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FORGOTTEN HISTORY: 22 | History Defined

Athleisure workwear that works

Joanna Dai’s women’s workwear brand was inspired by a 16-hour uncomfortable day of meetings

Evening Standard

Jamie Dimon is going to make a lot less than he did last year as he joins Apple's Tim Cook as the latest big CEO to lose out on a bigger payday

JPMorgan Chase's board said Dimon will receive no "special awards" in the future, unlike last year, which added $50 million to his pay.

Fortune

Inside J.P. Morgan and Techstars’ joint push to get VC dollars to diverse founders

The bank and the pre-seed investor are teaming up to invest $80 million in founders from diverse backgrounds—and are asking other VCs to invest in them, too.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

JP Morgan's Dimon warns Congress not to play chicken with America’s $31 trillion debt ceiling

Brinkmanship between Donald Trump's Freedom Caucus and moderates in Congress over an impending default by the U.S. government could drive up borrowing costs for the average American.

Fortune

J.P. Morgan bullish on Thai bourses

Global financial services firm J.P. Morgan has upgraded its rating for Thailand's stock markets to overweight from neutral because of returning Chinese tourists, with the SET Index forecast to hit 1,800 points this year.

Bangkok Post

Keir Starmer to invoke Blair as he tells Davos the UK is ‘open for business’

Labour leader to meet bosses of Goldman Sachs, Morgan Stanley, JP Morgan and BlackRock

The Independent UK

Ex-Barclays boss saw Jeffrey Epstein abuse young women, US lawsuit claims

Suit filed by victim against JP Morgan alleges Jes Staley knew of trafficking of young women and witnessed sexual abuse

The Guardian - UK

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Evaluating the China effect

One-third of the world economy may slide into a recession this year, but the outlook for China remains more murky.

Bangkok Post

UK may avoid 2022 recession after growing 0.1% in November – as it happened

UK economy beat forecasts with 0.1% growth in November, as food and drink businesses benefited from the FIFA World Cup

The Guardian - UK

JP Morgan investment bankers suffer 30% bonus cut as takeover deals slump

Wall Street’s largest lender reports 22% fall in full-year profits including 58% drop in fees from dealmaking

The Guardian - UK

A millennial founder who sold her company to JP Morgan for $175 million allegedly paid a college professor $18K to fabricate 4 million accounts. Their email exchange is a doozy

The two knew from the start they were working on fake accounts, according to a lawsuit filed by JP Morgan.

Fortune

JP Morgan warns of gloomy job market ahead as the economy 'slips into a recession'

Hopes for a Fed pivot are premature, as Jay Powell has not succeeded yet in anchoring inflation expectations.

Fortune

Crypto took such a beating in 2022 that U.S. regulators have teamed up for the first time to sound the alarm to banks

Deutsche Bank, Wells Fargo, Citigroup and Bank of America have all invested in crypto staffing divisions in recent years.

Fortune

US Virgin Islands fires attorney general in Epstein cases

The governor of the U.S. Virgin Islands has fired the attorney general of the U.S. territory who led a lengthy legal case against disgraced financier Jeffrey Epstein that resulted in a $105 million settlement

The Independent UK

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Fortune

Why did no one short FTX? It’s complicated

One Wall Street short-seller says crypto was “the world’s best party”—and wishes he had made a “Big Short”–type bet.

WEKU

Epstein's sex trafficking was aided by JPMorgan, a U.S. Virgin Islands lawsuit says

The U.S.V.I. says JPMorgan Chase didn't report Jeffrey Epstein's suspicious financial activities and provided him banking services after his 2008 conviction for soliciting a minor.

The Independent UK

US Virgin Islands district attorney fired days after suing JP Morgan Chase over Jeffrey Epstein ties

Virgin Islands Governor Albert Bryan said he had ‘relieved’ Denise George of her duties amid reports he was unaware of a lawsuit filed against JP Morgan Chase

Bangkok Post

Interest-Rate Paths for U.S. and Europe Set to Diverge

The Federal Reserve's aggressive campaign against high inflation dominated global financial markets this year. Starting this week, the action shifts to Europe, where inflation could prove stickier and harder to tame. That shift is likely to reverse some of the key market dynamics of 2022, most significantly a superstrong dollar.

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Bangkok Post

Analysts see Fed rate hike of 0.5%

Analysts expect the Federal Reserve to raise interest rates by 0.5% in the middle of this month, putting pressure on stocks, gold and oil to continue their freefall.

ABC News

'Zombie' wage deals have hurt Australians for years. Here's how new industrial relations law could finally end your wage pain

If you wanted to hold back Australian wages you would design a system pretty much like the one we have today. But how did that come about and can new IR laws make a difference? Peter Martin explains.

The Conversation

'Zombie' wage deals have hurt Australians for years. Here's how new industrial relations laws could finally end your wage pain

Imagine you were trying to design a system that would hold back wages. You would design one pretty much like the one we’ve got today.

Tribune News Service

Jeffrey Epstein victims sue JP Morgan Chase, Deutsche Bank under NY Adult Survivor Act

Jeffrey Epstein victims sued JP Morgan Chase and Deutsche Bank on Thursday under a new New York law that lifts the statute of limitations for sex abuse and assault lawsuits.

The Guardian - UK

Patrick Thomson: the man who ‘helped save UK pensions’

The chair of the fund managers’ trade body says he has his army training to thank for the cool head he kept during the crisis sparked by the mini-budget

The Guardian - US

The savior CEO and the empty promise of ‘stakeholder capitalism’

Companies may claim to serve employees, communities and the planet – but two books show profit still comes first

The Guardian - UK

‘I f****d up’: the rise and fall of US crypto king Sam Bankman-Fried

The 30-year-old wunderkind last week saw his giant FTX digital currency exchange collapse and his $17bn fortune disappear

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