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The Latest Breaking News from JP Morgan

Barclays chairman asked ex-CEO Staley about Epstein links, tribunal told

Nigel Higgins gave evidence at the Upper Tribunal on Monday.

Evening Standard

‘Major brand worries’: Just how toxic is Elon Musk for Tesla?

With sales down and electric vehicle rivals catching up, the rightwing politico’s brand is driving into a storm

The Guardian - UK

Andrew Bailey was accused by Barclays chair of having ‘destroyed’ Jes Staley, court hears

Nigel Higgins asked if FCA would drop investigation into Staley’s relationship with Epstein if CEO quit

The Guardian - UK

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Bank of England head had ‘clear impression’ that Staley was ‘close’ to Epstein

Andrew Bailey, who was chief executive of the Financial Conduct Authority from 2016 to 2020, appeared at the Upper Tribunal in London on Friday.

Evening Standard

Ex-Barclays boss had ‘close relationship’ with paedophile Jeffrey Epstein, according to Bank of England governor

The governor of the Bank of England Andrew Bailey gave evidence about Jes Staley’s relationship with Epstein

The Independent UK

Revelations in minutes of interest rate drought breaker

Minutes from the Reserve Bank meeting that finally lower interest rates shows board members responding to signals from recent trends in two key areas.

AAP

JP Morgan’s ‘sustainable’ funds invested £200m in mining giant Glencore

Backing of Glencore angers campaigners who have highlighted firm’s environmental breaches in South Africa

The Guardian - UK

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Former Barclays boss gambles on courtroom battle over ties to Epstein

Next week Jes Staley will challenge his ban from the City in a case that will reveal his conversations with the disgraced financier

The Guardian - UK

In the market for financial advice? Here’s how to understand the difference between a wealth manager and a financial advisor

Wealth managers and financial advisors play similar roles, but the former tends to specialize in advising high-net-worth individuals.

Fortune

JP Morgan CEO Jamie Dimon says that he regrets foul-mouthed rant about employees working from home

‘I’m not against work from home. I’m against where it doesn't work’ he said while justifying his in-office mandate

The Independent UK

UK shares trading to be sped up from late 2027 in markets shake-up

The changes will see the time it takes to settle securities trades reduced from two days to one.

The Independent UK

Bank overtakes Monzo to become Britain’s favourite

Chase, which entered the personal current account market just six months ago, secured the top spot

The Independent UK

Chase overtakes Monzo as Britain’s favourite bank, survey shows

The Competition and Markets Authority (CMA) published the findings of its latest survey of some 23,000 people.

Evening Standard

JPMorgan Chase workers launch petition to halt 5-day back-to-office demand

The petition comes as some bank workers push to form a union.

Fortune

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The Guardian - UK

Fraud trial of Forbes ‘30 Under 30’ honoree set to lift lid on startup culture

Case against Frank founder Charlie Javice for allegedly defrauding JP Morgan has been compared to that of Theranos’ Elizabeth Holmes

The National (Scotland)

Peter Mandelson tells journalist to 'f*** off' for asking about Jeffrey Epstein links

LABOUR grandee Peter Mandelson told a journalist to “f*** off” when he was asked about his links to disgraced paedophile financier Jeffrey…

Fortune

The finance world mostly agrees: Trump’s tariffs are bad news

The president himself said there might be some pain. He has delivered it.

The Guardian - US

Wall Street Journal editorial calls Trump tariffs ‘dumbest trade war in history’

Some US business leaders reacted neutrally, while JP Morgan CEO says tariff threats can be used effectively

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The Guardian - UK

Ex-Barclays CEO gears up for explosive trial over City regulator’s allegations on Jeffrey Epstein ties

Court papers seen by the Guardian mean Jes Staley’s appeal against FCA ruling will demand answers on links to sex offender

Evening Standard

Lord Sugar tells London workers to 'get bums back into the office'

Amazon, Boots and JP Morgan are just some of the major employers stepping up pressure to get staff back in the office

Evening Standard

Is this the end for boardroom virtue signalling?

Wall Street banks and tech giants are rapidly reining back on their ESG and DEI agendas

The Guardian - UK

‘Animal spirits alive’ as Wall Street bankers anticipate Trump boom

US president is expected to slash financial controls and prompt wave of dealmaking

The Guardian - UK

‘It was pure accident’: how Chase UK’s boss went from communist Poland to Wall Street banking … via linguistics

Having left the library behind, the once budding academic talks about building JP Morgan’s UK digital lender from scratch

Evening Standard

Lord Rose slams WFH as 'not proper work' and warns it's set the UK back 20 years

The number of people working from home has doubled since before the pandemic despite employers’ efforts to draw people back to the office

The Guardian - UK

Uncertainty over UK car finance scandal is putting off investors, warn CEOs

Industry figures say unknown compensation bill makes it ‘difficult to operate’ owing to fears of ‘retrospection’

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