The boss of HSBC has said the bank is on course to move 1,000 jobs from its London business to Paris after British Prime Minister Theresa May confirmed Britain will scrap its single market membership after Brexit.

Jamie Dimon, chairman and CEO of JPMorgan Chase, spent $26.6m (€23.66m) to buy shares of his bank on Thursday after they tumbled to the lowest price in more than two years. Yesterday, the stock surged 8%, the most in more than four years.

Facebook’s Sheryl Sandberg, JP Morgan Chase’s Jamie Dimon, and Alibaba’s Jack Ma will share the spotlight with a prize-winning South Korean robot called Hubo at the annual meeting of the World Economic Forum this week in the Swiss ski resort.

A huge cyber attack against JPMorgan Chase this summer compromised customer information for about 76 million US households and seven million small businesses, the bank said.

JPMorgan Chase Bank has said a data breach has affected 76 million households and seven million small businesses.

Barclays chief executive Antony Jenkins and HSBC chairman Douglas Flint said the financial system’s safety has improved in the past five years, splitting delegates at the World Economic Forum in Davos, Switzerland.

The US government and JPMorgan Chase have agreed a record $13bn settlement over the company’s sales of low quality mortgage-backed securities that collapsed in value during the financial crisis, a source close to the talks has said.

JPMorgan Chase says it has reached a $4.5bn settlement with investors over mortgage-backed securities.

JP Morgan Chase & Co has reached a $13bn (€9.5bn) deal with the US Justice Department and other government agencies to settle investigations into bad mortgage loans the bank sold to investors before the financial crisis.

JP Morgan and Chase, seeking to end probes of a $6.2bn (€4.6bn) trading debacle, admitted to violating federal securities laws and agreed to pay about $920m for failing to implement adequate controls and providing incomplete information to regulators and its board.

JPMorgan Chase & Co’s first-quarter profit rose 33% to a record, beating analysts’ estimates on cost cuts and an improvement in consumer credit quality that let the bank reduce loan-loss reserves.

America’s biggest bank has been ordered to take steps to correct poor risk management that led to a surprise trading loss last year of more than six billion dollars (€4.4bn).

Ireland’s 12.5% corporate tax rate is coming under unprecedented pressure from the UK, US and the EU.

Mark Carney, the surprise outsider choice to head the Bank of England is an overachiever with several big financial roles already notched into his belt, and is also a fan of rock band AC-DC whose lyrics can seem to mirror his life.

JPMorgan Chase & Co, the biggest US bank, said it had lost $5.8bn (€4.7bn) in 2012 from disastrous credit bets and that traders might have tried to conceal the extent of the losses earlier this year.

US stocks skidded today as a looming election in Greece and the broader debt maelstrom in Europe provided an ominous backdrop.

TWO news stories from recent days eloquently reveal the madness of a world order that we have come to accept as normal, as “the way things are”.

The FBI has opened a probe into trading losses at JPMorgan Chase & Co, stepping up the pressure on the bank after the US Securities and Exchange Commission and the Federal Reserve said they were also looking into the wrong-way bets that led to the losses.

The CEO of JP Morgan Chase will face shareholders today in the wake of a trading blunder that cost them $2bn.

The chief investment officer at the US’s biggest bank is to step down after it unveiled shock $2bn (€1.55bn) losses last week.

JP Morgan Chase chief investment officer Ina Drew, one of the highest-placed women on Wall St, is to retire in the wake of the bank's $2bn (€1.5bn) trading blunder, it has been announced.

America’s biggest bank is expected to accept the resignation of one of the highest-ranking women on Wall Street after it lost $2bn in a trading blunder, a person familiar with the matter said.

JPMorgan Chase & Co, the biggest US bank by assets, says it has suffered a trading loss of at least $2bn (€1.53bn) from a failed hedging strategy, a shock disclosure that hit financial stocks and the reputation of the bank and its chief executive Jamie Dimon.

America’s largest bank JPMorgan Chase lost $2bn in the past six weeks in a trading portfolio designed to hedge against risks the company takes with its own money.

Some of the world’s top bankers are increasingly hopeful that the eurozone’s debt crisis can be resolved, and confident of a deal to ensure Greece’s now inevitable debt default will be orderly.

Hundreds of anti-Wall Street protesters held a “Millionaires March” past the homes of some of the wealthiest executives in America, stopping to jeer “Tax the rich!” and “Where’s my bailout?”

THE Occupy Wall Street movement in the US has been heating up again — resulting in about 50 arrests in Boston and plans for a Manhattan “Millionaires March” to the homes of some of New York city’s wealthiest residents.

Michelle and Barack Obama welcomed a mix of Hollywood A-listers, captains of industry and prominent Chinese-Americans to the White House as they threw a “quintessentially American” state dinner for the president of China, complete with apple pie, ice cream and jazz music.

US banking giant JPMorgan Chase kicked off a bumper results season for Wall Street titans after more than doubling profits in 2009. The figures revealed pay, bonuses and benefits across the bank as a whole rose 18% to $26.9 billion (€18.7bn).

US banking giant JP Morgan Chase kicked off a bumper results season for Wall Street titans today after more than doubling profits in 2009.

US giant JP Morgan Chase is set to unveil a multibillion dollar bonus pot when it kicks off the results season for Wall Street banks today.

Banking giant JP Morgan may scrap plans to build a new £1.5bn (€1.66bn) headquarters in London due to the British Government’s bonus tax and tougher City regulations, it was reported today.

US investment banking giant JP Morgan Chase kicked off the third-quarter bank reporting season today with a bigger-than-expected surge in profits.

US banking giant JP Morgan Chase today posted first-quarter profits of $2.1bn (€1.6bn), adding to hopes that the sector’s worst storms are behind it.