J.p. Morgan

Mollie Colavita, a veteran Merrill Lynch Private Wealth Management executive and former New York regional leader, has left to join J.P. Morgan Wealth Management, according to two sources familiar with the move. Colavita, who spent all of her nearly 28-year career with Merrill, will be joining as head of practice...

J.P. Morgan analyst David Perry maintained a Buy rating on Airbus Group SE (EADSF) today and set a price target of EUR138.00. The company’s shares closed last Tuesday at $137.94, close to its 52-week high of $140.00. According to TipRanks.com, Perry is ranked #7338 out of 7551 analysts. The word...

The recent rally in bitcoin prices is unlikely to last, according to J.P. Morgan. Bitcoin’s price had rallied as much as 15% since bottoming at $33,472 a coin on Tuesday, but analysts at J.P. Morgan say a shift in the structure of the market signals there is further weakness on the horizon. The cryptocurrency has plunged 41% from its April peak.

Bitcoin and other crypto assets have had a rough ride over the past month.

J.P. Morgan upgraded UPS to overweight after its Investor Day Wednesday provided 'incremental positives' for pricing power and capacity discipline. United Parcel Service (UPS) - Get Report shares rose on Thursday after J.P. Morgan upgraded the delivery giant to overweight from neutral and raised its share-price target to $243 from $224.

The United Negro College Fund (UNCF) has partnered with JPMorgan Chase to provide the J.P. Morgan Chase Wealth Management HBCU Scholarship for students interested in the financial planning field. Seventy-five scholarships will be awarded to students who will be college sophomores in the Fall 2021 semester attending specific HBCUs full-time,...

J.P. Morgan Wealth Management is expanding its commitment to empowering Black students and communities. The financial giant has partnered with the United Negro College Fund (UNCF) to provide scholarships for students at Historically Black Colleges and Universities (HBCU) for opportunities to learn financial planning and wealth management. The new program...

The program will provide scholarships and mentorships to students attending one of 11 HBCUs across the United States. Eliminating the racial wealth gap is a daunting yet necessary goal that government officials, corporate entities and socio-political activists have been working towards for many years. Now, banks are setting their sights on leveling the financial playing field for Black people as well.

Shares of Honest Co. Inc. bounced back above its initial public offering price in afternoon trading Tuesday, after J.P. Morgan analyst Andrea Teixeira made a bullish call on the health and wellness company founded by Jessica Alba, saying it represented a "highly attractive and unique" growth opportunity. Teixeira initiated Honest at overweight and with a stock price target of $18, which is 9.1% above current prices. The stock was up 4.6% at $16.50, putting it on track for just the sixth close above the $16 IPO price since the company went public on May 5, and the first close...

A brother-and-sister-led J.P. Morgan Advisors team overseeing $1 billion in client assets has left the bank to launch a registered investment advisory firm with offices in Milwaukee, Chicago and Miami, according to an announcement. Christian Habitz and Sarah Damsgaard, who had been with J.P. Morgan’s traditional brokerage group since 2015...

Shares of Coinbase Global Inc. rallied Tuesday, after J.P. Morgan analyst Kenneth Worthington recommended investors buy, saying the company occupies a "key position" in the U.S. market for cryptocurrency transactions, a technology which is expected to become more embedded in financial markets.

A UBS Wealth Management USA team with $3.7 million in revenue hit the road on Friday to join J.P. Morgan Advisors in the second multi-million dollar Beantown departure from the wirehouse in a week. The Taylor Group, led by 28-year brokerage veteran James Wesley Taylor, joined J.P. Morgan’s traditional brokerage...

May 2021 – The Drew University Class of 2021 is unlike any other, having spent their final semesters in The Forest amid a pandemic, remote learning, and virtual college life. But that didn’t stop them from securing impressive post-graduation plans to begin their careers or continue their academic journeys. Though...

Shares of MGM Resorts (MGM) - Get Report traded higher Tuesday after analysts at J.P. Morgan upgraded the casino operator to overweight from neutral, saying "momentum at its domestic casinos, particularly in Las Vegas," continues to "build revenues and margin improvement." Shares of the Las Vegas company at last check...

A Texas financial advisor duo managing $1.8 billion in client assets have left J.P. Morgan’s Private Bank for UBS Private Wealth Management, according to a news release. John Farrell and Joel East have several years of experience working with ultra-wealthy individuals and families, the release said. Farrell began his career...

J.P. Morgan Advisors, the Wall Street bank’s traditional brokerage unit, nabbed a Morgan Stanley team generating $6.4 million in annual revenue with offices in Palm Beach Gardens, Florida and New York City, according to an announcement. The four-person team starts on Friday at their new shop is a comeback for...

J.P. Morgan Advisors’ New York City office lost a $1 billion-asset team led by three Forbes-listed advisors last week to Morgan Stanley but this week added a veteran broker from Merrill Lynch with $230 million in client assets, according to registration records and sources familiar with the practices. In the...

Bank stocks took a dive in premarket trading Friday, as Treasury yields sank in the wake of disappointing government jobs data. J.P. Morgan Chase & Co.'s stock. fell 1.6% to pace the Dow Jones Industrial Average's. DJIA,. +0.65%. early decliners, followed by the 1.4% drop in Goldman Sachs Group Inc.'s...