TOPIC
 / company

JPMorgan Chase

Illustration: Henry Wong

Global CEOs see new hopes, old threats in Hong Kong vs Trump 2.0

‘People are leery of investing a lot of money in a country that is part of geopolitical tensions,’ Oaktree Capital’s Howard Marks says.

BlackRock’s AI is watching – and helping to make stock picks

Hong Kong’s family business event wraps up with talk on US-China ties

2024 FBS Summit: Hong Kong event gathers family business owners

More than 100 business owners gathered at the closed-door, principals-only 2024 Family Business Summit in Hong Kong over the weekend.

Catherine So, CEO of South China Morning Post, delivered her welcoming remarks during the opening day of the 2024 Family Office Summit in Hong Kong, on November 16, 2024. Photo: Jelly Tse

Who is JPMorgan Chase & Co. CEO Jamie Dimon’s wife, Judith Kent?

The pair met at Harvard Business School where she paid for drinks on their first date, but on the couple’s 15th wedding anniversary, Dimon gifted her a stock certificate worth a third of his net worth.

China’s finance sector liberalisation to favour foreign firms: BOC chairman

China’s financial reforms will open up opportunities for foreign players in the vast and growing market, Ge Haijiao says.

Advertisement
Advertisement

Exclusive | Hong Kong to turn bankers’ summit into calendar ‘anchor’ on popular demand

The summit is pivoting from the publicity objective of its 2022 inaugural edition to making Hong Kong the venue to discuss issues that affect global banking.

videocam
6
Chief Executive of Hong Kong SAR John Lee Ka-chiu (right) and Financial Secretary Paul Chan Mo-po during the second Global Financial Leaders’ Investment Summit at the Four Seasons Hotel in Central on 7 November 2023. Photo: May Tse.

Innovation economy prompts JPMorgan to add to Asia-Pacific headcount

US bank will add 10 per cent to its corporate banking staff in the unicorn-rich region in the next year.

Troubled Chinese developers use Hong Kong project to refinance US$1 billion loan

Logan Group and KWG Group Holdings signed a US$1.05 billion refinancing deal arranged by JPMorgan to roll over a loan due on August 25, sources said.

videocam

Chinese self-driving firm WeRide seeks up to US$440 million in US IPO, placement

A group of investors agreed to buy US$320.5 million worth of WeRide’s ordinary shares via private placements.

videocam
A WeRide robotaxi on the road. Photo: Handout

Chinese builders Logan, KWG near private refinance deal on US$1.3b loan: sources

Investors are targeting a 13 per cent annualised yield for the private deal on the loan that financed The Corniche in Ap Lei Chau, according to sources familiar with the matter.

videocam
An artist’s illustration of the The Corniche development in Ap Lei Chau, Hong Kong. Photo: Handout

Hong Kong still magnet for rich despite Dubai prince family office saga: experts

Middle East expert says affair leaves a ‘bad taste’ in Dubai and Hong Kong, but financial hub can still attract investment from region.

15

JPMorgan finds ‘upside’ in tech stocks as China bear turns bullish

‘Macro indicators which are showing early indication of a stabilisation’ have driven a rally, according to a JPMorgan analyst known for his bearish stance.

Shein, fast-fashion giant founded in China, said to be filing London IPO

The company, which runs a large sourcing centre in southern China, reportedly will file a confidential prospectus in the coming days.

A Shein pop-up store in Ottawa, Canada. Photo: Reuters

Alibaba’s Taobao, Tmall show strong sales momentum during 618 shopping festival

About 185 brands – including Apple, Xiaomi and Huawei – have each achieved more than US$13.8 million in gross merchandise value on Taobao and Tmall during the initial period of promotions.

Alibaba Group Holding’s e-commerce apps Taobao and Tmall are at the forefront of the company’s 618 shopping festival promotions. Photo: Reuters

Hong Kong bankers get welcome lift from convertible bond frenzy

Convertible bond issues are seen growing in popularity across the Asia Pacific region as companies seek to lower their interest costs at a time when the primary equity market is sluggish.

Exclusive | Hong Kong IPO outlook brighter as rally reflates valuations, confidence: JPMorgan

A stock market rally in Hong Kong has helped raise valuations and improve sentiment among investors, feeding a recovery in fundraising activities in the city and on bourses in mainland China, JPMorgan says.

Advertisement
Advertisement

JPMorgan CEO Jamie Dimon says succession plan is ‘well on the way’

Earlier this year, Dimon, 68, moved some of his top lieutenants into new senior roles, positioning them for more experience running the bank’s operations as he prepares potential successors.

Jamie Dimon has been at the helm of JPMorgan Chase since 2006. Photo: Reuters

BlackRock whistle-blower sues over firing, shutdown of China monitoring tool

Hamdan Azhar said asset manager fired him after he objected to a colleague’s self-dealing, and was forced to shut down search engine that monitored client discussions on illegal investments, including in China.

videocam

Exclusive | Hong Kong has succeeded in attracting family offices: JPMorgan Private Bank

Hong Kong’s tax breaks and immigration policies to attract tycoons to set up family offices have been quite successful, as they have piqued the interest of many billionaires over the past year, banker says.

China’s e-commerce market still has ‘ample room’ for growth: JPMorgan analyst

The mainland’s e-commerce sector achieved a 12 per cent overall growth in the March quarter, according to data from JPMorgan.

The upbeat forecast for China’s e-commerce market reflects the better-than-expected financial results of industry stalwarts Alibaba Group Holding and JD.com in the March quarter. Photo: Shutterstock

HSBC sees growth in loans to ultra-rich backed by art, jets, other assets

The bank has ‘quite an active pipeline’ of loans based on such collateral owned by ultra-high-net-worth individuals, who are often asset-rich but liquidity-constrained, private banker says.

videocam
A visitor poses for photos with the artwork “Lollipop Bear” by Eguchi Ayane at Art Basel at the Hong Kong Convention and Exhibition Centre in Wan Chai on March 27, 2024. Photo: Eugene Lee

Blockchain’s US woes no problem for Money20/20 Asia, where excitement is high

Blockchain made up about 15 per cent of the talks at Money20/20 Asia this year, just slightly below the proportion of talks on AI, as interest remains high in Asia.

BNP Paribas hires 30 to build up new China securities unit

BNP Paribas marks its re-entry into China’s market with hires, at a time when Morgan Stanley, Goldman Sachs and JPMorgan have all made rounds of job cuts in Hong Kong and China

JPMorgan’s Dimon lays out his vision for the future of money in an AI world

AI is likely to make dramatic improvements to workers’ quality of life, but as with every new technology, some jobs will also be lost, Dimon says.

videocam
JPMorgan Chase CEO Jamie Dimon has likened AI to the ‘printing press, the steam engine, electricity, computing and the internet’. Photo: Reuters

Hong Kong, China bankers to bear the brunt of Morgan Stanley’s job cuts

More than 40 of the 50 jobs the Wall Street firm plans to cut will be from Hong Kong and mainland China. Morgan Stanley joins a host of banks that have laid off bankers this year.

Morgan Stanley’s net revenue from Asia fell 12 per cent to US$1.74 billion in the first quarter, even as its global results topped forecasts. Photo: Reuters

Wall Street hunts for next wave of AI winners beyond the US

At a time when the global euphoria about AI has propelled a three-fold surge in Nvidia’s stock, investors are pointing toward emerging markets for better value and a bigger pool of options.

videocam

Exclusive | JPMorgan’s faith in Hong Kong’s financial reputation unshaken 100 years on

The New York-based bank will continue to invest in Hong Kong, betting that the city where it has been doing business for a century can recover when the economic cycle turns, and live up to its potential as the financial centre of the world’s second largest economy.

videocam
9
Advertisement
Advertisement
Help preserve 120 years of quality journalism.
SUPPORT NOW
JPMorgan Chase
JPMorgan Chase is the largest bank in the United States, and one of the world’s largest public companies.
CFO / Finance Director
Jamie Dimon (Chairman, CEO & President)
Website
jpmorganchase.com
Headquarters address
270 Park Avenue New York, NY 10017 U.S.
Stock Code
NYSE:JPM
Year founded
2000
last updated:
30 September, 2024
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement