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JP Morgan to launch corporate banking unit

JP Morgan Chase is launching a corporate banking unit.

According to the Financial Times, the global business will be aimed at selling loans and commercial banking services to multinational corporations.

The new unit will sell products including loans and commodities, and offer services such as trading and cash management.

Countries on the bank’s target list include China, India and Brazil. The UK will follow, along with the rest of the world over a two-year period.


Kenmir: Significant change’

Ex-FSA chief Kenmir takes regulatory role at PwC

PricewaterhouseCoopers has appointed former FSA chief operating officer David Kenmir to its UK financial services regulatory practice. Kenmir will take up the role with immediate effect, with responsibility for helping to develop the range and depth of PwC’s regulatory offering. Kenmir was at the FSA since its inception in 1998, first as director of authorisation, […]

2015: a divergence in economic policy?

As the US continues to confound growth expectations and the eurozone’s ‘will they, won’t they’ saga has finally concluded, what are the implications for global markets? James Dowey, Neptune’s chief economist, puts forward his outlook for 2015 and the key considerations for investors.


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