News Emergency services were called to 25 Bank Street at around 8am this morning

Gabriel joined JPMorgan in 2004 and worked in technology. He was not a trader or a banker.

Market Report: Red pen for RBS on profitability fears

The City withdrew funds from Royal Bank of Scotland yesterday on concerns it isn’t as profitable as some had hoped.Analysts at Bank of America Merrill Lynch took the red pen to the taxpayer-owned bank on fears of falling margins on mortgages, dividend anxiety in relation to capital-ratio requirements, plus the possible issues of its government-enforced bad bank, US housing claims looming and EU Libor settlements.

JPMorgan posts its first loss under Jamie Dimon

A wave of legal and regulatory woes wrecked JPMorgan’s third-quarter results, pushing the bank into something it managed to avoid throughout the financial crisis, a quarterly loss.

Markets welcome talk of Washington peace deal

Small improvements as shares improved, but US government shutdown still affecting many firms

Jim Armitage: Reuters' staff are soon to suffer the storm's wrath

Outlook Sad news filtering out from the venerable Reuters media group last night: 150 job cuts coming soon to the UK and European offices.

JP Morgan chief faces the music in person

It was an unusual sight: the boss of America's largest bank travelling to Washington for a face-to-face meeting with the US Attorney General to settle the lender's legal troubles.

RBS and Barclays sued in US case over collapse of credit unions

Barclays and Royal Bank of Scotland have become embroiled in a US lawsuit over the sale of almost $2.4bn (£1.5bn) worth of mortgage-backed securities to two credit unions that later failed.

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

JP Morgan fined £570m over ‘London Whale’ trading losses

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

JPMorgan chief Jamie Dimon rallies the troops

JPMorgan Chase & Co Chief Executive Jamie Dimon said the largest U.S. bank is bracing for more legal and regulatory scrutiny in the coming weeks and months, but outlined a series of steps the company has taken to improve operations in a memo to employees on Tuesday.

US court indicts JPMorgan ‘London Whale’ traders

Two former traders at JPMorgan who were at the centre of the bank’s $6.2 billion (£3.9 billion) “London Whale” losses have been indicted  in a US court for hiding huge  trading losses.

Privatisation of Lloyds begins as state sells 6% stake

Five years after the government bailouts, taxpayers are set to  recoup more than £3bn

Watchdog puts PwC audit of Berkeley under spotlight

Accountant PwC became the latest "Big Four" firm to fall into the sights of the UK's industry watchdog today.

Mergermarket sell off has private-equity firms pondering bids

A host of private-equity firms are mulling bids for Mergermarket, the online bible for City rumour and gossip that is being offloaded by Financial Times-owner Pearson.

Deloitte fined record £14m over MG Rover advice

Accountants Deloitte were today punished with a record £14 million fine for failing to manage conflicts of interest over their advice to collapsed car maker MG Rover.

Morrisons set to reveal a new profit blow

The chief executive of the Morrisons supermarket chain will have to defend another fall in profits this week, although he is expected to boast of a turnaround following its recent dire sales.

Why is campus politics such a magnet for LGBT students?

Student politics is increasingly dominated by the LGBT community. This can only be a good thing, says David Wilkinson

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