Jpmorgan chase Stories
Shareholders Spare Bank Of America Corp CEO And Chairman Brian Moynihan
A long-simmering dispute over whether Brian Moynihan should occupy the positions of both CEO and chairman ended Tuesday with the bank prevailing.
Why Wall Street's Trading Revenues Are Falling, Even Amid High Volatility
Market volatility is usually a treat for Wall Street. So why are executives like Bank of America CEO Brian Moynihan bemoaning weak trading-desk revenues?
Charles Li Defends JPMorgan Hiring Practices, Dismisses Allegations
The former head of the bank's China operations allegedly recommended the hiring of relatives and friends of Chinese officials.
Regulators Expand Probe Into $12.7 Trillion US Treasury Market: FT
New York's top financial watchdog joined an inquiry into potential wrongdoing into U.S. Treasurys, the world's most actively traded market.
Media General Buys Meredith Corp For $2.4 Billion In Cash-And-Stock Deal
The broadcasting giant will become the third-largest local television station owner in the United States.
Chris Christie Slams 'Corporate Welfare' Before Proposing Millions In Tax Breaks For Corporations Back Home
Republican presidential candidate Chris Christie has led a massive surge in tax breaks for companies in New Jersey.
Dodd Frank Act Killing US Banks? Only 3 New Financial Institutions Have Opened Since 2010
Only three new financial institutions have opened in the U.S. since 2010. One explanation might be the Dodd-Frank Act.
Dow Jones Industrial Average Closes Higher As JPMorgan Chase & Co (JPM) Climbs 1%
Investors await Fed boss Janet Yellen’s testimony before Congress this week, for clues about plans to raise interest rates.
Earnings: JPMorgan Chase & Co (JPM) Q2 Profit Up 5.2%; Wells Fargo & Co (WFC) Earnings Growth Slows
The big banks are the first of six in the U.S. to post quarterly results between Tuesday and July 20.
Chris Christie Administration To Give $180M Tax Break To JPMorgan Chase As He Sells Himself To Voters As Job Creator
Under Gov. Chris Christie's watch, the New Jersey government has awarded nearly $6 billion in corporate tax incentives this decade.
JPMorgan To Pay Over $125M To Settle US Credit Card Debt Probes
The nation's largest bank has been accused of relying on robo-signing and other discredited methods.
Wall Street Stirs Fears Of Bond Market Crisis In Push For Looser Regulations
Sounding the alarm over instability in the bond market, major banks are asking to roll back rules that make markets more transparent.
JPMorgan Chase & Co CEO Jamie Dimon Joins Billionaires' Club
The CEO of JPMorgan Chase & Co. has ascended to the rank of billionaire -- a rare feat for a bank executive.
Metro Bans 'Issue' Ads: Pamela Geller Submits 'Draw Muhammad' Cartoon Advertisements For Washington DC Transit System
The Washington Metropolitan Area Transit Authority banned them after the woman behind the "Draw Muhammad" contest in Garland, Texas -- where two gunman opened fire -- submitted a satirical cartoon.
JPMorgan Chase & Co. (JPM) To Cut More Than 5,000 Workers By End Of 2016: Report
Workers at bank branches will be cut from a bank that made more the $20 billion in profit last year.
JPMorgan Chase & Co Launches Think Tank: The JPMorgan Chase Institute
The JPMorgan Chase Institute released its first report: a financial security study that recommends banking products.
Major Banks Slapped With $5.7 Billion In Fines, Unprecedented Criminal Charges Over Foreign Exchange Manipulation
JPMorgan and others were penalized a combined $5.7 billion over foreign exchange manipulation. Despite the historic guilty pleas, no individuals were charged.
JPMorgan Chase & Co (JPM) Braces For Guilty Plea In Forex Rigging Settlement
The bank announced in a regulatory filing that "any resolution acceptable to DOJ would require that the Firm plead guilty."
US Economy Suffers From ‘Too Much Finance,’ Says New IMF Study
Economists at the International Monetary Fund released new research that examines how an outsized financial sector harms the economy.
JPMorgan Chase & Co (JPM) And Bank of America Corp (BAC) To Cleanse Consumer Credit Reports Of Obsolete Debts
Amid lawsuits, Bank of America and JPMorgan Chase will repair the credit reports of borrowers who went through bankruptcy.
After Wall Street Banks Exit Controversial Aluminum Trade, Prices Return To Normal
After financial firms like Goldman Sachs left the aluminum storage business, surcharges paid by millions of average consumers have fallen steeply.
Bank of America Corp (BAC) Stock Drops After Q1 Earnings Miss Forecasts
However, BofA's first quarter reversed a surprise loss from a year ago when it was hit with $6 billion for litigation expenses.
Dow Jones Industrial Average Drops Despite JPMorgan Chase Rallying 2%
Investors weighed a series of mixed earnings from JPMorgan and Wells Fargo, the first two major banks to report quarterly results this earnings season.
Earnings News: JPMorgan Chase & Co (JPM) Q1 Profit Jumps 12%, Wells Fargo & Co (WFC) Profit Drops 3%
The investment giant's first-quarter profit jumped 12 percent from a year ago, while Wells Fargo reported a rare earnings decline.
Earnings Preview: JPMorgan Chase & Co (JPM), Wells Fargo & Co (WFC), Bank of America Corp (BAC), Goldman Sachs Group Inc (GS)
JPMorgan Chase is the first of six major U.S. banks scheduled to post quarterly results between Tuesday and April 20.
Goldman Sachs Loses Luster in Comparison of Mutual Fund Performance
How well is Wall Street's strategy on actively managed mutual funds holding up for investors?
Chase Cyberattack: Police Sources Say JPMorgan Hackers Are 'Gettable'
Apprehending the hackers who infiltrated Chase bank would be a rare victory for U.S. law enforcement when it comes to cybercrime.
Nearly Every Major Bank Has Ditched Mountaintop Coal Mining
PNC Financial joins the list of lenders refusing to do business with an environmentally damaging industry.
JPMorgan Clamps Down On Social Media Amid Heightened Competition For Talent
The bank has reportedly set rules on employees' LinkedIn posts in a bid to battle talent poachers.
Stress Tests On Big Banks Are Too Predictable, Treasury Department Paper Says
Annual Federal Reserve examinations meant to prevent the next financial crisis could be growing too predictable, researchers say.