Jpmorgan chase Stories
BofA looks to clear up cloudy mortgage outlook
For Bank of America Corp, the mortgage issues never seem to end, which is the chief worry for investors and analysts.
JPMorgan Chase overhauls troubled mortgage unit
JPMorgan Chase & Co is putting on a kinder, gentler face as it overhauls a unit that negotiates with borrowers whose homes are headed into foreclosure.
Citi profit beats forecasts, challenges remain
Citigroup Inc's second-quarter profit jumped 24 percent as the bank lost less money than expected on bad U.S. loans.
Bank of America Shares Drop Below $10
Bank of America (BOA) shares dropped below $10 for the first time in two years on Friday.
Citigroup profit jumps 24 percent, beats forecasts
Citigroup Inc's second-quarter profit jumped 24 percent as the bank lost less money than expected on bad U.S. loans.
Instant view: Citigroup posts second quarter results
Citigroup Inc posted higher-than-expected net income in the second quarter, helped by falling credit losses.
Citi profit jumps 24 percent, beats forecasts
Citigroup Inc's second-quarter profit jumped 24 percent as the bank lost less money than expected on bad U.S. loans.
Citi has uphill climb to match strong JPM results
When Citigroup Inc reports second-quarter results on Friday, investors will scrutinize its loan book for signs that the bank is on a sustainable path to profit growth.
UBS wins review of Madoff trustee's $2.6 bln suits
UBS AG won review by a Manhattan federal judge of $2.6 billion of lawsuits brought by the trustee liquidating Bernard Madoff's firm, at least the fourth time a bank has obtained access to that court.
Ambac $1 billion subprime lawsuit vs JPMorgan revived
A New York state appeals court revived Ambac Financial Group Inc's $1 billion lawsuit against JPMorgan Chase & Co over an investment vehicle that in 2007 and 2008 suffered heavy losses from toxic subprime debt.
Wall Street flat as Fed comments offset earnings hope
Stocks were little changed on Thursday as Federal Reserve Chairman Ben Bernanke delivered congressional testimony for the second day and worries about hitting the U.S. debt ceiling dogged investors.
JPMorgan & Chase Earnings Beat Income Estimates
JPMorgan & Chase bank reported second quarter earnings Thursday. The bank's net income beat analysts' expectations.
JPMorgan quarterly profit higher, beats estimates
JPMorgan Chase & Co posted higher-than-expected quarterly profit as it wrote off fewer bad mortgages and credit card loans.
For JPMorgan, forecasts matter more than results
When JPMorgan Chase & Co reports second-quarter results on Thursday, Wall Street will care more about its forecasts than its earnings, looking for clues on the direction of the U.S. lending business.
Amazon Sells Kindle for $139, But Prepare for AT&T Ads
Amazon announced its lowest price ever for its Kindle 3G with Special Offers but it comes with a catch--you may be inundated with AT&T advertisements.
Weak 2nd Quarter Results and Employment Cuts Imminent For Wall Street
Wall Street banks are reported to post poor second quarter results this week, accounting for nearly a 20 percent drop in sales and trading revenues and prompting another round of layoffs, according to the New York Times.
Dunkin' Brands Nearing IPO
Dunkin' Brands, owner of Dunkin' Donuts, is nearing its IPO. Shares are expected to be priced between $16 and $18 per share. The stock will trade on the NASDAQ under the symbol DNKN.
LivingSocial picks BofA, JPMorgan, Deutsche for IPO
LivingSocial has picked Bank of America Merrill Lynch, JPMorgan and Deutsche Bank to lead-underwrite an IPO that could value the daily deals site at $10 billion to $15 billion, two sources with knowledge of the matter said.
LivingSocial Moves Closer to IPO Filing, Seeks to Ride Social IPO Craze
LivingSocial, one of the major leaguers in the social-buying sector, has hired JPMorgan Chase, Deutsche Bank and Bank of America Merrill Lynch to oversee the company's upcoming initial public offering, a person with knowledge of the talks said.
LivingSocial Planning $1 Billion IPO, Banks Selected to Lead Effort
Social coupon network LivingSocial has selected three banks to leads its IPO.
JPMorgan settles muni bid-rigging case for $211 million
JPMorgan Chase & Co agreed to pay $211.2 million to settle federal and state charges that its employees rigged bids for derivatives sold to at least 48 cities and charities.
Stock Market On Fire Today After Surge in Investor Confidence
The stock market was on fire today after investor confidence increased after two promising reports on the job market were released. The Dow Jones industrial average gained 94 points or 0.7%, closing at 12.720.
Pfizer Considering Sale of Animal Health, Baby Food Units
Pharmaceutical giant Pfizer (PFE) is considering selling its animal health and baby food units in hopes of appeasing shareholders' demands.
NY Schneiderman: JPMorgan to pay for muni bid-rigging
New York Attorney General Eric Schniederman on Thursday said JPMorgan Chase had reached a settlement with New York and 24 other states over anti-competitive conduct in municipal bond derivatives.
JPMorgan to pay $35 million in muni bid-rigging case
JPMorgan Chase was ordered to pay more than $35 million to settle allegations that employees participated in a bid-rigging scheme for derivatives sold to municipalities and non-profit organizations.
Pre-Market NASDAQ Movers (APAC, HITK, REDF, MOBI, ENOC, NVMI, AFFX, QTWW, GURE, LOGI, AIXG, SBUX)
The top pre-market NASDAQ Stock Market gainers are: APAC Customer Services, Hi Tech Pharmacal, Rediff.com India, Sky-mobi, EnerNOC, and Nova Measuring Instruments. The top pre-market NASDAQ Stock Market losers are: Affymetrix, Quantum Fuel Systems Technologies Worldwide, Gulf Resources, Logitech International, Aixtron, and Starbucks.
Trio of China banks ranked in global top 10: study
Three Chinese banks are now in the world's top 10, underlining the dramatic growth of the country's financial industry in recent years, according to a new study released on Thursday.
JPMorgan promotes Urwin to global banking post
JPMorgan Chase & Co promoted Jeff Urwin, a former Bear Stearns & Co banker who became co-head of its North American investment banking business, to a new role heading global investment banking industry groups, capital markets and mergers and acquisitions.
JPMorgan-SEC deal on mortgage CDO approved: judge
A federal judge on Wednesday approved a $153.6 million settlement between JPMorgan Chase & Co and the top U.S. market regulator over allegations a mortgage CDO product defrauded the bank's investors at the time of the housing market collapse.
BofA near $8.5 billion settlement on securities
Bank of America Corp is close to a deal to pay $8.5 billion to settle claims from a group of powerful investors that lost money on mortgage-backed securities, a person familiar with the matter said on Tuesday.