JPMorgan Chase CEO Jamie Dimon commended PM Modi for pulling 400 million people out of poverty through inclusive financial programmes. He also called the Indian leader "tough" for breaking old bureaucratic norms and opening bank accounts for 700 million people.
New York: Prime Minister Narendra Modi ended the day with a dinner with more than 40 top CEOs of United States at New York's Waldorf Astoria hotel.The Prime Minister's Office tweeted that the meeting involved
New York: JPMorgan, the nation's largest bank by assets, plans to cut 3,000 more jobs this year than previously planned in its card and mortgage business units.The bank said in February that it was planning
Mumbai: J P Morgan Asset Management India today launched a new scheme ‘JP Morgan India Top 100 Fund', which is an open-ended equity growth scheme that seeks capital appreciation by investing in select blue chip
Mumbai: Though the outcome of the general elections will offer a short-term boost to the market, a sustained rally will be determined by the economic data, according to a JP Morgan Asset Management report.Although investors
New York: JPMorgan is selling its physical commodities business for $3.5 billion to the energy and commodities trading company Mercuria Energy Group Ltd. Last summer JPMorgan said that the possibility of new regulations on whether
Mumbai: Bharti Airtel today mopped up euro 50 million from an international bond sale as it readies for he spectrum auction next month, merchant bankers said. The country's largest telecom firm raised the money at
New York: The US authorities are believed to be scrutinising the hiring practices of banking giant JP Morgan Chase in India, South Korea and Singapore following a probe into its activities in China regarding hiring
New Delhi: JPMorgan has downgraded Indian markets to 'neutral' from 'overweight' because of falling rupee, faltering economic growth and reversal of flows.The rupee fell to an all-time low of 64.15 versus US dollar on Tuesday.
New York, Aug 9: The US Justice Department is investigating JPMorgan Chase over mortgage-backed investments the bank sold in the run-up to the financial crisis.The New York-based bank said in a regulatory filing that it
Mumbai, Aug 25: With the government unable to unleash any new reforms even after a month of P Chidambaram assuming charge in the North Block, American brokerage JP Morgan today warned that the recent bull-run
Vadodara, Sep 27: J P Morgan India Chief Executive Officer Kalpana Morparia has said India, one of the fastest-growing major economies, is on the verge of reaping a significant demographic dividend. “India is amongst the
Mumbai, Sep 13: The stock market barometer Sensex is set to touch 22,000-mark by December from the present 16,400 levels, despite a decline in the overall business confidence, says a JP Morgan Asset Management survey.
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