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 boss seeks Bear staff backing for takeover

Jamie Dimon, chief executive of JPMorgan Chase, made a plea to Bear Stearns employees to support his company's cut-price takeover of the collapsed investment bank – and he dangled the prospect of significant bonuses for those who stayed.

In times of turbulence, you can still ride out the falls

Rushing to sell when shares dive can have dire consequences, writes Cherry Reynard. It's far better to take a long-term view and invest little by little

Blair set to take another lucrative position

Tony Blair, the former prime minister, is about to add Zurich Financial Services to his lucrative list of consultancies, according to rumours in Davos.

Blair set to take on job with JP Morgan

Tony Blair is taking a part-time post with one of the best-known American banks on an estimated salary of more than £500,000 a year.

Abbas to go ahead with poll on two-state deal with Israel

Mahmoud Abbas, the Palestinian President, was expected to call a referendum of Palestinians after the collapse of 11th hour talks aimed at securing Hamas's agreement to a plan aspiring to a two-state deal with Israel.

FOOTBALL: Glazer finds open books and closed doors at United

MANCHESTER UNITED last night allowed Malcolm Glazer to take a small step forward with his takeover bid, by granting him access to the club's books, but then effectively took his feet from under him by saying that they will not provide the potentially deal-breaking official recommendation the businessman requires.

Outlook: Glazer won't be so easy to reject this time

THE LAST time Malcolm Glazer made a bid for Manchester United, the whole thing collapsed in disarray after Mr Glazer went through with his threat to remove three directors from the board. This was understandably regarded as a declaration of war by his main financial backer, JP Morgan, which would only bankroll the bid it could be done on a friendly, agreed basis. JP Morgan promptly resigned and the bid was dead in the water.

Football: RAISING THE STAKES GLAZER'S RELENTLESS PURSUIT OF UNITED

Oct 2003: Makes three blocks of share purchases, takes holding to 9.66 per cent, second only to Cubic Expression. Nov: Raises stake to 14.31 per cent.

Football: Bankers give fresh impetus to Glazer's latest bid

MALCOLM GLAZER'S latest attempt to buy Manchester United was boosted yesterday as it emerged that his former backers, investment bankers JP Morgan, who dumped him last year, would be prepared to provide finance for a non-hostile takeover.

Personal Finance: How to weave your way in the investment Web

Do your homework when buying shares on the Net.
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