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JP Morgan Co-President Daniel Pinto discussed the European Super League, managing SPAC risks, and the crypto craze in a recent interview. Here are the 10 best quotes

20 days ago   |   By Business Insider

JPMorgan
Daniel Pinto discussed everything from SPACs to the European Super League in a recent interview.
The JP Morgan co-president said his firm has been firing on all cylinders, but he expects things to normalize in the second quarter.
Pinto also said bitcoin has "no intrinsic value" and isn't a payment method worth using.
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JP Morgan's Co-President Daniel Pinto discussed everything from his company's performance to crypto mania to the European Super League to SPACs in a recent interview with Bloomberg. Pinto said...
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JP Morgan says it regrets backing the failed European Super League with $4 billion of financing: 'We clearly misjudged'

21 days ago   |   By Business Insider

Soccer fans protest plans for a European Super League.
Rob Pinney: Getty Images
JP Morgan says it "misjudged" its decision to offer $4 billion in finance to the failed European Super League.
JP Morgan had said it would offer debt financing to the 12 soccer teams, who wanted to form an elite breakaway league.
Clubs quickly withdrew from the closed tournament after intense backlash from fans, players, and politicians.
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JP Morgan said it "misjudged" a deal to finance a breakaway league for 12 elite European soccer teams, which collapsed following...
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