Sponsored by Jpmorgan chase

JPMorgan Chase & Co is promoting Kurt Simon to co-lead its technology, media and telecommunications team, the Wall Street Journal reported on its website on Tuesday.

A rally by miners and energy stocks, spurred by firmer commodity prices, helped Britain's top share index extend gains by midday on Monday as it rose above 5,200 points for the first time since September 2008.

The dollar edged further away from 14-month lows on Monday as investors trimmed bets against the beleaguered U.S. currency, while South Korean stocks dragged down other Asian markets on worries third-quarter earnings may not live up to expectations.

JPMorgan Chase & Co, Credit Suisse Group and Morgan Stanley have agreed to pay $100 million to settle a lawsuit over their role in the collapse of a Philadelphia mortgage lender, an attorney said on Friday.

Prosecutors will not be allowed to suggest to a jury in the trial of two former Bear Stearns hedge fund managers that they believe one defendant tried to hide certain email evidence, a U.S. judge ruled on Thursday.

JPMorgan Chase & Co has abandoned a plan to sell One Chase Manhattan Plaza, its Lower Manhattan office tower, because the bids it received were unacceptable, according to a source familiar with the matter.

UK fund house Threadneedle said on Thursday it has hired Campbell Fleming as its new head of distribution, with responsibility for wholesale and institutional business as well as marketing and product development.

A U.S. District Court dismissed a lawsuit of former employees of Washington Mutual against JPMorgan Chase & Co to recover their retirement account losses after the collapse of the thrift.

Julius Baer , bulking up in its home market, has won the auction to buy the Swiss private banking assets of Dutch financial services group ING for around $500 million, two sources with knowledge of the deal said.

Bank of America said it will not raise rates or change terms on consumer credit card accounts ahead of reform legislation slated to go into effect early next year, according to a letter released by a lawmaker on Tuesday.

The following financial services industry appointments were announced on Tuesday.

A former JPMorgan Chase & Co Inc employee sued the bank on Friday, accusing it of firing him after he uncovered what he said were schemes to overstate the value of bank assets, court documents showed.

The Dow and S&P 500 suffered their worst one-day fall in three months on Thursday after economic reports fueled fears about the recovery's strength.

Bank of America Corp CEO Kenneth Lewis announced he was retiring, after months of being dogged by a series of government investigations into the company's acquisition of Merrill Lynch last year that had become a major distraction for the biggest U.S. bank.

A federal judge said Bank of America Corp may pursue a lawsuit accusing former Bear Stearns Cos managers Ralph Cioffi and Matthew Tannin of lying in an attempt to prop up two failing hedge funds.

JPMorgan Chase's investment bank is planning a push to win more business outside the United States by building on the group's financial ties with overseas companies, its head Jes Staley told the Financial Times.

(Corrects age of Staley to 52 in paragraph 8 and corrects paragraph 13 to show Winters was in London, Black in New York)

Private equity firm CCMP Capital Advisors said on Tuesday it hired former Anadarko Petroleum Corp Chief Operating Officer Karl Kurz to help with the firm's energy investments.

Credit Card Crackdown; Consumer Bluesfor Stocks; CIT's Debt Plan

JPMorgan Chase & Co Chief Executive Jamie Dimon said on Tuesday he is starting to look for a successor, and he named Jes Staley, current head of the No. 2 U.S. bank's asset management unit, to the key post of investment bank CEO.

Royal Bank of Canada said on Tuesday it reached a deal to buy JPMorgan Chase & Co's investment adviser servicing business, the latest step by RBC to expand its U.S. wealth management division.

JPMorgan Chase & Co's co-chief executives of its investment bank have been replaced by Jes Staley, current head of the No. 2 U.S. bank's asset management unit, possibly putting him in a position to succeed CEO Jamie Dimon.

JPMorgan Chase & Co said on Tuesday its co-chief executive of investment banking is leaving, one of several management changes that are part the bank's succession plan.

Dutch investor Louis Reijtenbagh's family has reached a settlement with JPMorgan Chase & Co over the family's art collection, a Dutch newspaper reported on Monday.

U.S. commercial banks reported a drop in trading revenues for the second quarter as earnings from interest products plunged, though revenues were boosted by improving credit markets, the Office of the Comptroller of the Currency said on Friday.

Many U.S. small businesses are optimistic about growth and see the economy improving in three to six months, according to a survey released on Friday.

Morgan Stanley is outrunning archrival Goldman Sachs as 2009's busiest adviser on mergers as optimism grows that the crippling effects of the financial crisis on dealmaking may be easing.

Rising Powers at Table; Way Opening for Buyouts; Loan Losses Grow

Banks led by JPMorgan Chase & Co reaped a bonanza of underwriting fees from debt and equity capital-raisings in the third quarter but a deepening slump in M&A activity depressed overall investment banking fees.