Topic
jp morgan
Business JP Morgan targets bigger M&A role as RBI opens domestic acquisition financing
JP Morgan is positioning for a larger M&A financing role in India after RBI allowed domestic lenders to fund acquisitions. The bank says it can now offer onshore and offshore capabilities, including INR-denominated funding, ECB dollar financing, FPI structures, and GIFT City mechanisms, at a time when Indian corporates are returning to bank financing and expanding overseas.
Logistics JP Morgan Tied to Hanwha Ocean's Latest VLCC Newbuilding Order
JP Morgan has been identified as the owner behind Hanwha Ocean’s latest order for two VLCC newbuildings, priced at about $132.5m each. The order is part of a broader programme of 10 VLCCs across South Korean and Chinese yards, with total spending near $1.3bn. Hanwha Ocean has now secured 27 vessels worth $4.61bn in 2026.
Logistics JP Morgan-linked Global Meridian orders two suezmax tankers at Samsung Heavy Industries
JP Morgan-linked shipowner Global Meridian has ordered two 158,000 dwt suezmax crude oil tankers from Samsung Heavy Industries for $189m, according to Splash247. The deal brings JP Morgan-linked suezmax orders at the South Korean yard to seven vessels and pushes Samsung Heavy's 2026 order intake past $10bn.
Commodities Falling Crude Prices to Boost OMC Profits: JP Morgan Report Highlights Margins and Risks
A JP Morgan report indicates that falling crude oil prices will boost profitability for state-run oil marketing companies (OMCs) by improving fuel marketing margins, though rising debt levels and potential excise duty restoration pose risks. BPCL and IOC are identified as key beneficiaries.
Commodities Gold Expected to Hit $6,000/oz by End 2026 Despite Recent Cooling: JP Morgan
JP Morgan Global Research predicts gold prices will average $6,000 per ounce by Q4 2026, with potential to reach $6,300 by end 2027. Despite recent cooling and sideways trading, the investment bank sees strong demand from central banks and Chinese buyers, though uncertainty over geopolitical conflicts and Fed policy remains.
Logistics JP Morgan Expands Shipping Fleet with New Samsung Orders
JP Morgan has placed significant orders for new tankers and gas carriers at Samsung Heavy Industries, valued at over $660 million. This move is part of an aggressive expansion strategy in the shipping sector.