Cryptocurrency Q&A Does JP Morgan do prop trading?

Does JP Morgan do prop trading?

CryptoAlly CryptoAlly Sat Dec 07 2024 | 7 answers 1524
I'm curious about JP Morgan's involvement in prop trading. I want to know if the company engages in this type of trading activity. Does JP Morgan do prop trading?

7 answers

Riccardo Riccardo Mon Dec 09 2024
The bank has decided to shut down its global proprietary trading business.

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Dario Dario Mon Dec 09 2024
This move comes as the US government exerts pressure on banks to reduce risk-taking.

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Isabella Isabella Mon Dec 09 2024
As part of this strategy, JP Morgan will redistribute the traders involved in this business.

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Margherita Margherita Mon Dec 09 2024
These traders, who are considered stars in their field, will be moved to other divisions within the bank.

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GwanghwamunGuardian GwanghwamunGuardian Mon Dec 09 2024
JP Morgan has recently announced a significant change in its business operations.

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