Sponsored by Jpmorgan chase

Bank of America Merrill Lynch and JPMorgan are the lead candidates for senior manager underwriting roles on the General Motors initial public offering, according to Fox Business Network's Charlie Gasparino.

Stock index futures rose on Wednesday, recovering from a sell-off in the previous session as investors awaited monthly data on pending home and auto sales.

The U.S. Treasury and General Motors Co may select a lead underwriter for an initial public offering for the automaker as early as next week, Bloomberg News reported on Saturday.

Lehman Brothers Holdings Inc on Wednesday sued JPMorgan Chase & Co , accusing the second-largest U.S. bank of illegally siphoning billions of dollars of desperately-needed assets in the days leading up to its record bankruptcy.

Revolution LLC, an investment company created by AOL co-founder Steve Case, is taking a stake in Internet wine seller Vinfolio in a bid to transform the privately held firm into the eBay of fine wines.

Shareholders of bankrupt Washington Mutual Inc asked a federal judge for permission to investigate JPMorgan Chase & Co for its role in the failure of Washington Mutual Bank, according to court documents filed on Tuesday.

A U.S. lawmaker charged with a key role in hammering out a final financial regulation bill said on Tuesday there is no need to force banks out of the lucrative over-the-counter derivatives business -- a potentially big win for Wall Street firms.

JPMorgan Chase & Co Chief Executive Jamie Dimon is broadly optimistic financial reform is headed in the right direction, he said on Monday at the Japan Society's Annual Dinner in New York.

JPMorgan Chase & Co shareholders rejected a proposal to strip Chief Executive Jamie Dimon of his chairman title, but they gave him a hard time at the bank's annual meeting on Tuesday.

Calpers, the largest U.S. public pension fund, has voted for a shareholder proposal to separate the roles of chairman and chief executive at JPMorgan Chase & Co , roles currently held by veteran banker Jamie Dimon.

U.S. credit card delinquencies fell for the fourth straight month in April, the latest indicator that Americans are recovering from the worst economic downturn since the Great Depression.

Washington Mutual Inc proposed an amended plan of reorganization on Monday that would return $7 billion to creditors, but it was unclear if the Federal Deposit Insurance Corp would support the plan.

Washington Mutual Inc reached agreement with the Federal Deposit Insurance Corp on an amended plan of reorganization, bringing the company closer to exiting bankruptcy, according to court documents filed Monday.

JPMorgan Chase & Co Chief Executive Jamie Dimon told Syracuse University graduates on Sunday he was confident the United States would see a recovery in the short term, but the country's condition over the longer term was in the hands of the next generation.

Goldman Sachs Group Inc and a consortium of other top banks are part of an effort to save ShoreBank Corp, a Chicago bank with Washington ties, a community activist close to the institution said on Friday.

Prosecutors are conducting a broad criminal investigation of six major Wall Street banks, including JPMorgan Chase & Co and Citigroup Inc, to determine if they misled investors, a person familiar with the matter said on Thursday.

Five U.S. banks and four European lenders are being investigated by U.S. authorities, as they widen their probe of the role of banks in past mortgage securities deals, according to news reports.

Balanced U.S. financial reform will likely prevail, according to JPMorgan Chase & Co's investment bank Chief Executive Jes Staley.

A British tax on bank executives' bonuses will cost two of the biggest U.S. banks a combined $1 billion.

The former chairman and chief executive of Bear Stearns conceded on Wednesday that the failed investment bank had taken on too much risk.

The former chairman and chief executive of Bear Stearns conceded on Wednesday that the failed investment bank had taken on too much risk.

JPMorgan Chase & Co Chairman Jamie Dimon says he hopes a strong financial regulatory bill will emerge that will also be good for the U.S. economy.

Bear Stearns' appetite for risk and lack of foresight were criticized at a hearing into the roots of the financial crisis, where former executives argued the firm's collapse was due to events beyond their control.

Bear Stearns appetite for risk was questioned at a hearing into the roots of the financial crisis, where former executives testified that the firm's collapse was due to events beyond their control.

Former Bear Stearns executives said the firm became the first major victim of the financial crisis due to unfounded rumors, not because of risky exposures to mortgage-related products with free-falling values.

Washington Mutual Inc said on Tuesday that shareholders were demanding an independent investigation of the company's collapse in the hopes of getting a pay off, according to court documents.

Underwriters for Toyota Auto and Ally Master Owner Trust asset-backed offerings on Thursday launched larger-than-expected auto sales at tighter spread levels as investors chased supply, market sources said.

U.S. stocks rose on Wednesday after the Federal Reserve pointed to signs of strength in the economy, comments that gave some relief to investors worried about possible debt defaults in Europe.

A Senate panel on Wednesday voted to ban banks from the lucrative swaps market, one of the strictest measures in a planned financial reform that is heading into the home stretch.