JPM’s shopping spree – Two Sigma’s cloud strategy – Experts talk Chase UK

  • Date: 28-Sep-2021
  • Source: Business Insider
  • Sector:Economy
  • Country:Middle East
  • Who else needs to know?

JPM’s shopping spree – Two Sigma’s cloud strategy – Experts talk Chase UK

Welcome to Insider Finance. If this was forwarded to you, . Plus, download Insider's app for news on the go – and . On the agenda today: While you're here, be sure to check out the new Insider Crossword — we're publishing puzzles every morning through Oct. 8. Let's get started. JPMorgan has made at least 10 fintech and consumer acquisitions or investments since 2020 as it looks to combat what CEO Jamie Dimon has called "very tough, brutal competition" from startups. Hui Ka Yan is the founder and chairman of Evergrande, the Chinese property development company in danger of defaulting on $300 billion in loans. Meet the man at the helm of what some are calling Two Sigma's top cloud execs detailed the firm's public-cloud strategy, and why it relies on Google Cloud Platform more than any other provider. Plus, they discussed plans to hire hundreds of engineers focused on the tech in the coming years. JPMorgan launched its new Chase retail-banking offering in the UK, and experts are saying it's a strategic decision. With more consumers looking to bank digitally, Chase will be able to fill a gap in the UK for a full-service . JPMorgan CEO Jamie