JP Morgan benefitted from Jeffrey Epstein’s sex crimes, as per a lawsuit filed by the attorney general of the US Virgin Islands earlier this week. The charges levelled against the bank also mention that it helped Epstein conceal the sexual abuse of underage girls at his property on Little St.

JP Morgan chase lawsuit: US Virgin Islands accuses the bank of aiding Jeffrey Epstein's sex crimes

JP Morgan Chase CEO Jamie Dimon has predicted that the United States and global economy would plunge into a recession next year. He was speaking with CNBC when he made the prediction.

US economy to dip into recession next year: JP Morgan CEO Jamie Dimon

Citigroup has said that it plans to shut down its retail bank in the United Kingdom, as it overhauls its business structure. The firm said that it would be focusing on its wealthiest customers in the UK, and will be inviting certain clients to transition to its private bank.

Citigroup plans to shut down its lone retail bank in UK

The London court will today begin to hear a lawsuit launched by Nigeria against US bank JP Morgan chase, claiming more than $1.7 billion for its role in a disputed 2011 oil field deal.

Nigeria sues JP Morgan for $1.7 billion over oil deal

US bank JP Morgan, in a new report, has revealed that the oil prices could surge by 66 per cent in 2022, which is US $125 per barrel. Crude oil could cost as much as US $150 per barrel by 2023.

Oil price could rise to $125 per barrel in 2022, warns US bank JP Morgan

CEO Jamie Dimon believes that JP Morgan to outlast China's Communist Party. During the company's anniversary party, he said ''The Communist Party is celebrating its 100th year.

Jamie Dimon believes JP Morgan will outlast China's Communist Party

Tesla CEO Elon Musk has been sued for his ''flagrantly'' ignorant tweets by investing giant JPMorgan. The company has alleged that Musk is clearly ignoring his contractual obligation to pay for its stock warrants contract that expired in July and are worth $162 million.

JP Morgan sues Tesla CEO Elon Musk for his 'flagrantly' ignorant tweets

US investment bank JPMorgan on Monday confirmed it is financing the breakaway Super League featuring 12 of Europe's top football clubs, which threatens to shake-up the world's biggest sport.

US bank JPMorgan says it's financing football Super League

JPMorgan Chase is close to paying almost $1 billion to resolve government investigations into the alleged manipulation of metal and Treasurys markets

JP Morgan set to pay $1 billion in spoofing penalty

Negative interest rates: Bankers at the International Monetary Fund meeting weigh-in

China will remove business restrictions on foreign banks, brokerages and fund management firms, a cabinet meeting chaired by Premier Li Keqiang said on Wednesday, state television reported.

China to scrap business curbs on foreign banks, brokerages

From the pinnacle of the City of London's largest skyscraper, Stuart Lipton is wagering a $1.2 billion bet that the British capital remains a master of the international financial universe no matter what happens with Brexit.

London retains global finance throne amid Brexit chaos

Saudi Aramco is pressing ahead with its listing plans this week, although some investors and analysts doubt it can now meet its timeline as it has not said when oil output will be restored after attacks on its facilities.

Saudi Aramco pursues IPO planning despite attack damage doubts

US job growth likely slowed further in August, but the pace of gains probably remains sufficient to keep the economy expanding moderately amid rising threats from trade tensions and weakness overseas that have left financial markets fearing a recession.

Slower US job growth expected, but enough to support economy

Apple Inc will likely see a surge in services revenue in the third quarter, charged by app store developer revenue and renewed growth in China, critical areas for the future as the iPhone maker faces a maturing smartphone market, Evercore ISI said on Tuesday.

Apple likely to see surge in third quarter revenue charged by China: Analyst

The EU's powerful anti-trust authority on Thursday fined five major banks -- including Barclays and Citigroup -- more than a billion euros for collusion in the massive foreign exchange currency market.

European Union fines five major banks $1.2 billion for currency collusion

Army court sentences Major General, 6 others to life in fake encounter case Army court sentences Major General, 6 others to life in fake encounter caseA Summary General Court Martial (SGCM) of the Indian Army convicted seven personnel, including a Major General for their alleged involvement in a 1994 fake encounter case in Assam.

News brief: Big stories of the day

Hong Kong's Hang Seng lost 0.5 percent, pulling back from a two-month peak to snap a five-day winning run and Shanghai inched up 0.05 percent

Global Markets: Asia stocks pull back as investors eye new risks; oil higher

The astronomic rise of the price of bitcoin over the past 12 months raises fears that the cryptocurrency is set to crash which could see many people lose money

Opinion: Bitcoin is a highly speculative investment. Why caution is required

EU fined HSBC, JP Morgan and Credit Agricole a total of 485 million euros for manipulating the Euribor interest rate

EU fines three major banks over interest rate rigging

JPMorgan CEO Jamie Dimon reportedly turns down Treasury secretary post; Michigan mega donor Betsy DeVos rumoured for education secretary

Trump's transition team struggles to find takers to 'drain the swamp'

Siemens will pay Mentor Graphics shareholders $37.25 per share, a 21-per cent premium to Friday's closing price

Siemens boosts software business with $4.5 billion deal with Mentor Graphics

The bank's board has announced a rescue plan for shifting the billions of euros in bad loans that have weighed down on BMPS

EU bank stress test: World's oldest bank, BMPS ends in negative

The bank plans to expand its business in India at a time when other foreign banks like Barclays Plc are scaling down or closing shop

JP Morgan to open 3 new branches in India

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