Here’s what’s been happening on Wall Street overnight

Welcome to Finance Insider, Business Insider’s summary of the top stories of the past 24 hours. Sign up here to get the best of Business Insider delivered direct to your inbox.

“The first opportunity we have to delight or to upset a client is when they walk through the door either physically or virtually.”

Sounds like a tech executive, right? Jeff Bezos even? The Amazon boss often talks about delighting customers, after all, although until recently the ecommerce giant didn’t really have doors to physically walk through.

But no, that’s not a tech founder, or a retail CEO. It’s Marianne Lake, the CFO of JPMorgan Chase.

In an investor day presentation Tuesday February 27, Lake went through the Wall Street giant’s “Digital Everywhere” strategy. And later, JPMorgan chief Jamie Dimon, who’s teamed up with Bezos and Warren Buffett’s Berkshire Hathaway on a healthcare initiative, discussed Amazon Prime.

Taken together, the comments hint at JPMorgan’s vision of the future of banking. Here’s our story.

In related news, the Chase Sapphire Reserve passed a crucial hurdle – and it could become JPMorgan’s blockbuster gateway drug.

In economics news, the US economy in the fourth quarter grew slightly slower than initially reported, according to the Commerce Department’s second estimate of gross domestic product. And an alarming job market trend helps explain why most Americans have yet to see a big spike in pay.

In investing news:

In tech news:

And in crypto news:

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.