Tuesday, January 19, 2021
Tags JPMorgan Chase

Tag: JPMorgan Chase

JPMorgan Set to Become First Foreign Bank to Fully Own Mutual Fund Vehicle in China

Storied American investment bank JPMorgan has entered an agreement to buy out the stake of the local joint-venture partner in its Chinese...

JPMorgan Chase Frets over China’s Fintech Progress

The head of JP Morgan Chase said that the banking giant is concerned about China's rapid strides in the fields of artificial...

JPMorgan Chase Seeks to Establish Majority-owned Securities Joint-venture

JPMorgan Chase has announced that it has applied with China's securities regulator to establish a majority owned joint-venture securities firm, following the recent lifting...

JP MorganChase Lifts GDP Forecast for China in 2018

A slew of leading financial institutions expect Chinese GDP growth to accelerate in 2018 on the back of robust consumption and rising capital investment...

JPMorgan Wants Opening of Finance Sector to Pave Way for Solo Operation

JPMorgan Chase wants regulators to raise the cap on equity holdings by foreign investor, in the hope of expanding its wholly invested operations in...

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Chinese Central Bank Hails Eradication of P2P Lending, “Orderly Disposal” of High-risk Financial Institutions

The People's Bank of China (PBOC) has highlighted the removal of all of the country's P2P lending platforms in 2020 as part...

NDRC Flags Active Fiscal Policy, Increased Spending on New Infrastructure in 2021

China's chief planning authority has outlined a raft of its policy intentions for 2021, as the national economy continues to recover from...

China’s GDP Breaches 100 Trillion Yuan Threshold after Posting 2.3% Growth in 2020, Disposable Income up 4.7%

Official data points to growth of over 2% in Chinese GDP in 2020 despite the adverse economic impacts of the COVID-19 pandemic....

China Bans Banks from Selling Depository Products via Third Party Online Platforms

Beijing has issued a new directive which further steps up pressure on the sale of depository products via online fintech platforms, after...