E-PaperJp Morgan News
JPMorgan global bond index: What does it mean for India?
India will be included in the JP Morgan GBI-EM. It will give the index investors diversification and an opportunity to earn a decent yield on Indian Government securities. India will benefit from forex inflows, lower borrowing costs, support for Indian Rupee, etc.
3 min read9 Oct 2023HDFC To Be World’s 4th Biggest Bank After Merger; Enters Big Boys League | Details
According to a Bloomberg report, HDFC will soon join the ranks of some of the world’s most valuable banks. HDFC Bank Ltd is all set to merge with the housing development finance corporation on 1st July. This merger will make the new entity the world’s 4th largest bank in terms of market capitalisation, behind only JP Morgan, Industrial and Commercial Bank of China Ltd. and Bank of America Corp.
30 Jun 2023JPMorgan posts surprise jump in profit on lower credit costs
JPMorgan Chase & Co., in its third quarter under the shadow of the pandemic, showed that the surge in trading is holding up -- and so are borrowers.Those improvements and a 9% gain in investment-banking fees led to the most profitable quarter of 2020.
2 min read13 Oct 2020JP Morgan says Joe Biden's victory could mark shift in stock market
Analysts say that they’re ‘warming’ to a possible switch of market leadership after the U.S. vote, with Biden holding a comfortable lead in national polls over President Donald Trump a month before Election Day
3 min read6 Oct 2020JPMorgan braces for loan losses as trading props up profit
While the shares of JP Morgan rose by 2% as profits and total revenues surpassed the estimated figures
2 min read14 Jul 2020JPMorgan Puts Plans for Ohio Office Return on Hold Indefinitely
JP Morgan has retracted its decision of calling employees back to the offices in various U.S. provincesRise is several states such as Ohio have led to serious health adversity and concerns regarding the safety
1 min read8 Jul 2020ED can attach JP Morgan's properties in Amrapali case, says SC
The ED told the top court that it has prima facie identified ₹187 crore in the accounts of JP Morgan, as proceeds of crimeOn January 13, top court had orally asked the ED to attach Indian properties of JP Morgan
4 min read22 May 2020JP Morgan cuts Yes Bank target price to ₹1
Investors will likely want the bank to be acquired at near zero valueIt remained to be seen if additional tier-1 capital will be called for dilution
2 min read5 Mar 2020ED probes beneficiaries of Amrapali group’s homebuyers’ money
The probe agency is now looking into the money trail of the Amrapali group’s homebuyers’ fundThe probe agency’s move comes in the wake of the Supreme Court on Monday directing the Enforcement Directorate to attach Indian properties of JP Morgan
1 min read16 Jan 2020SC directs ED to attach assets of JP Morgan for transacting with Amrapali Group
ED tells SC it has prima facie found that JP Morgan has transacted in violation of FEMA norms and a complaint has been lodgedSC directs ED to attach properties of JP Morgan for transacting with now defunct Amrapali Group
1 min read13 Jan 2020Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared