While JP Morgan believes 'cash is king' given the uncertainty that lies ahead, selective buying from a long-term perspective can be done in defensive plays
According to analysts, the extreme volatility seen in the Indian equity markets is unlikely to change anytime soon and traders should minimise the risk by opting for hedged options strategies
The forecast assumes the Fed will continue to find "creative" ways to support the economy and that the Trump administration and Congress deliver fiscal support of $1 trillion
Depositors are a subset of taxpayers. A depositor also pays tax. So what he gains as a depositor he may well be losing as a taxpayer
Proceeds to be used to shore up liquidity
Hopeful that moratorium on withdrawal will be lifted by Friday, says bank administrator
Macquarie has suggested that taxpayers will the biggest casualty in the government-approved bailout plan for YES Bank
Macquarie Capital Securities also said if State Bank of India (SBI) decided to buy stake in the bank, they should buy it at Rs 1 per share as the net worth is hugely impaired
Gill had the unenviable task of steering a troubled entity with legacy issues. But he could have been more proactive
Dimon, 63, experienced a tear in his heart's main artery, which was detected early and treated successfully, JPMorgan said, publicly releasing an internal memo
The bonds will be listed on Singapore exchanges. JP Morgan, UBS and CLSA are the merchant bankers for the issue
ED said it has prima facie found that there was violation of FEMA norms by the US-based JP Morgan and a complaint in this regard has been lodged
Sales momentum should help the company double its quarterly cash flows from the residential business over the next two quarters, as compared to the run rate it was achieving in the past
In the investment banking & markets cohort, HSBC was the highest recruiter, extending eight offers
This is part of the consultancy's $350-million global commitment over five years
The total return for the index in that period is less than 2 percentage points more than for cash
JPMorgan invested around Rs 85 crore in an Amrapali Group company's shares and later sold them to an office boy and nephew of the auditor for Rs 140 crore
Wall Street fathers won a major victory on Thursday, with JPMorgan Chase agreeing to pay USD 5 million to male employees who felt discriminated against over parental leave. The leading US bank in terms of assets reached an agreement with plaintiffs in a class-action lawsuit accusing it of not granting them the same rights as mothers. The complaint covered the period from 2011-207 and was filed jointly by the Ohio branch of the American Civil Liberties Union and the Outten & Golden LLP law firm on behalf of JPMorgan Chase fathers. Derek Rotondo, an employee who became a father, was the first to raise the issue, accusing the bank of not granting him the same parental leave rights provided to female employees. "I love my children, and all I wanted was to spend time with them when they were born," Rotondo said in a statement from the ACLU. "I'm proud that since I filed my charge, Chase has clarified its policy to ensure that both male and female employees who wish to be the primary ..
The coin can be redeemed for a US dollar, so its value will largely remain stable
For investors, the key takeaway is that the days of brisk margin expansion for private banks may be well behind them as they once again chase retail customers to shore up deposits