Markel in US and Canada, Baby Berkshire Hathaway, long-term stock performance are astonishing, both started as truck insurance companies and were founded by a single family.
Tag: JPM
Morgan Stanley, the king of investment banks
In 1933, during the Great Depression, Congress passed the Glass-Steagall Act, prohibiting firms from providing both commercial and investment banking services.
The Morgan empire was thus split into two: the old Morgan Stanley and Morgan Bank. Morgan Bank later merged with Chase Bank to become today’s JPMorgan Chase.
Bank of America, too big to fall
Bank of America (ticker: BAC) was formed in 1998 through the merger of NationsBank and Bank of America. It is the second largest banking institution in the United States and the second largest bank in the world by market capitalization. Both are second only to JPMorgan Chase. Bank of America is one of the four largest banking institutions in the United States.
Bitcoin ETF spot trading approval has far-reaching impact
Bitcoin ETFs are listed on mainstream exchanges, which can reach more investors such as retirement funds, investment institutions, and retail investors, inject huge capital into the crypto market, expand trading volume, and accelerate the acceptance of ordinary people.
Fintech’s valuation plummeted and current dilemma
Fintech is no longer a super new blue ocean in the technology and financial circles ten years ago.
Several possible threats to the Visa and Mastercard credit card networks
Visa and Mastercard Credit Card Network are subject to antitrust investigations by various countries almost every year around the world, but they always escape safely.
What’s the credit card difference among American Express, Visa and MasterCard ? at least 8 differences
8 Differences Between American Express and Visa or MasterCard Credit Cards
American Express, one of the best investments of Buffett’s career
American Express is one of Buffett’s most successful investments
How did Silicon Valley Bank collapse? What is the impact?
The root cause of the collapse of Silicon Valley Bank and its impact
How does Exxon Mobil make money? the former market capitalization king
Exxon Mobil, the former market capitalization king, Company profile, ExxonMobil’s (ticker: XON) roots include Standard Oil of New Jersey, the largest and most powerful Rockefeller family. In 1998, Exxon merged with Mobil, formerly Standard Oil of New Jersey.