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Jamie Dimon, CEO of JPMorgan, has provided his economic forecasts for the United States, which include the possibility of "something worse" than a recession. The executive declared that there were storm clouds, citing China, Ukraine, war, Q
Add the CEO of Swiss banking giant UBS to the "blockchain not bitcoin" crowd. In a new interview with CNBC this week, Sergio Ermotti expressed doubt about cryptocurrencies, stating that the role of the technology still "needs to be defined.
UBS has said that cryptocurrencies like bitcoin are a ‘speculative bubble’ and are unlikely to become a mainstream currency. Yet, it believes the blockchain may have a ‘significant impact’ on many industries. In a white paper titled ‘ Crypt
Ritholtz Wealth Management CEO Josh Brown has said the “stampede is coming” for Bitcoin from banks - as soon as next year. In a piece on Reformed Broker , Brown, who is a legacy finance figure openly supportive of cryptocurrency, said Goldm
Former Wall Street mogul and billionaire bitcoin investor Mike Novogratz has called Jamie Dimon a ‘rent-taker’ who will lose the fight against the ‘cryptorevolution’ led by cryptocurrencies like bitcoin and blockchain technology. Retired Wa
Ajay Banga, CEO of Mastercard, has leveled a scathing attack on any and all cryptocurrencies that are not government mandated, calling them “junk”. Digital currencies are almost direct competition for a company like Mastercard, and when ask
Where Wall Street was once a united front in running the financials of America, and to an extent, the rest of the world, it is suffering a polarization as Bitcoin disrupts opinions. As the digital currency keeps booming, investors, financia
Earlier this week, at the Vanity Fair New Establishment Summit in Los Angeles, billionaire investor and the owner of NBA’s Dallas Mavericks Mark Cuban confirmed with Bloomberg’s Emily Chang that he has purchased several bitcoins through the
Jamie Dimon is at it again. Expanding on his recent criticism of bitcoin, the CEO of JPMorgan Chase bank is again out in the media warning "it will end badly" for the tech. In a fresh round of press interviews, Dimon told CNBC he is concern