Jpmorgan Chase & Co

JPMorgan client who lost $50 million fortune amid dementia denied trial

A federal judge in Boston threw out a lawsuit filed by Peter Doelger, 87, and his wife, Yoon, accusing the firm of keeping him in an inappropriate investment

JPMorgan to cap junior banker hours, BofA monitors workload amid complaints

JPMorgan Chase & Co. will limit junior banker hours to 80 per week in most cases, according to a person with knowledge of the matter

Three quarters of global carry trades removed: JPMorgan Chase & Co

The carry strategy - which involves borrowing at low rates to fund purchases in higher-yielding assets elsewhere - has been wobbling for months

JPMorgan to closely monitor Indian bond liquidity after investor curbs

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

JPMorgan Chase unveils AI-powered LLM Suite; may replace research analysts

US financial services major JPMorgan Chase's new large language model, functioning as a 'research analyst', has already been rolled for more than 50,000 employees

India likely to amend rules to check hot flows on bond index entry

Central bank has designated class of bonds that can have full foreign ownership, JPMorgan Chase & Co. has included securities from this set of bonds into its emerging markets index that India joined

India's foreign exchange reserves jump about $10 bn on JPMorgan bond move

Foreign investors have poured money into India's markets this year as they look for alternatives to Chinese equities and after JPMorgan announced the inclusion of India's bonds into its key index

JPMorgan Chase profit jumps to $18.15 bn on higher investment banking fees

Investment banks have benefited from a resurgence in capital-raising activity both in debt and equities markets

HDFC Bank, JPMorgan Chase: Top 25 global banks' m-cap hits $4.11 trn in Q1

The combined market-capitalisation (market-cap) of the top 25 banks globally rose 5.4 per cent quarter-on-quarter (QoQ) in the April - June 2024 period (Q1-FY25)

'It's your job, it's not our job': JPMorgan Chase CEO on work-life balance

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

FPIs invest Rs 26,565 crore in Indian equities in June amid rebound in mkt

After two months of net outflow, foreign investors turned buyers in June, infusing Rs 26,565 crore in Indian equities, driven by political stability and a sharp rebound in markets. Looking ahead, attention will gradually shift towards the budget and Q1 FY25 earnings, which could determine the sustainability of FPI flows, Vipul Bhowar, Director, Listed Investments, Waterfield Advisors, said. According to the data with the depositories, foreign portfolio investors (FPIs) have made a net infusion of Rs 26,565 crore in equities this month. This came following a net outflow of Rs 25,586 crore in May on poll jitters and over Rs 8,700 crore in April on concerns over a tweak in India's tax treaty with Mauritius and a sustained rise in US bond yields. Before that, FPIs made a net investment of Rs 35,098 crore in March and Rs 1,539 crore in February, while they took out Rs 25,743 crore in January. The net outflow now stood at Rs 3,200 crore in the month, data with the depositories ...

Funds eyeing India's sovereign debt mkt risk being tripped up by red tape

Foreigners are eagerly buying bonds before they're added to JPMorgan Chase & Co.'s main emerging market debt index from Friday

JPMorgan India Bank CEO Prabdev Singh quits before end of term: Report

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

After a sluggish period, China's economic outlook improving: JPMorgan Chase

US companies are assessing their prospects in China as its economy recovers unevenly and relations worsen between the two nations

JPMorgan failed to monitor billions of client orders between 2014-21: CFTC

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

Every new hire will get training for AI, says JPMorgan amid technology boom

JPMorgan sees the emerging technology as worth between $1 billion and $1.5 billion, President Daniel Pinto said at the event

Succession plans at JPMorgan Chase well on the way: CEO Jamie Dimon

Earlier this year - about halfway through Dimon's five-year retention package - the 68-year-old CEO moved some of his top lieutenants into new senior roles

JPMorgan CEO Jamie Dimon sees 'lot of inflationary forces in front of us'

'If you have higher rates and - God forbid - stagflation, you will see stress in real estate and leveraged companies, and private credit,' Dimon said

JPMorgan CEO Jamie Dimon favors full engagement with China: Report

China vowed retaliation, with its commerce ministry saying that Beijing was opposed to the tariff hikes and would take steps to defend its interests

India's inclusion in bond index on track, most clients ready, says JPMorgan

The difficulty in setting up to trade in India due to an elaborate documentation process has been one reason why foreign investors have been apprehensive about the nation's entry into global indexes