Jpmorgan chase Stories
Japan May Help Greece as Part of Global Bailout
Jun Azumi, Tokyo’s finance minister, warned that Eurozone members need to come up with a rational, workable plan to alleviate global fears.
JPMorgan seeks to move Lehman's $8.6 billion lawsuit
JPMorgan Chase & Co is asking to move to federal court a lawsuit from Lehman Brothers Holdings Inc accusing it of siphoning $8.6 billion from Lehman's estate in the days leading up to its record bankruptcy.
JPMorgan Seeks to Move Lehman's $8.6 Billion Lawsuit
JPMorgan Chase & Co is asking to move to federal court a lawsuit from Lehman Brothers Holdings Inc accusing it of siphoning $8.6 billion from Lehman's estate in the days leading up to its record bankruptcy.
Stocks so bad this quarter, investors may have to buy
U.S. stocks have had a such a miserable quarter that investors might just have to buy a whole load of them this week.
U.S. Stocks Rebound on Hopes of Eurozone Stability Following Last Week’s Plunge
While Euro officials did not reveal specific details about the Eurozone rescue plan, any apparent news about the continent’s debt woes seem to heavily impact equity markets.
Apple Hearing Amazon, BN Tablet Footsteps? iPad Supply Chain Orders Slashed: Report
Perhaps Apple heard the news -- that Amazon and Barnes & Noble are launching new tablets priced lower than its global-leading iPad. Or perhaps Apple is just better preparing for a slow-growing global economy, where consumer dollars are getting tighter amid talks of a new recession.
Wall Street Climbs on Eurozone Hopes
Stocks rose in a choppy session on Monday on optimism Eurozone officials would develop plans to slash Greece's debts and recapitalize European banks in the latest effort to tackle the region's debt woes.
Regulators not swayed by bank capital complaints
Global banks aggressive push to scale back or postpone new capital rules for the world's largest banks is being met with little sympathy from international regulators who are set to finalize these standards in the coming weeks.
Goodrich Shares Surge on United Technologies Takeover
The company said that about 75 percent of the acquisition will be financed by debt, with the remaining facilitated by stock issuance (amounting to $4.6-billion in new shares).
Stocks Take Beating on Grim U.S., China, Germany Data
A grim outlook for the U.S. economy from the Federal Reserve and signs of a slowing China and Germany drove world stocks sharply lower on Thursday and pushed investors into safer currencies and government bonds.
Fed Outlook, China Data Depress World Markets
World stocks hit a fresh one-year low on Thursday and investors poured money into safer currencies and government bonds after the Federal Reserve gave a grim outlook for the U.S. economy and China's manufacturing slowed.
Why the Fed’s Operation Twist Will Hurt Banks
After the Federal Reserve announced its Operation Twist, bank stocks plunged.
U.S. Dollar Trumps Euro, Other Currencies: JPM Strategist
The U.S. dollar trumps virtually all other currencies in the current environment of fear because of its safe-haven status, Jan Loeys, chief market strategist at JPMorgan Chase, told Bloomberg TV.
Exclusive: United Tech, Goodrich near deal: sources
United Technologies Corp is negotiating final terms of an all-cash acquisition of aircraft components maker Goodrich Corp with the goal of reaching a deal in the next few days, people familiar with the matter said on Tuesday.
United Tech, Goodrich talk final deal terms: sources
The chances of an interloper appear slim in the ongoing deal discussions between United Technologies Corp and Goodrich Corp , according to people familiar with the matter, removing one potential hurdle for United Tech in acquiring the aerospace company.
Schneider Delays $1.4 Billion Auction of Unit: Sources
French engineering company Schneider Electric SA (SCHN.PA) has delayed the roughly $1.4 billion auction of its sensors business because of turbulence in financing markets, people familiar with the matter said.
Wells sues JPMorgan over 800 mortgage loans
JPMorgan Chase & Co was sued by Wells Fargo & Co , which seeks to force it to buy back more than 800 soured mortgage loans that it oversees as trustee.
Wall St gains for 4th day on European moves
Stocks rose for a fourth straight session on Thursday after major central banks moved to boost European bank funding and regional leaders offered strong support for Greece, easing default fears.
Weak Capital Markets Being Felt by JPMorgan Chase
JPMorgan Chase & Co. expects capital markets activity, both debt and equity, to decline by 30 percent and investment banking fees to decline to $1 billion in third quarter of 2011 from $1.9 billion last quarter.
JPMorgan Q3 trading revenue down 30 percent
JPMorgan Chase & Co's trading revenue is running 30 percent lower this quarter than the previous period, while investment banking fees are likely to fall by about 50 percent, a senior executive said on Tuesday.
J.P. Morgan's Dimon Blasts Basel as 'Anti-American'
Concerned over cover bonds and government-backed securities, JP Morgan Chief Executive Officer Jamie Dimon thinks that the Basel III banking regulations are anti-American.
FT: JPMorgan CEO Says Bank Rules 'Anti-American'
The United States should consider pulling out of the Basel group of global regulators, Jamie Dimon, chief executive of JPMorgan Chase, said in an interview with the Financial Times.
JPMorgan CEO says bank rules anti-American: FT
The United States should consider pulling out of the Basel group of global regulators, Jamie Dimon, chief executive of JPMorgan Chase, said in an interview with the Financial Times.
Asian Shares Flat, Awaiting ECB and U.S. Moves
A rebound in Asian stocks ran out of steam Thursday as worries over the widening euro zone crisis and the faltering U.S. economy undermined investor confidence.
U.S. Appeals Court Rejects Mortgage Database Suit
A lawsuit accusing several mortgage lenders of fraud over home loans maintained within the industry's private electronic database cannot proceed, according to a U.S. appeals court ruling.
GE to vigorously contest mortgage lawsuit
General Electric Co said it would vigorously contest a lawsuit by the Federal Housing Finance Agency, which said the conglomerate's former WMC unit made inaccurate statements about the sale of two residential mortgage-backed securities.
Bank stocks slide on mortgage lawsuit and worries
JPMorgan Chase & Co, the second largest U.S. bank by assets, led a broader decline in bank share prices, as investors feared lenders face a growing list of lawsuits due to problem mortgages.
Settlement Offer Reported over Banks' Mortgage Policies
State prosecutors accusing major U.S. banks of improper mortgage practices have offered them a deal that may limit their legal liabilities in return for a multibillion-dollar payment, the Financial Times reported Tuesday.
U.S. Banks Offered Deal over Lawsuits: Report
Big U.S. banks in talks with state prosecutors to settle claims of improper mortgage practices have been offered a deal that may limit their legal liabilities in return for a multibillion-dollar payment, the Financial Times reported on Tuesday.
Wall Street set for sharply lower open after jobs data
Wall Street was set to fall more than 1 percent at the open on Friday after data showed U.S. employment growth ground to a halt in August, adding to worries about the health of the economy.