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 [...]
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.
European banks’ US deal fee share nearly halves in a decade Banking European banks' share of US dealmaking fees has almost halved in a decade, new data has shown, as EU lenders push to grow their presence in the world's biggest market for investment banking.
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 [...]