Despite the fact that holding gold pays no income, Oliver Gregson, head of the United Kingdom and Ireland at JPMorgan Private Bank said inquiries had gone up as clients increasingly viewed it as “a port in a storm”. He forecast a $1,750 year-end price target.
“We’ve been extending our balance sheet to clients across industries and sectors, to help them in their COVID management, and have been looking at opportunities with them to take advantage of locking in very low rates,” said JPMorgan’s head of private banking in Britain and Ireland, Oliver Gregson.
Oliver Gregson, Head of the UK and Ireland markets at JPMorgan was quoted in an Esquire story on market dynamics in light of COVID-19 disruption. "Almost exactly two months ago, the Chinese economy shut down in an effort to control the spread of COVID-19,"
Oliver Gregson, Head of UK private banking at JP Morgan, was quoted in the Financial Times in an article on cyber security.
In the past few years, UK tech companies have attracted a substantial amount of funding, with more than £5bn in VC funding this year from US and Asian investors - with 80 per cent of that in London alone, it's fair to say the capital's tech scene is a behemoth. "It's in the region of £60 billion annual turnover, with 300,000 jobs at 8,000 startups," say Oliver Gregson, head of UK & Ireland at J.P Morgan Private Bank.