JPMorgan Europe, Middle East and Africa Securities trust said it will appeal the decision
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The US bank has also hired a Citi banker to bolster its team in the US
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The co-CEO of JPMorgan’s commercial and investment bank expects dealmaking revenue to increase again in the third quarter
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Larger transactions have lagged in other parts of the world, so leading firms are looking for new sources of revenue
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The US investment bank has bolstered its M&A team with two senior appointments
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The US bank has unveiled a flurry of new recruits for its mid-market business
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A shake-up of the Wall Street firm’s UK private banking team continues
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Catch up on the top news in wealth management this week
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Senior private banker heads to new employer after three decades
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The investment banker is the latest in a line of hires in recent weeks
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While the prophecies of instant disaster for the City never came true, many US banks are now looking all over the EU as well as in London when they want to hire or boost business
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The US asset manager is looking to main its lead in Europe’s active ETF market over the coming years
The US banks have been hiring dealmakers from one another in recent weeks
US investment banks made $9bn in investment banking fees during the second quarter, an increase of 7%, after analysts predicted a slump
Restructuring efforts begin to pay off but firms are still playing catch up with Morgan Stanley and Bank of America
US banks have capitalised on big market swings from Donald Trump’s trade war
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The US bank beat expectations with an unexpected increase in dealmaking fees during the second quarter
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The new unit, called strategic financing solutions, will work across a number of JPMorgan’s units
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The stocks have surged to prices that may give them little room for error as investors evaluate the results
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Catch up on the top news in wealth management this week
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