JPMorgan Chase & Co. is set to open a new branch in India after nearly a decade, according to people familiar with the matter, underscoring the Wall Street bank’s growing push into one of the world’s fastest-growing economies.The lender has gotten an in-principle approval from the Reserve Bank of India to establish its fourth branch in Pune, a city near Mumbai, the people said, asking not to be identified because the information isn’t public yet. JPMorgan’s new location will cater to corporate clients, offe ...

I rate HSBC Holdings (NYSE: HSBC ) as a buy. Hong Kong's economic and market recovery is giving HSBC a boost, notably in areas like wealth management and transaction banking. I see HSBC emerging stronger than before as we cycle throughFormer buy-side equity analyst covering Asia Pacific equities with a decade of experience under my belt. I employ a fundamental bottom-up approach with a macroeconomic overlay to identify stocks that are set to benefit from broader trends globally. I focus mainly on Financials ...