JP Morgan’s UK staff set to return to office from next month May 11, 2021 JP Morgan has told its UK staff that more of them will return to the office from next month as restrictions start to ease. The American bank told staff to prepare for a “consistent schedule” which combines both remote and office working but offices will operate at maximum 50 per cent of capacity, according to [...]
Plus500 appoints former JP Morgan bigwig as new chairman March 25, 2021 Plus500 today said it has appointed the former head of JP Morgan Professor Jacob Frenkel as its new chairman. The online trading platform has proposed for Frenkel to succeed current chair Penny Judd following the company’s annual general meeting on 4 May, subject to shareholder approval. Frenkel has built a reputation as one of the [...]
Bitcoin breaks $55k again as JP Morgan changes tune March 10, 2021 Bitcoin saw its fourth straight daily gain yesterday, as the largest cryptocurrency climbed briefly past $55,000 late in the day.
JP Morgan Chase: Potential successors to Jamie Dimon move up as Pinto becomes sole president May 18, 2021 In a reshuffling of its top ranks, JP Morgan Chase has raised up two potential successors to chief executive Jamie Dimon while co-chief operating officer Gordon Smith will step down from his roles at the end of 2021. The two possible earmarked successors, Marianne Lake and Jennifer Piepszak, will take new roles as Daniel Pinto [...]
Apple set to rake in over £6bn in music and gaming revenue by 2025 June 13, 2022 Apple's revenue from gaming and music offerings is expected to jump 36 per cent to $8.2bn (£6.7bn) by 2025, according to estimates from JP Morgan.
JP Morgan to launch UK digital bank within months January 27, 2021 JP Morgan will launch a digital consumer bank in the UK within months, the Wall Street giant confirmed today. The new challenger bank will operate under the Chase brand and offer a range of products, including current accounts. JP Morgan said its new business, which is based in Canary Wharf, had already hired 400 people [...]
Fan fury as JP Morgan and biggest football clubs team up on European Super League April 19, 2021 The football world has been plunged into chaos after it was announced that six English football teams will join a new breakaway European Super League in what would be the biggest shake-up of the game in recent years. Arsenal, Chelsea, Liverpool, Manchester City, Manchester United and Tottenham are among the clubs that are set to [...]
Illuminate Financial closes $100m round with backing from JP Morgan and Barclays March 17, 2021 London-based VC firm Illuminate Financial has closed a $100m round with backing from JP Morgan Chase and Barclays. The fund, which is Illuminate’s second, was anchored by Deutsche Borse and IHS Markit, with additional backing from Draper Esprit and family offices. It was launched in early 2019 before closing in January 2021. “It has been [...]
European Super League: JP Morgan boss admits investment bank failed to grasp football fans’ passion May 5, 2021 JP Morgan’s boss has admitted that the investment bank had failed to understand the passion of football fans when it agreed to finance the failed breakaway European Super League. Chief executive Jamie Dimon said the US banking giant had “kind of missed” the strength of feeling among football supporters before it agreed to fund around [...]
Protests continue in Canary Wharf despite Greta Thunberg’s arrest this week October 19, 2023 Climate activists were joined by Greta Thunberg in a protest outside banking and finance offices in Canary Wharf today.