JP Morgan’s Chase UK aims for 2025 profit amid digital banking growth Banking Digital challenger bank Chase UK, owned by US giant JP Morgan, aims to become profitable from next year as it seeks to be a “major player” in Britain, according to a top executive at the lender.
JP Morgan’s Chase will ban crypto payments starting from mid-October Banking Chase UK is banning customers from making crypto payments from mid-October citing concerns over financial crime.
JP Morgan Chase: Potential successors to Jamie Dimon move up as Pinto becomes sole president JP Morgan Chase: Potential successors to Jamie Dimon move up 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 [...]
Moscow: Court cancels seizure of JP Morgan funds in VTB dispute May 24, 2024 A Russian court has cancelled the seizure of part of JP Morgan's assets in an ongoing dispute with a Russian bank over sanctioned money
JP Morgan’s Chase: ‘We haven’t entered the market just to be a small challenger’ March 8, 2023 JP Morgan’s digital challenger bank Chase has set its sights on becoming a major retail bank in the UK, even if it costs a lot, a top executive at the bank told City A.M. Shaun Port, managing director for everyday banking at Chase, said: “We haven’t entered the market just to be a small challenger.” [...]
Metro Bank: Natwest, Lloyds and Santander UK consider buying parts of lender – report October 8, 2023 The Bank of England has reportedly been canvassing some of the UK’s most high profile banks to gauge their interest in purchasing Metro Bank.
London-listed JTC buys First Republic trust administration unit in JP Morgan carve out April 22, 2024 London-listed firm JTC has struck a deal to acquire one of First Republic's trust administration arms from JPMorgan Chase for $21m.
Investing in women could boost UK economy by £250bn, MP to say October 1, 2023 Investing in women at the same rate as men could create £250bn in new value for the UK economy, Harriett Baldwin is set to say. The former City minister and now chair of the Treasury select committee will tell the WVC:E summit that inequality between investment in men and women is unacceptable. Baldwin is expected [...]
JP Morgan settles Epstein lawsuit with US Virgin Islands for $75m September 26, 2023 JPMorgan Chase reached settlements with the US Virgin Islands (USVI) and former executive Jes Staley to resolve lawsuits over sex trafficking by the disgraced financier Jeffrey Epstein, largely resolving a scandal that has weighed on the largest U.S. bank for months.
FTSE 250 giant JTC snaps up employer services firm in latest takeover deal August 19, 2024 FTSE 250 corporate solutions firm JTC has struck a deal to expand its employer services division with a new acquisition – the latest in a string of recent takeovers. The London-listed firm, headquartered in Jersey, revealed plans today to acquire the Buck UK and European Share Plan Administration and Trustee Businesses from Arthur J. Gallagher & Co [...]