Fund supermarkets still face number of obstacles before rolling out their investment trust (IT) propositions, according to J.P. Morgan Asset Management.
Three brave finance professionals are preparing to undertake a gruelling walk to the North Pole, with the aim of raising £1m for worthy causes.
Meteor has appointed former RBS man David Stuff as managing director of Meteor Investment Solutions (MIS) as it looks to widen the distribution of listed structured products.
JPMorgan Chase is spinning out the "special investments group" from its troubled chief investment office (CIO) as executives clean up the division that caused $2bn trading losses, according to people familiar with the matter.
A group of financial professionals are walking to the North Pole in an effort to raise £1m for injured Forces personnel.
UK banking shares dragged the FTSE 100 lower this morning as sentiment struggled following J.P. Morgan's revelation that it lost $2bn in a trade which went awry.
Shares in JPMorgan Chase fell almost 7% in after hours trading on Wall Street on Thursday after it revealed a surprise $2bn derivatives trading loss by a London trader.