Insightful Word
  • Investing
  • Stock
  • Economy
  • Politics
  • Investing
  • Stock
  • Economy
  • Politics
No Result
View All Result
Insightful Word
No Result
View All Result
Home Economy

JPMorgan bullish on India and Japan – report

admin by admin
September 24, 2024
in Economy
0
JPMorgan bullish on India and Japan – report
0
SHARES
8
VIEWS
Share on FacebookShare on Twitter

Investing.com — JPMorgan (NYSE:JPM), the largest bank in the U.S., is bullish about growth opportunities in India and Japan, while also eyeing Southeast Asia for further investments, as part of the “China Plus One” strategy, Reuters reported on Tuesday.

India remains one of the top three, possibly top two, markets in Asia, alongside Japan. The country’s growth is very broad-based, said Sjoerd Leenart, JPMorgan’s Asia Pacific CEO, in an interview to Reuters on Monday.

Leenart said that the bank’s broad commitment to India, noting that JPMorgan is increasing its investment by expanding its banking team, injecting more capital into operations, and enhancing technological capabilities to serve new market segments.

In India, JPMorgan’s commercial banking division, which serves mid-sized businesses, is projected to grow by up to 30% over the next few years, the report said.

However, he stressed that for India to fully capitalize on the “China Plus One” strategy, the country must further strengthen its manufacturing ecosystem and scale its operations. 

While this presents a major opportunity, Leenart cautioned that executing this strategy could be challenging, but expressed optimism about India’s potential success.

Regarding Japan, Leenart noted that with interest rates turning positive, there is renewed client interest in the market, creating opportunities in both corporate activity and interest rate-driven investments.

Despite concerns about China’s slowing economic growth, Leenart emphasized that JPMorgan’s business in China continues to grow. 

Leenart also pointed to Southeast Asia, where the combined economies amount to nearly $3 trillion, as a key region for future investment. 

While the region’s fragmented nature makes it more challenging to navigate, JPMorgan remains keen to invest in the area, the report said.

This post appeared first on investing.com

Previous Post

Zimbabwe’s retailers warn of store closures over exchange rate

Next Post

Earnings call: Red Cat Holdings reveals robust growth in Q1 earnings

admin

admin

Next Post
Earnings call: Red Cat Holdings reveals robust growth in Q1 earnings

Earnings call: Red Cat Holdings reveals robust growth in Q1 earnings

Trending News

To the stars: how Elon Musk’s Ad Astra preschool will shape future generations

To the stars: how Elon Musk’s Ad Astra preschool will shape future generations

November 21, 2024
Markets and the Middle East: How investors are weathering geopolitics

Markets and the Middle East: How investors are weathering geopolitics

October 3, 2024
UPS stock price analysis: Here’s why FedEx is still a better buy

UPS stock price analysis: Here’s why FedEx is still a better buy

October 4, 2024
Subscribe to Insightful Word


    Recent News

    China’s May export growth seen slowing to 5.0% amid trade uncertainty: Reuters poll

    China’s May export growth seen slowing to 5.0% amid trade uncertainty: Reuters poll

    June 6, 2025
    FTSE 100 Index shares of 2025: Rolls-Royce, Fresnillo, BAE, and more

    FTSE 100 Index shares of 2025: Rolls-Royce, Fresnillo, BAE, and more

    June 6, 2025
    Asian stocks end mixed: Hang Seng snaps winning streak, Nikkei jumps 0.5%

    Asian stocks end mixed: Hang Seng snaps winning streak, Nikkei jumps 0.5%

    June 6, 2025
    Starlink reportedly secures key licence in India, moves closer to launching services

    Starlink reportedly secures key licence in India, moves closer to launching services

    June 6, 2025

    Recent News

    China’s May export growth seen slowing to 5.0% amid trade uncertainty: Reuters poll

    China’s May export growth seen slowing to 5.0% amid trade uncertainty: Reuters poll

    June 6, 2025
    FTSE 100 Index shares of 2025: Rolls-Royce, Fresnillo, BAE, and more

    FTSE 100 Index shares of 2025: Rolls-Royce, Fresnillo, BAE, and more

    June 6, 2025

    Latest News

    • China’s May export growth seen slowing to 5.0% amid trade uncertainty: Reuters poll
    • FTSE 100 Index shares of 2025: Rolls-Royce, Fresnillo, BAE, and more
    • Asian stocks end mixed: Hang Seng snaps winning streak, Nikkei jumps 0.5%

    About Insightful Word

    • Contacts
    • Cookie Notice
    • Privacy Policy
    • Terms of Service
    • Trading tools
    • Contacts
    • Cookie Notice
    • Privacy Policy
    • Terms of Service
    • Trading tools

    Copyright © 2025 Insightfulword.com. All Rights Reserved.

    No Result
    View All Result
    • Investing
    • Stock
    • Economy
    • Politics

    Copyright © 2025 Insightfulword.com. All Rights Reserved.