JPMorgan raises STI target, upgrades real estate sector
Analysts from JPMorgan raised their target on the Straits Times Index (STI), with a higher base and bull target of 4,500 and 5,000, respectively. They also reiterated that Singapore’s…
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JPMorgan
JPMorgan is now worth more than three largest rivals combined
The Trump administration’s embrace of the cryptocurrency industry has breathed air back into some upstarts organ Chase keeps putting more distance between itself and key…
US banks JPMorgan and Citigroup see lower recession risk despite tariff fog
Large US banks reported results that topped estimates on Tuesday as executives pointed to American economic resilience and said businesses were adapting to tariff uncertainty. Executives…
JPMorgan tells fintechs to pay up for customer data access
JPMorgan Chase has told financial-technology companies that it will start charging fees amounting to hundreds of millions of dollars for access to their customers’ bank account information…
JPMorgan to open bigger Amsterdam office after desk shortage
JPMorgan Chase will soon open a new office in Amsterdam after an expansion in the region coupled with the bank’s stricter return-to-office mandate left the biggest Wall Street lender short…
Japanese megabanks weigh Middle East evacuations, JPMorgan limits travel
[TOKYO/NEW YORK] Several major Japanese banks are considering evacuating staff from the Middle East and Wall Street giant JPMorgan has restricted employee travel in the region as tensions…
JPMorgan, Macquarie bet on S-Reits amid falling borrowing costs, MAS mandates
Singapore-listed real estate investment trusts (S-Reits) could gain from falling interest rates, particularly those with a domestic focus, as well as The Monetary Authority of Singapore’s…
JPMorgan plans to offer clients financing against crypto ETFs
JPMorgan Chase plans to let trading and wealth-management clients use some cryptocurrency-linked assets as collateral for loans, a major step by the biggest US bank to make inroads into an…
JPMorgan sees broad-based recovery, more interest in China
JPMorgan Chase is seeing a broad-based recovery in China and growing interest from foreign investors seeking to diversify, as the global tariff regime drives portfolio shifts and fuels an…
JPMorgan is long-term in China despite pressure, Dimon says
JPMorgan Chase chief executive officer Jamie Dimon said his firm is committed to long-term investments in China, despite tension between the governments of the world’s two biggest…
JPMorgan says interest income could rise this year even as uncertainty persists
JPMorgan Chase could earn more from interest payments this year as consumers and businesses remain resilient despite economic uncertainty, it said on Monday (May 19). Net interest income…
JPMorgan says AI helped boost sales, add clients in market turmoil
JPMorgan Chase’s artificial intelligence (AI) tools enabled it to boost sales to wealthy clients and manage scores of requests from worried customers even during April’s market rout, the…
JPMorgan to expand San Francisco office in boost to downtown
JPMorgan Chase is expanding its San Francisco office and committing its marquee healthcare conference to the city for another year, offering a boost to Mayor Daniel Lurie’s effort to…
US House committee calls on JPMorgan, BofA to drop roles in mega HK listing of battery maker CATL
The chairman of a US congressional committee on China is calling on Bank of America and JPMorgan Chase to withdraw from working on the Hong Kong first-time share sale of battery maker…
Morgan Stanley, JPMorgan lead US$16.5 billion bank borrowing spree
Morgan Stanley and rival JPMorgan Chase are raising a combined US$14 billion in the US investment-grade market, the first of the six biggest banks on Wall Street to tap primary debt…
JPMorgan, UBS, Nomura face South Korea short-selling fines: report
SOUTH Korea’s financial regulator is imposing fines on JPMorgan Chase, Morgan Stanley, UBS Group and Nomura Holdings for allegedly violating the country’s rules on short-selling stocks,…
JPMorgan adds buy-now, pay-later provider Klarna to its payments platform
JPMORGAN Chase’s payments processing unit is partnering with fintech Klarna to expand buy now, pay later (BNPL) options for its merchants. JPMorgan Payments will provide some 900,000…
JPMorgan plans US$4 billion US gold delivery amid tariff fears
JPMorgan Chase will deliver gold bullion valued at more than US$4 billion against futures contracts in New York in February, at a time when surging prices and the threat of import tariffs…
JPMorgan boosts Jamie Dimon’s pay to US$39 million after record profit
JPMORGAN Chase lifted chief executive officer Jamie Dimon’s pay to US$39 million for 2024, a year in which the biggest US bank beat its own record for the highest annual profit in the…
JPMorgan, Goldman CEOs resist calls to roll back DEI programmes
JPMORGAN Chase and Goldman Sachs are pushing back on demands to roll back their diversity initiatives. In television appearances on Wednesday (Jan 22), the chief executive officers of the…
Investors should ‘take a step back’ to spot opportunities for Asean amid Trump tariffs: JPMorgan
EVEN as US President Donald Trump stirs up the market with a barrage of executive orders, JPMorgan’s chief market strategist for the Asia-Pacific Tai Hui believes there is no need for…
JPMorgan quits climate finance group, following Citi, Bank of America
JPMORGAN Chase just became the last of Wall Street’s biggest banks to abandon the industry’s largest climate-finance alliance. The No 1 US bank by assets said in an e-mail on Tuesday (Jan…
GIC Picks JPMorgan to advise on US$5 billion Greenko stake sale
GIC is working with JPMorgan Chase to help advise on a strategic review of options including a sale of its 50 per cent stake in India’s Greenko Energy Holdings, people familiar with the…
JPMorgan fined S$2.4 million by MAS for misconduct by relationship managers
It charges clients a spread over the interbank prices, which were unavailable to clients JPMORGAN Chase Bank has paid a S$2.4 million civil penalty to the Monetary Authority of Singapore…