Jpmorgan chase Stories
Allstate sues Goldman over mortgage debt losses
Allstate Corp on Monday sued Goldman Sachs Group Inc , accusing the Wall Street bank of causing losses by hiding the risks more than $123 million of mortgage securities it bought.
The Biggest Wall Street Loser; Goldman Sachs CEO Loses $52 million of His Personal Fortune
Lloyd C. Blankfein, chairman and chief executive officer of Goldman Sachs Group Inc., lost about $52 million of his personal wealth this month.
Banks pushing for legal shield on mortgages
U.S. banks still wrestling with legal troubles springing from the subprime mortgage crisis are lobbying the new consumer agency for strong legal protection for future home loans.
U.S. banks pushing for legal shield on mortgages
U.S. banks still wrestling with legal troubles springing from the subprime mortgage crisis are lobbying the new consumer agency for strong legal protection for future home loans.
Bank of America shares fall on AIG lawsuit, economy
Bank of America Corp (BAC.N) shares fell as much as 9.5 percent to their lowest level since April 2009 on Monday morning over fears of a slowing U.S. economy and challenges to a multi-billion dollar mortgage settlement.
Guidewire hires underwriters for IPO: sources
Guidewire Software Inc, which sells software to the insurance industry, is gearing up to go public and has selected JPMorgan Chase & Co (JPM.N) and Deutsche Bank (DBKGn.DE) to underwrite the deal, people close to the matter said.
Wall Street Rebounds After Sell-Off, Berlusconi Budget Announcement
U.S. stocks rose in volatile trade on Friday as investors saw a buying opportunity following the sharp sell-off that took the S&P 500 down 10 percent over the last 10 sessions.
Web.com pays $560 million for Network Solutions
Web.com, an online provider of Internet services for small and medium-sized businesses, has agreed to pay about $560 million for privately held marketing and domain company Network Solutions.
JPMorgan, UBS urge Madoff trustee claims be tossed
JPMorgan Chase & Co and UBS AG , emboldened by a favorable court ruling, urged a federal judge to throw out many claims by the bankruptcy trustee seeking billions of dollars for victims of Bernard Madoff's Ponzi scheme.
Hong Kong: The Widening Gulf Between Rich and Poor
High inflation and soaring real estate prices have thrown thousands of residents into dire straits.
Money funds show resilience despite debt fears
Money market funds face uncharted waters if a debt deal is not reached soon in Washington, but Joe Morgan is not ready to abandon ship.
Dollar rallies on debt deal, but downside risks seen
The dollar rallied against the yen and the Swiss franc on Monday as investors unwound safe-haven plays on expectations U.S. lawmakers would pass a deal to raise the country's borrowing limit, averting the risk of an immediate default.
Rich Man, Poor Man: The Widening Wealth Gap in Hong Kong
High inflation and soaring real estate prices have thrown thousands of residents into dire straits.
Could Steve Jobs and Apple Rescue the U.S. Federal Government?
J. P. Morgan, the U.S. financier who founded the J.P. Morgan & Co. bank in 1871, bailed out the government and financial markets not once, but twice.
Answers to the 7 big "what-ifs" of debt default
The debt negotiations are getting down to the wire. Republican and Democratic lawmakers are scrambling to broker a deal to raise the country's $14.3 trillion debt ceiling before Tuesday, when the Treasury will no longer be able to borrow funds to meet all of its obligations. It all means the United States could face the possibility of defaulting on its debt and losing its prized triple-A credit rating.
Might Cash-Flush Apple and Steve Jobs Bail Out The Federal Government?
As unlikely as such a scenario might seem, it has actually happened in the past.
Goldman Sachs rates desk hemorrhages traders
More than a dozen traders have quit Goldman Sachs Group Inc's (GS.N) North American government bonds and derivatives trading desk in New York in recent months as the bank takes fewer risks and big bonuses for ambitious traders dry up.
Fund Managers Seek Freedom Not to Sell on U.S. Downgrade
Some major bond fund managers are asking their institutional clients to consider waiving strict requirements that might force mass selling of Treasury bonds if the United States loses its AAA rating.
Fortune tenders for $1 bln in debt
Fortune Brands Inc (FO.N) announced a tender offer on Thursday for up to $1 billion of debt using funds from the company's planned sale of its Acushnet golf business.
Dollar on Front Line in Debt Ceiling Battle
Fear the United States will lose its AAA credit rating or even default on its debt is driving foreigners away from U.S. assets, and the dollar is taking the biggest hit.
Can Goldman, Morgan Stanley recover moxie?
At the once-feared commodity trading arms of Goldman Sachs and Morgan Stanley, the pressure to do better in the second half of this year has never been more intense.
Top Earnings at a Glance (SLIDESHOW)
The earnings season is when a large number of publicly traded companies release their quarterly earnings reports. The earnings season is so far topping Street views at a pace above typical quarters.
Morgan Stanley set for loss
Morgan Stanley is set to report a second-quarter loss on Thursday, as costs caused by a leftover item from the financial crisis compound the effects of a weak trading environment and stubbornly high expenses.
Weak trading bites into Goldman profits
Goldman Sachs' anemic second-quarter results on Tuesday rattled investors and cast a pall on its reputation as Wall Street's trading powerhouse.
Goldman's profit engine stalls; shares fall
Goldman Sachs Group Inc rattled investors with earnings that fell far short of expectations because of sharp declines in bond trading revenue, long a key source of profits for the investment bank.
Goldman profit misses badly, rattles Wall Street
Goldman Sachs Group Inc rattled investors with earnings that fell far short of analysts' estimates because of sharp declines in trading revenue.
BofA reports $8.8 billion net loss, worst ever
Bank of America Corp reported its biggest-ever quarterly loss -- $8.8 billion -- as low interest rates squeezed lending margins at the largest U.S. bank.
Instant view: Goldman's profit lower than expected
Goldman Sachs Group Inc's profit fell short of lowered market expectations as fixed income trading revenue dropped sharply.
BofA posts $8.8 billion net loss, worst ever
Bank of America Corp reported an $8.8 billion second-quarter loss, its worst ever, and posted a drop in lending margins as low interest rates weigh on the largest U.S. bank.
Goldman investors seek answers beyond dreary second-quarter
When Goldman Sachs Group Inc reports second-quarter earnings on Tuesday, investors will be keen to hear how the largest U.S. investment bank plans to make up for fast-fading fixed-income trading revenue.