As Fortune reported in December, IBM (IBM), Intel (INTC), JP Morgan (JPM), and
several other big banks are betting on the blockchain's ledger system.
IBM, Intel, J.P. Morgan and
several other big banks are among those making a big bet on blockchain, the distributed transaction processing engine behind cryptocurrencies such as Bitcoin.
Not exact matches
The resolution covers trading from 2008 to 2013,
several years after a far
bigger wave of penalties tied to foreign - exchange trading by
other global
banks.
The Cupertino, Calif. - based technology giant is in talks with
several big U.S.
banks to develop a digital payments system that would let people send money to each
other via their phones, similar to services offered by PayPal and its subsidiary Venmo, according to multiple people familiar with the talks.
First and foremost, the top
banks are
big because the Federal Reserve and
other regulators have over the past
several decades allowed and even encouraged a series of mergers between strong
banks and weak.
Chase trims out
several fees charged at the
other big banks, such as the monthly paper statement fee, and with 5,100 branch locations and 16,000 ATMs nationwide, you can be confident of finding the same level of service in most areas of the country.
Anyone that has analyzed for example Google, Pepsi, JNJ, Wellpoint, Pfizer,
Bank of America, and
several other big caps can not say that the market is expensive today.