. (NYSE:JPM) has been a leader in establishing eBAM and 3SKey standards. The E-CU has the potential to help drive the adoption of, and adherence to, standards, which may eliminate the friction in the process and maximize the transformational opportunity that eBAM has promised to corporations and their banks alike”.

JP Morgan Chase & Co. (NYSE:JPM) stocks were at 37.01 at the end of the last day’s trading. There’s been a 1.4% movement in the stock price over the past 3 months.

JP Morgan Chase & Co. (NYSE:JPM) Analyst Advice
Consensus Opinion: Moderate Buy
Mean recommendation: 1.38
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 1.27
Zack’s Rank: 4 out of 15 in the industry

J.P. Morgan Chase & Co. (NYSE:JPM) Asset Management has announced a new member to their team.

J.P. Morgan Chase & Co. (NYSE:JPM) Announces Team Expansion

According to reports, a J.P. Morgan Chase & Co. (NYSE:JPM) division has expanded its team.

The company appointed Neil Moge as the senior client advisor for UK and European Strategic Insurance Sales.

In this new position Mr Moge will be working with insurance clients and prospects across Europe and will help to build customised asset management solutions, with particular focus being placed on the impact of the forthcoming Solvency II.

Moge, said that, “The impact of Solvency II and challenges of a low yield environment are placing significant pressure on insurance companies to reassess all their processes, including investment management”.

JP Morgan Chase & Co. (NYSE:JPM) stocks were at 37.49 at the end of the last day’s trading. There’s been a 10.0% change in the stock price over the past 3 months.

JP Morgan Chase & Co. (NYSE:JPM) Analyst Advice
Consensus Opinion: Moderate Buy
Mean recommendation: 1.38
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 1.27
Zack’s Rank: 4 out of 15 in the industry

J.P. Morgan Chase & Co. (NYSE:JPM)’s credit card division has unveiled Disney’s premier visa card.

J.P. Morgan Chase & Co. (NYSE:JPM) To Launch Disney Visa Credit Card

J.P. Morgan Chase & Co. (NYSE:JPM)’s division Chase Card Services and Walt Disney Company’s subsidiary Disney Rewards LLC have partnered to launch Disney’s Premier Visa(R) Card from Chase.

Robert Belan, General Manager, Chase Card Services, said that, “We developed Disney’s Premier Visa Card with one simple objective in mind — to deliver what Disney’s customers told us was most important in a rewards credit card — earning rewards faster. The ability to earn 2% on every day card purchases — specifically at restaurants, gas stations and grocery stores — was a key theme from our research and we’re pleased to offer that as a benefit on this new card”.

JP Morgan Chase & Co. (NYSE:JPM) stocks are currently standing at 37.60.

Price History
Last Price: 37.60
52 Week Low / High: 27.85 / 48.36
50 Day Moving Average: 33.07
6 Month Price Change %: -9.1%
12 Month Price Change %: -16.4%

J.P. Morgan Chase & Co. (NYSE:JPM) has seen a huge rise in residential loan refinancing.

J.P. Morgan Chase & Co. (NYSE:JPM) Refinancing Increases

A J.P. Morgan Chase & Co. (NYSE:JPM) executive said that the bank has seen a huge rise in residential loan refinancing through the Home Affordable Refinance Program (HARP).

He also said that the surge in refinancing started even before the bank fully employed HARP revisions.

Garry Cipponeri, J.P. Morgan Chase & Co. (NYSE:JPM)’s capital markets executive, said, “We’ve seen a gigantic jump in loans refinanced through the Home Affordable Refinance Program, or HARP. The rise in refinancings has come even before the bank has fully implemented the program’ revisions, including streamlining the process for borrowers with deeply underwater loans”.

JP Morgan Chase & Co. (NYSE:JPM) shares were at 37.66 at the end of the last day’s trading. There’s been a 8.9% movement in the stock price over the past 3 months.

JP Morgan Chase & Co. (NYSE:JPM) Analyst Advice
Consensus Opinion: Moderate Buy
Mean recommendation: 1.38
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 1.27
Zack’s Rank: 4 out of 15 in the industry

J.P. Morgan Chase & Co. (NYSE:JPM) has scheduled to open four Valley branches.

J.P. Morgan Chase & Co. (NYSE:JPM) To Expand Branch Network

Reports say that J.P. Morgan Chase & Co. (NYSE:JPM) is opening four new offices in the San Fernando Valley this year and also hiring 65 to 70 new employees to staff them.

The move is part of J.P. Morgan Chase & Co. (NYSE:JPM)’s plan to grow its branches by 80 in California this year, adding 1,200 jobs.

Pablo Sanchez, head of J.P. Morgan Chase & Co. (NYSE:JPM)’s branch network in the Western United States, said that “California is a state with many opportunities for growth, and we plan to invest significantly in the people, facilities and technology needed to serve California consumers and businesses well. J.P. Morgan Chase & Co. (NYSE:JPM) is creating many jobs, including construction workers to build the branches, vendors to provide services to Chase and, most importantly, branch employees to help our customers with their financial needs”.

JP Morgan Chase & Co. (NYSE:JPM) stocks were at 37.66 at the end of the last day’s trading. There’s been a 8.9% change in the stock price over the past 3 months.

JP Morgan Chase & Co. (NYSE:JPM) Analyst Advice
Consensus Opinion: Moderate Buy
Mean recommendation: 1.38
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 1.27
Zack’s Rank: 3 out of 15 in the industry

J.P. Morgan Chase & Co. (NYSE:JPM) custody arm has plans to launch an iPad app.

J.P. Morgan Chase & Co. (NYSE:JPM) To Launch iPad App

Reports say that J.P. Morgan Chase & Co. (NYSE:JPM)’s securities Services, the third-largest custodian in the world, is launching ‘Access for Securities’, an application for the iPad to give clients the latest information via their mobile devices.

Access for Securities allows clients to see information on the JP Morgan Access portal and provides access to the custody position and transaction interfaces.

JP Morgan Chase & Co. (NYSE:JPM) shares were at 37.36 at the end of the last day’s trading. There’s been a 11.8% change in the stock price over the past 3 months.

JP Morgan Chase & Co. (NYSE:JPM) Analyst Advice
Consensus Opinion: Moderate Buy
Mean recommendation: 1.38
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 1.27
Zack’s Rank: 4 out of 15 in the industry

J.P. Morgan Chase & Co. (NYSE:JPM) has appointed a new Asia Equity Capital head.

J.P. Morgan Chase & Co. (NYSE:JPM) Signs Up New Asia Head

Reports say that J.P. Morgan Chase & Co. (NYSE:JPM) has named Jeff Zajkowski as head of equity capital markets for the Asia-Pacific region.

This new appointment is a part of J.P. Morgan Chase & Co. (NYSE:JPM)’s efforts to add more senior resources in Asia, where it expects sustainable growth.

Mr. Zajkowski joined J.P. Morgan Chase & Co. (NYSE:JPM) in New York in 2002 and will report to Viswas Raghavan, head of J.P. Morgan Chase & Co. (NYSE:JPM) global equity capital markets.

JP Morgan Chase & Co. (NYSE:JPM) stocks are currently standing at 36.93.

Price History
Last Price: 36.93
52 Week Low / High: 27.85 / 48.36
50 Day Moving Average: 32.79
6 Month Price Change %: -10.8%
12 Month Price Change %: -18.4%