New City watchdog kicks off with £3m fine for JPMorgan

The new City watchdog issued a statement of intent today, slapping a £3 million fine on JPMorgan’s wealth management arm.

JP Morgan: Are investors about to clip Jamie Dimon's wings?

The all-powerful chairman and chief executive of JPMorgan, weakened by gigantic trading losses on his watch, faces calls to split his roles

Also showing: The Liability, The Reluctant Fundamentalist and Deadfall

The Liability (95 mins, 15)

Walmart suffers surprise drop in sales

The grim consumer environment in the United States led to an unexpected drop in sales in Walmart over the first quarter, with the world's largest retailer missing Wall Street expectations.

Larry Page: problem with his vocal cords that can make it difficult for him to speak and breathe

Google chief executive Larry Page breaks silence on 'rare' vocal cord problem

Mysterious absence led to speculation over whether search giant was hiding an ailing chief

Sir Alex Ferguson latest: Manager retires but will remain a director of club after 27 years in charge of Manchester United

'I built a club, not just a team', says the most successful football manager in the modern game after announcement that this is ‘the right time’ to go

Van Dyke Parks, Songs Cycled (Bella Union)

Album review: Van Dyke Parks, Songs Cycled (Bella Union)

Van Dyke Parks deals in Americana of a different vintage to most musicians. In some ways, he's closer to Charles Ives than Hank Williams or Robert Johnson, his work redolent of an earlier, smalltown America, but viewed through a distorting mirror.

Starbucks toasts profits rise

Starbucks matched Wall Street’s expectations with its quarterly profits, after the world’s largest coffee chain enjoyed a strong performance in the US despite the sluggish economic backdrop.

Sheryl Sandberg: Passion of a feminist power player

Gideon Spanier meets Sheryl Sandberg, Facebook’s chief operating officer, whose new book on how women can overcome inequality in the workplace has provoked controversy

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.”

Fed stimulus debate minutes released early

The minutes of the last meeting of the US Federal Reserve arrived five hours earlier than expected today, with the record showing a growing debate about whether the central bank should begin rolling back its stimulus measures as early as mid-year.

S&P 500 sets record closing high

The S&P 500 index reached a record closing high last night, climbing beyond the 1,565 level struck in October 2007, a year before the collapse of the Lehman Brothers.

Visa Europe $3bn sell-off to Americans is on the cards

Visa Europe's owners are considering selling the credit-card company and setting up a rival system across the Continent.

UK software firm Autonomy probed over Hewlett-Packard fraud claims

HP bought the Cambridge-based software maker for $10bn in 2011 and then wrote off $8.8bn late last year in a move that stunned Wall Street.

The Business Matrix: Saturday 9 March 2013

Women's day on Wall Street

Arts and Entertainment
Sydney and Melbourne are locked in a row over giant milk crates
art
News
Kenny Ireland, pictured in 2010.
peopleActor, from House of Cards and Benidorm, was 68
News
A scene from the video shows students mock rioting
newsEnd-of-year leaver's YouTube film features staging of a playground gun massacre
Travel
travel
Voices
A family sit and enjoy a quiet train journey
voicesForcing us to overhear dull phone conversations is an offensive act, says Simon Kelner
News
i100This Instagram photo does not prove Russian army is in Ukraine
News
Morrissey pictured in 2013
people
Sport
sportVan Gaal has £500,000 video surveillance system installed to monitor Manchester United players
Environment
View from the Llanberis Track to the mountain lake Llyn
Du’r Arddu
environmentA large chunk of Mount Snowdon, in north Wales, is up for sale
Life and Style
Martha Stewart wrote an opinion column for Time magazine this week titled “Why I Love My Drone”
lifeLifestyle guru Martha Stewart reveals she has flying robot... to take photos of her farm
Career Services

Day In a Page

Burgundy, the River Rhone & Provence – MS Swiss Corona - seven nights from £999pp
Lake Maggiore, Orta and the Matterhorn – seven nights from £899pp
Sicily – seven nights from £939pp
Pompeii, Capri and the Bay of Naples - seven nights from £799pp
Istanbul Ephesus & Troy – six nights from £859pp
Mary Rose – two nights from £319pp
Dress the Gaza situation up all you like, but the truth hurts

Robert Fisk on Gaza conflict

Dress the situation up all you like, but the truth hurts
Save the tiger: Tiger, tiger burning less brightly as numbers plummet

Tiger, tiger burning less brightly

When William Blake wrote his famous poem there were probably more than 100,000 tigers in the wild. These days they probably number around 3,200
5 News's Andy Bell retraces his grandfather's steps on the First World War battlefields

In grandfather's footsteps

5 News's political editor Andy Bell only knows his grandfather from the compelling diary he kept during WWI. But when he returned to the killing fields where Edwin Vaughan suffered so much, his ancestor came to life
Lifestyle guru Martha Stewart reveals she has flying robot ... to take photos of her farm

Martha Stewart has flying robot

The lifestyle guru used the drone to get a bird's eye view her 153-acre farm in Bedford, New York
Former Labour minister Meg Hillier has demanded 'pootling lanes' for women cyclists

Do women cyclists need 'pootling lanes'?

Simon Usborne (who's more of a hurtler) explains why winning the space race is key to happy riding
A tale of two presidents: George W Bush downs his paintbrush to pen father’s life story

A tale of two presidents

George W Bush downs his paintbrush to pen father’s life story
Restaurateur Mitch Tonks has given the Great Western Pullman dining car a makeover

The dining car makes a comeback

Restaurateur Mitch Tonks has given the Great Western Pullman dining car a makeover
Gallery rage: How are institutions tackling the discomfort of overcrowding this summer?

Gallery rage

How are institutions tackling the discomfort of overcrowding this summer?
Louis van Gaal has £500,000 video surveillance system installed to monitor Manchester United players

Eye on the prize

Louis van Gaal has £500,000 video surveillance system installed to monitor Manchester United players
Women's rugby: Tamara Taylor adds fuel to the ire in quest to land World Cup

Women's rugby

Tamara Taylor adds fuel to the ire in quest to land World Cup
Save the tiger: The day America’s love of backyard tigers led to a horrific bloodbath

The day America’s love of backyard tigers led to a horrific bloodbath

With only six per cent of the US population of these amazing big cats held in zoos, the Zanesville incident in 2011 was inevitable
Samuel Beckett's biographer reveals secrets of the writer's time as a French Resistance spy

How Samuel Beckett became a French Resistance spy

As this year's Samuel Beckett festival opens in Enniskillen, James Knowlson, recalls how the Irish writer risked his life for liberty and narrowly escaped capture by the Gestapo
We will remember them: relatives still honour those who fought in the Great War

We will remember them

Relatives still honour those who fought in the Great War
Star Wars Episode VII is being shot on film - and now Kodak is launching a last-ditch bid to keep celluloid alive

Kodak's last-ditch bid to keep celluloid alive

Director J J Abrams and a few digital refuseniks shoot movies on film. Simon Usborne wonders what the fuss is about
Once stilted and melodramatic, Hollywood is giving acting in video games a makeover

Acting in video games gets a makeover

David Crookes meets two of the genre's most popular voices