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JPMORGAN CHASE & CO.

(JPM)
  Report
Delayed Nyse  -  04:00 2022-12-02 pm EST
135.16 USD   -0.79%
12/02JPMorgan, Bank of America, Citigroup Reportedly Mulling Cut in Banker Bonuses
MT
12/02JPMorgan Chase, Citi, Bank of America Slash Banker Bonuses as Talent War Ends
MT
12/02MarketScreener's World Press Review: December 2, 2022
MS
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Cleareye.ai Announces Strategic Alliance with J.P. Morgan

09/21/2022 | 04:00am EST

Cleareye.ai announces a new global strategic alliance with J.P. Morgan's Trade and Working Capital group. The alliance leverages a digital solution, ClearTrade, to solve both the challenges Trade Finance operations face today and tomorrow. Through significant advances in technology, the ClearTrade platform streamlines the onerous due diligence processing associated with Trade Finance transactions and the multitude of physical documents that are still prevalent in the industry.

Trade Finance is an industry going through a digital transformation. The ClearTrade solution offers a revolutionary change for banks to ensure they can continue to operate in this evolving landscape plagued with a significantly increasing cost base. Over the past year, ClearTrade has been integrated into J.P. Morgan's Trade Processing System and is now live supporting transactions in the APAC region, with a global rollout planned over the coming quarters.

Through this initiative, J.P. Morgan will be able to further leverage the digitizing of documents using powerful image processing solutions with the ability to extract, validate and accurately classify unstructured data. This level of digitization allows for: Smart interpretation of data and documents to automate letter of credit document examination. Contextual and configurable rules engine to supplement existing Uniform Customs and Practice for Documentary Credits and International Standard Banking Practice rules.

Identification of trade-based money laundering and sanctions red flags. Seamless integration into any existing Trade Finance back-office platforms. Cleareye firmly believes that the ClearTrade solution has the capability to increase Trade Finance operations productivity by up to 70%. Through the automated examination of thousands of trade presentations, including both industry common and non-standard document types, the solution has demonstrated up to 9x increase in trade velocity, significant reduction in document checking errors, greater than 85% accuracy standards and up to 80% reduction in E2E processing time.


ę S&P Capital IQ 2022
All news about JPMORGAN CHASE & CO.
12/02JPMorgan, Bank of America, Citigroup Reportedly Mulling Cut in Banker Bonuses
MT
12/02JPMorgan Chase, Citi, Bank of America Slash Banker Bonuses as Talent War Ends
MT
12/02MarketScreener's World Press Review: December 2, 202..
MS
12/01J.P. Morgan Launches Digital Money Coach to Help Clients Make Smart Money Decisions
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12/01JPMorgan Chase to Present at the Goldman Sachs U.S. Financial Services Conference
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12/01JPMorgan Chase Named Additional Custodian of $52 Billion of Gold Bullion With HSBC
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12/01JP Morgan Private Bank Announces Executive Appointments
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12/01JPMorgan Strategists Reportedly Lower S&P 500 Earnings Forecast for 2023 With Stocks Li..
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12/01JPMorgan Chase's Private Bank Unit Reportedly Makes 'Strategic' Investments in Two Swis..
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11/28Sector Update: Financial Stocks Slip Pre-Bell Monday
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Analyst Recommendations on JPMORGAN CHASE & CO.
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Financials (USD)
Sales 2022 129 B - -
Net income 2022 34 044 M - -
Net Debt 2022 - - -
P/E ratio 2022 11,7x
Yield 2022 2,97%
Capitalization 396 B 396 B -
Capi. / Sales 2022 3,08x
Capi. / Sales 2023 2,83x
Nbr of Employees 288 474
Free-Float 70,7%
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Technical analysis trends JPMORGAN CHASE & CO.
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TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
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Buy
Mean consensus OUTPERFORM
Number of Analysts 26
Last Close Price 135,16 $
Average target price 140,22 $
Spread / Average Target 3,75%
EPS Revisions
Managers and Directors
James Dimon Director
Daniel E. Pinto President & Chief Operating Officer
Jeremy Barnum Chief Financial Officer & Executive VP
Lori A. Beer Global Chief Information Officer
Rohan Amin Chief Information Security Officer
Sector and Competitors