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City

Bankers’ bonuses will drop to reflect performance, JP Morgan chief says

The European boss of banking giant JP Morgan has said that its bankers’ bonuses will fall after a worse performance across the investment bank last year. Viswas Raghavan, the chief executive of Europe, Middle East and Africa (EMEA), also admitted ...

18 Jan 2023 at 16:51

City

Odey firm gates funds as investors head for exit amid deepening crisis

Investment firm Odey Asset Management has halted withdrawals from two of its funds and closed another amid an investor exodus as the crisis engulfing the firm deepens following assault allegations against its founder, Crispin Odey. The firm has ...

13 Jun 2023 at 15:02

Ireland

Rudolf retired? Santa uses helicopter to deliver hundreds of toys to hospital

Children at Cork University Hospital were amazed to catch a glimpse of Santa on a flying visit on Friday. Santa, who was giving his reindeer a pre-Christmas rest, made quite the entrance by instead arriving on a Coast Guard Helicopter. He ...

13 Dec 2024 at 16:14

City

Barclays lifts cap on bonuses for bankers in UK

Barclays has changed its pay policy to allow its top bankers outside of the European Union (EU) the chance to earn up to 10 times their base salary in bonuses. The move will include the UK bank, after financial regulators last year ...

12 Aug 2024 at 09:33

City

Nutmeg co-founder Nick Hungerford dies aged 43

Technology entrepreneur Nick Hungerford, who set up a charity in his daughter’s name to support bereaved children, has died at the age of 43. The co-founder of digital wealth management firm Nutmeg, who was diagnosed with a rare ...

12 Jul 2023 at 09:59

Greta Thunberg joins climate protest outside JP Morgan

Greta Thunberg has joined a protest outside JP Morgan demanding the bank stops funding fossil fuels. Along with the group Fossil Free London, the Swedish climate activist stood outside the entrance in Canary Wharf on Thursday ...

19 Oct 2023 at 13:45

World

JPMorgan sues former executive over ties to Epstein sex abuse

JPMorgan Chase is suing its former executive Jes Staley – alleging he helped to hide Jeffrey Epstein’s years-long sex abuse and trafficking in order to keep the financier as a client. The New York bank wants to hold Mr ...

09 Mar 2023 at 08:58

City

JP Morgan sues ex-Barclays boss Jes Staley over ties to Jeffrey Epstein abuse

American banking giant JP Morgan Chase is suing former Barclays boss Jes Staley to hold him personally responsible for his alleged ties to convicted sex offender Jeffrey Epstein. JP Morgan filed a complaint which ...

09 Mar 2023 at 10:43

Staley sent client information to Epstein while at JP Morgan, tribunal told

The former chief executive of Barclays, Jes Staley, shared client information with paedophile financier Jeffrey Epstein while working for JP Morgan (JPM), a tribunal has heard. Mr Staley was fined more than £1.8 ...

11 Mar 2025 at 16:00

Midweek office work returns to pre-Covid levels, says major landlord

Workers in central London are coming into the office midweek just as much as before the pandemic, according to one of the city’s biggest landlords. British Land said on Thursday that midweek occupancy across ...

22 May 2025 at 11:48

Banks significantly increased fossil fuel financing in 2024, analysis finds

The world’s biggest banks significantly increased their fossil fuel finance in 2024, according to an analysis. The top 65 lenders – which include UK giants Barclays, HSBC, Natwest and Lloyds Banking Group – ...

17 Jun 2025 at 08:53

City

Starling Bank and Beauty Pie top list of ‘women-powered’ UK firms

Starling Bank and Beauty Pie have topped a list of the fastest-growing UK businesses led by women – while fitness influencer and entrepreneur Grace Beverley has emerged as a rising star, a new report has ...

17 Sept 2024 at 00:01

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