Graduates set to enter UK’s strongest job market in years as starting salaries soar Graduate jobs Graduates are set to enter the strongest job market Britain has seen in years, on the back of surging graduate salaries and a major increase in the number of graduate jobs. Graduate salaries are up seven per cent compared to a year ago, while the number of graduate job vacancies is up 59 per cent [...]
EY partners could get $8m in shares each following Big Four firm’s split Big Four Partners at EY could be in line to receive windfalls worth $8m (£6.5m) each, if the accountancy firm pushes forwards with plans to split out its audit and advisory operations into two separate firms. Thousands of the Big Four firm’s partners could receive millions in windfall payments each, as part of EY’s plans to break [...]
JP Morgan wins £1.4bn court battle against Nigeria Court fight A High Court judge today ruled in favour of JP Morgan, after dismissing Nigeria’s $1.7bn (£1.4bn) lawsuit against the bank, over claims it acted negligently by transferring $875m to convicted an account linked to money launderer and former Nigerian oil minister Dan Etete. The ruling comes after Nigeria first sued JP Morgan in 2017, over [...]
Female founders face greater risk of equity dilution than men June 8, 2022 Female founders are significantly more vulnerable to the dilutive effects of equity funding than their male counterparts, according to new research from JP Morgan, which shows women, on average, give away much larger stakes in their businesses than men. The UK’s 10,647 female led businesses raised a record £5.05bn in equity investment in 2021, whilst [...]
JP Morgan launches sustainable investment team to target high-growth climate firms January 24, 2022 JPMorgan's asset management arm has launched a new sustainable investment team as the bank ramps up efforts to hit its climate change commitments.
JP Morgan looking to poach Big Four accountants after relaunching recruitment scheme January 14, 2022 JP Morgan has relaunched a scheme to poach newly qualified accountants from Big Four firms, in a sign that demand for junior bankers will remain high throughout 2022. The investment bank last week reoponed its recruitment scheme through which newly qualified accountants working in Big Four accountancy firm can become analysts within JP Morgan’s investment [...]
Goldman Sachs and JPMorgan to raise investment banker bonuses after deal-making frenzy December 15, 2021 JPMorgan Chase & Co and Goldman Sachs may reward investment bankers by increasing bonus pools by as much as 50 per cent, following a boom in deal-making this year. Following recent meetings to discuss and set pay for the year JPMorgan is considering upping the bonus pool by 40 per cent while Goldman Sachs is mulling [...]
JP Morgan to back KKR’s €45bn financing in TIM deal November 30, 2021 US fund KKR's proposal to buy Telecom Italia has received a letter of commitment from JP Morgan to support the €45bn (£38bn) financing needed for the deal.
JP Morgan offers to cover hotel quarantine costs for staff in Hong Kong November 22, 2021 JP Morgan has offered to give staff in Hong Kong up to $5,000 to cover quarantine costs, so they can visit families abroad. The city has tough quarantine rules, meaning arrivals into Hong Kong must quarantine in a hotel for up to three weeks. In a memo to staff, the investment bank said: “We recognise [...]
JP Morgan: Hong Kong Covid measures create tough hiring climate, says Dimon November 15, 2021 Hong Kong’s strict Covid-19 pandemic restrictions have reportedly created a tough hiring environment for JP Morgan, boss Jamie Dimon said. The city state has some of the world’s most stringent emergency pandemic measures, with inbound travellers having to quarantine in hotels for as long as three weeks form some countries. Dimon said earlier today that [...]