Page 5 - Jpmorgan

JPMorgan chief Dimon to sell some of his own company stock for first tim

The sale is not related to leadership succession, a company spokesman said. Dimon is not currently planning to sell more stock, but could consider doing so in the future, the spokesman added

JPMorgan index-bound Indian bonds lure foreigners, but flows to start later

"This pace, however, may not sustain at least in the immediate future as globally investors will eye developments in the Middle East conflict and what impact it could have on oil prices"

The new pitch for bond dealers to bat on

Treasury managers are padding up for the new norms for the classification, valuation and operation of investments

Major US banks report rising profits, cautious on economic outlook

JPMorgan's profit jumped 35 per cent on the year-ago quarter, while Wells Fargo profit surged 60 per cent. Citigroup reported a more modest year-on-year 2 per cent gain

JPMorgan profit rises on interest income boost, First Republic purchase

Shares of the bank fell 0.7% in premarket trading

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

RBI raises guardrails ahead of global index inflows, may sell bonds

The inflows will add to the RBI's challenge of keeping liquidity on a leash even as it may need to buy dollars to prevent a sharp appreciation in the rupee

ICICI Bank sees $10 bn of flows before India's entry to global bond index

As markets anticipate inclusion of the debt in other indexes, including the Bloomberg Global Aggregate, the flows could rise to $50 billion by the end of next year

JPMorgan settles claims that it enabled Epstein's sex trafficking acts

JPMorgan Chase has agreed to pay USD 75 million to the US Virgin Islands to settle claims that the bank enabled the sex trafficking acts of financier Jeffrey Epstein. JPMorgan said on Tuesday that USD 55 million of the settlement will go toward local charities and assistance for victims. Another USD 20 million will go toward legal fees. The Virgin Islands, where Epstein had an estate, sued JPMorgan last year, saying its investigation has revealed that the financial services giant enabled Epstein's recruiters to pay victims and was indispensable to the operation and concealment of the Epstein trafficking enterprise. Epstein died by suicide in a federal jail in 2019.

JPMorgan sees India in its top 3 fastest-growing Asia markets in 2024

Global corporations like Apple Inc have stepped up production out of India while others like Tesla are in discussions to begin manufacturing in the country

'America's natural ally': Five things JPMorgan chief Dimon said about India

Jamie Dimon said that given the changes in the global dynamics, war in Ukraine and the USA's tensions with China, India will be its 'best ally' for the next 100 years

JPMorgan adding Indian bonds will see public finances scrutinised

Foreign exchange reserves, which are higher than last year, and the credibility of the regulators will work in favor of the South Asian country, CIO SBI Funds said

Nomura retains negative view on rupee despite JPMorgan index inclusion

Actual inflows may be smaller with some real money managers that they tracked already invested about 2%-3% on average, the brokerage said

Inclusion in JP Morgan's Bond index to aid BoP improvement: Experts

India's can manage address oil price hike better

Indian bonds in global markets

Increasing foreign presence in the debt market will release the pressure on our banks and free up money for lending since demand for loans is far higher than deposit mobilisation

Two or three other indices may also include India: PNB Gilts MD & CEO

Goel said that there are two or three other indices that may also include India

Govt bonds' JP Morgan index inclusion to boost rupee, help finance CAD: CEA

Fiscal, monetary policies will need to be cognizant of global perceptions and sensitivities, says Nageswaran

Bonds settle lower after initial euphoria on JPMorgan's index inclusion

The yield on the benchmark 10-year bond settled at 7.19 per cent, against 7.16 per cent on Thursday

What would India's inclusion in JPMorgan's bond index mean for its markets?

Currently, 23 Indian Government Bonds (IGBs) with a combined notional value of $330 billion are index eligible, JPMorgan said

Indian bonds, and rupee surge post inclusion in JPMorgan EM bond index

Market experts are projecting approximately $30 billion in inflows into the government bond market following India's inclusion in the index