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Jamie Dimon, chairman and chief executive of JP Morgan, speaks during the session 'The Next Shock: Are We Better Prepared?' at the annual World Economic Forum in Davos, Switzerland, on January 27, 2011. Dimon took questions from the audience and pleaded for policy makers to take the pressure off bankers, which has been heavily applied since the start of the crisis, Dow Jones Newswires reported.

Financial News brings you the latest images from the 41st World Economic Forum in Davos

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Lauren Willington

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Find out who is on the move in the City and beyond this week

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The European Union has a plan to counteract the swathe of tariffs U.S. President Trump is planning to impose on foreign goods, European Commission President Ursula von der Leyen said.

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The Japanese investment firm is entwining its fortunes with a company that expects to lose billions of dollars for years to come, in the hope that it will emerge as the leader in AI.

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The prospect of a radical escalation in the global trade war in the coming days has nearly doubled the probability of a recession in the U.S. economy in the next 12 months to around 35%, according to Goldman Sachs.

Goldman Sachs Lifts U.S. Recession Probability to 35%

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