Page 10 - Jpmorgan
JPMorgan profit jumps 42% on reserve release, investment banking strength
The big US lenders spent 2020 grappling with the economic fallout of the Covid-19 pandemic, setting aside billions to cover expected loan losses
 "JPMorgan profit jumps 42% on reserve release, investment banking strength")
US banks including JPMorgan to delist some Hong Kong products after US ban
US banks Goldman Sachs, JPMorgan and Morgan Stanley will delist 500 Hong Kong-listed structured products, following a US ban on investments in companies Washington deems linked to China's military
 "US banks including JPMorgan to delist some Hong Kong products after US ban")
Amazon, Berkshire and JPMorgan will end joint health care venture
The company, Haven, will cease operations at the end of February - three years after its arrival sent shock waves through the healthcare industry
 "Amazon, Berkshire and JPMorgan will end joint health care venture")
India struggled to balance virus containment with economic growth: JPMorgan
India, Indonesia and the Philippines have struggled to balance virus containment with the need for economic growth
 "India struggled to balance virus containment with economic growth: JPMorgan")
'Outstanding at what she does': India-born rakes in billions for JPMorgan
Advising companies on M&A is one of the prestige roles in investment banking, generating both huge fees and headlines when a deal comes together
 "'Outstanding at what she does': India-born rakes in billions for JPMorgan")
JPMorgan may freeze some staff salaries, pay traders higher bonus: Report
As part of the incentive pay for traders, bonuses increase when market revenue rises
JPMorgan dominates gold market with record $1 bn precious metals revenue
The coronavirus has created a bonanza for investment banks dealing in gold, silver and other precious metals
JPMorgan sees US economy contracting next year as Covid-19 surge hits biz
The world's largest economy is expected to shrink at a 1% annualized pace in the January-to-March period, JPMorgan said in its 2021 U.S. outlook issued Friday
 "JPMorgan sees US economy contracting next year as Covid-19 surge hits biz")
Extremely bullish outlook for emerging markets: JPMorgan's Gabriela Santos
Gabriela Santos, a global market strategist at the firm's investment arm, said the asset class will benefit from a cyclical recovery in the global economy, buoyed by advances in Covid-19 vaccines
 "Extremely bullish outlook for emerging markets: JPMorgan's Gabriela Santos")
Jio postpaid plans: BofA, CLSA think its not a threat to Airtel; here's why
CLSA believes that new Jio postpaid plans are bundling three leading OTTs, but with no content exclusivity, can be matched by incumbents like Bharti Airtel
 "Jio postpaid plans: BofA, CLSA think its not a threat to Airtel; here's why")
Brexit jitters: JPMorgan Chase to move $230-billion assets to Germany
The US bank plans to finish the migration of the assets to its Frankfurt-based subsidiary by the end of the year
 "Brexit jitters: JPMorgan Chase to move $230-billion assets to Germany")
Covid-19 impact: At JPMorgan, productivity falls for WFH employees
Work output was particularly affected on Mondays and Fridays, according to findings discussed by CEO Jamie Dimon in a private meeting with analysts
JPMorgan says the market rout is probably past its worst now
Coronavirus infection rates remain a 'wild card' as they remain high even if they're 'slowing' in the US and Europe
 "JPMorgan says the market rout is probably past its worst now")
ED digs deeper into Amrapali-JPMorgan case, probes 'ultimate beneficiaries'
Amrapali group's assured returns to JPMorgan under foreign direct investment were unauthorised in nature, find ED
 "ED digs deeper into Amrapali-JPMorgan case, probes 'ultimate beneficiaries'")
JPMorgan expands commercial lending team, appoints four local experts
This is to provide Indian mid-cap companies access to leading global financial capabilities, a strong network and deep market expertise
Why has India's mega public sector banks merger plan failed to lure funds?
A prolonged shadow-banking crisis and hurdles in bankruptcy rules have left India holding the world's worst bad-debt pile
 "Why has India's mega public sector banks merger plan failed to lure funds?")
How American banks beat European peers to rule the global financial system
A decade ago, they almost brought down the global financial system. Now they rule it
 "How American banks beat European peers to rule the global financial system")
Concerns loom over Tata Power's Indonesia mining lease, say analysts
Tata Power, through its subsidiaries, holds 30 per cent stake in PT Kaltim Prima Coal and a 26 per cent stake in PT Baramulti Suksessarana Tbk mines in Indonesia
 "Concerns loom over Tata Power's Indonesia mining lease, say analysts")
JPMorgan likely to lead WeWork IPO after debt offering: Report
NEW YORK (Reuters) - WeWork owner The We Company has tapped JPMorgan Chase & Co to head an upcoming debt offering, putting the bank in pole position to lead a planned initial public offering (IPO) later this year, people familiar with the matter said.
JPMorgan takes $2-billion revenue lead over 'broken' Wells Fargo
Wells Fargo's stock slipped 2.6 per cent on Friday while JPMorgan's jumped 4.7 per cent -- the most in three years
 "JPMorgan takes $2-billion revenue lead over 'broken' Wells Fargo")