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JP Morgan News
JP Morgan chief economist forecasts 'strong rebound' in Indian markets
Wed, May 27, 2020
The US, Kasman said, gets hurt more in the initial downturn and typically comes back on track quicker. JP Morgan economists are bracing for another "ugly unemployment report" in the US, with the jobless rate closer to 20 per cent.
Wall Street rises on Fed''s $2.3 trillion rescue plan
Fri, Apr 10, 2020
Wall Street rose for the third time in four days on Thursday as the U.S. Federal Reserve rolled out a massive $2.3 trillion program to bolster local governments and businesses hammered by the coronavirus outbreak
Morgan Stanley wants majority ownership in Chinese JV: CEO James Gorman
Thu, Jun 13, 2019
Morgan Stanley wants to obtain majority ownership of a joint venture in China, but regulators there have not signed off on the idea, Chief Executive Officer James Gorman said on Wednesday.
Britain set to lose 9,000 bank jobs as they plan to move due of Brexit
Mon, May 08, 2017
Last week Standard Chartered and JPMorgan were the latest global banks to outline plans for their European operations after Brexit.
JP Morgan reduces the valuation of Adani Power and Tata Power
Tue, Apr 11, 2017
JP Morgan reduces the valuation of Adani Power and Tata Power. Watch this special segment and get to know more here.
Citi Group says, U.S. regulators are investigating its hiring practices
Sat, Feb 25, 2017
U.S. agencies, including the U.S. Securities and Exchange Commission, are looking into whether or not the bank hired candidates "referred by or related to foreign government officials" over other candidates, the filing said.
HSBC, UBS stop issuing P-Notes as India steps up clampdown
Sun, Feb 19, 2017
Sebi has shared with the government for further action a list of foreign fund houses that are found to have issued the Offshore Derivative Instruments (ODIs), popularly known as Participatory Notes (P-Notes), to Indian nationals, while probe is on in several other suspected cases of NRIs/PIOs.
Last word on telecom pricing war yet to be heard: JP Morgan
Sat, Jan 14, 2017
"Over the last few months, as Jio`s free offering has gathered subscribers, and more importantly, impacted data consumption on existing telcos` networks. There has been a pricing reaction from t he incumbents for their existing telecom offering especially on data," the investment banker`s latest report said.
Visa CEO Charles Scharf to resign, ex-AmEx president to take over
Tue, Oct 18, 2016
Visa Inc said Chief Executive Charles Scharf, who orchestrated the company`s reunion with its European affiliate, is stepping down and will be succeeded by former American Express Co President Alfred Kelly.
Asian markets rise before central bank meetings in US, Japan
Mon, Sep 19, 2016
Shanghai put on 0.6%, while South Korea added 0.6%. Liquidity was lacking with Tokyo closed for a holiday.
SBI named in a 'Hall of Shame' of banks funding cluster bomb makers
Sun, Jun 19, 2016
The maximum number of 74 banks are from the US, followed by China (29) and South Korea (26).
5 reasons why you should invest in Gold ETF
Thu, May 26, 2016
Even though gold prices are nearing seven week lows and has recorded negative 3% returns of Nifty 50 index, the yellow metal has attracted many investors with 18% returns in terms of INR, HDFC securities said in a report on 25 May.