JPMorgan Chase & Co.

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Automotive, EVs & Mobility Just now (12:19 PM IST)

JPMorgan Plans to Double GIFT City Business as Book Nears $1 Billion

JPMorgan Chase & Co. is preparing to expand its GIFT City operations over the next few years, with a goal of doubling business in trade finance and payments as its client book approaches $1 billion. The move underscores the growing pull of Gujarat’s international financial hub for multinational firms seeking treasury, cross-border and capital-markets efficiencies.

By RDU Global Wire5 min read

Banking, Fintech & InsuranceJust now (10:56 AM IST)

JPMorgan Plans to Double GIFT City Business as $1 Billion Book Grows

JPMorgan Chase & Co. is preparing a major expansion of its operations at Gujarat International Finance Tec-City, or GIFT City, aiming to double business over the next few years as demand builds in trade finance and payments. The bank, which opened its branch in 2022, now serves a few hundred clients and manages a book of nearly $1 billion, underscoring GIFT City’s growing role as a hub for cross-border treasury activity.

5 min readRead →

Markets, IPOs & Wealth2h ago

True North Buys Minority Stake in IPO-Bound InMobi in $50-60 Mn Deal

Private equity firm True North has reportedly acquired a minority stake in adtech and commerce company InMobi through a secondary transaction valued at about $50-60 million, according to a Livemint report. The deal, which includes a small primary component, comes as InMobi accelerates preparations for a public listing in India and continues reshaping its cap table ahead of a potential IPO.

5 min readRead →

Defence, Intelligence & Aerospace9h ago

Chinese Suppliers See Opportunity in America's AI Data Center Boom Despite Rising Tensions

Chinese manufacturers are moving to capture a share of the U.S. artificial intelligence data center buildout, even as Washington and Beijing remain locked in a fraught strategic rivalry. With U.S. tech giants pouring hundreds of billions of dollars into AI infrastructure, Chinese firms say demand, speed and supply-chain capacity make the American market too large to ignore.

6 min readRead →

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Co-Occurring Entities

Entities frequently referenced alongside JPMorgan Chase & Co.:

India(2)Gujarat(2)GIFT City(2)