Jpmorgan chase Stories
Wall Street execs under fire before crisis panel
Goldman Sachs defended its role in creating securities at the center of the financial crisis under tough questioning from a U.S. commission investigating the 2008 meltdown.
Bank levy fears, Alcoa batter Wall Street
U.S. stocks slid in a broad selloff on Tuesday as investors pummeled financials on concerns about a potential government levy on banks, while Alcoa Inc's disappointing results tempered optimism about the economic recovery.
Banks decline amid earnings, fee worries
U.S. bank stocks fell on Tuesday after reports that the Obama administration might charge banks more than $100 billion made investors worry about the sector's profits.
Wall St drops on bank levy worries, Alcoa
U.S. stocks slid in a broad selloff on Tuesday as investors pummeled financials on concerns about a potential government levy on banks, while Alcoa Inc's disappointing results tempered optimism about the economic recovery.
Wall Street lower on earnings and bank jitters
Stocks fell on Tuesday, halting a six-day streak of gains, after weaker-than-expected results from Alcoa Inc and on concerns banks could face fees from the government to recoup losses tied to bailouts.
Wall St lower on earnings, bank jitters
U.S. stocks fell on Tuesday, halting a six-day streak of gains, after weaker-than-expected results from Alcoa Inc and on concerns banks could face fees from the government to recoup losses tied to bailouts.
Liquidating firms claim billions in U.S. stimulus
The U.S. government has provided more than $1 trillion of support to financial companies in a bid to keep credit flowing to the U.S. economy.
Obama, Cuomo target Wall Street bonuses
The White House and New York's top prosecutor attacked excessive Wall Street bonuses, as the nation's biggest banks prepare to hand out awards critics say were made possible by taxpayer bailouts.
Wall Street bonuses in Cuomo's sights
Controversial Wall Street bonuses will be in focus on Monday as New York Attorney General Andrew Cuomo plans a midday announcement on the payouts.
Wall Street dips after weak payrolls data
The Dow and the S&P 500 fell on Friday after an unexpectedly weak employment report cast doubts on prospects for a quick rebound in the labor market.
Q4 fixed-income slump hurts U.S. bank earnings
Fourth-quarter earnings for the big U.S. investment banks could disappoint investors if falling debt trading volumes hurt what had been the banks' key profit engines in the first three quarters of 2009.
RBS Sempra gets 3 bids worth near $4 bln -source
Royal Bank of Scotland (RBS.L) and Sempra Energy (SRE.N) have received bids for their commodities joint venture from a trio of banks keen to expand in the booming business, a person familiar with the matter said.
RBS Sempra gets 3 bids worth near $4 billion: source
Royal Bank of Scotland (RBS.L) and U.S. group Sempra Energy (SRE.N) have received a trio of bids worth about $4 billion for their commodities joint venture, a person familiar with the matter said on Thursday.
Hammerson sells Paris office below book value
Anglo-French property investor Hammerson said on Monday it has sold a Paris office building to a client of Invesco for 84.5 million euros, about 14 percent below book value.
Weill faults Prince, management for Citi woes: report
Former Citigroup Chief Executive Sanford Weill blamed the bank's problems on personnel decisions and faulted his successor, Chuck Prince, for letting its balance sheet balloon and taking on large risks, according to the New York Times, citing a series of recent interviews.
WaMu says tax refund may double, shares soar
Washington Mutual Inc said it could receive an additional $2.6 billion in tax refunds due to a recently enacted law, sending shares of the bankrupt bank holding company soaring on Thursday.
JPMorgan's Dimon complains to UK over bonus tax
JPMorgan Chase & Co Chief Executive Jamie Dimon called British Finance Minister Alistair Darling earlier this month to say Britain's 50 percent tax on bankers' bonuses punishes the bank unfairly, a person close to the bank said.
Wall Street set to rise after home price data
Wall Street was set for a higher open on Tuesday after data showed home prices were unchanged in October and analysts said it suggested slow stabilization in the housing sector.
JPMorgan sues private banker accused of embezzling
JPMorgan Chase & Co has sued a former private banking executive arrested last year in Argentina on criminal charges, accusing him of stealing $2.8 million from a customer's account.
JPMorgan sues ex-private banker for theft
JPMorgan Chase & Co said it has sued a former private banking executive arrested last year in Argentina on criminal charges, accusing him of stealing $2.8 million from a customer's account.
Aberdeen eyes RBS asset business: sources
Aberdeen Asset Management (ADN.L) is interested in buying the funds arm of Royal Bank of Scotland (RBS.L), two sources familiar with the situation said, as the bank offloads a raft of assets after a government-backed bailout.
Berkshire adds Comcast's Burke to its board
Warren Buffett's Berkshire Hathaway Inc said on Tuesday Comcast Corp Chief Operating Officer Stephen Burke has been elected to its board of directors.
Outlook for big U.S. banks brightening: Barron's
Prospects for the four big U.S. banks are brightening, with earnings set to rise markedly in the coming years, the financial weekly Barron's writes in its latest issue.
Daily Outlook - Dec 18
Climate Showdown; Ryanair Ends Boeing Talks; Biggest Holiday Shopping Weekend
U.S. FINRA launches inquiry into firms' trading tips: report
U.S. securities regulator FINRA has launched an inquiry into how Citigroup , J.P. Morgan Chase , Morgan Stanley and others offer stock ratings and research, the Wall Street Journal reported, citing people familiar with the matter.
Wamu asks to probe Fed over collapse
Bankrupt holding company Washington Mutual Inc asked a federal court to compel the U.S. Federal Reserve, U.S. Treasury and more than a dozen others to turn over documents relating to its collapse in 2008.
Credit card chargeoffs rise in November
Most U.S. credit card companies reported charge-offs rose in November after two months of declines in a sign that consumers remain under stress, sending shares down industrywide.
U.S. credit card chargeoffs rise in November
Most U.S. credit card companies reported charge-offs rose in November after two months of declines in a sign that consumers remain under stress, sending shares down industrywide.
Citi to raise $20 billion capital to repay U.S
Citigroup laid out a plan to repay the money it owes the U.S. government, including issuing about $20 billion of capital, as the bank looks to end the executive pay restrictions that came with the funds.
Citi to raise $20 billion capital to repay U.S.
Citigroup laid out a plan to repay the money it owes the U.S. government, including issuing about $20 billion of capital, as the bank looks to end the executive pay restrictions that came with the funds.