A string of large transactions drove the value of global mergers and acquisitions (M&A) activity up by 54 per cent in the first quarter compared to the same period last year, reflecting greater deal-making confidence among chief executives.
JP Morgan has cut its correspondent banking relationship with Emirates NBD, Dubai's largest bank, as part of a global review of its business, sources familiar with the matter said.
In a memo to staff last year, the US bank sai
A JP Morgan tech executive fell to his death from the U.S. bank's 33-storey tower in London's Canary Wharf financial district on Tuesday in what British police said was a "non-suspicious" incident.
Police were ca
JPMorgan Chase & Co will pay $1.7 billion to settle US charges it violated laws requiring banks to monitor customer activity for money laundering in its handling of accounts of convicted Ponzi-schemer Bernard Madoff, authorities said on Tues
JP Morgan Chase has promoted two bankers to senior roles in Saudi Arabia, the bank said in a statement on Monday, after its top banker in the kingdom left earlier this year to join the central bank.
Rayan Fayez has been named seni
Bahrain-based BBK said it has won the 2013 Quality Recognition award from JP Morgan for achieving a very high 'straight-through-processing' (STP) rate for funds transfers.
STP is the automated process of payments which inc
JPMorgan Chase and Company posted a 31 per cent increase in second-quarter earnings yesterday after underwriting income jumped and bond market trading revenue rose.
US fixed-income markets plunged during the quarter, lifting longe
The investment banking industry is heading into a digital revolution that could redraw not only its business model but also the traditional image of its staff.
Stuck with dwindling profits in an era of poor returns and heavy regul