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.
The 72-branch bank has made much of its money-making low-cost loans to the wealthy, which reportedly included Meta Platforms CEO Mark Zuckerberg.
Washington: Four big banks will pay US $2.5 billion in fines and plead guilty to criminally manipulating global currency market going back to 2007.JPMorgan Chase, Citigroup, Barclays and The Royal Bank of Scotland conspired with
New Delhi: Troubled budget carrier SpiceJet on Friday submitted a revival plan to the government on the basis of a proposed investment of USD 200 million from founding promoter Ajay Singh and a unit of
New Delhi: Serving and managing the money of over a billion people is never an easy task. From providing plain vanilla banking services, the banks in the country have gradually transformed themselves into universal banks.
New York: JPMorgan Chase & Co. has reached a $4.5 billion settlement with investors who said the bank deceived them about bad mortgage investments.The settlement, announced Friday, covers 21 major institutional investors, including competitor Goldman
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