JPMorgan Ditches City of London HQ Plans.The article reports on the decision of JPMorgan to abandon plans of building a European headquarters in London, England with a plan to establish one in Canary Wharf.EBSCO_bspReal Estate Finance & Investment...
Learn more JPMorganChase Boosts Housing, Small Businesses, Workforce Development in Chicago with New Philanthropic Commitments Nearly $11M in philanthropic support advances firm’s $200M commitment to Chicago’s South, West Sides Learn more JPMorganChase Supports Local Nonprofits to Stabilize Housing Sup...
Morgan and Company, in 1892, working in the firm’s London branch for eight years. He succeeded his father as head of the firm in 1913 upon the latter’s death, becoming heir to an estate of more than $50,000,000. Morgan had developed a deep affection for England during his stay ...
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JPMorgan Chase agreed Thursday to pay about $920 million in fines to U.S. and U.K. regulators to settle charges related to the "London Whale" trading debacle. With the penalty, the bank is acknowledging that it violated banking rules by not properly overseeing its trading operations. In ...
JP Morgan Chase, the largest bank on Wall Street, has announced plans to lift Brussels’ bonus cap for its London-based staff. This comes just weeks after rival Goldman Sachs made a similar move, signaling a new era in industry pay post-Brexit. The bank is in the process of notifying ...
Morgan’s CEO, James Dimon, asserted the London trades would not have violated the rule. If true, it suggests to me that an even stronger rule needs to be in place. Various suggestions have been made to address excessive risk taking by financial firms. It is time to take them more ...