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JPMorgan hires Barclays’ Jempson for corporate broking in latest London recruit

Investment Banking Editor

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JPMorgan has hired a senior banker from Barclays to bolster its UK dealmaking team in the latest change at the US bank in London. 

Stuart Jempson has joined the US investment bank as a managing director within its UK coverage team, according to an internal memo seen by 

The US bank has been bolstering its European operation

Paul Clarke

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Sidley hires senior Latham London capital markets partner

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Willkie Farr hires Gibson Dunn antitrust team in Germany expansion

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Willkie grows in Germany with former Latham & Watkins team

Allspring names new CEO as Joe Sullivan takes exec chair role

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Kate Burke, who moves into the top job in July, has worked at Allspring since 2023

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.

EU Has Plan to Retaliate on U.S. Tariffs, Von der Leyen Says

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 BlackRock CEO says he wants individuals to have better access to the menu of private and illiquid investments that have long been core holdings of pensions, endowments and other institutions.

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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%

Tariff uncertainty and a flagging tech trade dragged the S&P 500 and Nasdaq lower to start 2025.

U.S. Stocks Post Worst Quarter Since 2022 on Threat of Trade War

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