Month: July 2024

Auto / e-Rickshaw Drivers to face action for Overcharging, overloading: Warns RTO Jammu.

Auto / e-Rickshaw Drivers to face action for Overcharging, overloading: Warns RTO Jammu.

Auto / e-Rickshaw Drivers to face action for Overcharging, overloading: Warns RTO…

3 Min Read

DC Doda chairs District Level Review Committee meeting.

DC Doda chairs District Level Review Committee meeting.

DC Doda chairs District Level Review Committee meeting. ||Black and White Digital…

2 Min Read

Ensure top-notch arrangements for celebration of Independence Day: Div Com Kashmir.

Ensure top-notch arrangements for celebration of Independence Day: Div Com Kashmir.

Ensure top-notch arrangements for celebration of Independence Day: Div Com Kashmir. ||Black…

4 Min Read

Advisor Bhatnagar reviews performance of School Education Deptt.

Advisor Bhatnagar reviews performance of School Education Deptt.

Advisor Bhatnagar reviews performance of School Education Deptt. Reviews implementation of Samagra…

5 Min Read

Turmoil in the Democratic Progressive Azad Party as Ex-Legislators Eye 'Ghar Wapsi' to Congress Amid Sabotage Attempts.

Turmoil in the Democratic Progressive Azad Party as Ex-Legislators Eye ‘Ghar Wapsi’ to Congress Amid Sabotage Attempts.

Turmoil in the Democratic Progressive Azad Party as Ex-Legislators Eye 'Ghar Wapsi'…

4 Min Read

Police Bust Major Human Trafficking Ring in Baramulla, Rescuing Four Minor Girls.

Police Bust Major Human Trafficking Ring in Baramulla, Rescuing Four Minor Girls.

Police Bust Major Human Trafficking Ring in Baramulla, Rescuing Four Minor Girls.…

5 Min Read

https://blackandwhitedigitalnews.com/

Government Declares ‘Constitution Murder Day’ to Honor Victims of 1975 Emergency.

Government Declares 'Constitution Murder Day' to Honor Victims of 1975 Emergency. Government…

8 Min Read

Paolini Edges Vekic In Marathon Match To Reach First Wimbledon Final

Paolini Edges Vekic In Marathon Match To Reach First Wimbledon Final

Paolini Edges Vekic In Marathon Match To Reach First Wimbledon Final …

2 Min Read

New Team India Head Coach Gautam Gambhir Clarifies His Stance On Player Selection

New Team India Head Coach Gautam Gambhir Clarifies His Stance On Player Selection

New Team India Head Coach Gautam Gambhir Clarifies His Stance On Player…

4 Min Read

PM Modi Reaffirms India’s Commitment To BIMSTEC, Supports Thailand For Upcoming Summit

PM Modi Reaffirms India’s Commitment To BIMSTEC, Supports Thailand For Upcoming Summit

PM Modi Reaffirms India’s Commitment To BIMSTEC, Supports Thailand For Upcoming Summit…

1 Min Read

JPMorgan Chase reported a 25%rise in second-quarter profit on Friday, buoyed by rising investment banking fees and an accounting gain of about $8 billion from a share exchange deal with Visa. Wall Street banks have benefited from a resurgence in capital-raising activity in debt and equity markets. They are also seeing an uptick in fee income from advising on M&A deals as companies become more confident in the U.S. economy’s ability to avoid a major downturn. “While market valuations and credit spreads seem to reflect a rather benign economic outlook, we continue to be vigilant about potential tail risks,” CEO Jamie Dimon said, adding that the risks included a changing geopolitical situation, which remains the most dangerous since World War II. Inflation and interest rates may stay higher than market expectations due to threats like large fiscal deficits and restructuring of trade, Dimon said. The largest U.S. bank’s profit was $18.15 billion, or $6.12 per share, for the three months ended June 30, compared with $14.47 billion, or $4.75 per share, a year earlier, it said on Friday. The bank’s shares dipped 0.6% in trading before the bell. They have gained 22% so far this year, but have underperformed rivals Bank of America, Citigroup C.N and Wells Fargo. JPMorgan benefited from a plan to exchange some of its shares in Visa, the world’s largest payment network. Investment banking fees grew 50%, compared with a low base, but was higher than an earlier company prediction of 25% to 30%. JPMorgan’s lending business also benefited from high rates, with net interest income (NII) – the difference between what it earns on loans and pays out on deposits – rising 4% to $22.9 billion. Lending has remained healthy even as banks compete for deposits and face pressure to shell out more to depositors to store their money.

JPMorgan Profit Jumps On Higher Investment Banking Fees, Accounting Gain

JPMorgan Profit Jumps On Higher Investment Banking Fees, Accounting Gain JPMorgan Chase…

2 Min Read

Every Indian Indebted To Syama Prasad Mookerjee For His Effort On National Integrity: Amit Shah

Centre Declares June 25 As “Samvidhaan Hatya Diwas’

Centre Declares June 25 As “Samvidhaan Hatya Diwas’ The Union government announced…

3 Min Read