What Jamie Dimon could learn from the collapse of Northern Rock
UK bank’s collapse offers a lesson for JPMorgan’s CEO and his idea to overhaul the US’s deposit insurance system
Economic news
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India struggles to stabilise rupee as war creates depreciation pressure
Foreign exchange reserves decline sharply as Iran conflict highlights the RBI’s reluctance to let currency float
Is Trump’s $300bn Ambani’s $40mn?
Also in this newsletter: the Reserve Bank of India outlines the expected economic impact of the Middle East war
Trump warns Iran over charging for passage through strait
Global stocks and oil rise in wake of S&P winning streak on ceasefire optimism
North Sea oil prices hit record high as Iran keeps hold over Hormuz
Washington-Tehran ceasefire agreement fails to stem global energy crunch
Venezuela passes mining reform law as it seeks private investment
Corruption and violence in mineral-rich regions likely to pose barrier to foreign companies