Last November, JP Morgan Chase made headlines when it agreed to a $13 billion settlement with the U.S. Department of Justice to resolve federal civil lawsuits stemming from the bank’s issuance of certain residential mortgage-backed securities leading up to the housing market crash. Show More Summary
(Reuters) - JPMorgan Chase & Co CEO Jamie Dimon, who was diagnosed with throat cancer this year, finished his scheduled rounds of radiation and chemotherapy treatment this week, the Wall Street Journal said, citing people familiar with the matter. Show More Summary
Apple has successfully negotiated lower card transaction fees for its upcoming mobile payment system, according to Bank Innovation. The Cupertino company has reportedly reached deals with American Express, JP Morgan Chase, Citigroup, Capital One, and Bank of America. Show More Summary
Financial site Bank Innovation reports that Apple has negotiated lower transaction fees with American Express, Bank of America, Capital One, and JP Morgan Chase ahead of the debut of its mobile payment system expected to be announced alongside the new iPhone models next week. The report notes that the banks were likely willing to lower […]
Apple has negotiated discounts on the card transaction fees for its soon-to-launch payment platform, Bank Innovation's Ian Kar reports. According to the report, Apple has reached agreements with American Express, JP Morgan Chase, Citigroup, Capital One, and Bank of America. Show More Summary
By Matthew Smith: There have been more data breaches since JP Morgan Chase (NYSE:JPM) announced that they had been attacked through an unknown loophole in their system, but there is speculation that all of these attacks are coming from Russian hackers. Show More Summary
Even the largest most supposedly secure banks may not be safe. A handful of banks, at least five banks in the U.S. — including JPMorgan Chase & Co. — allegedly have been victims of a cyberattack. The attack on the financial institutions was sophisticated in nature. Show More Summary
The FBI is investigating sophisticated hacker attacks on JP Morgan Chase and at least four other banks that they believe are payback for U.S.-imposed economic sanctions on Russia.
The FBI is investigating cyber attacks on JP Morgan Chase and other banks, possibly by Russian hackers. Plus, a Napa Valley trade group is establishing a relief fund for wineries damaged by last weekend's earthquake. Jill Wagner reports on the day's top MoneyWatch headlines.
Well, raises for everyone at Goldman Sachs, Morgan Stanley, and Bank of America. JP Morgan and Citi are still pondering this one. A host of big banks including Goldman Sachs Group Inc., J.P. Morgan Chase & Co., Citigroup Inc., Bank of America Corp. Show More Summary
Pastor-supporting philanthropist’s 'religious home' alleges it lost $13 million from bank’s big fees and bad investments. Eli Lilly, Jr., of Eli Lilly and Co. pharmaceutical company and the Lilly Endowment, was baptized, sang in theShow More Summary
Guest Post: It’s September, 13th, 2008. One of the most powerful men in America is about to foresee an earthquake in the financial system, something that will change the world. Jamie Dimon, the head of JP Morgan Chase, has seen it all—but even he has to steel himself for this moment. “You are about to experience the […]
Thomson Reuters JP Morgan Chase & Co sign outside headquarters in New York By Jonathan Stempel (Reuters) - JPMorgan Chase & Co has won the dismissal of a lawsuit by the City of Los Angeles accusing the largest U.S. bank of steering minority...Show More Summary
The anti-gay and anti-transgender group the National Organization for Marriage has started a boycott of JP Morgan Chase bank for surveying their employees about their support with the LGBT community. NOM blog says: “Chase has repeatedly insisted that the survey...
A group advocating for marriage being legally recognized as only being between one man and one woman has called for a boycott of JP Morgan Chase.
Apollo Nida just got his tab for committing check fraud and money laundering -- $1.9 MILLION in restitution.TMZ has obtained court docs which breakdown who gets the money Apollo must now pay:-- JP Morgan Chase $828,300-- IRS…
By Jeffrey Himelson: JP Morgan Chase (NYSE:JPM) reported strong earnings this morning with $25.3 billion in revenue and $6 billion or $1.46 per share in earnings. Analysts were expecting $1.29 per share in earnings on $24 billion in revenue. Show More Summary
So Much Fighting in Gaza: On this seventh day of Israeli attacks, 20,000 people are now said to have fled. Citigroup Becomes the Second Bank to Settle With the US Government: It will pay less than JP Morgan Chase; its mortgage settlement is $7 billion. Show More Summary
A spokesman for JP Morgan Chase told a reporter for the Daily Signal, a news site published by the Heritage Foundation, that the annual employee survey that included controversial questions about support for the LGBT community was "anonymous."...Show More Summary
cick for bigger chart Source: JP Morgan It has become commonly accepted that stocks are very expensive, overbought and perhaps even in a bubble. JPMorgan Chase & Co.’s latest quarterly chart book (you can download it here) takes issue with those conventions. As you can see from the chart above, U.S. equity prices closely...Read More