Closing Bell: Mid-Summer Stall? 07/11/25
Closing Bell
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Fintech Shifts: J.P. Morgan's New Strategy
This chapter examines J.P. Morgan's recent decision to charge fintech companies for customer data access, reflecting the growing competition between traditional banks and fintech firms. Analysts discuss the implications of this strategy and the effects of a significant acquisition on costs, while maintaining a cautious optimism about market conditions.
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