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JP Morgan allocates $3.8 mn in aid for India employees amid COVID-19


JP Morgan allocates $3.8 mn in aid for India employees amid COVID-19
Filippo Gori, the chief executive of JP Morgan Asia Pacific, said the bank has set aside $3.8 million for the care of its over 35,000 India employees
PTI | May 15, 2021 | Updated 08:38 IST
JP Morgan
Global investment banking major JP Morgan Chase has increased its COVID-19 support to the country manifold, taking the total planned aid to close to $16 million, of which $3.8 million is for supporting its over 35,000 employees in India. The head of the Wall Street major Jamie Dimon had on April 30 had committed an upfront $2 million financial aid along with an appeal to its over 2.5 lakh employees globally to chip in which would be matched by an equal amount by the company. ....

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COVID support: JP Morgan earmarks $3.8 mn for India staff; offers $10 mn more in phases


COVID support: JP Morgan earmarks $3.8 mn for India staff; offers $10 mn more in phases
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COVID support: JP Morgan earmarks $3.8 mn for India staff; offers $10 mn more in phasesPTI
Last Updated: May 14, 2021, 02:55 PM IST
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Synopsis
The head of the Wall Street major Jamie Dimon had on April 30 had committed an upfront USD 2 million financial aid along with an appeal to its over 2.5 lakh employees globally to chip in which would be matched by an equal amount by the company.
Agencies
JP Morgan is also a member of the recently-announced global taskforce on the pandemic response, a public-private partnership providing 1,000 ventilators and a further 25,000 oxygen concentrators to India. ....

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JP Morgan earmarks $3.8 mn in aid for India employees amid Covid-19


Global investment banking major JP Morgan Chase has increased its COVID-19 support to the country manifold, taking the total planned aid to close to $16 million, of which $3.8 million is for supporting its over 35,000 employees in India.
The head of the Wall Street major Jamie Dimon had on April 30 had committed an upfront $2 million financial aid along with an appeal to its over 2.5 lakh employees globally to chip in which would be matched by an equal amount by the company.
In an internal communication on Thursday, which PTI has seen, Filippo Gori, the chief executive of JP Morgan Asia Pacific, said the bank has set aside $3.8 million for the care of its over 35,000 India employees, and an additional $10 million is being earmarked in phases to support the needy in their pandemic recovery phase. ....

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HKEX hires JP Morgan banker as new CEO


By Jonathan Breen
09 Feb 2021
Hong Kong’s stock exchange operator has named Nicolas Aguzin, chief executive of JP Morgan’s international private bank, as its new CEO.
Hong Kong Exchanges and Clearing, which operates the local bourse, announced Aguzin’s appointment on Tuesday. He will begin a three-year term as chief executive on May 24, taking over from interim chief Calvin Tai.Aguzin was JP Morgan’s Asia Pacific CEO and head of investment banking in the
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