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Once fired by JPMorgan over a trading blowup, Jeremy Barnum is now the CFO

Once fired by JPMorgan over a trading blowup, Jeremy Barnum is now the CFO
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Feeling the Heat From Employees, Wall Street Banks Get Closer to Adopting Bitcoin

JPMorgan will get into Bitcoin at some point , says co-president

News Major U.S. investment bank JPMorgan Chase will eventually have to get involved in Bitcoin (BTC), co-president Daniel Pinto believes. The executive told CNBC Friday that JPMorgan’s decision to introduce Bitcoin services would depend on the client demand to trade Bitcoin. Although the current demand is not strong enough, Pinto is confident that it could grow further: “If over time an asset class develops that is going to be used by different asset managers and investors, we will have to be involved [.] The demand isn’t there yet, but I’m sure it will be at some point.”

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