JP Morgan: News

11 Oct 2022


Recession expected in 6-9 months, warns JPMorgan CEO Jamie Dimon

Six to nine months—that's how much time Jamie Dimon, the CEO of JPMorgan Chase & Co, gives the US and global economy before they slip into a recession.

16 Dec 2020


Vedanta group to raise $8 billion for BPCL acquisition

The Vedanta group is planning to raise about $8 billion through a mix of debt and equity for the acquisition of state-run Bharat Petroleum Corp. Ltd. (BPCL), reports said on Wednesday.

21 Sep 2020


FinCEN files: All you need to know about the leak

Several Indian banks helped facilitate transactions red-flagged by the United States Treasury Department's Financial Crimes Enforcement Network (FinCEN) for suspected money laundering, terrorism, drug dealing, and financial fraud, a major leak of top-secret documents has revealed.

05 Mar 2020


India's five most influential and successful women in finance

The world of finance used to be seen as an industry only for men for the longest time. However, that has changed in the last few years.

24 Jul 2019


Five hidden gems of New York City you must explore

Needless to say, the New York City is one of the world's favorite tourist spots.

07 Aug 2018


Facebook asks JP Morgan, Citibank, Chase to share customer details

Facebook has asked major US banks to share customer data to allow it to develop new services on the social network's Messenger texting platform.

21 Jun 2018


Who is this Indian Warren Buffett picked to head healthcare-venture?

Yesterday, prominent Indian-American surgeon and journalist, Atul Gawande was appointed as the CEO of the yet-to-be named US-based health-care venture of Amazon, Berkshire Hathaway, and JP Morgan.

03 May 2018


Ever-increasing congestion woes: Bengalureans take almost 1hr to cover 16kms!

Close on the heels of the Uber-commissioned Boston Consulting Group report that termed Bengaluru as one of the worst congested cities in India, comes another report putting India's Silicon Valley in the dock.

02 May 2018


Indian-American IT company fined for violating H-1B salary requirements

On Wednesday, an Indian-American IT company was asked to pay a fine of $173,044 in wages to 12 of its foreign employees, most of them Indian, for violating the H-1B visa programme's salary requirements.

04 Apr 2018

Companies Act

HC partially unfreezes Cognizant's bank-accounts, orders payment of Rs. 420cr

A week after freezing bank accounts of Cognizant Technology Solutions in a Rs. 2,500cr tax-evasion case, the Madras HC has asked it to pay 15% (Rs. 420cr) to I-T in two days.

18 Mar 2018


Soon send money through Amazon's Alexa: Here's how

Amazon is working on a feature that will allow users to send money through the company's voice-enabled digital assistant Alexa, which is present on most of Amazon's smart speakers.

24 Feb 2018

Goldman Sachs

Dropbox files for IPO, to raise $500 million

File syncing service Dropbox has filed for an initial public offering (IPO).

11 Sep 2017


From corporate to politics: These Indian women are dominating

To achieve success in politics, one has to have grit, confidence, a go-getter attitude and a sharp mind. Much like what success in the corporate world demands.

08 Jun 2017


Bengaluru's Phase 1 metro to be inaugurated on June 17

Bengaluru's wait for Phase 1 metro will soon be over with its last leg to be inaugurated on June 17 by President Pranab Mukherjee.

20 Jan 2017


After Obama's exit, PM Modi world's most 'followed' leader

As President Obama ends his term as the 44th President of the United States, Prime Minister Modi became the most followed leader of a state on social media.

23 Dec 2016


Deutsche Bank reaches $7.2 billion settlement with US regulators

Deutsche Bank has reached a settlement of $7.2 billion with the Department of Justice in the US (DoJ) over an investigation into the mortgage-backed securities.

JPMorgan to pay $264.4 million in Chinese bribery scandal

JPMorgan Chase & Co. was slapped a $264.4 million fine by the federal officials to settle charges which proved that it employed relatives and friends of Chinese officials in order to obtain access to banking deals in China.

16 Sep 2016


JPMorgan's CEO vociferously endorses PM Modi's initiatives

In a recent interview, Jamie Dimon, one of the world's most renowned bankers spoke very positively about India's future and credited Prime Minister Modi for making all the "right moves".