Latest news with #J.P. Morgan
Globe and Mail
3 days ago
- Business
- Globe and Mail
J.P. Morgan Remains a Hold on WEX (WEX)
J.P. Morgan analyst Tien Tsin Huang maintained a Hold rating on WEX today and set a price target of $195.00. The company's shares opened today at $173.67. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Tsin Huang covers the Technology sector, focusing on stocks such as Cognizant, Accenture, and Block. According to TipRanks, Tsin Huang has an average return of 6.6% and a 58.85% success rate on recommended stocks. In addition to J.P. Morgan, WEX also received a Hold from Morgan Stanley's James Faucette in a report issued today. However, on the same day, TR | OpenAI – 4o reiterated a Buy rating on WEX (NYSE: WEX). The company has a one-year high of $217.47 and a one-year low of $110.45. Currently, WEX has an average volume of 519.1K. Based on the recent corporate insider activity of 42 insiders, corporate insider sentiment is neutral on the stock. Last month, Jennifer Kimball, the CAO of WEX sold 1,400.00 shares for a total of $183,512.00.
Gulf Business
6 days ago
- Business
- Gulf Business
DP World Trade Finance crosses $1bn mark, targeting gaps in emerging markets
Image: DP World The milestone comes as the global trade finance gap continues to exceed $2.5tn, disproportionately affecting small and medium-sized enterprises (SMEs) in developing economies. The platform, which combines logistics and financial services, has partnered with more than 32 financial institutions globally, including J.P. Morgan, Standard Bank, and NedBank. Together with DP World's own lending operations, the model aims to increase access to affordable trade finance while reducing risk and improving the flow of goods in underfunded markets. 'By making capital more accessible, particularly in high-potential markets, we are shaping a trade system that is more inclusive and resilient,' said Sultan Ahmed Bin Sulayem, group chairman and CEO of DP World. 'The growth of our trade finance business underscores the UAE's role as a catalyst for global trade.' DP World Trade Finance: An integrated model DP World Trade Finance's integrated model offers both funding and real-time supply chain visibility, helping lenders make faster, data-informed credit decisions. The platform's performance has generated a loan book with higher-quality assets than industry benchmarks, according to the company. 'Cross-border trade is the engine of global economic growth, but access to affordable finance remains a critical barrier,' said Sinan Ozcan, Senior Executive Officer of DP World Trade Finance. 'Through our platform, we've built a network that connects businesses with capital and streamlines the financing process to enable more consistent global trade.' The platform has facilitated trade across Africa, the Americas, Asia, and Europe, serving industries including agriculture, metals, automotive, and engineering. Its success is part of a broader effort to ease structural constraints in global trade by improving financing options for businesses that struggle with collateral requirements or limited credit histories. DP World Trade Finance was launched to address persistent challenges faced by SMEs, many of whom are unable to secure loans from traditional institutions due to high perceived risk. The company's data-driven approach, combined with its operational reach, aims to provide a scalable solution to help close one of trade's most pressing gaps. Read:
Zawya
6 days ago
- Business
- Zawya
DP World mobilises $1bln to boost trade flow
DP World Trade Finance has mobilised over US$1 billion in working capital for businesses across emerging markets, helping close the global trade finance gap and keep goods moving through some of the world's most challenging economic environments. This milestone was achieved through a combination of DP World's own lending operations and partnerships with more than 32 financial institutions globally, including J.P. Morgan, Standard Bank, NedBank and more. Their financing solutions, delivered alongside DP World's logistics capabilities, have helped reduce risk and improve access to capital for underserved businesses of all sizes, thus lowering barriers to international trade. By combining trade finance with logistics, DP World offers businesses both funding and real-time visibility into their supply chains. This integrated model helps lenders make faster, more informed decisions - unlocking capital where it's needed most. The portfolio that DP World Trade Finance handles has also proven to create a very healthy loan book with high-quality assets, way better than the industry benchmarks, further reinforcing the effectiveness of this data-driven, integrated approach. To date, DP World Trade Finance has enabled trade across Africa, the Americas, Asia, and Europe, supporting sectors including agriculture, metals, automotive, and engineering. Commenting on this achievement, Group Chairman and CEO of DP World Sultan Ahmed Bin Sulayem said, "The growth of our trade finance business underscores the UAE's role as a catalyst for global trade. By making capital more accessible, particularly in high-potential markets, we are shaping a trade system that is more inclusive and resilient.' Sinan Ozcan, Senior Executive Officer, DP World Trade Finance, stated, 'Cross-border trade is the engine of global economic growth, but access to affordable finance remains a critical barrier for many businesses, especially SMEs in emerging markets. Reaching this US$1 billion milestone reflects our commitment to changing that. Through DP World Trade Finance, we've created a network that connects businesses with capital, streamlines the financing process and enables trade to flow more consistently on a global scale.' The global trade finance gap, estimated at US$2.5 trillion, continues to limit opportunities for businesses in developing economies, particularly those without access to traditional financing due to limited credit histories, lack of collateral, or weaker balance sheets that classify them as high risk.
Emirates 24/7
6 days ago
- Business
- Emirates 24/7
DP World mobilises $1 billion to boost trade flow
DP World Trade Finance has mobilised over US$1 billion in working capital for businesses across emerging markets, helping close the global trade finance gap and keep goods moving through some of the world's most challenging economic environments. This milestone was achieved through a combination of DP World's own lending operations and partnerships with more than 32 financial institutions globally, including J.P. Morgan, Standard Bank, NedBank and more. Their financing solutions, delivered alongside DP World's logistics capabilities, have helped reduce risk and improve access to capital for underserved businesses of all sizes, thus lowering barriers to international trade. By combining trade finance with logistics, DP World offers businesses both funding and real-time visibility into their supply chains. This integrated model helps lenders make faster, more informed decisions - unlocking capital where it's needed most. The portfolio that DP World Trade Finance handles has also proven to create a very healthy loan book with high-quality assets, way better than the industry benchmarks, further reinforcing the effectiveness of this data-driven, integrated approach. To date, DP World Trade Finance has enabled trade across Africa, the Americas, Asia, and Europe, supporting sectors including agriculture, metals, automotive, and engineering. Commenting on this achievement, Group Chairman and CEO of DP World Sultan Ahmed Bin Sulayem said, "The growth of our trade finance business underscores the UAE's role as a catalyst for global trade. By making capital more accessible, particularly in high-potential markets, we are shaping a trade system that is more inclusive and resilient.' Sinan Ozcan, Senior Executive Officer, DP World Trade Finance, stated, 'Cross-border trade is the engine of global economic growth, but access to affordable finance remains a critical barrier for many businesses, especially SMEs in emerging markets. Reaching this US$1 billion milestone reflects our commitment to changing that. Through DP World Trade Finance, we've created a network that connects businesses with capital, streamlines the financing process and enables trade to flow more consistently on a global scale.' The global trade finance gap, estimated at US$2.5 trillion, continues to limit opportunities for businesses in developing economies, particularly those without access to traditional financing due to limited credit histories, lack of collateral, or weaker balance sheets that classify them as high risk.
Finextra
7 days ago
- Business
- Finextra
JPMorgan Markets overhauls technology platform for institutional investors
J.P. Morgan Markets, the leading platform for institutional investors, has carried out a comprehensive transformation of its client-facing digital platform, delivering a more streamlined, holistic experience. 0 As the industry's leading destination for institutional investors, J.P. Morgan Markets (JPMM) has long offered unrivalled liquidity and hundreds of market-leading products to help investors across the entire trade life cycle. Now, those products have been consolidated into a seamless five-pillar architecture, spanning Research & Insights, Data & Analytics, Portfolio Solutions, Pricing & Execution and Post Trade. These pillars are designed to help clients move seamlessly through the investment cycle, starting with quality research from over 800 analysts, progressing to data that supports trade analysis, and continuing with a suite of pre-execution tools in Portfolio Solutions. Clients then navigate through pricing, execution, and post-trade phases, all within a unified, streamlined experience. This is enabled through a single email-based login, enhanced UI, and personalised features that reflect the evolving needs of institutional investors. The end result is simplified navigation, integrated workflows and clearer access to J.P. Morgan's full portfolio. Driven By Market Evolution The multi-year overhaul was driven by a recognition among the senior leadership team that markets were becoming increasingly volatile. Based partly on investor feedback, the new iteration has been designed to enhance decision-making and market access, enabling clients to better navigate fast-moving markets such as those that evolved following recent tariff announcements. Jasmine Ferreira, Marketing Lead at J.P. Morgan Markets, said: 'Institutional investors operate in an environment where every second counts. The launch of our enhanced platform coincided with extremely volatile markets and allowed clients to make full use of the enhanced platform features, ensuring they had the clarity and tools needed to act decisively and quickly during this crucial period. Our holistic offering cuts through all the noise so that clients can trade more effectively and efficiently even in challenging periods. 'J.P. Morgan Markets is not just a platform - it's an investor's daily habit, integrating seamlessly into decision-making from the first insight to the last trade across desktop, web, mobile and API.' A New Platform, A New Campaign To introduce this evolution, J.P. Morgan Markets has launched "Do. More.", a global marketing campaign developed with London-based brand strategy and experience agency MONK London. The campaign repositions JPMM as an essential decision-making tool, reinforcing its ability to help institutional investors act decisively and seize opportunities in real time. 'Do. More.' features cinematic films, strategic messaging and industry-focused media activations, rolling out across Reuters, Bloomberg, The Wall Street Journal and other top-tier financial channels.
