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Truss tells bosses of American multinationals tax cuts are ‘just the start’

Liz Truss has told bosses of American multinationals her tax cuts are “just the start” of a long-term plan to “simplify” Britain’s taxes as she tries to lure investment. The Prime Minister told leaders of firms including Google, Microsoft and ...

21 Sept 2022 at 17:31

World

US Virgin Islands says it cannot find Elon Musk to serve subpoena

The government of the US Virgin Islands told a federal judge in New York on Monday it cannot find Elon Musk to serve him with a subpoena. The subpoena relates to documents in a lawsuit seeking to hold JPMorgan Chase liable for sex ...

16 May 2023 at 02:37

World

Banks working on rescue plan for First Republic, reports say

A group of Wall Street banks is planning a rescue package of at least 20 billion US dollars (£16.5 billion) for First Republic Bank, sources have told The Associated Press. The rescue package comes as San Francisco-based First ...

16 Mar 2023 at 19:00

World

JPMorgan Chase profits jump 52% amid banking turmoil

JPMorgan Chase posted a 52% jump in its first quarter profits, helped by higher interest rates, which allowed the bank to charge customers more for loans. The bank saw deposits grow noticeably, as business and customers ...

14 Apr 2023 at 13:23

World

Regulators seize troubled First Republic Bank

Regulators have seized troubled First Republic Bank and sold all of its deposits and most of its assets to JPMorgan Chase Bank in a bid to head off further banking turmoil in the US. San Francisco-based First Republic ...

01 May 2023 at 11:52

World

JP Morgan to pay over claims it enabled Epstein’s sex trafficking operations

JP Morgan Chase has agreed to pay 75 million dollars (£62 million) to the US Virgin Islands to settle claims that the bank enabled the sex trafficking acts committed by financier Jeffrey Epstein. JP Morgan said that ...

26 Sept 2023 at 17:34

City

Barclays ‘latest bank seeking to sever ties with Odey hedge fund’

Barclays is reportedly the latest banking giant to look at cutting ties with scandal-hit Odey Asset Management following sexual misconduct allegations against the hedge fund’s founder. The lender – Odey Asset ...

03 Jul 2023 at 09:12

World

JPMorgan reaches settlement with victims of Jeffrey Epstein

JPMorgan Chase has reached a settlement in a US class action lawsuit with victims of financier Jeffrey Epstein. Epstein was arrested in 2019 on federal charges accusing him of paying under-age girls hundreds ...

12 Jun 2023 at 15:14

World

Trump sues JPMorgan Chase for ‘debanking him for political reasons’

Donald Trump is suing banking giant JP Morgan Chase and its chief executive Jamie Dimon for five billion dollars (£4bn), accusing the firm of debanking him and his businesses for political reasons after he ...

22 Jan 2026 at 21:43

City

FTSE 100 up as latest peace talk claims weighed

The FTSE 100 made strong progress on Monday, despite continued oil price strength, on renewed hopes for a peace deal in the Middle East. The FTSE 100 closed up 160.61 points, 1.6%, at 10,127.96. The FTSE ...

30 Mar 2026 at 17:27

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