Her Eleftherias Kourtali The strong sell-off that Greek bonds have suffered due to the aggressive “turn” of the European Central Bank, leads JP Morgan to withdraw, at least temporarily, the long positions it held for a long time, until the storm calmed down and to return the market to a more reasonable assessment of the […]
Tag: JP Morgan
JP Morgan: Remains bullish for Greek banks – Managed impact of bond yields
Her Eleftherias Kourtali The aggressive turn of the ECB led Greek bond yields to the highest levels since April 2020, shifting the market focus to bank capital and the course of net interest rate costs (NII), as JP Morgan points out. With the yield on the Greek 10-year bond hovering close to 2.5% (from 0.9% […]
JP Morgan: He is not worried about the turmoil in Greek bonds – It remains long
Her Eleftherias Kourtali JP Morgan continues to give a strong vote of confidence to Greece and Greek bonds, supporting their positive outlook and noting that they are the best trade against all bonds in the eurozone region. The reversal of the ECB’s monetary policy, with Christine Lagarde adopting a more aggressive tone at the press […]
The turmoil in Greek bonds and why JP Morgan is not worried
Of Eleftheria Kourtali JP Morgan continues to give a strong vote of confidence to Greece and Greek bonds, supporting their positive outlook and noting that they are the best trade against all bonds in the eurozone region. The reversal of the ECB’s monetary policy, with Christine Lagarde adopting a more aggressive tone at the press […]
Greek banks at the center of JP Morgan conference – Why it remains bullish despite the rally, target prices
Of Eleftheria Kourtali The new geopolitical landscape with Russia and Ukraine, the shift in monetary policy, interest rate hikes and rising inflation were the main topics of discussion with the central and eastern European, Middle Eastern and African banks. at the conference organized a few days ago by JP Morgan on the opportunities presented by […]
JP Morgan: Buy Banks, Europe and Emerging Markets – Which Stakes to Bet On
Her Eleftherias Kourtali JP Morgan presents its favorite trades for the rest of the year, estimating that the markets will continue to record profits, despite the rally of the previous period and the recent sell-off, the change in the attitude of the Fed and the Omicron variant. More specifically, JP Morgan points out its assessment […]
JP Morgan’s plans for expansion in Greece and the vote of confidence in the country
Today, Prime Minister Kyriakos Mitsotakis met with the President and CEO of JP Morgan Chase, Jamie Dimon. The meeting came two days after the announcement that JPMorgan, one of the largest financial institutions in the world, is investing in the acquisition of approximately 49% of the online bank Viva Wallet. During the meeting, Jamie Dimon […]
How we got to the JP Morgan and Viva Wallet deal – The next steps
Of Costa Ketsietzis JP Morgan CEO Jamie Dimon has made his strategy clear over the years: The only way for the US banking giant to cope with growing competition from ever-growing fintech companies is to invest in companies that develop innovative technologies. especially in the field of electronic payments and investment services. In fact, a […]
The agreement for the acquisition of 49% of Viva Wallet by JPMorgan was closed
LAST UPDATE: 14.24 JPMorgan announced on Tuesday that it had agreed to acquire a 49% stake in Viva Wallet, with the agreement subject to regulatory approval. The financial terms of the deal were not disclosed, but knowledgeable sources told Reuters that Viva Wallet was valued at more than $ 2 billion. JPMorgan’s investment will exceed […]
The Viva Wallet-JPMorgan deal worth 1.2 billion euros closes
By Leonidas Stergiou After months of negotiations, the major shareholders of Viva Wallet come to an agreement with the American banking giant JPMorgan, which has included in its strategy the expansion to neobanks in the USA and Europe. The agreement in principle provides for the acquisition of the shares of three shareholders of Viva Wallet […]
