JP Morgan plans Mumbai research unit

JP Morgan Chase & Co plans to set up an offshore research department in Mumbai, in Wall Street's newest effort to lower costs in the face of weak equities business and a stricter regulatory......

SEC fines Citi, Amex, JP Morgan

The US regulators on Wednesday fined Citigroup, American Express, J.P. Morgan Chase & Co and Putnam Investments a combined $81.25 million for failing to provide customers with necessary information......

JPMorgan to lay off 4,000 at WaMu

JP Morgan Chase is planning to slash nearly 21 per cent of workforce and lay off 4,000 employees by January at Washington Mutual, which was acquired by the investment banking major in September.......

FPIs take out Rs 22,000 crore from equities in May

Foreign investors have pulled out a massive Rs 22,000 crore from Indian equities so far this month, due to uncertainty surrounding the outcome of the Lok Sabha elections and outperformance of......

Serena Williams pregnancy likely to boost sponsorship

'You take an iconic name who's now a brand and you add pregnancy to it, you get a happy story.' IMAGE: Serena Williams attends the Premiere Of EPIX Original Documentary 'Serena' at SVA Theatre on......

Advisers desert Glazer over Man U vote

The bank and public relations firm advising U.S. tycoon Malcolm Glazer on his attempt to acquire Manchester United dropped him as a client on Friday, hours after he ousted three of the English......