JPMorgan Bank

The US bank will pitch the products to clients in Asia-Pacific and Europe, in addition to providing support for the offerings developed from the Gujarat International Finance Tec-City, or GIFT City

Dimon, 68, has been the subject of repeated speculation in recent weeks as a candidate for Treasury secretary by both Republicans and Democrats

The South Asian nation surprised investors by imposing restrictions on sales of new securities with those tenors this week, just a month after it was included in JPMorgan's flagship gauge

Investors' eagerness for short-term bonds are driven by lower supply of treasury bills

An old interview where JPMorgan Chase CEO Jamie Dimon talks on the importance of working smart to maintain a balance between professional and personal life is going viral again

Indian government bonds enter JP Morgan's GBI-EM Index, expected to attract $30 billion in inflows

Singh, popularly known as PD, had received regulatory approval in January 2023 for a three-year term as CEO of JPMorgan Chase Bank India

The New York-based lender already employs about 55,000 people, about a fifth of its global workforce, across five Indian cities

The Commodity Futures Trading Commission (CFTC) said Thursday the bank would pay $100 million to settle a multiyear probe into the JPMorgan's trade monitoring

The board is 'spending significant time on developing operating committee members who are well-known to shareholders as strong potential CEO candidates,' it said in a proxy statement

Raghavan, who is expected to start at the bank in summer, will also join the firm's executive management team and report directly to Fraser, Citigroup said in an internal memo Monday

Bank said it expects full-year net interest income (NII) of $90 billion. That was higher than estimates of $86.2 billion, according to LSEG data. In the quarter, NII rose 19% to a record of $24.2 bn

RBI has done well, but new external challenges can emerge

The sale is not related to leadership succession, a company spokesman said. Dimon is not currently planning to sell more stock, but could consider doing so in the future, the spokesman added

Joins Morgan Stanley, CLSA, Nomura on hiking India exposure

Shares of the bank fell 0.7% in premarket trading

"Given the interest in India as a market, at some point people will look at both organic and inorganic way to come into the market," Khullar said

"The muted reaction currently is due to weak global risk appetite," Sambor, who said inflows could rise if India becomes a part of other global indices

The largest US lender's profit climbed to $14.47 billion, or $4.75 per share, for the quarter ended June 30

The bank had confirmed an earlier Reuters report on Wednesday that it was exploring strategic options, including a potential sale or capital raising