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JPMorgan (JPM) Leads Global Payments Market, Says Morgan Stanley After Executive Meeting

Group 1 - JPMorgan Chase & Co. is recognized as one of the best fundamental stocks to buy currently, with Morgan Stanley reaffirming its Equalweight rating and $298 price target [1] - The bank holds a leading position in global payments, with over $10 trillion in average daily transaction values through its Treasury Services business, making it the largest correspondent bank globally [2] - JPMorgan accounts for 9.5% of the global payments market and 32% of U.S. large-cap banks, maintaining the top spot in the U.S. dollar SWIFT market share [2] Group 2 - As of April 16, 2025, JPMorgan's customer base includes all 20 of the largest companies in the world by market capitalization [2] - The company offers a range of financial services, including investment banking, consumer and small business financial services, commercial banking, asset management, and financial transaction processing [3]