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Monday, February 24, 2020

JP Morgan


SC permits ED to attach JP Morgan’s India properties for alleged FEMA violation

January 14, 2020 3:59 am

The ED had told the court last year about the alleged FEMA violations and that it had recorded the statement of the company’s country head in this regard.

JP Morgan Mutual Fund settles Amtek Auto case with SEBI

March 27, 2018 2:35 am

On Monday, Sebi in its consent order said that three entities of JP Morgan filed for settlement of thr case through consent mechanism in February 2016, without admission or denial of any wrongdoing.

Paradise Papers: As JP Morgan rushed to sell stake in Emaar MGF, Bermuda law firm ignored red flags to clear deal

November 09, 2017 5:28 am

Appleby’s Mauritius office went ahead with the assignment even though its own compliance department flagged a number of ongoing investigations into corruption charges against Emaar MGF in India.

After selling Amtek bonds, JP Morgan AMC allows redemption in 2 schemes

December 08, 2015 1:37 am

The crisis came to the fore after Amtek Auto defaulted on its bonds, in which these two funds had invested an aggregate of around Rs 200 crore.

JP Morgan bought Amtek Auto’s ‘risky’ bonds from Axis Bank

September 10, 2015 2:42 am

Both funds of the firm had no exposure to money market bonds of Amtek Auto till December 2014.

Large corporate investors seek legal action against JP Morgan AMC

September 05, 2015 2:49 am

A market expert close to the development said that three corporate houses made a hurried exit on Wednesday and liquidated their holdings from JP Morgan Short Term Income Fund and India Treasury Fund.

JP Morgan AMC’s redemption crisis: ‘Don’t liquidate holdings in a hurry’

September 10, 2015 2:41 am

Investment experts say that the investors should not rush to liquidate their holdings in the two JP Morgan debt schemes that have exposure in Amtek Auto

JP Morgan’s 1% cap on redemption sparks off debate on liquidity commitments of MFs

September 02, 2015 2:55 am

It is the first time since the 2008 financial crisis that a mutual fund has imposed such a restriction.

Regulators fine global banks $4.3 bn in forex probe

November 13, 2014 1:32 am

The US Office of the Comptroller of the Currency, which regulates banks, also fined the US lenders $950 million and was the only authority to penalise Bank of America.

76M households, 7M small businesses hit by JPMorgan data breach

October 03, 2014 3:12 pm

JPMorgan said there's no evidence that the data breach included account numbers, passwords, Social Security numbers or dates of birth.