(Reuters) - Two former brokers for a JP Morgan Chase & Co unit have been barred from the securities industry after they allegedly stole$300,000 from an elderly client's account and exploited her failing mental capacity to carry out the scheme, Wall Street's industry-funded watchdog said on Tuesday.
In the largest settlement to date between the government and any one company, JPMorgan Chase is in the spotlight again for their misdoings in the early 2000’s. After waiting weeks for specifics, a $13billion dollar settlement is what...Show More Summary
As more details emerge of the destruction wrought by Typhoon Haiyan, JP Morgan Chase cut its Philippine growth forecast for this year but predicted a V-shaped recovery when reconstruction efforts begin in earnest in 2014.
CBS News has learned JP Morgan Chase has agreed to pay the government $13 billion for selling low quality mortgage backed securities that helped fuel the financial crisis. It's the largest settlement ever reached between the government and a corporation.
Deal over mortgage-backed securities comes just days after bank agreed to $4.5 billion settlement with investors
At Salon, David Dayen writes JPMorgan’s bait-and-switch: The ballyhooed settlement is just a scam! The first thing you need to know about JPMorgan Chase’s long-awaited $13 billion deal with the Justice Department — to settle a number of civil lawsuits related to the fraudulent sale of mortgage-backed securities — is that it’s not a $13 billion deal. Show More Summary
Last week, as JP Morgan Chase stumbled into what commentators are calling “an epic Twitter fail,” hundreds of people attending a major conference on “Managing Complexity” couldn’t help but take notice. The event, the fifth annual Global...Show More Summary
JP Morgan Chase has agreed to pay $13bn for misleading investors during the financial crisis
JPMorgan Chase & Co. execs could still be on the hook if the government decides to bring criminal charges against them, Attorney General Eric Holder noted in announcing a record $13 billion settlement of probes into the bank’s bundling of...
Jamie Dimon’s compliance guys aren’t sure that a piece of the incredible shrinking China Everbright Bank IPO is worth the goddamned headache, given, well, given everything else. J.P. Morgan Chase & Co. has withdrawn from underwriting...Show More Summary
Most have heard by now about JP Morgan Chase's laughable Twitter campaign blow up over the hashtag #AskJPM. Even JP Morgan Chase has tried to laugh it off with a spokesperson saying "#Badidea! Back to the drawing board!" While it's good...Show More Summary
The Great American Disconnect: Wall Street vs. Main Street… JP Morgan Chase agrees to $13B settlement… Another day, another poll showing Obama’s approval dropping to an all-time low. Can he recover? Spring 2014 will let us know… Christie: All the 2016 s …
Who better than Matt Taibbi to write about that train wreck that was JP Morgan's foray into the world of Twitter? I almost couldn't believe it when I heard that JP Morgan Chase was going to do a live Twitter Q&A with the public – you know, all those people around the world they've been bending over and robbing for, oh, the last decade or so. Show More Summary
One afternoon a few weeks ago, the performance artist and environmental activist, Reverend Billy, and his acting/singing troupe, the Church of Stop Shopping, entered the lobby of a JP Morgan Chase Bank located at 5th Avenue and 56th Street in Manhattan. Reverend Billy, the stage name of a 63-year-old man named Bill Talen, was dressed [...]
Correction: This post originally said the JPMorgan Chase official who was set to do the Twitter chat was CEO Jamie Dimon. We got it wrong. Chase vice chairman James "Jimmy" Lee was the man tapped for the task. The post below has been corrected to reflect this. Show More Summary
LONDON (Reuters) - U.S. investment banks JPMorgan Chase & Co and Citi saw their share of investment banking revenue increase more than any of their peers in the first nine months of the year, new research showed on Thursday.
JP Morgan Chase canceled an online Q&A with a senior executive planned for Thursday after being bombarded with hostile questions and jokes to its #AskJPM hashtag. The country’s largest bank by total assets had planned the to host an online discussion with vice chairman James B. Show More Summary
Macy's (M) Q3 2013 Earnings Call November 13, 2013 10:30 am ET Executives Karen M. Hoguet - Chief Financial Officer Analysts Matthew R. Boss - JP Morgan Chase & Co, Research Division Paul Swinand - Morningstar Inc., Research Division Charles X. Show More Summary
The Police Commissioner might get a job at JP Morgan. Kelly’s potential position with JPMorgan Chase would make him responsible for security at the giant financial firm, with emphasis on cyber-security, people familiar with the ongoing talks said. Show More Summary
JP Morgan agreed to a $13 billion settlement which would end several governmental inquiries into its fraudulent behavior that directly contributed to the 2008 financial melt down. Sounds like a bargain, especially in light of the tidbit of history we dug up. Absurdity Today brings you this story and more, hosted by political satirist Julianna […]