Motability boss handed bumper pay rise

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JPMorgan swaps cash for Treasuries

Investors are snapping up Venezuela’s defaulted debt, JPMorgan Chase has withdrawn almost $350bn in cash from its account at the Federal Reserve since 2023, and the US unemployment rate rose to its highest level in more than four years. Plus, global asset managers’ cash holdings have fallen to a record low in a sign of… Continue reading JPMorgan swaps cash for Treasuries