The lender, kicking off third-quarter results for big US banks, managed a 22 per cent rise in net income but this was mainly due to a tax benefit and lower spending on employee pay

JPMorgan Chase, the biggest US bank by assets, reported a 6.4 per cent decline in revenue and profit declines in three of its four main businesses, un(...)

James “Jes” Staley: is a Wall Street veteran, having spent more than 30 years at JP Morgan Chase. Photograph: Bloomberg

When Bob Diamond resigned from Barclays in the wake of the Libor-rigging scandal three years ago, a deep gloom descended over the group’s investment b(...)

Lloyd Blankfein, chief executive officer of Goldman Sachs said on Tuesday he had a “highly curable” form of lymphoma, but would be able to work substantially as normal during treatment. (Photograph: Andrew Harrer/Bloomberg)

Goldman Sachs chief executive Lloyd Blankfein said he had a “highly curable” form of lymphoma, but would be able to work substantially as normal duri(...)

Fredrik Voss, third from left, and the Nasdaq team developing software to allow the trading of stocks in private companies on a blockchain, the kind of public ledger used in the Bitcoin market, in New York. Financial firms are looking at the network and software that make it possible for Bitcoin to move around the world instantly and inexpensively. Photograph: Sasha Maslov/The New York Times

Most people still think of Bitcoin as the virtual currency used by drug dealers and shadowy hackers looking to evade the authorities. But the innovati(...)

JP Morgan Chase: one of the top five US banks that are moving ahead of their European rivals in global investment banking. Photograph: Stan Honda/AFP/Getty Images

US banks are moving ahead of their European rivals in global investment banking, taking advantage of strategic upheavals and concerns over capital to (...)

Harvard MBAs are increasingly foregoing signing up to do ‘God’s work’, as Goldman Sachs head Lloyd Blankfein previously put it in favour of jobs in tech companies. (Photograph: Max Whittaker/ The New York Times)

Ruined weekends, PowerPoint drudgery and overnight shifts in Manhattan skyscrapers once were a point of pride for the Harvard Business School graduat(...)

JPMorgan Chase and Co., which has racked up more than $36 billion in legal bills since the financial crisis, is rolling out a program to identify rogue employees before they go astray. (Photograph: Mike Segar/Reuters)

Wall Street traders are already threatened by computers that can do their jobs faster and cheaper. Now the humans of finance have something else to w(...)

Do it today: JPMorgan Chase chief Jamie Dimon has told all his underlings to reply to emails within the day. Photograph: Yuri Gripas/Reuters

There used to be two answers to most things in business – yes and no. Now there is a third one that is becoming more popular than either. It is silenc(...)

Traders  on the floor of the New York Stock Exchange. Photograph: Jewel Samad/AFP/Getty Images

Volatility, it appears, is back. After two years of remarkable calm, investor jitters have returned. It’s not simply that stocks are declining; there (...)

Goldman Sachs reported a 5 per cent rise in quarterly profit, spurred by higher revenue from investment banking and a smaller decline in fixed-income(...)