Lendinvest: Fintech lands £500m investment from JPMorgan Banking Property fintech Lendinvest has added £500m to a funding deal with JPMorgan as it looks to return to profitability after a rough year for mortgage lenders.
European banks’ US deal fee share nearly halves in a decade Banking European banks' share of US dealmaking fees has almost halved in a decade, new data has shown, as EU lenders push to grow their presence in the world's biggest market for investment banking.
Dealmaking rebound helps JPMorgan to bumper profits Banking JPMorgan benefited from a long anticipated recovery in dealmaking to deliver a big increase in profit compared to last year. The Wall Street giant reported net income of $18.1bn in the second quarter, up 25 per cent on the same period last year and ahead of analyst’s expectations. JPMorgan saw revenue rise by 22 per [...]