
JPMorgan UK Unit to Open Branch in India’s GIFT City
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JPMorgan Chase & Co. is expanding its presence in India by opening a branch in the Gujarat International Finance Tec-City (GIFT City). This new branch will focus on trading equities and other financial instruments. The move highlights the growing interest of global banks in India's low-tax financial hub.
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📚Bağlam ve Tarihsel Perspektif
GIFT City has been developed as a low-tax financial hub to attract international financial services and institutions. The establishment of JPMorgan's branch is part of a broader trend where global banks are looking to tap into India's burgeoning economy and its potential for growth in financial services.
This article is for informational purposes only and does not constitute financial advice.
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