Jpmorgan chase Stories
Wall Street Trims Gains as Citi Sinks After Earnings
Stocks advanced on Tuesday but sharply pared gains late in the session after Citigroup's steep drop in profit gave investors a reason to unload bank shares.
O.J. Simpson's House Foreclosed by JPMorgan
Former NFL star O.J. Simpson's house is being foreclosed by JPMorgan, as he currently serves a jail sentence in Nevada for kidnapping and armed robbery.
O.J. Simpson Faces Foreclosure on Florida Home
O. J. Simpson, the former football star who gained notoriety during a 1995 murder trial, is facing foreclosure on his Florida home.
Wells Fargo beats estimates on lower loan losses
Wells Fargo & Co beat Wall Street estimates with a 20 percent increase in fourth-quarter profit, boosted by improving credit quality and continued loan growth.
JPMorgan Chase May Lose $5B - Report
JPMorgan Chase & Co could lose up to $5 billion from its exposure to Portugal, Ireland, Italy, Greece and Spain, Chief Executive Jamie Dimon said in an interview with Class CNBC, carried in Italian newspaper Milano Finanza on Saturday.
Lions Gate Entertainment Buys 'Twilight' Studio for $412.5 Million
The Lions Gate Entertainment Corp. has purchased private studio Summit Entertainment, producer of the successful Twilight film series, for $412.5 million in cash and stock.
U.S. Stocks Close Lower, Snap Four-Day Winning Streak
Stocks dropped on Friday, snapping a four-day winning streak, after news reports that Standard & Poor's would downgrade credit ratings on several euro-zone countries.
Exposure to PIIGS Flu Could Cost JPMorgan $5 Billion: Report
JPMorgan Chase & Co. could lose as much as $5 billion due to its exposure to sickly Portugal, Ireland, Italy, Greece, and Spain, CEO Jamie Dimon said in an interview with Class CNBC, which was carried in the Italian newspaper Milano Finanza on Saturday.
JPMorgan could lose $5 billion from PIIGS exposure: report
JPMorgan Chase & Co could lose up to $5 billion from its exposure to Portugal, Ireland, Italy, Greece and Spain, Chief Executive Jamie Dimon said in an interview with Class CNBC, carried in Italian newspaper Milano Finanza on Saturday.
BofA told Fed it could sell branches in emergency: source
Bank of America Corp told Federal Reserve officials in June that it could shed branches in some parts of the country if it needed to raise capital in an emergency, a person familiar with the matter said.
Wall Street Week Ahead: It's Earnings Vs. Europe for Stock Investors
U.S. stock investors will return to a tug-of-war between signs of domestic strength and overseas concerns next week as a batch of critical earnings reports look to add credence to the idea the economy is improving, while credit-rating downgrades in Europe will keep that region's difficulties in view.
Wall Street drops on euro-zone downgrade chatter
U.S. stocks were on track to end the week with modest gains as major indexes pulled back from session lows after falling more than 1 percent on Friday on talk that Standard & Poor's was ready to downgrade ratings on several euro-zone countries.
Instant view: JPMorgan posts lower quarterly profit
JPMorgan Chase & Co reported lower fourth-quarter profit as the European debt crisis continued to weigh on trading and corporate deal-making.
Reports of S&P euro zone cuts weigh on stock futures
Stocks were set to retreat from five-month highs at the open on Friday after reports that Standard & Poor's was set to downgrade the ratings on several euro zone countries.
Nikkei, Asia Markets Close Higher Friday on Smooth Europe Debt Auctions
Japan's Nikkei share average climbed to a one-week high on Friday, rising above the key threshold of its 25-moving average after smooth European debt auctions prompted buying of exporters, while the market remained on edge ahead of U.S. corporate earnings.
JPMorgan Q4 net falls 23 percent but meets estimates
JPMorgan Chase & Co's fourth-quarter earnings fell 23 percent, in line with Wall Street expectations, as the European debt crisis depressed trading and corporate deal-making.
JPMorgan weighs on stock futures, data eyed
Stock index futures dipped on Friday after JPMorgan Chase reported lower quarterly profit and ahead of trade and consumer sentiment data.
JPMorgan weighs on stocks futures ahead of data
Stock index futures dipped on Friday after JPMorgan Chase reported lower quarterly profit and ahead of trade and consumer sentiment data.
JPMorgan 4Q Net Falls 23 Percent but Meets Estimates
JPMorgan Chase & Co.'s fourth-quarter earnings fell 23 percent, in line with Wall Street expectations, as the European debt crisis depressed trading and corporate deal-making.
Stock Futures Mixed; JPMorgan Earnings Eyed
Stock index futures pointed to a mixed open on Wall Street on Friday, with futures for the S&P 500 down 0.05 percent, Dow Jones futures down 0.1 percent and Nasdaq 100 futures up 0.16 percent at 1039 GMT.
New Consumer Chief Cordray Dialing up Bank CEOs
New consumer financial chief Richard Cordray has been calling the heads of some of the top U.S. banks in an effort to build support for his agency, which is viewed skeptically by the financial industry.
Top CEOs Urge Court to Throw out SEC-Citigroup Ruling
A group of chief executives at more than 200 large U.S. companies urged a federal appeals court to undo a judge's controversial decision making it harder for companies to settle Securities and Exchange Commission fraud cases.
JPMorgan Chase CEO Dimon Shuffles Executives
JPMorgan Chase & Co Chief Executive Jamie Dimon announced on Thursday that long-time colleague Jay Mandelbaum is leaving the company and that he is shifting the responsibilities of several operating executives.
U.S. Stocks Climb to 5-Month High
The S&P 500 closed at a five-month high for the third day on Thursday but had difficulty extending gains in the face of lackluster economic data and another European bond market test.
Bank profit reports could be lifted by business loans
A recent rise in loans to businesses is spurring hope that U.S. bank earnings reports, which begin on Friday, will show the outlook for this economically critical industry is better than battered stock prices and weak investment banking volumes suggest.
Bank Profit Reports Could Be Lifted by Biz Loans
A recent rise in loans to businesses is spurring hope that bank earnings reports, which begin Friday, will show that the outlook for this economically critical industry is better than its battered stock prices and weak investment banking volumes would suggest.
Ron Paul 2012 to GOP Rivals: Quit Your Campaign
Ron Paul's 2012 presidential campaign is telling all of his Republican rivals - save Mitt Romney - to drop out of the race.
BofA and others being probed over home insurance: source
The New York state's financial regulator is probing several large banks, including Bank of America Corp and Citigroup Inc, on whether they overcharged customers on force-place insurance, a source familiar with the matter said.
Ron Paul 2012: Wall Street Won’t Give me Money
Ron Paul's running the 2012 Republican nomination race to win it (or at least collect lots of delegates); his campaign has a strong national strategy that goes beyond just Iowa and New Hampshire.
DoJ contacting additional banks on mortgage deal
As the government nears a deal with top banks to resolve mortgage abuses, the Justice Department has begun reaching out to other banks to gauge their interest in joining the wide-ranging settlement, according to a person familiar with the matter.