JPMorgan bullish on India and Japan, top Asia official says

JPMorgan, the largest bank in the U.S., is bullish on India and Japan within Asia but is also keen to allocate resources towards Southeast Asia, which is benefiting from the “China Plus One” strategy, a top official at the bank said. JPMorgan expects its commercial banking business, which is focused on mid-sized companies, to grow as much as 30% in India over the next few years, Leenart said.Read More