JP Morgan: News

18 Jan 2024

World Economic Forum

JPMorgan Chase faces 45 billion daily cyber attack attempts

JPMorgan Chase, the US's largest bank in terms of assets, is currently battling a staggering 45 billion daily hacking attempts, which is twice the number from last year.

02 Jan 2024


FPI investment in Indian debt instruments turns positive in 2023

In 2023, foreign portfolio investors (FPIs) poured Rs. 68,663 crore into Indian debt instruments, a significant turnaround after three years of outflows.

22 Nov 2023


Indian bonds set for highest foreign inflows in 6 years

Foreign investments in Indian bonds are skyrocketing, with the highest levels seen since 2017 as investors buy local debt in anticipation of India's inclusion in global indexes.

09 Nov 2023


Vedanta taps JPMorgan for advice on its business overhaul

Vedanta Group, led by billionaire Anil Agarwal, has roped in JPMorgan Chase & Co. to advise on its business restructuring announced in September, Bloomberg reported.

11 Oct 2023


JPMorgan Chase conducts its first blockchain collateral settlement for clients 

JPMorgan Chase & Co, a leading global bank, has achieved a major milestone by utilizing its newly launched Tokenized Collateral Network (TCN) to successfully conduct its first commercial application.

AI can reduce workweek to 3.5 days, says JPMorgan's CEO

JPMorgan Chase & Co. CEO Jamie Dimon is excited about the future of artificial intelligence (AI) and its potential to transform our lives.

26 Sep 2023


India, US best friends amid changing global dynamics: JPMorgan CEO 

During a recent visit to India, Jamie Dimon, Chairman & CEO of JPMorgan Chase, lauded Prime Minister Narendra Modi's initiatives to simplify the country's economic landscape.

22 Sep 2023


India's inclusion in JPMorgan's emerging-markets bond index will boost inflows

JPMorgan has announced the inclusion of India in its widely tracked Government Bond Index-Emerging Markets (GBI-EM) index, benchmarked by about $236 billion in global funds.

15 Sep 2023


JPMorgan plans to fund Indian start-ups

JPMorgan Chase & Co. is planning to finance start-ups in India, targeting companies that are pioneers in their sectors and have a large consumer orientation, according to Bloomberg.

How Wall Street banks are using AI to change finance

As the artificial intelligence (AI) revolution unfolds, businesses are finding it hard to withstand the pull of the new technology. From corporations to mom-and-pop shops, everyone wants a piece of the AI pie.

First Republic Bank's assets seized, JPMorgan to take over

First Republic Bank (FRC), which was on the brink of collapsing in the aftermath of the Silicon Valley Bank (SVB) crisis, has crashed.

04 Apr 2023


JPMorgan thinks the chances of recession have increased: Here's why

The global financial sector had a chaotic March. Banking stocks tumbled after the collapse of two banks in the US and the crisis at Credit Suisse.

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


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.

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.

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.