Report
Jim Sinegal
EUR 101.80 For Business Accounts Only

JPMorgan Chase Continues Talks With Amazon

Reports that narrow-moat JPMorgan Chase is in talks with wide-moat Amazon to deepen their existing partnership illustrate the growing roles of technology and scale in the financial services industry. 
We believe technology giants are interested in financial services for three main reasons. Obviously, the profits generated by the industry are the first of these reasons. U.S. banks generated $165 billion in reported net income during 2017, with payments firms accounting for tens of billions more. ...
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Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

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Jim Sinegal

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