Jpmorgan chase Stories
Morgan Stanley profit beats estimates, shares up
Robust fixed income trading results launched Morgan Stanley to a better-than- expected first-quarter profit on Wednesday, sending its shares up.
Banks' loan losses easing but demand down
Banks including Wells Fargo & Co reported first-quarter results that showed the loan losses that have plagued the financial sector amid the recession are easing.
Citigroup profit $4.4 billion, tops Street view
Citigroup Inc posted a $4.43 billion first-quarter profit, its best result in more than two years, as the global economic recovery lifted the values of its worst assets and allowed the bank to set aside less money to cover credit losses.
JPMorgan chief warns of overregulation: report
The head of JPMorgan Chase & Co in a German newspaper interview on Sunday turned against the possibility of stricter bank regulation and asked for better access for bankers to politicians.
BofA profit beats expectations, revenue lower
Bank of America Corp posted its first quarterly profit since summer 2009 as it generated outsized bond trading revenue and set aside less money to cover bad loans.
BofA profit beats expectations
Bank of America Corp trounced expectations with its first quarterly profit since the summer of 2009 as it generated outsized bond trading revenue and set aside less money to cover bad loans.
Credit Suisse taps JPM exec to head India i-banking
Credit Suisse is hiring Vedika Bhandarkar, a veteran investment banker at rival JPMorgan , to beef up its investment banking business in India.
Credit Suisse taps JPMorgan exec to head India i-banking
Credit Suisse is hiring Vedika Bhandarkar, a veteran investment banker at rival JPMorgan , as head of investment banking for India, the Swiss investment bank said on Friday.
Fewer Americans falling behind on credit cards
Credit card delinquency rates fell last month at most major U.S. lenders, with the exception of Citigroup Inc, in the latest sign that Americans are starting to climb out of the recession.
Capital One credit card defaults rise in March
Capital One Financial Corp's U.S. credit-card defaults rose in March in a sign that consumers may still be under stress.
World stocks at year highs on earnings, China
Strong growth in China and upbeat corporate earnings lifted world stocks on Thursday to a new high for the year, putting them at levels last seen around the collapse of Lehman Brothers.
Wall Street climbs on earnings, data; S&P tops 1,200
U.S. stocks rose for a fifth straight day on Wednesday and the S&P 500 topped 1,200 as stronger-than-expected corporate results and March retail sales bolstered the outlook for profits.
Earnings, retail sales lift Wall Street
BY Chuck MikolajczakWall Street rose on Wednesday and the S&P topped the key 1,200 level, lifted by solid results from Intel and JPMorgan Chase, while retail sales data gave fresh evidence the economic recovery was broadening.
JPMorgan investment bank powers profit rise
JPMorgan Chase & Co's first-quarter profit topped Wall Street expectations, as revenue from its investment bank transcended losses on consumer loans.
Wall Street set for higher open on earnings, sales data
BY Chuck MikolajczakWall Street was set for a higher open on Wednesday, boosted by solid results from Intel and JP Morgan Chase, while retail sales data provided fresh evidence of an economic recovery.
WaMu risk-taking slammed
Former Washington Mutual Chief Executive Kerry Killinger charged regulators unfairly seized the thrift in September 2008, even as the head of a congressional panel accused the savings and loan of creating a mortgage time bomb in its quest for profits.
WaMu called time bomb as ex-CEO laments seizure
Former Washington Mutual Chief Executive Kerry Killinger charged regulators unfairly seized the thrift in September 2008, even as the head of a congressional panel accused the savings and loan of creating a mortgage time bomb in its quest for profits.
WaMu execs blame regulators for its demise
Former Washington Mutual Chief Executive Kerry Killinger on Tuesday said regulators unfairly seized the Seattle-based thrift in September 2008 and sold it to JPMorgan Chase & Co. for a bargain price of $1.9 billion.
'Al-Qaida' in gold market?
Gold has the dubious distinction of abetting crimes across the globe. And, this time the yellow metal has done something which the world has never seen or heard till now. It is worse than 9/11 or 26/11 terror strikes on World Trade Center and Mumbai respectively. You must be wondering where did such a big crime occurred. Because, this terrorism is a bloodless one. Here, only gold and dollars are involved - that too in trillions. The new crime is called financial terrorism. And if you dare to ex...
Market edges up before Alcoa, after Greece deal
U.S. stocks advanced on Monday as anticipation of solid first-quarter corporate earnings buoyed sentiment along with an announcement of an emergency aid plan for Greece.
Tribune lenders say bankruptcy plan unfair
A group of Tribune Co lenders on Monday labeled the U.S. newspaper publisher's proposed plan to exit bankruptcy unfair and said they deserve the right to propose an alternative.
Regulators failed to supervise Washington Mutual: report
U.S. regulators did not properly supervise Washington Mutual Inc, even as the savings and loan began to crumble because of the subprime mortgage crisis, a federal investigation concluded, the New York Times reported.
U.S. bank investors: Show me the money
Citigroup Inc , JPMorgan Chase & Co and Bank of America Corp may soon show compelling evidence that they have stopped the bleeding in terms of credit losses and loan writedowns.
California queries banks' role in underwriting and CDS
California Treasurer Bill Lockyer has sent a letter to six big banks that underwrite the state's municipal bond sales, asking what the banks' role may be in also selling credit default swaps on Californian debt.
Commodities take Asian stock markets higher
Asian stock markets rose on Tuesday as the weak U.S. dollar spurred overnight gains in commodities, boosting commodity-linked stocks in the region.
Treasury to sell Citi common shares in 2010
The Treasury on Monday pledged to sell its 7.7 billion Citigroup Inc shares this year, a step that further reduces the government's influence on the banking giant.
Bank of America continues Asia hiring push
Bank of America Corp has hired four new executives in its global banking business, including three hires in Asia, as part of its continued push into international banking.
JP Morgan payoff in WaMu case faces FDIC hurdle: report
The Federal Deposit Insurance Corp is not yet on board with Washington Mutual Inc's bankruptcy reorganization plan, including a massive tax refund to JPMorgan Chase & Co , according to the company and a Wall Street Journal report.
Bankers named suspected conspirators in muni case
Nearly 30 bankers from more than a dozen financial companies have been named by the federal government as suspected co-conspirators in a broad investigation into pricing of certain municipal derivatives, according to court documents.
Bankers named as suspected conspirators in muni case
Nearly 30 bankers from more than a dozen financial companies have been named by the federal government as suspected co-conspirators in a broad investigation into pricing of certain municipal derivatives, according to court documents.