Page 6 - Jp Morgan

JPMorgan profit shrinks as it sets aside $3 bn for deposit insurance fund

Bank said it expects full-year net interest income (NII) of $90 billion. That was higher than estimates of $86.2 billion, according to LSEG data. In the quarter, NII rose 19% to a record of $24.2 bn

Record FPI inflows in debt market mark over 6-year high in December

FPI inflows into debt stood at Rs 18,393 crore in December, against Rs 14,106 crore in November, according to data on the National Securities Depository Limited

JPMorgan touts India, Mexico in 'bumpy' 2024 for emerging stocks

JPMorgan says 2024 could see markets with strong growth, robust earnings outlooks or close ties with the US economy outperform

FPIs' Rs 12,399 crore bet on debt this month highest in over 2 years

Foreign inflows of Rs 47,105 crore into debt in CY23 at 6-year high

JP Morgan ESG head Chuka Umunna calls for new green tech funding model

This was partly because of the capital requirements for some green tech firms in early stages of development, he said

Oil & gas biz may be nearing peak for RIL, claims larger share in profit

Ril's oil and gas business performance for several years has been lackluster in comparison to the profits its other divisions have returned

Sensex up 635 pts, Nifty near 19,050: Reasons behind market rally on Friday

Stock market highlights: JP Morgan, on Friday, upgraded India to 'Overweight' from 'Neutral' and recommended investors to use the near-term correction as an opportunity to add

Hindujas tap private credit, foreign banks for Reliance Capital buy

The Hinduja group had offered the shares of two insurance companies owned by Reliance Capital to raise funds and was in talks with Barclays, JP Morgan, Cerberus Capital Management and Apollo

India to become world's third largest economy by 2027, says JP Morgan MD

JPMorgan's managing director of Asia Pacific equity research, James Sullivan, said that India's GDP will double to $7 trillion by 2030

JP Morgan adds India to emerging market debt index; may boost G-secs

Industry experts say anything between $20 billion and $30 billion could flow in, at least on paper. There could also be more interest in Indian G-Secs among foreign investors

Domestic bond yield remains resilient, up only 4 bps amid global challenges

The significant rise in US Treasury yields was based on the view that the US Federal Reserve might keep the rates higher for an extended period

Indian IT firms set for 'washout' year, focus now on 2025: JP Morgan

The focus for this quarter's earnings reports will be on deal signings as well as the split of new deals versus renewals to assess fiscal 2025 growth, the analysts said

Vedanta close to raising $3 bn from JP Morgan, Standard Chartered: Report

The money will be used to escape default on Vedanta's upcoming payments

Marginal credit boost: Fitch on India's inclusion in JP Morgan's bond index

Fitch estimated that inclusion in the GBI-EM indexes could facilitate approximately $24 billion in passive inflows into government bonds between June 2024 and March 2025

JP Morgan Chief Dimon warns 7% US Fed rate still possible: Report

"We urge our clients to be prepared for that kind of stress," the JPMorgan Chase & Co. CEO said in an interview with the Times of India, saying a hard landing remains a risk for the US economy

Emcure Pharma plans $400-500 mn IPO in 2024; hires JP Morgan, Jefferies

Emcure, backed by private equity firm Bain Capital, has hired investment banks JP Morgan, Jefferies and Kotak for the IPO, and is targeting a valuation of about $3 billion

JP Morgan EM index addition: Banks, FIs look to raise Rs 18,000 crore

NABARD to issue social sector bonds on Tuesday

Managing flows

Govt's dependence on foreign funds should be limited

India to enter JP Morgan's EM bond index; set for $20 billion inflow

To have 10% weight, like China; no tax benefits for bond investors

Despite JP Morgan move, analysts remain watchful of bank stocks; here's why

The rally in PSBs, analysts feel, was more a knee-jerk reaction to the development, and the actual benefits will start to accrue once the addition takes place in 2024