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J.P. Morgan Wealth Management CEO: Clients Say Bitcoin Is Asset Class to Invest In

J.P. Morgan Wealth Management CEO: Clients Say Bitcoin Is Asset Class to Invest In


JP Morgan Asset & Wealth Management CEO Mary Callahan Erdoes says the banking giant’s clients see bitcoin as an asset class and “want to invest.”

The remarks came in a video clip from “Bloomberg Wealth with David Rubenstein” released Tuesday by the media outlet, but that was first recorded on June 7.

When asked by Rubenstein whether she would facilitate transactions for clients who love Bitcoin, Erdoes appeared to defer, arguing it’s “blockchains and digital currencies” that are “changing different financial markets.”



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