TOPIC

/ company

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

J.P. Morgan Private Bank released its inaugural Global Family Office Report earlier this year. Photo: J.P. Morgan Private Bank

Top priorities for family offices

J.P. Morgan Private Bank report reveals how wealthy families can adapt in a complex world

New Global Family Office Report highlights governance, succession planning, investment management and cybersecurity as key areas of concern.

In partnership with:

J.P. Morgan Private Bank

Focus

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

25 Nov 2024 - 10:26AM

Banking & finance

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

18 Nov 2024 - 7:30AM

Family offices

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

The second day of the by-invitation event kicked off with a discussion about opportunities in Asean with Malaysia at the helm.

17 Nov 2024 - 11:08PM

Pre-conference dinner of the 2024 Family Business Summit at the Four Seasons Hotel on November 15, 2024. Photo: Jonathan Wong.

Family offices

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.

18 Nov 2024 - 5:15PM

Fame and celebrity

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.

28 Oct 2024 - 11:35AM

Banking & finance

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.

22 Oct 2024 - 7:18PM

Ge Haijiao, chairman of Bank of China, delivers a speech during the Sibos conference in Beijing on Tuesday. Photo: Getty Images

Banking & finance

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.

22 Oct 2024 - 9:49AMvideocam

Banking & finance

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.

23 Sep 2024 - 8:00AM

Banking & finance

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.

12 Aug 2024 - 4:17PMvideocam

The Corniche is a 295-unit luxury housing project in Ap Lei Chau. The project’s developers have only sold 31 units so far. Photo: Google Maps

Autonomous vehicles

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.

10 Aug 2024 - 11:26AMvideocam

A WeRide robotaxi on the road. Photo: Handout

Hong Kong property

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.

5 Aug 2024 - 7:30AMvideocam

Hong Kong economy

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.

19 Jul 2024 - 8:30AM

Tencent

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.

20 Jun 2024 - 11:29AM

Tencent Holdings’ headquarters building in Shenzhen, China. Bellwethers like Tencent have led a tech-stock rebound as Beijing pivoted from a wide regulatory crackdown to focus on bolstering the economy. Photo: Bloomberg

E-commerce

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.

4 Jun 2024 - 8:21PM

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

Alibaba

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.

3 Jun 2024 - 9:00PM

Banking & finance

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.

31 May 2024 - 10:13AM

Banking & finance

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.

24 May 2024 - 4:34PM

JPMorgan head office building in Central, Hong Kong. Photo: Sun Yeung

Banking & finance

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.

21 May 2024 - 10:14AM

BlackRock

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.

21 May 2024 - 3:04AMvideocam

Banking & finance

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.

20 May 2024 - 12:13PM

The Hong Kong government’s measures to entice billionaires to set up family offices is paying off. Photo: Yik Yeung-man

E-commerce

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.

17 May 2024 - 7:12PM

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

Millionaires and billionaires

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.

2 May 2024 - 8:30AMvideocam

Blockchain

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.

2 May 2024 - 2:42PM

Banking & finance

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

22 Apr 2024 - 11:27AM

Banking & finance

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.

18 Apr 2024 - 9:30AMvideocam

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

Banking & finance

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.

17 Apr 2024 - 2:41PM

Artificial intelligence

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.

7 Apr 2024 - 11:20PMvideocam

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