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JPMorgan's Pinto Says Technology Investments a Priority in 2016

  • Bank to `aggressively pursue' technologies it's invested in
  • Internal working groups to be given more freedom, Pinto says

JPMorgan Chase & Co. investment bank head Daniel Pinto said internal technology projects, including those focused on blockchain, big data and robotics, will be a “major priority” next year.

The bank will “aggressively pursue the innovative technologies that we have been making investments in,” Pinto said in a year-end memo to employees this week. “Internal working groups have made significant advances this year and will be provided even more freedom to develop market leading platforms in 2016.”