Jes Staley, the chief executive of JP Morgan’s investment bank met investors for the first time since taking on the job five months ago and outlined a three-pronged strategy for the division - including a determined push to double its market share in Asia.

Jes Staley was speaking at a JP Morgan Chase investor day in New York yesterday where he hailed the investment banking division as "remarkably powerful" and vowed that there would not be a "significant shift in strategy to the left or the right".