Jpmorgan Chase & Co

JPMorgan to open first new branch in India in nearly a decade after RBI nod

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

AI to cut workweek to 3.5 days within decades, says JPMorgan CEO Dimon

JPMorgan CEO predicts AI will reshape work by automating routine tasks, cutting the standard workweek to three-and-a-half days while boosting productivity and transforming global job structures

Goldman Sachs sees senior exits amid leadership reshuffle, dealmaking pause

Despite the departures, Goldman still tops Wall Street's league tables for mergers and acquisitions, and its fee volumes have also surged close to levels in 2021

India IPOs to surpass 2024 highs as billion-dollar issues ahead: JP Morgan

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 sees Asian Tech stocks gaining another 15-20% this year

'AI will continue to lead this upcycle on the growth in datacenter capex in 2025 and more confidence in 2026 growth,' analysts including Gokul Hariharan wrote in a report

Some US banks explore venturing into crypto with joint stablecoin

However, the newspaper said that the bank consortium discussions are in early, conceptual stages and could change

Citigroup Q1 results: Profit soars on 23% jump in stock trading revenue

Stock trading jumped in the first three months of the year as investors rejigged their portfolios during a period of heightened uncertainty over President Donald Trump's tariffs

JPMorgan profit jumps on record trading as CEO Dimon warns of turbulence

The results from the biggest US bank offer a glimpse into the economic implications of Trump's trade agenda. Bank stocks tanked after the tariffs were announced last week

JPMorgan CEO Dimon warns of recession & defaults, urges quick trade talks

JPMorgan's economists raised the risk of a US and global recession this year to 60 per cent from 40 per cent after Trump unveiled the trade barriers

Trump's reciprocal tariffs to push US economy into recession: JPMorgan

JPMorgan's forecast came alongside similar changes from other banks, which have been slashing projections for US growth this year since the tariff announcement

Charlie Javice convicted of defrauding JPMorgan in $175 mn sale of startup

Charlie Javice, the charismatic founder of a startup company that claimed to be revolutionizing the way college students apply for financial aid, was convicted on Friday of defrauding one of the largest US banks, JPMorgan Chase, out of USD 175 million by exaggerating her customer base by 10 times. A jury in New York City returned its verdict after a five-week trial. Javice, 32, faces the possibility of a lengthy prison term. Javice was in her mid-20s when she founded Frank, a company with software that promised to simplify the process of filling out the Free Application for Federal Student Aid, a complex government form used by students to apply for aid for college or graduate school. The company promoted itself as a way for financially needy students to obtain more aid faster, in return for a few hundred dollars in fees. Javice appeared regularly on cable news programs to boost Frank's profile, once appearing on Forbes' 30 Under 30 list before JPMorgan bought the startup in ...

JPMorgan Chase begins one of several planned layoffs for 2025: Report

The layoffs are a part of the "regular management of the business", a spokesperson said, adding that the bank still has 14,000 open positions

JPMorgan's Sippel departs for Rokos; Pranav Thakur named markets chief

At JPMorgan, Thakur will take on his expanded role immediately, according to the bank's memo from commercial and investment bank co-heads Troy Rohrbaugh and Doug Petno

JPMorgan names Nitin Maheshwari, Ravi Shankar as co-heads of India bank

Newly-appointed co-heads of investment banking for India will report to Paul Uren, head of investment banking for Asia Pacific, and to Kaustubh Kulkarni, senior country officer for JPMorgan in India

MAS fines JPMorgan $1.8 mn over misconduct by relationship managers

MAS said in a statement that JPMorgan Chase did not have adequate processes and controls to ensure that relationship managers adhered to pre-agreed spreads with clients

India moves green bonds worth $1.2 billion to index-tracking menu

The announcement comes just three months after India imposed controls on foreign ownership of some newly issued bonds with 14-year and 30-year tenors

JPMorgan client who lost $50 million fortune amid dementia denied trial

A federal judge in Boston threw out a lawsuit filed by Peter Doelger, 87, and his wife, Yoon, accusing the firm of keeping him in an inappropriate investment

JPMorgan to cap junior banker hours, BofA monitors workload amid complaints

JPMorgan Chase & Co. will limit junior banker hours to 80 per week in most cases, according to a person with knowledge of the matter

Three quarters of global carry trades removed: JPMorgan Chase & Co

The carry strategy - which involves borrowing at low rates to fund purchases in higher-yielding assets elsewhere - has been wobbling for months

JPMorgan to closely monitor Indian bond liquidity after investor curbs

The South Asian nation surprised investors by imposing restrictions on sales of new securities with those tenors this week, just a month after it was included in JPMorgan's flagship gauge