Former IFS Qatar chief fined but contests
A former chief executive of International Financial Services in Qatar fined and banned by authorities in the country, has hit back at the regulators prejudiced and inaccurate portrayal of his misconduct.
JP Morgan
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Heavy fines reveal FCA clampdown on market abuse
Market abuse was one of the Financial Conduct Authoritys most handled offences in 2013, with the regulator issuing over £340m worth of fines for the crime.
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JPMAM to close five fixed maturity bond funds
JP Morgan Asset Management is to close five of its Luxembourg-domiciled fixed maturity bond funds, citing changes in the market.
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Ex JPM Cazenove chairman fined 450k by FCA
The Financial Conduct Authority has fined the ex-chairman of JP Morgan Cazenove, Ian Hannam, £450,000 for two instances of market abuse.
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HK investors to increase Asian allocation
Hong Kong investors are planning to increase their investments into Asia over the next six months as Chinas perceived investment potential soars amid concerns of economic slowdown and reform.
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JP Morgan AM to offer RMB share class
JP Morgan Asset Management is to introduce a renminbi hedged share class for its ASEAN Fund.
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JP Morgan AM adds RMB share class to Asian
JP Morgan Asset Management has added a share class hedged to the renminbi in the Asian Total Return Bond Fund.
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aig names Hancock as chief executive
American International Group has named Peter Hancock as chief executive to succeed Bob Benmosche, who steered the giant insurer after it came close to collapse in 2008 during the height of the financial crisis.
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BNP Paribas facing 10bn fine
BNP Paribas is facing a potential $10bn fine from the US Justice Department to resolve a criminal probe into allegations it evaded US sanctions against Iran, according to a report in the Wall Street Journal.
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jp morgan appoints new investment strategist
JP Morgan has appointed a new investment strategist for Europe, Middle East and Africa (EMEA).
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jp morgan am adds RMB class to multi income fund
JP Morgan Asset Management has introduced a share class hedged to the renminbi for the JPMorgan Multi Income Fund.
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JPM makes changes to EM equity team
JPM Brazil fund manager Sebastian Luparia will be handing the portfolio to Sophie Bosch de Hood as he takes on a new role in the emerging market equity team.