Chief Executive Officer Jamie Dimon is launching the initiative amid trade brinkmanship between Washington and Beijing.
India's banking sector on cusp of transformation amid growing interest from the Japanese and Middle East financial services and private equities, the BCG's global leader, financial institutions, tells Monyecontrol
The banking giant leased the space at an upcoming development of Japanese firm Sumitomo Realty's India unit
JPMorgan chief tells the FT that Washington and Beijing ‘should engage’ as tariffs escalate
Axis Bank will deliver the 24/7 dollar clearing capability for clients out of Gujarat International Finance Tec-City, or GIFT city, an international financial services center
The gains present "a great opportunity" for the lender to assign its engineers to other projects, Beer told Reuters ahead of DevUp, an internal conference hosted by JPMorgan, bringing together its top engineers in India this year.
Veteran dealmaker Rohit Chatterji, the M&A spearhead , Asia-Pacific at top investment bank JP Morgan speaks exclusively to Moneycontrol's Ashwin Mohan on the impact of the US tariff regime on m&a activity in the region and the Indian economy, the ongoing IPO boom in India, private equity vs sovereign funds, the hottest sectoral picks, the India top deck reshuffle and much more
JPMorgan CEO Jamie Dimon has dismissed employee demands to relax the company’s five-day return-to-office policy. During an animated town hall meeting on Wednesday, some employees petitioned the management to reconsider the strict work-from-office requirement. However, Dimon made it clear that such requests would not be entertained.
JP Morgan's Sajjid Chinoy believes the uncertain global landscape under Trump 2.0 could weigh on all emerging markets, including India. He sees the Union Budget 2025 facing the challenge of responding to the domestic slowdown without appearing to lower the guard against a hostile global environment.
The bank also forecast net interest income, or the difference between what it earns on loans and pays out on deposits, for 2025 above analysts' expectations, despite issuing repeated warnings that it may not sustain the level of growth.
JPMorgan initiates coverage on L&T with an 'Overweight' rating, citing strong growth prospects driven by India's capex cycle and robust margin improvements.
Dimon and his team spend a lot of time thinking about what comes next after he retires, Dimon said, without giving a timeframe
FPIs investment in FAR securities stood at Rs 2.30 lakh crore as on August 31, which was up 11.62 percent on-month, from Rs 2.06 lakh crore as on July 31, according to the Clearing Corporation of India’s (CCIL) data.
The S&P 500 has been glimmering in the wave of optimism over Fed's imminent rate cuts and easing concerns over a US recession as it recorded an eight-day uptrend.
The decision to exclude longer-tenure bonds came at a time when most foreign investments have been concentrated in bonds with tenures of 10 years or less.
JPMorgan Chase said it is working to restore service to automated teller machines (ATMs) affected by a global digital outage while a majority suffered from Microsoft outage.
Kolanovic, who has been at JPMorgan for 19 years, is “exploring other opportunities,” the memo stated
The firm’s chief global market strategist is among Wall Street pros who expect earnings growth in the S&P 500 Index will broaden beyond the tech behemoths by year-end
In the nine months since JPMorgan said India's sovereign debt will be included in its emerging market debt index, foreign investors have bought 841 billion rupees ($10.08 billion) of eligible bonds on a net basis
Zook added that the potential volatility from hot money flows are likely to be limited as well since the increase in foreign participation, on account of inclusion of Indian bonds in global indices, is expected to be relatively modest in the foreseeable future.
Shivananda will start later this month and succeed A.J. Lang, who announced his plans to retire earlier this year, according to the memo seen by Reuters. He will report to Lori Beer, the bank's global chief information officer (CIO), who also sits on the operating committee
According to a finance ministry official, whether inflows through the bond market can even be considered "hot money" is questionable given that FPIs in FAR securities are nowhere near a level that is worrying.
From Jamie Dimon's succession plans to JPMorgan's upgraded guidance, here's a look at some of the major developments from across the world.
Wadhwani joined JP Morgan India as head of investment banking in October 2022. He has three decades of experience as a dealmaker and has previously worked at RIL, Rothschild and Arthur Andersen
In this edition of Deal Central, we catch up with Navin Wadhwani, Head of Investment Banking (India) at JP Morgan, for his first on-camera interview after taking over as the deals spearhead at the firm. Wadhwani expects private equity funds to eclipse strategies when it comes to M&A activity in India in 2024 even as he sees the trend of big block deals to continue along with mega IPOs. Pharma/healthcare, financials, tech, infra and energy are his top sectoral picks