Page 873 


Ex-JPMorgan exec to receive bumper pay package

Pot Of Gold

Michael Cavanagh, the longtime JPMorgan Chase executive who is preparing to join the Carlyle Group, will make $7m in salary and bonus in each of his first three years at the private equity giant, a regulatory filing on Friday showed.



Barclays Sign

Barclays to pay to settle over mutual funds

Barclays will pay more than $13.75m to settle U.S. regulatory charges that it let retail brokerage customers make unsuitable mutual fund transactions, including more than 6,100 fund switches, over a five-year period.

London Terraces

UK house prices to rise up to 6% in 2016

House prices in the U.K. show no signs of slowing down and are predicted to rise up to 6 percent over the next 12 months, according to Nationwide data and economists.