JP Morgan blockchain

1.

1. The nature of the two currencies is different: bitcoin is an encrypted digital currency, and Morgan is a typical MLM currency

(1) bitcoin is a consensus network, contributing to a new payment system and a fully digital currency. It is the first decentralized peer-to-peer payment network, which is controlled by its users without a central management organization or middleman

(2) Morgan is a kind of typical MLM currency, they often promise high income, the information of the founding operation team is not open, and they have the background of international large companies, so they put forward a set of seemingly reasonable economic theory

extension data: the harm of

network currency: the extensive application of

1 and virtual currency is also accelerating the rampant network robbers.

(1) in December 2006, the Shenzhen Public Security Bureau announced that it had cracked the country's largest theft network virtual property case, and 11 suspect was arrested. The gang used trojan virus to illegally steal virtual property such as tens of thousands of QQ numbers and QQ coins, and sold stolen goods on the network, making a profit of more than 700000 yuan

(2) in this case, the virtual currency Q was used as the standard of conviction and sentencing, and the police's arrest of illegal elements on suspicion of theft is a special case. The reason is that Tencent has filed with the Guangdong Provincial Price Bureau, and one q is equivalent to 1 yuan

(3) online currency is used more and more widely, for example, it can be used to buy anti-virus software online, vote for super girl, and some websites even use online currency to pay the moderator

2. Outside the business system, because indivial virtual currency has become the "equivalent" of RMB, or even "online RMB", which shows the role of "network hard currency", the illegal gains of illegal gambling can be cashed into RMB, which further promotes online gambling

2. It can be done, but I don't fully understand the principle< The steps of panel data PCA in Eviews are as follows:
① create a panel workfile (pay attention to the start and end years, and fill in the number of cities corresponding to you in cross sections, such as 9)
② quike → empty group → import data (you need to manually enter the variable name in the first line, Select the first row and then click ↑)
③ view → principle components → click OK
to do it
good luck~

3.

J.P. Morgan Chase is formed by the merger of J.P. Morgan Chase Manhattan Bank and J.P. Morgan; Morgan Stanley has no relationship with JPMorgan Chase and J.P. Morgan, which is commonly known as "big Mo"

J.P. Morgan mainly provides commercial banks, investment banks and other financial services. The company's asset scale ranks in the top 20 of fortune's top 500 large enterprises in the United States, and it is one of the highest credit rating companies in the global financial institutions

In September 2008, the company changed its registered status to "bank holding company". On July 19, 2018, the Fortune 500 list was released, and Morgan Stanley ranked 249

< H2 > extended information:

as of July 2019, JPMorgan has more than $2.5 trillion of assets and more than $1.5 trillion of funds under management. The company has 772 sales staff around the world, covering nearly 5000 institutional investors; Equity research covers 5238 listed companies, including 3175 Asian companies

since 1998, the stock price trend of JPMorgan Chase as the main underwriter has been outstanding after listing, with an average rise of 17% after one week, 27% within one month and 37% within three months

the company has more than 260000 employees worldwide and provides services in major financial centers. JPMorgan Asia Pacific is headquartered in Hong Kong, with more than 10000 employees in 23 cities in 15 countries in the Asia Pacific region. JPMorgan ranks first in Asian stock and stock related issues since 1993

4.

JP Morgan, JPMorgan Chase, and Morgan Stanley are both well-known financial institutions in the United States. The former is a famous commercial bank, while the latter is a famous investment bank

JPMorgan, headquartered in New York, USA, with total assets of US $2.5 trillion, was formed by the merger of JPMorgan Manhattan Bank and J.P. Morgan in 2000. JPMorgan is one of the largest financial service institutions in the United States. Its business covers more than 60 countries, including investment banking, financial transaction processing, investment management, commercial financial services, personal banking, etc

Morgan Stanley, commonly known as "Damo", is an international financial services company established in New York, USA, which provides various financial services including securities, asset management, business merger and reorganization, credit card and so on. It is one of the first international investment banks to enter China for development

Commercial bank, abbreviated as CB, is a financial institution with the function of credit creation, which aims at making profits, raising funds with various financial liabilities and operating various financial assets

(representative commercial banks in the United States: Citigroup, JPMorgan Chase, Bank of America, first bank, etc.)

investment banks are a kind of financial institutions corresponding to commercial banks, which are mainly engaged in securities issuance, underwriting, trading, enterprise restructuring, merger and acquisition, investment analysis, risk investment, project financing and other businesses, It is the main financial intermediary in the capital market

(five major investment banks in the United States: Goldman Sachs, Morgan Stanley, Merrill Lynch, Lehmann brothers, Bear Stearns)

< / OL >

5. JP Morgan, Morgan Stanley and JPMorgan Chase are the world's first-class investment banks. They all originated from the Morgan group and were formed by the division of American anti-monopoly law after the war. Specifically speaking, JPMorgan is the proct of the merger of J.P. Morgan and JPMorgan Manhattan Bank. JPMorgan is an all-round financial group, while Morgan Stanley is a professional investment bank. The position of Morgan Stanley is very high, which can be described as the overlord of Wall Street< I'm not sure whether it's a joint venture of the Morgan consortium in China, which seems to be related to securities and funds
the founder of Morgan group is John pierpoint mogam, and Stanley is a director of the group
it's a strange classification of your question
I also happen to major in Finance: - P

6.

J.P. Morgan and J.P. Morgan are actually one company, which were merged and established by JPMorgan bank, J.P. Morgan and fulinming group in 2000; Morgan Stanley, a separate company from J.P. Morgan, is now two separate companies

In 1933, the United States experienced the great depression, and Congress passed the glass Steagall act, which prohibited the company from providing commercial banking and investment banking services at the same time. JPMorgan decided to maintain its original commercial banking business in 1935, and some of its senior partners and staff withdrew from the company to establish Morgan Stanley securities company

J.P. Morgan is a comprehensive financial company with high reputation in the world, mainly providing commercial banks, investment banks and other financial services

JPMorgan first founded the famous investment bank JPMorgan (named after itself). During the great depression, because there was no central bank (i.e. the Federal Reserve) at that time, the financial market in the United States was in chaos, and Morgan financial group played the role of central bank at that time, So many people think that Morgan saved the United States in the crisis with one person

From 1929 to 1933, the Great Depression led to the introction of glass Steagall act in 1933, which separated commercial banks from investment banks, and established the basic pattern of separate operation. Due to the change of American regulatory provisions, under the requirement of separate operation of American financial instry, Morgan group separated its investment banking business from JPMorgan, and the separated investment banking business was founded by Morgan Stanley, so JPMorgan only engaged in commercial banking business

Since the 1980s, with the end of separate operation and the rise of mixed operation represented by financial holding companies, JPMorgan has continued to participate in investment banking and other non-traditional commercial banking business, and Morgan Stanley has also transformed into a bank holding company after the subprime mortgage crisis, that is to say, now the two companies are two big financial groups from the same ancestor

7. Morgan international financial group is true

Morgan international financial group has many companies in the world, we provide a variety of financial services and technical support around the world, and promote its well-known procts with advanced technology and excellent stability, as well as the quotation service of online financial transactions
our services cover foreign exchange, precious metals (including gold and silver), crude oil, non deliverable forward foreign exchange (NDF) and contracts for differences (CFDS). We provide these services to indivial and institutional customers around the world
the unique trading platform of Morgan international financial group has a daily trading volume of more than US $3 billion. In 2010, our trading volume reached US $670 billion, 60% of which came from bank and institutional customers. Our business covers more than 90 countries and serves more than 78000 customers worldwide. Our group companies are regulated on five continents
Morgan International Finance Group attaches great importance to technology investment and provides clearing and risk management services for global retail and institutional customers. We use the most advanced technology to ensure that we are ahead of our global counterparts. Morgan international financial group provides one-stop financial procts and brokerage services for banks, institutional and indivial customers as well as professional investors
at the same time, it also provides clients with bulk brokerage business, physical delivery of currency and precious metals, white label partner project, straight through processing, exchange construction, market maker APIs (application program interface) and technology.

8. Under the pressure of glass Steagall act, in the spring of 1935, 70 years ago, at the small island Farm on the shore of Maine, the Morgan consortium made an unchangeable decision: to split the bank into two parts:

one part was JPMorgan, and continued to engage in the traditional commercial banking business; the other part was JPMorgan

the other part was separated and set up a completely independent investment bank named Morgan Stanley<

at that time, 20 people went out of Morgan bank to form Morgan Stanley, and the senior staff almost completely mastered $500000 of common stock. The real start-up capital was $7 million of preferred stock without voting rights. On the night before the company opened, a doorman prepared a table to receive the flowers from the guests. When he came to work the next day, he found that the street in front of Morgan Stanley was already full of more than 200 flower baskets. In this way, Morgan Stanley's competitors and Wall Street colleagues paid their respects

so many companies came to talk about business in the first week that when the chairman of a large company came to talk about financing, Harold Stanley said, "let him come back next week.". In its first year of operation, Morgan Stanley took over a staggering $1 billion issuance business, sweeping a quarter of the market share. At that time, the company had only 20 employees

from 1935 to 1970, the power of Da Mo to rule the country was remarkable. In the future, no investment bank can compare with it. Its customers include six of the world's top ten oil giants and seven of the top ten U.S. companies. At that time, the only advertising slogan was "if God wants to raise money, he also wants to go to Morgan Stanley."

therefore, it is said that "Morgan Stanley inherited most of the aristocratic lineage of the most powerful financial group in the history of the United States - The Morgan consortium, representing the glorious history of American financial giants leading the modern global financial market." Therefore, the book "Morgan Consortium" believes that "Morgan's strategy is to make customers feel that they are allowed to join a private club, and its account is equivalent to the membership card of aristocratic society."

in 1974, Morgan Stanley carried out the first hostile merger, which dominated the world of hostile takeover. For more than 20 years, daimo has been the number one Merger Consultant in the United States. Before 2000, its return on equity exceeded 30%, and it has been listed as the most efficient listed securities company

"Morgan Stanley, the most respected top investment bank on Wall Street, is going to merge with Tianhui, a retail broker!" In 1997, the incident itself shocked the international financial community. However, the soberness of Morgan Stanley's bankers has made most people put aside their doubts. After all, Morgan Stanley's bankers are also authoritative experts in the instry. Today, it seems that most people are right in their doubts. Since then, the performance of Da Mo has been declining

for Da Mo, the spring of 2005, 70 years later, will be an unsettled and even epoch-making spring< Background information

The Morgan Consortium (the predecessor of Morgan Stanley and GP Morgan) started its business quietly in the Victorian era, and has dominated the financial market in the United States and even the world for more than 200 years. The history of the Morgan consortium is almost the financial development history of the United States and even the world in the era of Morgan

as a monument to the financial success of the United States, Morgan consortia has been standing at the core of the top ten consortia in the United States for 200 years, while other consortia have constantly entered or been squeezed out of the top ten consortia

in the major crises of Wall Street and the Financial District of London, the Morgan consortium played the role of the US central bank for 150 years

with the prosperity of the global capital market, after 1933, the investment bank Morgan Stanley, which was split up, has been regarded by the international financial community as inheriting the dominant position of the Morgan consortium.

9. JPMorgan Chase & Co; NYSE：JPM Dongzheng 1: 8634), commonly known as Xi Mo or Xiao Mo in the instry, is headquartered in New York. JPMorgan Chase & Co, as one of the world's longest history and largest financial services groups, was merged by JPMorgan bank, J.P. Morgan and fulinming group in 2000
there are two famous "Morgan" companies in the financial sector. In China, it is customary to call Morgan Stanley "big Mo" and JPMorgan Chase "small Mo".

10. Morgan Stanley used to be the investment department of JPMorgan. In 1933, the United States experienced the great depression. Congress passed the glass Steagall act, forbidding companies to provide commercial and investment banking services at the same time. As an investment bank, Morgan Stanley was established in New York on September 5, 1935, while JPMorgan became a pure commercial bank< JP Morgan was merged by JP Morgan, J.P. Morgan and fulinming group in 2000

therefore, it can be roughly seen that JPMorgan separated and formed JPMorgan Chase and Morgan Stanley, although they were not formed at the same time