Jpmorgan chase Stories
JPMorgan Posts Profit As Legal Costs Ease
JPMorgan had missed market expectations in three of the four preceding quarters.
JPMorgan Chase Chief Executive Jamie Dimon Addresses Cyberattacks, Says Government Help Is Necessary
JPMorgan Chase CEO Jamie Dimon addressed the bank's recent cyberattacks Friday.
Chase Bank Hack Persuades Obama To Make Cyberwarfare A Top National Security Issue
President Obama has received regular updates regarding the data breach that affected nearly 80 million households.
JPMorgan Hackers Tried To Infiltrate Other Financial Institutions: Report
Many financial institutions said that they had seen traffic from suspect IP addresses, but did not believe that they had been hacked.
Chase Customer Accounts Still At Risk, Experts Warn
Hackers "know exactly where the assets are."
JPMorgan Attack Shows Hackers Gaining Upper Hand In Cyberwars
Banks are supposed to be secure. But they're not.
Chase Bank Online Hack: 4 Things To Do To Protect Your Account Right Now
More than 75 million current and former Chase bank customers could be impacted by the summer hack, the bank said.
JP Morgan Chase Cyberattack: More Than 80 Million Accounts Compromised, Says New Report On Bank Hack
Bank hack: A new report significantly increases the number of accounts compromised during the summer's cyberattack.
Judge Rules JPMorgan To Face Class Action Suit Over $10 Billion Mortgage-Based Securities
Despite efforts to dismiss the case, a judge ruled JPMorgan will face a class-action lawsuit over $10B worth of mortgage-backed securities.
JPMorgan To Face US Class Action In $10 Billion MBS Case
A federal judge said JPMorgan Chase & Co must face a class action lawsuit by investors who claimed the bank misled them about the safety of mortgage-backed securities it sold before the financial crisis.
JPMorgan Hackers Accessed Servers But Stole No money: Report
Hackers accessed dozens of servers in a cyberattack launched in June, though no money was taken, the New York Times reported.
Will Apple Pay Earn Oversight by the Consumer Financial Protection Bureau?
Georgetown law professor Adam Levitin explains how the Consumer Financial Protection Bureau could regulate Apple's new pay platform.
Shake Shack IPO Aiming For $1 Billion Valuation: Report
Rumblings about Shake Shack’s proposed initial public offering are getting louder up and down Wall Street.
JPMorgan Data Breach Traced Back To Russia, Which Calls Claim 'Nonsense'
Weeks after the breach was discovered, investigators have traced the re-routed data to a Russian city, according to a Bloomberg report.
JPMorgan Hack Likely A Warning To ‘Vulnerable’ US Financial Institutions, Former NSA Chief Says
Hackers who targeted JPMorgan last month were “a nation-state backed group” with “exceptional skills,” a former NSA chief told Bloomberg.
North Carolina Union Files SEC Pay-to-Play Complaint Against Erskine Bowles
A North Carolina public worker union says sequence of campaign fundraiser and pension deal for Bowles' firm may violate pay-to-play rules.
Russian Hackers Had Means, Motive To Infiltrate JPMorgan Chase After Ukraine Sanctions
Russian hackers are believed to have hacked JPMorgan Chase and stolen a trove of executives' "sensitive documents."
Bank Of America Settlement To Cost Taxpayers $4B In Lost Tax Revenue, Taxpayer Watchdog Says
The Justice Department settlement with Bank of America failed to forbid BofA from deducting portions on its income tax, U.S. PIRG charges.
Wall Street Salaries 2014: Goldman Sachs Leading The Way With 20% Hike As Banks Raising Pay For Junior Staff
Wall Street is facing pressure to improve working conditions for junior employees after a banking intern's death last year, likely caused by his long hours.
Mortgage Crisis Settlement: Bank Of America To Pay $16.5B, Largest Single-Company Settlement Ever With The SEC
“Bank of America failed to make accurate and complete disclosure to investors, and its illegal conduct kept investors in the dark."
Christ Church Vs. JPMorgan: Bank Allegedly Mismanaged Millions
Christ Church filed a lawsuit against JPMorgan after the congregation claimed it lost millions.
US Judge Orders Argentina Debt Negotiations Must Continue
U.S. District Judge Thomas Griesa in New York criticized the decision by Latin America's No. 3 economy to default on $29 billion in debt earlier in the week rather than pay the holdouts as ordered.
Italy's Police Seize $140M From Nomura Claiming Fraud In Sicily's Deals
Many local governments in Italy have reportedly taken several international banks to court for losses incurred on complex derivatives products.
Ace Greenberg: The Best Memos From The Late Wall Street Legend
In memory of the deceased Alan "Ace" Greenberg, we take a look at some of the Wall Street legend's most memorable memos
Morgan Stanley Quarterly Profit More Than Doubles
Morgan Stanley, ranked No. 2 globally in mergers-and-acquisitions, benefited from a strong equities market in the quarter.
JPMorgan Profit Falls 8% As Securities Trading Income Drops
"Toward the end of the second quarter, we saw encouraging signs across our businesses."
Citi, U.S. $7 Billion Settlement Announcement Expected Monday
Citigroup agreed to pay $7 billion to resolve a U.S. government investigation into shoddy mortgage-backed securities the bank sold in the run-up to the 2008 financial crisis in a settlement set to be announced on Monday, sources said.
Citigroup May Pay $7B To Resolve US Mortgage Probes: Reuters
A majority of the settlement is expected to be in cash, but the figure also includes several billion dollars in help to struggling borrowers.
Bank Cuts May Force Immigrants To Pay More to Send Remittances
Under greater pressure from regulators, U.S. banks offer immigrants fewer options to transfer remittances.
Jamie Dimon's Cancer Throws Spotlight On JPMorgan's Succession Plan
Dimon has reportedly said the prognosis for his throat cancer is "excellent" and the illness is "curable."