JPMorgan

JPMorgan Chase acknowledged for the first time that it closed the bank accounts of President Donald Trump and several of his businesses in the political and legal aftermath of the January 6, 2021 attacks on the US Capitol, the latest development in a legal saga over the controversial practice of "debanking." The acknowledgment came in a court filing submitted this week in Trump's lawsuit against the bank and its leader, Jamie Dimon. The president sued for USD 5 billion, alleging that his accounts were closed for political reasons, disrupting his business operations. "In February 2021, JPMorgan informed Plaintiffs that certain accounts maintained with JPMorgan's CB and PB would be closed," JPMorgan's former chief administrative officer Dan Wilkening wrote in the court filing. The "PB" and "CB" stands for JPMorgan's private bank and commercial bank. Until now, JPMorgan has never admitted it closed the president's accounts, and would only speak hypothetically about when the bank closes

US President Donald Trump has filed a $5 billion lawsuit against banking giant JPMorgan Chase and its CEO Jamie Dimon, alleging unlawful closure of his personal and business bank accounts in 2021.

The bank has been benefiting from heightened volatility in markets fueling trading activity among its clients, as well as an uptick in dealmaking

Dipesh Shah, executive director at IFSCA, confirmed that the regulator had issued a license to JPMorgan Securities earlier this month

A celebrated startup founder. A $175 million acquisition. And millions of users that allegedly never existed. This is the story of how one deal meant to change student finance in the US

Foreign banks are being drawn to expand in India, lured by its rapid economic expansion, strong credit demand and deepening corporate activity

SitusAMC said in a statement on its website on Saturday that it had been the subject of a cyberattack on November 12, compromising certain information

The US set a November 21 deadline to wind down all dealings with Rosneft and Lukoil, in the first direct sanctions imposed on Russia by President Donald Trump since the start of his second term

The bank, which holds roughly 20,000 shares of Perpetua currently, according to LSEG data, will also have the option to exercise $42 million in warrants within three years

As part of the 10-year initiative, the largest U.S. lender also plans to hire more bankers and invest up to $10 billion into U.S. companies through direct equity and venture capital investments

JP Morgan said Reliance's consumer arms Retail and Jio will drive nearly all of group EBITDA growth over the next three years, as oil-to-chemicals declines in value share

Citigroup has scaled the M&A advisory ranking and displaced rivals on at least two recent deals

JPMorgan warns that Trump's $100,000 H-1B visa fee could slash 5,500 jobs a month, hitting Indian tech workers and US firms relying on skilled foreign talent

Public offerings worth nearly $13 billion have been approved by the regulator so far, with another $18.7 billion-worth of IPOs pending approval, according to data provided by PRIME Database

JPMorgan, which counts India and Japan as its two fastest-growing Asian markets in terms of revenue from corporate banking, expects no let-up in growth despite US doubling tariffs on Indian imports

While Wall Street rivals like JPMorgan and HSBC mandate in-office work, British multinational bank Standard Chartered is sticking with hybrid flexibility to retain talent

JPMorgan is considering giving loans backed by bitcoin and ether, even as its CEO Jamie Dimon remains skeptical of crypto; the move shows growing bank interest in digital assets

The largest US lender released its first report on OpenAI, the company that spurred Wall Street's AI gold rush, according to an internal memo seen by Reuters

The bank now expects about $95.5 billion of NII, or the difference between what it earns on loans and pays out on deposits, compared with an earlier estimate of nearly $94.5 billion

Nuvama maintained a 'Hold' rating on DMart, and revised its target price to ₹4,086 from ₹4,273, citing sustained margin pressure.