JPMorgan's Marko Kolanovic has previously concluded that the big shift away from actively managed investing, has escalated the danger of market disruptions
(Reuters) - JPMorgan Chase & Co unveiled a $20 billion investment plan on Tuesday to increase wages, hire more, open new branches and expand its business as it takes advantage of sweeping changes to the U.S. tax law and improved regulatory environment.
The bank recognised a $143 million mark-to-market loss on a margin loan to a single customer in its stock-trading unit
Malaysian Prime Minister Najib Razak, who chaired 1MDB's advisory board, has denied any wrongdoing
JPMorgan could not scale up real estate investments in India the way they wanted: Sources
The Reserve Bank of India held its repurchase rate at 6 per cent when it met last month
However, bank didn't say how many jobs would be created or any positions would be moved from UK
Some international banks have used the UK as a jumping off point to conduct business across the EU
REUTERS - JPMorgan Chase & Co reported a nearly 17 percent jump in quarterly profit on Thursday, thanks to a surge in trading activity and securities issuance that helped its Wall Street businesses.
SEC said, recommended hires could bypass JPMorgan's normal hiring program, receiving preferential treatment
Investment banks have a long history of employing the children of China's politically connected
Wall Street banks like JPMorgan hold only minority stakes in such ventures
Global investment banks like JPMorgan often hold only minority stakes in such ventures
Millenials are irresistible demographic for the financial industry, which is why banks do everything possible to ensure that these digitally native customers stay loyal
As many as 16 banks sued for allegedly manipulating key Australian interest rate
The bank's shares rose 2.2% while the S&P financial index's 1.15% gain led the gainers among the 10 major S&P sectors
The branches and headquarters in UK helped JPMorgan produce $14.2 billion worth of revenue last year
The lender expects the branches to be operational in the next few months
Says the Justice Department's criminal division is among regulators investigating its hiring practices in Asia
JPMorgan has already cut more than 25,000 jobs since 2011