Business Today

The Dealmaker

JP Morgan is aggressively using technology and expanding its corporate client base in India.

In India, JP Morgan has managed to stay a step ahead of its global competitors. It was the lead financial adviser to Walmart for its Flipkart buy, the biggest deal in Indian retail so far, even as profits from its India business grew 10 per cent in FY18. It advised on M&A transactions worth over $40 billion, finishing 2018 at the No.1 spot on the Bloomberg India M&A league table.

The banking system in India is going through many technological changes,

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