Wall Street CEO holds meeting with John Healey amid speculation over windfall tax on banks in October budget

Jamie Dimon, the chief executive of the largest US bank, JP Morgan, is understood to have warned the UK chancellor, John Healey, against raising taxes on banks in his inaugural budget in October.

The Wall Street billionaire met the new chancellor on Wednesday and cautioned him that higher taxes could put investment and employment in the UK at risk, it is understood.

Jes Staley made comments to US lawmakers investigating his links to the convicted sex offender

The former Barclays boss Jes Staley has denied having sex with a woman dressed as Snow White, after being questioned about an infamous email exchange about Disney princesses with Jeffrey Epstein.

The comments were detailed in newly released transcripts from a closed-door interview last month with US lawmakers as part of their investigation into Epstein, who died in prison in August 2019 while awaiting trial on child sex-trafficking charges.

Elizabeth Warren asks Jamie Dimon if he was advised to ‘mildly threaten’ UK chancellor over tax on bankers’ bonuses

A leading Democratic senator has written to the boss of JP Morgan to request clarification on the bank’s contact with the child sex offender Jeffrey Epstein.

Elizabeth Warren, the top Democrat on the senate banking committee, wrote to Jamie Dimon last week to ask if he took advice from Epstein while lobbying against a UK tax on banker bonuses, in a letter published by the committee on Monday.

JPMorgan Chase leads 65 banks making decisions incompatible with restraining rising temperatures, researchers say

The world’s largest banks committed $906bn in financing to the fossil fuel industry last year, an “unfathomable” increase in investment locking in years more of coal, oil and gas production as the world continues to overheat, a new report has found.

The surge in new fossil fuel lending, up $64bn or nearly 8% on 2024, shows that the world’s largest 65 banks are making decisions incompatible with international agreements to restrain rising global temperatures, according to the coalition of environmental groups behind the new analysis.

Die US-Bank JP Morgan drängt ins deutsche Bankgeschäft und bietet zum Start bis zu vier Prozent Zinsen. Die Deutsche Bank zieht nach. Das Wichtigste zum Zins-Rennen.

SS and Glass Lewis back shareholder resolution amid fears over power wielded by Jamie Dimon, who holds both roles

Investors in JP Morgan have been urged to vote in favour of splitting the role of chief executive and chair at America’s largest bank, amid concerns over the power wielded by its billionaire boss Jamie Dimon.

ISS and Glass Lewis, which issue advice to some of the world’s biggest fund managers on how to vote at annual investor meetings, have thrown their weight behind a shareholder resolution that would ensure two separate people hold the office of chair and chief executive “as soon as possible”. Investors are due to vote on the resolution at the bank’s annual general meeting on 19 May.

The campaign, fronted by a CGI squirrel, is part of government initiative to boost financial risk taking, amid fears UK growth is being stymied

• Nils Pratley: the ‘Savvy Squirrel looks a hit too tame’

City firms are pinning their hopes on a government-endorsed advertising blitz fronted by a finance “savvy” CGI squirrel to encourage cautious British savers to shift out of cash and start investing.

The long-awaited retail investment campaign, which will cost up to £50m, is part of the chancellor Rachel Reeves’ nationwide push to encourage more financial risk taking, amid fears risk-averse consumers are losing out and ultimately stymying UK growth.

JP Morgan boss warns of risks of higher inflation and interest rates due to Iran war in annual letter to shareholders

• Middle East crisis – live updates

The head of the US’s largest bank has pressed the White House to strengthen Washington’s allies economically in order to “avoid truly adverse consequences”, in the latest intervention in an increasingly testy relationship with the Trump administration.

As the Middle East conflict sparked by US and Israeli attacks on Iran enters its sixth week, Jamie Dimon, the chair and chief executive of JP Morgan Chase, said in his annual letter to shareholders that good US foreign policy should put America first “though not alone”.

Jeffrey Epstein soll sein Vermögen auch mit aggressiven Steuertricks vergrößert haben. Dokumente aus den Epstein Files werfen dabei auch neue Fragen zur Rolle der Deutschen Bank auf.

Exclusive: Bank Policy Institute, representing lenders such as JP Morgan and Goldman Sachs, argues that new licenses could harm US consumers and financial system

Some of the largest US banks are considering suing their financial regulator, arguing that a new raft of licenses for crypto, payment and fintech could put American consumers and the wider financial system at risk.

The Bank Policy Institute (BPI), which represents 40 of the biggest US lenders including JP Morgan, Goldman Sachs and Citigroup, is understood to be weighing its legal options after the Office of the Comptroller of the Currency (OCC) failed to heed repeated warnings from influential banking groups and state regulators over its reinterpretation of federal licensing rules.

The final stretch of the JP Morgan Chase chief’s career is a bumpy one, as Trump himself demands prosecutors investigate Epstein’s ties to Dimon’s bank

Der verstorbene Sexualstraftäter versuchte 2009 die Kölner Privatbank Sal. Oppenheim zu kaufen. Dabei ging es ihm wohl nicht nur um ein lukratives Investment – er wollte sich offenbar dem Zugriff der US-Behörden entziehen.

Jamie Dimon warns of civil unrest but Nvidia’s Jensen Huang argues tech will create rather than destroy jobs

Jamie Dimon, the boss of JP Morgan, has said artificial intelligence “may go too fast for society” and cause “civil unrest” unless governments and business support displaced workers.

While advances in AI will have huge benefits, from increasing productivity to curing diseases, the technology may need to be phased in to “save society”, he said.

Exclusive: It follows calls from US senator Elizabeth Warren to investigate bank executives including ex-Barclays boss Jes Staley

US regulators say they are taking allegations that top banks may have facilitated Jeffrey Epstein’s criminal activity “very seriously”, as they faced calls to investigate executives including the former Barclays boss Jes Staley.

In correspondence seen by the Guardian, bosses from the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) said they had reviewed a letter from the Democratic senator Elizabeth Warren, which raised concerns over bankers’ alleged support for the convicted child sex offender Epstein.