PARIS (Reuters) - Amundi, Europe's biggest fund manager, posted better-than-expected quarterly inflows on Friday, driven by its Asian joint ventures amid a sustained demand for risk-averse products. Amundi's total assets under management (AUM) rose by 15.5 billion euros ($16.8 billion) in the second quarter to 2.16 trillion euros at end of June, setting a new record and reflecting growth of...

July 26 (Reuters) - JPMorgan Chase ( JPM ) has begun rolling out a generative artificial intelligence (AI) product, telling employees that its own version of OpenAI's ChatGPT can do the work of a research analyst, the Financial Times reported on Friday. The lender, the biggest in the United States, has given employees of its asset and wealth management division...

(Reuters) -Mercedes-Benz on Friday narrowed its annual forecast for the profit margin in its core car division as the German luxury automaker continues to struggle amid model changeover and a subdued market environment in Asia. The company now expects an adjusted return on sales in the range of 10-11% this year, down from 10-12% expected before. Mercedes' cars division was...

July 26 - Here are some of the main factors that may affect Swiss stocks on Friday: HOLCIM Reports Q2 results slightly ahead of forecasts. COMPANY STATEMENTS AMS OSRAM ( AUKUF ) Second quarter earnings release due. FORBO HOLDING Confirms spring outlook for full year 2024. VONTOBEL Half-year earnings release due. SULZER Posts Order Intake Above 2 billion Swiss francs...