Trump uses JP Morgan chief Jamie Dimon as ‘informal adviser’ Banking Donald Trump has reportedly used JP Morgan Chase boss Jamie Dimon as a “sounding board” for policy ahead of returning to the White House. The Wall Street veteran has been in regular communication with Trump for months, including after his election victory, The New York Post reported. The “no-holds-barred conversations” are said to have centred [...]
Meet the fund managers: Empowering growth in small UK companies Investing In the final edition of this weekly series, investment reporter Elliot Gulliver-Needham sits down with a fund manager for a Q&A. This week, we’re hearing from Georgina Brittain, manager of the JPMorgan UK Small Cap Growth & Income How does your fund stand out from others in the same market? What really sets us apart [...]
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.
JP Morgan nudges up UK growth forecasts after latest GDP figures August 20, 2024 JP Morgan bumped up their growth forecasts for the UK economy in the third quarter of this year following last week’s GDP figures. The investment bank now expects the economy to grow 0.4 per cent between July and September, up from a previous estimate of 0.3 per cent. This equates to an annualised growth rate [...]
Dealmaking rebound helps JPMorgan to bumper profits July 12, 2024 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 [...]
Wall Street banks JPMorgan and Goldman Sachs set for earnings boost on dealmaking rebound July 8, 2024 Wall Street lenders are set to post higher investment banking fees for the second quarter of 2024, as early signs of a rebound in dealmaking partly offset weaker growth in lending income.
JPMorgan overtakes Barclays in UK deal fee ranking in blow to investment bank July 3, 2024 JPMorgan has jumped ahead of Barclays to take the top spot in a UK deal fee league table in a blow to the British lender's investment banking ambitions.
JPMorgan follows Goldman Sachs in scrapping EU bonus cap for London staff June 19, 2024 Wall Street giant JPMorgan Chase has become the latest bank to scrap an EU-imposed cap on its UK staff's bonuses, after rival Goldman Sachs made the same move last month.
JP Morgan: Labour election win would be ‘positive’ for markets June 10, 2024 Wall Street giant JP Morgan is forecasting a "net positive" impact on markets if Labour wins the UK general election on 4 July.
Sunak eyes UK honours for JPMorgan boss Jamie Dimon and ex-Google chair Eric Schmidt June 6, 2024 Rishi Sunak has reportedly put forward long-serving JPMorgan Chase boss Jamie Dimon and ex-Google chair Eric Schmidt for UK honours ahead of the general election on 4 July.