Egypt, JPMorgan discuss expanding cooperation to support investment, reforms
Egypt’s Minister of Investment and Foreign Trade, Hassan El-Khatib, met with Daniel Pinto, Vice Chairman of…
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JPMorgan Chase
Egypt, JPMorgan in talks to boost investment collaboration
Egyptian Minister of Investment and Foreign Trade, Hassan El-Khatib, held a meeting with a delegation from JPMorgan…
Singapore c.bank fines JPMorgan $2.4m for misconduct by relationship managers
The Monetary Authority of Singapore (MAS) announced on Monday that it had levied a $2.4 million civil penalty on…
HSBC faces €31.7m penalty after EU court decision
HSBC has lost its challenge against a 31.7 million euro ($33.4 million) fine imposed by the European Union (EU) for…
Philippines eyes inclusion in JPMorgan EM debt index
The Philippines is targeting inclusion in JPMorgan Chase & Co.'s local-currency emerging-market debt index in…
JPMorgan Chase plans African expansion
JPMorgan Chase, the largest US lender, is planning to enter Kenya and Ivory Coast this year as part of its strategy…
JPMorgan CEO to visit Africa for expansion push
JPMorgan Chase CEO Jamie Dimon is set to return to Africa in mid-October, marking his first visit in seven years,
RBI reassures investors amid bond restrictions
The Reserve Bank of India (RBI) has moved to allay concerns over recent restrictions imposed on foreign ownership…
India’s bond inflows slow after index inclusion
Foreign investments in India's sovereign bonds declined for the second week in a row after the country was added to…
JPMorgan raises NII forecast to $91b
JPMorgan Chase revised its forecast for net interest income (NII) on Monday, which represents the earnings from…
Russian court revokes JPMorgan fund seizure
A Russian court overturned the decision to seize a portion of JPMorgan Chase’s assets in Russia amidst a legal…
BofA profits decline in Q1 ’24
Bank of America (BofA) witnessed a decline in its profits on Tuesday, attributed to reduced earnings from customer…
Goldman plans to expand credit portfolio to $300b
Goldman Sachs Asset Management, a unit of Goldman Sachs Group, plans to grow its private credit portfolio to $300…
Bank of America’s earnings increase, exceeding expectations
Bank of America (BofA) has reported on Tuesday a 15 percent increase in its first quarter profits, exceeding…
Silicon Valley Bank’s collapse disrupts tech sector
Tech sector suffered deep disruption caused by the demise of Silicon Valley Bank (SVB), the sector's most enabling…
JPMorgan, other U.S. banks flooded with clients post SVB crash
A huge number of customers have applied to shift accounts to large U.S. banks such as JPMorgan Chase &Co. and…
S&P 500 ends at record, topping June high, on bets for a strong earnings season
U.S. stocks surged to record levels on Friday as earnings season kicked off. The S&P climbed 0.6 percent to…
European stocks fall; sentiment dented by Wall Street, Asia
European stock markets edged lower in morning trade Wednesday after a disappointing start to the U.S. corporate…
JPMorgan Fund in Talks on Taking $200 Million Stake in India’s SpiceJet: Paper
A fund managed by JPMorgan Chase (JPM.N) is in advanced talks to partner with Indian carrier SpiceJet Ltd's…
US Stocks Rise As Fewer File for Jobless Benefits; Factory Orders Fall
U.S. stocks rose on Thursday as investors monitored economic reports and developments in Ukraine. Crimea's…
Jpmorgan Chase To Pay $4.5 Billion In Mortgage Security Deal
JPMorgan Chase & Co said on Friday it agreed to pay $4.5 billion to settle claims by investors who lost money…
Twitter Picks NYSE for IPO Even As Losses Widen
Twitter Inc revealed on Tuesday a tripling in quarterly losses as it prepares to list on the New York Stock…
Deutsche Telekom Wins Watchdog Approval For Faster Web
Deutsche Telekom AG (DTE), Germany’s largest phone company, won permission to offer speedier Web access in most…
JPMorgan To Cut Up To 17,000 Jobs By End Of 2014
JPMorgan Chase & Co said on Tuesday that it plans to cut 17,000 jobs by the end of 2014, representing about 6.6…