RBI reassures investors amid bond restrictions
The Reserve Bank of India (RBI) has moved to allay concerns over recent restrictions imposed on foreign ownership…
Browsing Tag
JPMorgan Chase & Co.
Philippines in talks with JPMorgan for peso bonds inclusion
The Philippines is currently in discussions with JPMorgan Chase & Co. to include its peso bonds to the US…
India bond market sees record foreign buying
Indian government bonds eligible for index inclusion received record overseas inflows last week.
S. Arabia plans Nupco IPO
Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF) is advancing with an IPO for Nupco, the…
Kuwait’s KSCP mulls buying stake in Saudi Investment Bank
Kuwait Finance House KSCP is considering purchasing a significant stake in Saudi Investment Bank as deal activity…
Mastercard, US banks test tokenised settlement
Mastercard Inc. is teaming up with some of the largest US banks to explore shared-ledger technology, enabling the…
Abu Dhabi raises $5b from eurobond market after 3-yr hiatus
Abu Dhabi has entered the Eurobond market for the first time since 2021, raising a substantial $5 billion in what…
Abu Dhabi to re-enter eurobond market after 3-yr absence
Abu Dhabi is entering the eurobond market for the first time in roughly three years, a move prompted by diminishing…
Morgan Stanley enters bond market post Q1 revenues announcement
Morgan Stanley is entering the bond market just after announcing first-quarter revenue that surpassed expectations,…
China solar stocks soar on curtailment relief hopes
Chinese solar stocks soared on Monday as investors expected the government to ease limits on solar power…
S. Arabia borrows $12bln in bonds
Saudi Arabia has raised $12 billion from foreign debt, marking its biggest borrowing since 2017, during a…
US banks save up reserves after First Republic Bank rescue
JPMorgan Chase and Co, Wells Fargo & Co, Citigroup Inc and Bank of America are setting $100 million each in Q1…
Wall Street expected to report shortage in earnings
Most Wall Street banks are expected to report lower quarterly earnings and have a hard time for the rest of the…
JPMorgan acquires fintech Renovite to help it combat Stripe and Block
JPMorgan Chase & Co has agreed to acquire payments of a start-up called Renovite in order to stave off threats…
JPMorgan to pay more than $135 mln for improper handling of ADRs
JPMorgan Chase & Co will pay over $135 million to settle charges it mishandled so-called “pre-released”…
JPMorgan ends WaMu disputes with FDIC, to receive $645 million
JPMorgan Chase & Co (JPM.N) on Friday said it will receive $645 million in a settlement of litigation with the…
JPMorgan to stop settling government securities for dealers
JPMorgan Chase & Co (JPM.N) will stop settling U.S. government securities transactions for most dealers by the…
JPMorgan, Citi shareholders to vote on potential breakup plans
Shareholders of JPMorgan Chase & Co (JPM.N) and Citigroup Inc (C.N) will get to vote on whether their banks…
JPMorgan may hold steady on cost target despite low interest rates
At JPMorgan Chase & Co's (JPM.N) annual investor day on Tuesday, one big question will be at the top of…
JPMorgan Chase says it is building a rival to Apple Pay
JPMorgan Chase & Co (JPM.N) said on Monday it will soon launch its own competitor to Apple Pay that will allow…
Goldman, JPMorgan say to fire 30 analysts for cheating on tests
Goldman Sachs Group Inc. is dismissing around 20 analysts globally in offices including London and New York after…
JPMorgan wins again dismissal of whistleblower lawsuit in U.S
JPMorgan Chase & Co (JPM.N) won Friday the dismissal of a U.S. whistleblower lawsuit filed by a former vice…
JPMorgan buys more mortgages from other lenders as market shrinks
JPMorgan Chase & Co, looking to stem falling revenue in its mortgage business as fewer Americans refinance, is…
JPMorgan uses its might to cut costs in credit card market
JPMorgan Chase & Co. is cutting prices for a group of its credit card customers and getting Visa Inc to…
JPMorgan to move 2,150 Jobs to New Jersey from New York
JPMorgan Chase & Co (JPM.N) will move more than 2,100 jobs from Manhattan to New Jersey to benefit from an…
JPMorgan pays over $125mln to settle U.S. Credit Card Debt Probes – Reuters
JPMorgan Chase & Co has agreed to pay at least $125 million to settle probes by U.S. state and federal…
Bank Parents or Main Units seen Pleading Guilty over FX: Sources
The parent companies or main banking units of as many as five major banks, rather than their smaller subsidiaries,…
JPMorgan in Advanced Talks to settle Forex Investigation
JPMorgan Chase & Co (JPM.N) said on Tuesday it is in "advanced stages" of settlement talks with the U.S.…
JPMorgan: Profit surges as Fixed-income Trading rebounds
JPMorgan Chase & Co, the biggest U.S. bank by assets, reported Tuesday a better-than-expected quarterly profit…
Exclusive: Cyber IPO Pipeline grows as Data Breaches Boost Security Spending
Rapid7, LogRhythm and Mimecast are joining a growing list of cybersecurity firms planning to go public in 2015 to…
U.S. Banks’ Buybacks, Dividends May be No Reason for Shareholder Celebrations
Big U.S. banks, including JPMorgan Chase & Co (JPM.N) and Citigroup Inc (C.N), are expected to win Federal…
Telecom Egypt Said to Narrow Adviser Shortlist for Sale
Lazard Ltd. and EFG-Hermes Holding SAE are competing with JPMorgan Chase & Co. to advise Telecom Egypt on the…
Banks to Launch New Tool to Fight Hackers: WSJ
A group of cybersecurity firms funded by big banks plan to launch a platform that will allow financial companies to…
Broadcom to Explore Options for Cellular Baseband Business
Broadcom Corp. (BRCM), a maker of communications chips, said it will explore strategic options for its cellular…
JPMorgan Profit Beats Estimates on Lower Costs, Provisions
JPMorgan Chase & Co reported a better-than-expected adjusted quarterly profit as the biggest U.S. bank kept a…
HSBC Said to Reject Euribor Probe Deal as EU Readies Fine
HSBC Holdings Plc (HSBA) dropped out of talks to settle a European Union antitrust probe into rigging of Euribor…
JPMorgan Said to Settle CFTC London Whale Trading Probe
JPMorgan Chase & Co. (JPM) has agreed to pay about $100 million to resolve the Commodity Futures Trading…
JPMorgan Said to Pay $900 Million to Settle Whale Probes
JPMorgan Chase & Co. (JPM) is poised to pay about $900 million to settle U.S. and U.K. claims that lax internal…
America Movil Secures Funding for $9.7 Billion KPN Bid
America Movil SAB (AMXL) said it has secured the funding to finance its 7.2 billion-euro ($9.7 billion) bid for…
JPMorgan Trading Charges Said to Be Announced Today
The U.S. may announce charges as early as today related to JPMorgan Chase & Co.’s trading losses last year, a…