US bank JPMorgan Chase has announced that it intends to pay out millions of pounds in bonuses to its employees after posting profits of $11.7 billion (£7.19 billion).Pay, including bonuses and salaries, has increased at the firm by 18 per cent to 26.9 billion US dollars (£16.5 billion) even though it cut its workforce.Banks have benefited from low interest rates in the wake of the global financial crisis, with JPMorgan Chase's profits having jumped to more than double what it made last year.This week, US president Barack Obama announced a new tax on bank profits which will attempt to claw back some of the $250 billion which the government has spent in saving banks from collapsing.JPMorgan Chase is one of the oldest and largest financial services firms in the world, having been originally founded in 1799, and swallowed up rival Bear Stearns during the global financial crisis of 2008. It has over 15,000 employees in the UK.Belmont Thornton can help you make a PPI claim – Payment Protection Insurance Claim, or a credit card charges claim. For free PPI Claim advice call 0845 526 0000 or fill in the Quick Claim box to be sent a PPI Claim pack or credit card charges claim pack.
Belmont Thornton Ltd. is regulated by the Ministry of Justice in respect of regulated claims management activities; our registration is recorded on the website www.claimsregulation.gov.uk number 18273
Belmont Thornton Ltd. is incorporated in England and Wales, Company number 6621233, whose head office and registered office is at Suite 2, Unit 25, The Coda Centre, Munster Road, London, SW6 6AW. VAT Registration number 945 3375 06.
Belmont Thornton Ltd is registered with the Information Commissioners Office to ensure compliance with the Data Protection Act 1998 registration number Z1728023 and holds a Credit Consumer License issued by the Office of Fair Trading license number 634655.
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* Belmont Thornton operates on a "No Win No Fee" basis. This means that there are no upfront costs to pay. Our fee only becomes payable on a successful outcome of a claim. A cancellation fee is payable if you decide that having instructed Belmont Thornton to act on your behalf, and after 14 days of signing your Letter of Authority, you do not wish to continue pursuing your claim with us. The cancellation fee is the reasonable costs incurred for the work undertaken. Please see our terms of engagement.