Trump Sues JPMorgan and Jamie Dimon for $5bn
US President Donald Trump has reportedly filed a $5 billion lawsuit against JPMorgan Chase and CEO Jamie Dimon, alleging the bank unfairly cut his services after the Capitol riot.
Category : Corporate
HSBC Chair Joins Starmer on China Visit
HSBC's new permanent chair Brendan Nelson will accompany Prime Minister Keir Starmer to Beijing next week as part of a business delegation aiming to reset UK-China relations.
BTS Tour to Trigger Major US Economic Boom
K-pop supergroup BTS is poised to generate tens of billions in economic activity with their upcoming world tour, potentially surpassing Taylor Swift's impact as fans prepare to travel extensively.
Former JPMorgan Banker Launches European Sports Fund
A former JPMorgan investment banker has partnered with a Eurosport veteran to launch Athvance Capital, a new European sports investment fund targeting under-commercialised assets.
HSBC Middle East Chief Backs Dubai Branch for Talent
HSBC's Middle East funds chief supports a new Dubai branch to attract top financial talent, enhancing the bank's regional presence and competitiveness.
Sara Bailey: 'Too Yorkshire' Remark and Legal Career
Sara Bailey, senior partner at Trowers & Hamlins, shares her journey from Yorkshire to the City, including being told she was 'too Yorkshire', and discusses her proudest moments and career advice.
Ex-LSEG Head Becomes Ocean Wall CEO
A former head of capital markets at the London Stock Exchange Group has taken on the role of chief executive officer at Ocean Wall, a strategic move in the financial services sector.
Holmes Asks Trump to Commute Prison Sentence
Disgraced Theranos founder Elizabeth Holmes has petitioned Donald Trump to commute her 11-year prison sentence for defrauding investors in her collapsed blood-testing startup.
US Firm Buys UK Probiotics Brand Symprove
American nutritional supplements company Metagenics is set to acquire British probiotic manufacturer Symprove, highlighting booming global demand for gut-health products.
O'Leary's £1.7bn Payout if Musk Buys Ryanair
Ryanair's long-serving CEO Michael O'Leary stands to gain a staggering £1.7bn payout if Elon Musk follows through on threats to acquire the airline, though EU regulations present major obstacles.
Dimon Calls for Stronger NATO and Europe at Davos
JP Morgan CEO Jamie Dimon warns the world is 'not safe' and advocates for enhanced European security and NATO strength during World Economic Forum address.
Davos: Laser SMS to Global Power Talks
Explore the World Economic Forum's evolution in Davos, from a 2001 laser SMS projection to exclusive gatherings of world leaders and business elites shaping global policy.
Audit Leaders Slam Government Reform U-Turn
Senior audit figures criticise the government's reversal on key reform proposals, calling the decision illogical and damaging for financial oversight.
BlackRock Wealth Head Joins HarbourVest in EMEA Move
BlackRock's head of wealth management for Europe, Middle East, and Africa has left the firm to join HarbourVest Partners, marking a significant talent acquisition in the competitive asset management sector.
Investment Trust Rejects Hedge Fund's Board Takeover
Edinburgh Worldwide Investment Trust shareholders overwhelmingly reject Saba Capital's resolutions to replace the board, ending Boaz Weinstein's latest activist campaign.
Five-Point Business Health Check for 2026 Success
Expert guidance on treasury and risk management to help UK businesses prepare for economic uncertainties, interest rate changes, and foreign exchange volatility in 2026.
Global Minimum Tax Holds Despite US Exemption
The OECD's Pillar 2 global minimum tax rules have been preserved despite a controversial US exemption, though geopolitical tensions reveal limits of international cooperation.
Netflix Shares Fall Despite Warner Bros Bid Changes
Netflix shares fell 5% despite record subscriber and revenue figures, as investors reacted nervously to simplified Warner Bros takeover terms and forward guidance.
Musk Floats Ryanair Buyout After Calling CEO 'An Idiot'
Elon Musk has suggested buying Ryanair in a social media poll, escalating a public spat with CEO Michael O'Leary over Starlink installation costs and fuel efficiency concerns.
UK Government Drops Carillion Audit Reforms
The UK government has abandoned its long-promised audit reforms, eight years after the collapse of Carillion exposed systemic flaws in the audit market.
Netflix Sweetens Warner Bros Bid with All-Cash Offer
Netflix has enhanced its $82.7bn bid for Warner Bros Discovery by switching to an all-cash deal, aiming to accelerate completion and block Paramount's hostile takeover attempt.
Millionaires Demand Higher Taxes on Super-Rich
Nearly 400 millionaires and billionaires, including Mark Ruffalo and Brian Eno, call for increased taxes on the wealthy at Davos, citing political influence concerns.
GSK buys RAPT in $2.2bn food allergy drug deal
GSK acquires US biotech RAPT Therapeutics for $2.2bn, gaining a promising treatment for severe nut and milk allergies. The deal supports GSK's £40bn revenue target by 2031. Read the full story.
GSK buys US biotech Rapt for $2.2bn in major deal
Pharmaceutical giant GSK has agreed to acquire California-based Rapt Therapeutics for $2.2bn, gaining rights to a promising food allergy drug. Read the full details of the deal here.
Government scraps plans for new audit regulator
Ministers have abandoned plans to create a new, more powerful audit regulator, the ARGA, leaving reforms in limbo. Discover what this means for UK financial oversight.
Labour scraps Audit Reform Bill to avoid business costs
The government has shelved the long-awaited Audit Reform Bill, citing cost concerns for large firms. Discover what this means for UK corporate governance and the future of regulation.
City & Guilds bosses' pay triples during £22m cuts
The new owners of City & Guilds have tripled top executives' pay to £6.2m while cutting £22m in costs and reducing UK jobs. Read the full investigation into the privatisation scandal.
UK retains investment appeal as CEO confidence falters
The UK remains a top global investment hub, sharing second place with Germany and India. However, CEO confidence in revenue growth has plummeted to a five-year low amid economic uncertainty.
UK retains investment appeal but faces growing competition
The UK remains a top global investment hub, sharing second place with Germany and India. Discover the challenges and opportunities for British business growth.
Ex-Entain bosses lose civil case against Gambling Commission
Former Entain executives Kenny Alexander and Lee Feldman have lost their civil claim against the UK Gambling Commission and must pay costs. The pair face separate criminal charges.
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