The new unit reflects J.P. Morgan’s strategic shift toward relationship-driven advisory, offering select clients deeper access to global expertise across emerging and transformative sectors.

J.P. Morgan has announced the launch of a new Special Advisory Services unit, marking a significant step in the bank’s efforts to strengthen long-term relationships with its most valued clients. The initiative is designed to go beyond traditional dealmaking and financing, positioning the firm as a strategic partner in an increasingly complex global business environment.

The move comes at a time when companies are seeking more nuanced guidance amid rapid technological change, geopolitical uncertainty, and evolving regulatory and market conditions. By creating a dedicated advisory platform, J.P. Morgan aims to deliver forward-looking insights that help clients navigate both immediate challenges and long-term opportunities.

The Special Advisory Services unit will provide tailored advice on a wide range of themes shaping global markets today. These include artificial intelligence, cybersecurity, digital assets, geopolitics, healthcare innovation, supply chain resilience, and sustainability, all of which are becoming central to corporate decision-making.

Rather than focusing solely on transactions, the new unit emphasizes strategic thinking and continuity. It is structured to support clients over extended time horizons, helping leadership teams anticipate shifts, assess risks, and align business strategies with emerging global trends.

Leadership of the unit has been entrusted to Liz Myers, global chair of investment banking at J.P. Morgan. With more than three decades of experience at the firm, Myers brings deep institutional knowledge and a proven track record in advising companies through complex capital markets and growth phases.

Her previous role overseeing global equity capital markets has equipped her with a broad perspective on investor expectations, market cycles, and corporate transformation. Under her leadership, the new advisory unit is expected to integrate insights from across J.P. Morgan’s global network and sector expertise.

The bank has indicated that the unit will serve a select group of long-standing, top-tier clients. This includes companies preparing for initial public offerings, established corporates pursuing transformational mergers or acquisitions, and mid-sized firms seeking to make J.P. Morgan their primary banking partner.

By focusing on depth rather than volume, J.P. Morgan is reinforcing its commitment to relationship banking. The approach reflects a belief that clients increasingly value trusted advisers who can provide consistent guidance across multiple business cycles, rather than transactional support alone.

Industry observers note that the investment advisory services market is expected to expand in 2026, driven by greater adoption of advanced technologies and rising demand for specialized expertise. J.P. Morgan’s new unit positions the firm to meet this demand with a differentiated, high-touch offering.

The initiative also aligns with broader shifts in the financial services sector, where advisory capabilities are becoming a key competitive advantage. As companies face interconnected risks spanning technology, politics, and sustainability, integrated advice is emerging as a critical need.

Through the Special Advisory Services unit, J.P. Morgan aims to deepen trust, enhance strategic relevance, and reinforce its role as a long-term partner to global businesses. The launch underscores the firm’s confidence in advisory-led growth and its commitment to evolving alongside client needs.

BoE’s measured approach aims to ensure innovation, financial security, and long-term stability in the digital asset landscape

The Bank of England (BoE) has reaffirmed its commitment to protecting the financial system while embracing digital innovation, announcing that it will only lift planned caps on stablecoin holdings once it is confident that these digital assets pose no threat to financial stability.

This move reflects a forward-looking yet cautious strategy designed to ensure the safe integration of stablecoins—cryptoassets pegged to fiat currencies—into the broader UK financial system.

Stablecoins have rapidly gained global popularity, offering speed, transparency, and efficiency in transactions. However, they also raise concerns about liquidity, security, and potential systemic risk.

The BoE’s latest stance shows that it seeks to balance innovation with prudence, ensuring that digital currencies contribute positively to the UK’s economy without destabilizing existing financial structures.

A Balanced Approach to Financial Innovation

BoE Deputy Governor Sarah Breeden emphasized in her recent speech that while stablecoins present exciting opportunities, the central bank must be vigilant about their potential impact on banking and credit systems.

She highlighted that unrestricted transfers from traditional deposits into stablecoins could cause a “precipitous drop in credit for businesses and households” if not properly managed.

To mitigate this, the BoE has proposed temporary caps on the amount of stablecoins individuals and businesses can hold.

These caps—estimated to range between £10,000 and £20,000 ($12,700–$25,000) for individuals—are not meant to stifle innovation but to ensure a smooth transition as stablecoins become part of everyday financial transactions.

Higher limits would apply to businesses, and large corporations could be exempted altogether, recognizing their unique operational needs.

Breeden clarified that these restrictions will be reviewed and lifted once the central bank is confident that stablecoins no longer pose risks to financial stability or the credit system.

This careful calibration underscores the BoE’s long-term vision of a resilient, inclusive, and technology-driven financial ecosystem.

Reinforcing Confidence in Digital Finance

Far from being a restrictive measure, the BoE’s approach sends a positive signal to global investors and innovators—demonstrating that the UK is serious about fostering a safe, sustainable digital finance environment.

Rather than rushing to deregulate, Britain is taking the time to establish a world-class regulatory framework that ensures consumer protection and financial resilience.

Under the upcoming framework, the BoE will oversee systemic sterling-backed stablecoins, meaning those with the potential to become widely used for payments across the economy.

The Financial Conduct Authority (FCA) will regulate non-systemic stablecoins, allowing a flexible yet coordinated approach.

The BoE and the UK Treasury are also working together to develop a resolution regime for stablecoin issuers to ensure operational continuity and protect consumers in case of market disruption.

This collaborative and forward-thinking model distinguishes the UK from other major economies. While several countries are still developing crypto policies, Britain’s regulators are building a comprehensive, future-ready structure that supports both innovation and accountability.

Supporting Innovation While Protecting Stability

In her address, Breeden rejected suggestions that Britain has been slow to regulate digital assets, noting that the UK is on track to finalize its framework by next year, aligning with U.S. regulatory timelines.

This shows that the BoE’s strategy is not about hesitation—it’s about precision and preparedness.

By taking a gradual approach, the BoE aims to avoid market volatility while encouraging responsible innovation in blockchain and digital payments.

The framework will empower businesses to explore new technologies such as decentralized finance (DeFi), tokenized assets, and digital payments, but under robust oversight.

The BoE’s actions are also consistent with the UK’s ambition to position itself as a global leader in fintech.

London already serves as a hub for financial innovation, and with this policy direction, the city could become one of the safest and most competitive destinations for blockchain startups and institutional investors.

Strengthening the Financial Future

Industry analysts see the BoE’s cautious optimism as a positive development for the crypto ecosystem.

Rather than banning or restricting digital assets, the central bank is charting a path that allows responsible adoption, ensuring long-term trust in stablecoins as a secure medium of exchange.

The proposed consultation, set to be published next month, will invite feedback from financial institutions, crypto firms, and consumers. This inclusive process ensures that the framework reflects diverse perspectives and fosters collaboration between traditional finance and emerging digital sectors.

Once the transition proves stable and secure, Breeden assured that the BoE would lift the limits on stablecoin holdings, opening the door to wider participation and innovation in digital currency ecosystems.

A Future Built on Trust and Technology

The Bank of England’s approach underscores a critical truth: the future of money must be both digital and dependable. As financial systems evolve, central banks must embrace change—but on their own terms, ensuring safety, fairness, and inclusivity.

With this initiative, the BoE is positioning the UK as a nation that leads through wisdom and foresight. Its clear message to markets and consumers is one of confidence, stability, and responsible innovation—the very foundations of a thriving digital economy.

China Merchants Securities, citing industry forecasts, said last month the figure could exceed $2 trillion by 2030.

China’s securities watchdog has advised some local brokerages to pause their real-world asset (RWA) tokenisation business in Hong Kong, said two sources, signalling Beijing’s concerns of a euphoric drive towards a booming digital assets market offshore.

The RWA tokenisation process usually converts traditional assets such as stocks, bonds, funds and even real estate, into digital tokens traded on a blockchain. A raft of Chinese firms, including brokerages, have launched RWAs in Hong Kong over the past few months.

At least two leading brokerages have received informal guidance from the China Securities Regulatory Commission (CSRC) in recent weeks to refrain from conducting RWA business offshore, said the sources with knowledge of the matter.

One of the sources said the latest regulatory guidance is aimed at strengthening risk management of a new business and making sure the claims made by companies are backed by strong, legitimate businesses.

The move comes as Hong Kong over the past year ramped up efforts to position the Asian financial centre as a digital assets hub, with many firms, including Chinese brokerages, preparing for the launch of virtual asset trading, investment advisory and virtual asset management.

China, once the world’s biggest bitcoin trading and mining centre, on the other hand, has taken a cautious approach towards digital assets after it banned cryptocurrency trading and mining in 2021 due to financial system stability concerns.

Last month, Chinese regulators asked big local brokers to halt publication of research endorsing stablecoins in a bid to curb a surge in interest in the digital currency among domestic investors, Reuters has reported, citing sources.

Beijing’s latest move comes even as Hong Kong said in June its Financial Services and the Treasury Bureau (FSTB) and the Hong Kong Monetary Authority (HKMA) are conducting a legal review of RWA tokenisation, drawing on international experience.

The global RWA market is currently worth around $29 billion, according to data provider RWA.xyz. China Merchants Securities, citing industry forecasts, said last month the figure could exceed $2 trillion by 2030.

China, once the world’s biggest bitcoin trading and mining centre, on the other hand, has taken a cautious approach towards digital assets after it banned cryptocurrency trading and mining in 2021 due to financial system stability concerns.

Last month, Chinese regulators asked big local brokers to halt publication of research endorsing stablecoins in a bid to curb a surge in interest in the digital currency among domestic investors, Reuters has reported, citing sources.

Beijing’s latest move comes even as Hong Kong said in June its Financial Services and the Treasury Bureau (FSTB) and the Hong Kong Monetary Authority (HKMA) are conducting a legal review of RWA tokenisation, drawing on international experience.

The global RWA market is currently worth around $29 billion, according to data provider RWA.xyz. China Merchants Securities, citing industry forecasts, said last month the figure could exceed $2 trillion by 2030.