Email
Password
Remember meForgot password?
    Log in with Twitter

JPMorgan News

Amazon, Warren Buffett join forces to tackle health care

Washington - Retail behemoth Amazon has joined forces with two other titans of American business -- Warren Buffett's Berkshire Hathaway and JP Morgan Chase -- to tackle one of the most enduring problems in the country: quality affordable health care.

JPMorgan makes push into payments technology

JPMorgan appears to be making a big push into payments technology. A new markets report signals that digital banking becomes a strategic priority for the "bulge bracket banks."

JPMorgan investment chief: 'Market correction will be painful'

Daniel Pinto, the head of JPMorgan Chase's dominant investment bank, told research analysts from Keefe, Bruyette, & Woods that the markets are too complacent right now, and we could be in store for a painful correction.

JPMorgan announces new payments network based on blockchain tech

JPMorgan has launched a new payment processing network that's based on blockchain technology. Financial organisations are making large investments into blockchain in the hope it can simplify some of the issues around traditional banking processes.

JPMorgan chief sees higher risk of EU breakup

New York - The odds of a breakup of the European Union have increased after Brexit, an outcome that could have "devastating" economic and political effects, JPMorgan Chase's chief executive said Tuesday.

Dropbox secures $600 million credit pool anticipating IPO

Dropbox is moving into new, public territory. With a $600 million credit pool secured for a push to go public this year, the success of the file hosting service has been brought into sharper light.

JPMorgan settles FCPA charges by paying $264 million

After a three-years probe for alleged corruption, fraud and violation of the Foreign Corrupt Practices Act (FCPA) charges, JPMorgan Chase & Co. agreed to pay a $264 million total settlement.

JPMorgan earnings fall 19% on lower mortgage income

New York - JPMorgan Chase Friday reported lower earnings due to a drop in its mortgage business as the US banking giant seeks to turn the corner after costly legal settlements.

Top Chinese JPMorgan exec leaving amid probe

New York - One of JPMorgan Chase's top Chinese executives will resign, according to a bank memo, as regulators probe whether the financial giant violated anti-bribery laws in Asia.Fang Fang, who served as chief executive of JPMorgan's China investment banking uni...

JPMorgan top China banker Fang to leave amid hiring probe

JPMorgan Chase & Co's <JPM.N> chief executive for China investment banking, Fang Fang, will leave the firm, according to an internal memo - a departure that comes amid a probe of JPMorgan hiring practices in Asia.

U.S. judge OKs JPMorgan $218 million Madoff class-action settlement

A federal judge on Friday gave final approval to JPMorgan Chase & Co's <JPM.N> $218 million settlement to resolve class-action litigation accusing the largest U.S.

Ex-JPMorgan 'Whale' supervisor files claim against UK regulator

A former JPMorgan Chase & Co executive fighting U.S. extradition from Spain for allegedly helping to hide more than $6.2 billion in trading losses has filed a claim against Britain's financial regulator.

JPMorgan sells physical commodities unit to Mercuria for $3.5 billion

JPMorgan <JPM.N> is selling its physical commodities business to Mercuria for $3.5 billion, the U.S.

JPM deal propels Mercuria to elite club of commodity titans

The big three just became the big four.

JPMorgan to sell commodities unit for $3.5 bn

New York - US banking giant JPMorgan Chase announced Wednesday it is selling its physical commodities business to Swiss trading firm Mercuria Energy Group Limited for $3.5 billion.The deal divests physical commodities assets, transactions and energy and metals tr...

JPMorgan sells physical commodities unit to Mercuria for $3.5 billion

JPMorgan is selling its physical commodities business to Mercuria for $3.5 billion, the U.S.

JPMorgan whistleblower gets $63.9 million in mortgage fraud deal

A whistleblower will be paid $63.9 million for providing tips that led to JPMorgan Chase & Co's agreement to pay $614 million and tighten oversight to resolve charges that it defrauded the government int...

JPMorgan pays $400 mn to settle on mortgage securities

New York - US banking giant JPMorgan Chase agreed to pay $400 million in cash to settle litigation filed by Syncora Guarantee Inc.

JPMorgan compliance chief leaves firm: WSJ

JPMorgan Chase & Co's <JPM.N> compliance chief has quit the largest U.S. bank, roughly a year after being appointed to the position, the Wall Street Journal reported on Tuesday.

JPMorgan to cut 8,000 jobs, lowers 2014 profit target

JPMorgan Chase & Co <JPM.N>, the largest U.S.

Regulators question JPMorgan Chase on foreign exchange

New York - JPMorgan Chase Thursday disclosed that US and foreign regulators have sought documents on its foreign exchange trading business, amid an ongoing worldwide forex manipulation probe.The disclosure came as the embattled US banking giant, which has paid ou...

Deal with activists lets JPMorgan avoid battle over chairman

A deal with shareholder activists outlined by JPMorgan Chase & Co <JPM.N> on Thursday will allow the bank to avoid another battle at its spring shareholder meeting over whether the firm should have an i...

Madoff said JPMorgan executives knew of his fraud: lawsuit

Two senior officials at JPMorgan Chase & Co and predecessor companies repeatedly confronted Bernard Madoff over irregularities in his business, a new lawsuit said, suggesting that bank leaders h...

NGO challenges $13 bln JPMorgan Chase settlement

New York - A non-profit group filed suit over a record $13 billion settlement between the US Justice Department and JPMorgan Chase concerning high-risk mortgage securities it sold ahead of the housing bust.Better Markets, an NGO that advocates for US financial ma...

China insurance official asked JPMorgan's Dimon for job 'favor': NYT

China's top insurance regulator directly asked JPMorgan Chase & Co <JPM.N> CEO Jamie Dimon to hire a family friend as a "favor", The New York Times reported, citing a confidential email.

Better Markets sues Justice Department over JPMorgan settlement

The non-profit group Better Markets filed a lawsuit against the U.S.

JPMorgan to pay $614 mn to settle charges on bad loans

New York - JPMorgan Chase will pay $614 million to settle US charges that it approved thousands of bad loans that wrongly qualified for federal insurance, the Department of Justice announced Tuesday.

JPMorgan to pay $1.45 mn for sexual harassment

New York - US banking giant JPMorgan Chase will pay $1.45 million to settle charges that it permitted a sexually charged work environment that led to unfair treatment of 16 female employees in Ohio.

Dimon wins big pay hike despite JPMorgan's jumbo fines

New York - JPMorgan Chase head Jamie Dimon's pay nearly doubled to $20 million for 2013 despite the bank being forced to pay out billions to resolve legal and regulatory cases arising under his tenure.

JPMorgan posts 7% profit drop amid legal woes

New York - US banking giant JPMorgan Chase Tuesday reported a 7.3 percent drop in fourth-quarter earnings as executives said legal and regulatory costs could continue to weigh on results.The largest US bank by asset said earnings were $5.
  1 2 Next»

Set up a news alert for

JPMorgan


JPMorgan Image

Daniel Pinto says the markets are too complacent right now.
Daniel Pinto says the markets are too complacent right now.
JPMorgan/Business Insider

Latest News
Top News