Prominent industry figure Ian Hannam's appeal was overturned by the Upper Tribunal, resulting in a £450,000 fine.
Read moreA small percent of shares are being held by JP Morgan' asset management arm (3.72%), meaning they are being held mostly for clients of JP Morgan, but most of the shares are being held by JP Morgan Securities (7.39%), meaning that the bank is likely building a position itself in the company.
Read moreJP Morgan Asset Management and JP Morgan Securities acquire 4% of Plus500. CFD broker Plus500 (PLUS.L) can look back over recent events with some degree of satisfaction, with the entity continually demonstrating high stock prices since its equally high-ticket IPO. Today, the company has published a notification of major interest in shares, denoting that corporate…
Read moreJPMorgan's CEO Jamie Dimon trash talks the digital currency citing rather old media stories It almost seems as if the days when we saw gargantuan moves in Bitcoin prices are long gone now. The market has settled down after the Chinese Bitcoin downfall in December and it has also recovered rather steadily from that too.…
Read moreThe megabank adds yet another lawsuit to its growing settlements list The never-ending story of banking industry heavyweights getting hefty fines goes on with yet another twist. First it was the uncovering of mortgage fraud, then the Libor scandal, followed by the London Whale and now we still have an ongoing investigation surrounding the 4pm London…
Read moreLesson learned? Right or wrong, don't (overly) fight your regulator. In normal times, a $100 million fine levied against a respected, regulated, licensed broker would make headlines. Big headlines. But today's announcement that the CFTC, with its staff now back at work after the US Government shutdown, has fined JP Morgan (NYSE:JPM) $100 million over…
Read moreFXall's underwriter's predictably have near-identical price targets.
Read moreFXall's underwriter's predictably have near-identical price targets.
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