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: Resolution gets a result for Cowdery

Clive Cowdery's Resolution was in demand yesterday following upgrades from brokers at Barclays Capital and JP Morgan. Analysts at BarCap seemed enthused by a meeting with the insurer's management, who are crunching together the Friends Provident, Axa Life and Bupa businesses that Mr Cowdery acquired after launching the company in 2006.

Huge profits at JP Morgan boost hopes for US recovery

Mortgage originations climbed strongly compared to last year

Jamie Dimon spoke of 'positive signs' that signs that US economy is 'healthy and getting stronger'

JP Morgan Chase shows 33% rise amid signs that US economy is 'healthy and getting stronger'

JP Morgan Chase, America’s largest bank by assets, surpassed expectations with its quarterly profits today, booking a 33 per cent rise as chief executive Jamie Dimon spoke of “positive signs” that the world’s largest economy is “healthy and getting stronger.”

China's surprise trade deficit as imports surge

The Chinese economy is still growing apace, though it recorded a surprise trade deficit for the month of March as imports surged.

Schroders eyes a takeover of Cazenove

Two of the oldest names in the City look set to come together after fund management group Schroders said it is considering a takeover of its smaller rival Cazenove Capital.

Former trader jailed for four years for insider dealing

A former futures trader was yesterday sentenced to four years jail after being found guilty of insider dealing.

HellermannTyton is set to launch €35m listing in London

The cabling products maker HellermannTyton is planning a London listing at the end of this month to raise €35m (£30m) to finance its growth.

Lehman wants to question ‘London Whale’ over collapse

Lehman Brothers Holdings wants to question Bruno Iskil, the trader known as the London Whale who lost JP Morgan millions, about any role he might have played in the investment bank’s 2008 collapse.

Wall St: Jefferies CEO's pay tops US bank rivals

Richard Handler, the head of the investment bank Jefferies, has raked in more in annual pay for 2012 than his opposite numbers at some of Wall Street's bigger and better-known firms.

Ben Chu: What a wonderful world the magnificent Jamie Dimon inhabits

Davos Outlook Some things at Davos never change. The snow is heaped in thick slices on the gabled roofs. Audis with tinted windows prowl up and down the Promenade. Delegates are given goody bags filled with useless tat. And Jamie Dimon, the boss of JP Morgan, stands up, belligerently, for the banks.

Banking giant Barclays has agreed to buy savings and mortgage business ING Direct UK in a deal that will see it add another 1.5 million customers.

Sign up to new code of conduct or quit, Barclays' staff told

Barclays' staff were today told to sign up to an ethical code of conduct or quit, as part of the bank's crusade to repair its battered reputation.

JP Morgan chief counts the cost of 'London Whale' loss as bonus is cut by half

Directors say he held 'ultimate responsibility' for trading blunder

Ben Chu: These banks' fortress balance sheets aren't as impregnable as they look

Outlook The London Whale turned out to be more like the London goldfish. JP Morgan's results for the final three months of 2012 today confirmed that Jamie Dimon's Wall Street juggernaut emerged from its annus horribilis in surprisingly decent shape. Revenues were up 10 per cent on the same period of the previous year. Profits were 53 per cent higher. For the full year, profits came in at $21bn (£13bn), 12 per cent higher than 2011. The $6bn trading loss resulting from the activities of the derivatives trader Bruno Iksil, uncovered in May, turned out to be no more than a small blip for this profit-making machine.

The Goldman Sachs' building in London

An AVERAGE bonus of £250k for 6,000 UK employees at Goldman Sachs

Nearly 6,000 UK employees at US banking giant Goldman Sachs are among staff sharing out 12.9 billion US dollars (£8.1 billion) in pay and bonuses for 2012 after it posted better-than-expected profits.

Goldman bankers' £8bn bonus after bumper year

Goldman Sachs is likely to revive the controversy over excessive bonuses as it kicks off the banking results season this week by announcing total pay awards for its staff totalling more than £8bn.

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