Browsing Tag
jp morgan
Jp Morgan: JP Morgan starts blockchain clearing of USD in GIFT City – Times of India
MUMBAI: JP Morgan, the largest bank by mcap, has introduced a real-time interbank US dollar-settlement pilot project in Gujarat International Finance Tec-City (GIFT City) through its blockchain platform, Onyx. The six banks that have joined!-->!-->…
JP Morgan hikes India’s FY24 GDP forecast to 5.5% – Times of India
NEW DELHI: JP Morgan raised its forecast for India's annual growth by 50 basis points to 5.5% for fiscal 2024, but warned that a global economic slowdown and tighter financial conditions will still drag the economy.The change comes after…
JPMorgan Chase conveys about 1000 First Republic Bank employees of job loss
JPMorgan Chase & Co has intimated about 1000 First Republic Bank employees that they will not have a job as the banking giant integrates the failed lender which it bought earlier in May, said Reuters citing a person familiar with the…
JPMorgan to lay off nearly 1,000 First Republic employees: Report
JPMorgan Chase & Co. notified about 1,000 First Republic Bank employees that they aren’t being given jobs — even temporarily — following its takeover of the failed lender.
Former First Republic employees who weren’t offered…
Apple bans use of ChatGPT for employees – Times of India
After Samsung, Goldman Sachs, JP Morgan, and a few other corporations, Apple has banned the use of ChatGPT and similar generative AI chatbots like Bardand Bing, among its employees, as the Cupertino giant plans to develop a similar!-->!-->!-->!-->!-->!-->!-->!-->!-->!-->…
First Republic Bank Seized by Regulators, JPMorgan To Acquire
First Republic Bank had total assets of about $229 billion and total deposits of about $103.9 billion as of April 13, 2023. (Photo: Reuters)JPMorgan will “assume all deposits, including all uninsured deposits, and substantially all assets”…
India Inc turns to defence veterans to fill talent gap
After 20 years in the Indian Army - where he was deployed in counterinsurgency operations along the Line of Control in Jammu & Kashmir-Lt Col Rahul Ghangas (Retd) joined Amazon as a senior operations manager with the competitor…
JP Morgan set to acquire assets of First Republic Bank after its closure
US-based First Republic Bank was closed on Monday (local time) by the local regulators and entered into an agreement with JP Morgan Chase Bank to purchase and assume all deposits and assets of the troubled bank in a bid to protect…