May 20, 2021 05:36 PM IST
Wells Fargo & Co said on Wednesday its investment institute is planning to evaluate and onboard an actively managed cryptocurrency strategy fo..
- May 10, 2021 03:53 PM IST
The Malaysian strategic development firm has filed six suits against nine unnamed entities, including two foreign financial institutions, and 25 individuals for various wrongdoings including fraud and conspiracy.
- May 06, 2021 08:44 PM IST
Founded in 2011, Remitly is backed by investment firms including Generation Investment Management, which was co-founded by former U.S. Vice President Al Gore; the family office of Amazon.com Inc founder Jeff Bezos; and PayU, a unit of Prosus NV.
- Mar 10, 2021 04:00 PM IST
The bank discontinued the Chase Pay app – mostly used in stores – in 2019, after it emerged that customers preferred paying by card
- Dec 29, 2020 03:28 PM IST
Vedanta Resources Ltd. on December 10, sold $1 billion of securities at one of the highest yields for a dollar bond in Asia this year. The mining conglomerate is planning to use the money to finance a buyback offer for $670 million of notes maturing in June 2021.
- Dec 09, 2020 11:23 AM IST
The JPMorgan chief said that "bond spreads and most equity prices would be justified" if investor's base case - recovery led by the COVID vaccine - happens.
- Sep 24, 2020 04:22 PM IST
The settlement with the Department of Justice, the Securities and Exchange Commission (SEC), and the Commodity Futures Trading Commission (CFTC) could come as soon as this week and is not expected to result in any restrictions on the bank's business, the person said.
- Sep 01, 2020 11:40 AM IST
analysts at JPMorgan Chase warned investors to not jump on the Biden bandwagon prematurely especially after the recent uptick in Trump's approval ratings
- Aug 16, 2020 08:28 AM IST
In a regulatory filing detailing its US-listed investments as of June 30, Berkshire also disclosed a new 20.9 million share investment worth $563.6 million in Toronto-based Barrick Gold Corp, one of the world’s largest mining companies.
- Aug 27, 2019 10:32 PM IST
In a 3-0 decision, the 2nd US Circuit Court of Appeals in Manhattan said a federal judge erred in dismissing antitrust claims by 'direct' purchasers of aluminum such as Novelis, and by other purchasers including Eastman Kodak, Fujifilm and Reynolds Consumer Products.
- Jun 03, 2019 12:11 PM IST
Only women are considered to be primary caregivers, the company told its employee.
- Sep 16, 2018 09:44 AM IST
While the duration of the next recession is unknown, the financial services firm has said it could see a US stock slide by about 20 percent.
- Jun 21, 2018 02:36 PM IST
The 52-year-old has dedicated his public health career to building better healthcare delivery in the US and around the world
- Jun 20, 2018 08:41 PM IST
The three corporate titans said that Gawande will lead an independent company focused on a mission they announced earlier this year: figuring out ways to improve a broken and often inefficient system for delivering care.
- Sep 26, 2017 12:52 PM IST
Last week Polish Deputy Prime Minister Mateusz Morawiecki announced that JPMorgan Chase picked Warsaw for the new centre.
- Sep 22, 2017 02:02 PM IST
Prime Minister Modi has done some tough things and one will see a different India after a decade, said Jamie Dimon, Chairman & CEO, JPMorgan Chase.
- Apr 01, 2017 08:16 AM IST
The Dow Jones Industrial Average fell 0.31 percent to end at 20,663.22 points, while the S&P 500 lost 0.23 percent to 2,362.72. The Nasdaq Composite slipped 0.04 percent to 5,911.74.
- Feb 28, 2017 08:46 PM IST
JPMorgan Chase & Co, the biggest U.S. bank by assets, said it expected 2017 expenses to rise about 3.4 percent as it spends more on technology and in signing up new credit card accounts.
- Feb 25, 2017 09:34 AM IST
Citigroup Inc on Friday said that U.S. government and regulatory agencies are investigating the bank's hiring practices.
- Jan 19, 2017 07:42 AM IST
A federal suit filed in Manhattan accused JPMorgan Chase & Co. of charging black and Hispanic borrowers higher interest rates and fees for mortgages from 2006 to at least 2009. The lawsuit alleges that discrimination cost at least 53,000 minorities borrowers tens of millions in higher interest payments and fees.
- Dec 07, 2016 08:54 PM IST
JPMorgan Chase today denied any wrongdoing after the EU's anti-trust regulator hit it and two other banks with fines for alleged interest rate rigging, saying it may appeal.
- Jul 17, 2016 03:21 PM IST
Dick Bove of Rafferty Capital Markets says, JPMorgan has started pushing the sale of loans much more aggressively and that showed up in their earnings and one might see the same thing with other American banks.
- Jul 09, 2016 02:32 PM IST
Apple recently became the latest company to give the GOP's presumptive nominee the cold shoulder; it won't contribute money or products to the Republicans' big shindig in Cleveland this month.
- Jul 07, 2016 01:26 PM IST
Currently, banks based in the UK can sell services freely across the EU under a "passporting" system, considered the most significant feature of the EU single market for financial firms. But that is now in doubt after Britons voted to leave the bloc.
- Jun 09, 2016 08:03 AM IST
Campaigners seeking to win a vote for Britain to remain in the EU in a June 23 vote have said the country's role as a global financial hub could be under threat if it gives up its membership, resulting in job losses.