News Jamie Dimon, JP Morgan's chairman and chief executive, apologised for initially dismissing the affair as

Wall Street Bank agrees to make payouts to four regulators in compensation for derivative losses in 2012 costing $6.2bn

JPMorgan fined record £33.3m for failing clients

The City of London was on tenterhooks last night as it emerged that the Financial Services Authority (FSA) is preparing to hit a string of banks with eight-figure penalties after fining JPMorgan a record £33.3m fine for failing to keep as much as $23bn (£16bn) of its clients' funds separate from its own money.

David Prosser: Forcing banks to get the basics right

Outlook The £33m fine handed down by the Financial Services Authority to JPMorgan yesterday is quite some punishment, but it fits the crime. Astonishingly, for almost seven years this bank failed to keep the money of some clients separate from its own. At one stage, $23bn of customers' money was not held in segregated accounts.

Banking giant fined £33m for risking clients' cash

Investment banking giant JP Morgan was fined a record £33.3 million today over its failure to ring-fence billions of pounds of client money.

Gross Misconduct, By Venetia Thompson

It is a few months prior to the collapse of Lehman Brothers, and the City is still flying high. Venetia Thompson, a well-spoken university graduate, finds herself working among the barrow boys of Essex at a brokerage firm on the upper echelon's of Canary Wharf's mirrored towers.

JPMorgan leads banks' comeback with $3bn profit

While the threat of profit- sapping financial reform looms on the horizon for the major investment banks, one of their number, JPMorgan Chase, showed that for now at least the good times are continuing to roll.

JP Morgan in line for huge windfall after tax break claim

JP Morgan Chase, the retail and investment banking giant, is in line for a $1.4bn windfall from the US taxpayer, as a result of a little-noticed provision in an economic stimulus bill that went through Congress last year.

FSA to clamp down on bankers earning over £1m

The UK's financial services watchdog is to hit bankers earning more than £1m a year with a new tax that will apply to this year's bonuses, as it emerged that the US investment bank JP Morgan Chase is to defy calls for restraint by paying out bumper bonuses for 2009.

James Moore: So, happily ever after for JP and Caz?

Outlook It's been the longest of corporate courtships. The terribly traditional Cazenove has been cohabiting with JP Morgan in a joint venture for years, but only yesterday tied the knot.

JP Morgan veteran out in executive reshuffle

Bill Winters, one of London's most prominent investment bankers, is leaving his job as co-chief of the JP Morgan investment bank.

JP Morgan

In our article, 'GMAC – Woolies' lender – puts UK book up for sale' (13 September 2009) we referred to an article published by the ICAEW about JP Morgan exiting the Asset Backed Loan market as a syndicator of loans. JP Morgan has asked us to point out that it is still participating in the ABL market and has not exited from the sector.'

Cazenove and JP Morgan close to buyout terms

Senior management at Cazenove and JP Morgan are thought to be close to agreeing a price for the blue-blooded City firm, which could see the American bank buy out the joint venture before the end of the year.

Blavatnik to sue JP Morgan over $98m loss on toxic debt

Len Blavatnik, the Russian-born billionaire who last week pulled out of a rescue deal for Setanta, is embroiled in a bitter battle with his company's US investment adviser, JP Morgan Chase, which he says lost him $98m on toxic mortgage assets.

JPMorgan to raise $5bn in share sell-off

JPMorgan Chase headed a new round of fundraising activity by US financial firms last night, saying it would sell $5bn (£3bn) in new shares to help repay the $25bn it borrowed from the federal government during last year's credit market panic.

MF Global ordered to pay former client £20m after trading 'deceit'

A High Court judge yesterday told MF Global to pay damages of up to £20m to a former client who lost millions of pounds after being "ensnared in a web of deceit" spun by a former employee of the City brokerage firm, previously known as Man Financial.

US giant Wasington Mutual is taken over

JPMorgan Chase and Co. Inc has acquired the assets of Washington Mutual Inc's banking operations after US federal regulators seized the ailing credit union.

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Isis hostage crisis: The prisoner swap has only one purpose for the militants - recognition its Islamic State exists and that foreign nations acknowledge its power

Isis hostage crisis

The prisoner swap has only one purpose for the militants - recognition its Islamic State exists and that foreign nations acknowledge its power, says Robert Fisk
Missing salvage expert who found $50m of sunken treasure before disappearing, tracked down at last

The runaway buccaneers and the ship full of gold

Salvage expert Tommy Thompson found sunken treasure worth millions. Then he vanished... until now
Homeless Veterans appeal: ‘If you’re hard on the world you are hard on yourself’

Homeless Veterans appeal: ‘If you’re hard on the world you are hard on yourself’

Maverick artist Grayson Perry backs our campaign
Assisted Dying Bill: I want to be able to decide about my own death - I want to have control of my life

Assisted Dying Bill: 'I want control of my life'

This week the Assisted Dying Bill is debated in the Lords. Virginia Ironside, who has already made plans for her own self-deliverance, argues that it's time we allowed people a humane, compassionate death
Move over, kale - cabbage is the new rising star

Cabbage is king again

Sophie Morris banishes thoughts of soggy school dinners and turns over a new leaf
11 best winter skin treats

Give your moisturiser a helping hand: 11 best winter skin treats

Get an extra boost of nourishment from one of these hard-working products
Paul Scholes column: The more Jose Mourinho attempts to influence match officials, the more they are likely to ignore him

Paul Scholes column

The more Jose Mourinho attempts to influence match officials, the more they are likely to ignore him
Frank Warren column: No cigar, but pots of money: here come the Cubans

Frank Warren's Ringside

No cigar, but pots of money: here come the Cubans
Isis hostage crisis: Militant group stands strong as its numerous enemies fail to find a common plan to defeat it

Isis stands strong as its numerous enemies fail to find a common plan to defeat it

The jihadis are being squeezed militarily and economically, but there is no sign of an implosion, says Patrick Cockburn
Virtual reality thrusts viewers into the frontline of global events - and puts film-goers at the heart of the action

Virtual reality: Seeing is believing

Virtual reality thrusts viewers into the frontline of global events - and puts film-goers at the heart of the action
Homeless Veterans appeal: MP says Coalition ‘not doing enough’

Homeless Veterans appeal

MP says Coalition ‘not doing enough’ to help
Larry David, Steve Coogan and other comedians share stories of depression in new documentary

Comedians share stories of depression

The director of the new documentary, Kevin Pollak, tells Jessica Barrett how he got them to talk
Has The Archers lost the plot with it's spicy storylines?

Has The Archers lost the plot?

A growing number of listeners are voicing their discontent over the rural soap's spicy storylines; so loudly that even the BBC's director-general seems worried, says Simon Kelner
English Heritage adds 14 post-war office buildings to its protected lists

14 office buildings added to protected lists

Christopher Beanland explores the underrated appeal of these palaces of pen-pushing
Human skull discovery in Israel proves humans lived side-by-side with Neanderthals

Human skull discovery in Israel proves humans lived side-by-side with Neanderthals

Scientists unearthed the cranial fragments from Manot Cave in West Galilee