JPMorgan is increasingly buying loans from smaller lenders, a practice that competitors including Bank of America view as risky. ||| New York - JPMorgan Chase & Co, looking to stem falling revenue in its mortgage business as fewer Americans...Show More Summary
AppDirect, a San Francisco-based startup, has raised $140 million in a round led by a fund advised by JP Morgan Chase. That round values the company at $1 billion, as it furthers its master plan to be the middleman of choice in the exploding cloud software business. Show More Summary
Exorbitant CEO salaries is an issue that has increasingly come under microscopic scrutiny in recent years. While many believe that CEO compensation packages have inexplicably skyrocketed, some, like JP Morgan Chase CEO Jamie Dimon, have casually dismissed the notion altogether. Show More Summary
JP Morgan Chase, Credit Suisse, RBS, and Barclays among banks backing effort.
JP Morgan Chase removes Nigerian debt from its emerging market bond indices, raising fears of a sell off of Nigerian assets
JPM is the whole package for investors seeking exposure to banks.
Back in July, when federal prosecutors linked 31-year-olds Josh Aaron and Anthony Murgio with hackers who had spirited away personal data on 83 million JPMorgan Chase customers, people scratched their heads and wondered: How had twoShow More Summary
Five people were charged in a federal court in New York on Tuesday in cases related to the cyberattack on JP Morgan Chase & Co. last October, which exposed some 83 million bank account records of US households and small businesses, reports the Wall Street Journal. Show More Summary
There are four Chase Ultimate Rewards cards you can apply for. Only points in a Sapphire Preferred or Ink Plus account (or Ink Bold account, if you have a legacy card, or JP Morgan Select or Palladium card which must be obtained through...Show More Summary
Jamie Dimon warned in JP Morgan Chase's 2014 annual report that "the Silicon Valley is coming." Silicon Valley startups are chasing every profitable part of a large commercial bank. Apple is chasing after interchange from credit card payments. Lending Club and SoFi are attacking consumer lending. Money transfer is under attack on multiple fronts. [...]
The tactics it used to go after delinquent credit card borrowers have landed JP Morgan Chase in hot water with federal regulators. The post JP Morgan Chase ordered to pay $50 million in consumer refunds appeared first on Elliott.
JPMorgan Chase settles charges it used illegal tactics to go after credit card borrowers.
Financial giant JP Morgan Chase has sold bad credit card debt to debt buyers and must halt debt collection practices, as well as pay $50 million in cash redress to their affected consumers, Consumer Financial Protection Bureau (CFPB) Director Richard Cordray said in a release.
Summer jobs for teens and college students are disappearing fast. The number of employed teens and young adults has fallen nearly 40 percent in the past 12 years, reports JP Morgan Chase & Co. The June unemployment rate for adults age 20 to 24 was 9.9 percent. If you’re lucky enough [...]
Would you ever guess that one of the VPs at JP Morgan Chase has also authored children’s books? Or that the same man is also a Grammy award-winning jazz album producer, and has written a book that is slated to be one of the top 15 business...Show More Summary
Tesla Motors is getting a cash injection in the form a of a loan worth up to $750 million from a series banks including Bank of America, JP Morgan Chase, and Deutsche Bank. According to Tesla's SEC 8-K filing, the loan has an initial...Show More Summary
Jamie Dimon, the billionaire CEO of JP Morgan Chase, is concerned about Elizabeth Warren. He worries that the former Harvard Law bankruptcy professor and the senate's loudest Wall Street critic might not grasp the complexities of high...Show More Summary
When all else fails, patronize your enemy. Jamie Dimon, the billionaire CEO of JP Morgan Chase and face of Wall Street bankers, doesn’t think Senator Elizabeth Warren “fully understands the global banking system” but he’s reportedly offered to meet with her and explain a few things. Show More Summary
Chase today added support for Touch ID to its mobile banking application for the iPhone. Owners of the iPhone 5s, 6, and 6 Plus can now use their fingerprint rather than a password to unlock the application. The JP Morgan app is also Touch ID enabled. Chase said it will add fingerprint support to its Android application later this year.
FireEye has been called in to investigate attacks against Target, JP Morgan Chase, Sony Pictures, Anthem and others.