Tech News, Magazine & Review WordPress Theme 2017
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
The Daily Hodl
No Result
View All Result

JPMorgan Exec Says Young People Feel Like ‘Technology Investment Bankers’

by Daily Hodl Staff
February 12, 2019
in Blockchain

JP Morgan Chase head of global investment banking for China, Huang Guobin, describes the bank’s latest strategic approach to blockchain technology and fintech.

According to news outlet Wall Street CN, Huang says investment bankers must master blockchain and other emerging technologies as future industries will be defined by business logic and customer needs. Huang breaks down future industries into seven main categories.

  • Financial Services and Technology
  • Medical Health and Technology
  • Enterprise and Technology
  • Smart Travel
  • New Consumption and Smart Manufacturing
  • Digital Channels
  • Modern Infrastructure and New Energy

Huang expects the transformational wave to dominate and eventually eliminate players that fail to adapt.

Earlier in 2018, Huang gave a lecture at Peking University on “The Positioning and Development of Investment Banks in the Age of Science and Technology Revolution.”

Says Huang,

“For the current investment banking structure, we have made a subversive reform of all in tech. This customer-centric, technology-oriented ‘axis’ industry structure has three characteristics. First, the entire platform of our service must be technology-oriented, and all industries have technological elements, so it is called all in tech.”

“Second, all investment bankers must master basic technical skills and have scientific DNA, otherwise they will not survive.”

“Third, our industry settings are different from traditional industry coverage models. Our industry settings are designed based on business logic, customer needs, and business needs. For example, logistics, excellent guest workshops are all B2B companies. We classify them as corporate and technology service groups. B2C companies such as e-commerce, leisure, and retail are directly serving individual companies through AI and other technologies. We call it the Digital Path Industry Group.”

Industry segmentation, according to Huang, will continue to morph. He says Ant Financial, owned by Alibaba founder Jack Ma, could be categorized as a TMT (Technology Media Telecom) along with other investment banks.

Alibaba, which powers popular mobile payments platform AliPay, continues to thrive with an increasing number of people in China turning to the app, as well as WeChat, as a payment option.

Says Huang,

“Many young people are very excited. They feel that they are all technology investment bankers. Although they will not turn around overnight, at least young people have the opportunity to understand technology.”

“The 200-year reform will serve as a reference. Whether we succeed or fail, we can share our experience and pave the way for future generations.”

JPMorgan appointed Huang as head of China global banking in 2015 after his departure from Goldman Sachs.

JPMorgan continues to show a growing appreciation for blockchain tech, with initiatives like its Blockchain Center for Excellence, in spite of its popularization by the world’s leading cryptocurrency Bitcoin, which JPMorgan CEO James Dimon has described as a fraud.

[the_ad id="42537"] [the_ad id="42536"]
Check Latest News Headlines


 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Submit a Press Release

Industry Announcements

  • DAM Finance Closes $1.8 Million Pre-Seed Funding Led by DFG and Jsquare for Cross-Chain, Portfolio-Backed Stablecoin
    August 19, 2022
  • Kingdom Quest Launches Token IDO on Poolz
    August 18, 2022
  • W3 Storage Lab Raises $3 Million in Pre-Seed Round
    August 18, 2022
  • Massive Online PFP NFTs Meetup in the Mega World
    August 18, 2022
  • DeFi Yield Protocol (DYP) Anticipates Metaverse Platform Launch With Listings on Coinbase, Huobi and MEXC
    August 17, 2022
  • Former Navy SEAL and Author Willard Chesney Joins CBS SEAL Team Actor Justin Melnick With NFT Collection Release on the ReserveBlock RBX Network, Proceeds To Benefit the Boot Campaign
    August 16, 2022
  • Oraichain Introduces Accelerator Program for DApps Building on Its AI Layer One Ecosystem
    August 15, 2022
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$21,267.70
$21,267.70
9.24%
Ethereum
$1,690.65
$1,690.65
10%
Cardano
$0.461757
$0.461757
13.16%
XRP
$0.343137
$0.343137
9.76%
Dogecoin
$0.069447
$0.069447
10.71%

Spotlight

  • Coinbase Highlights Lightning Network’s Potential Disruption of the $150,000,000,000 Payments Industry
    August 14, 2022
  • Here’s What’s Next for Binance Coin, Chainlink and Four Additional Altcoins, According to Top Analyst
    August 17, 2022
  • South America’s Second-Most Populous Country Considering Central Bank Digital Currency, Says Tax Agency Official
    August 19, 2022
  • BlackRock Debuts Private Bitcoin Trust Giving Wealthy Clients Direct Access to Bitcoin
    August 12, 2022
Finance Magnates London Summit Banner
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Cryptocurrency news and analysis, covering Bitcoin, Ethereum, Ripple, XRP, altcoins and blockchain technology

Categories

Bitcoin • Ethereum • Trading •
Ripple and XRP • Altcoins •
Blockchain • Regulators •
Scams • Crypto101 • HodlX •
Futuremash •
Industry Announcements

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT

JOIN US ON TELEGRAM

JOIN US ON TWITTER

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2022 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EMAIL ALERTS
  • DAILY HODL MIX

© 2022 The Daily Hodl