BLOOMBERG JPMorgan Chase & Co Chief Executive Officer Jamie Dimon plans to sell shares currently worth about $141 million, the first such transaction since he took the helm at the Wall Street giant almost 18 years ago. Starting next year, Dimon and his family will dispose of 1 million of the lender’s shares for financial diversification and tax-planning purposes, according ...

BLOOMBERG Industrial & Commercial Bank of China (ICBC), the world’s largest lender by assets, reported profit grew just 0.03% in the third quarter as it was directed to dole out cheap loans to help shore up the struggling economy. The other big banks posted mixed results. Agricultural Bank of China Ltd said profit rose 7.76% in the period, while Bank ...

DUBAI/ GULF TIME Tata Group’s fine jewellery brand Mia by Tanishq has opened its first international store in Dubai, adding to its footprint of 120+ stores across India. Conveniently located in the heart of the city at BurJuman, the flagship boutique will house a stunning collection of trendy, popular and contemporary designs uniquely crafted in gold, diamond and coloured stones ...