trending Market Intelligence /marketintelligence/en/news-insights/trending/cd-uwhfpn0t8bkmatjkmrg2 content esgSubNav
In This List

The Friday Express: JPMorgan may spin off Quorum; BOLC seeks to buy Alabama bank


According to Market Intelligence, February 2023


Insight Weekly: M&A players predict 2023 activity; SPAC IPOs dip; 2022 capacity retirements up


Insight Weekly: Recession risk persists; Banks pull back from crypto; 2022 laggard stocks rally


Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

The Friday Express: JPMorgan may spin off Quorum; BOLC seeks to buy Alabama bank

* The U.S. Senate approved the $1.3 trillion bipartisan spending bill that would fund the government through Sept. 30. The House had earlier approved the bill and President Donald Trump indicated that he will sign it.

* The Consumer Financial Protection Bureau issued a request for information, seeking comments from interested parties regarding its inherited regulations and inherited rulemaking authorities.

* JPMorgan Chase may spin off its customized blockchain platform, Quorum, within the year because it might boost external adoption, sources told the Financial Times.

* Goldman Sachs CEO Lloyd Blankfein called speculations of his possible retirement this year as "more of a wishful thought than anything," Reuters reports. However, Blankfein confessed it would be difficult to decide when he will leave the company.

* Holding company BOLC Corp. of Tennessee is seeking to merge with North Alabama Bancshares and indirectly acquire North Alabama Bank.

* Shorcan Digital Currency Network and value network Paycase Financial are planning to launch a cryptocurrency brokerage service focused on bitcoin and ether.

The Daily Dose: Express Edition is updated as of 6:30 a.m. ET. Some external links may require a subscription.

S&P Global Market Intelligence provides links to external sites where these offer further, relevant information to our readers. While we ensure that such links are functional at the time of publication, we are not responsible in instances where those links are unavailable later.