International Business News - Chase http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Capital One Financial Corp. has struck a deal to buy Maryland regional bank Chevy Chase Bank for $520 million in cash and stock, The Wall Street Journal reported Wednesday. http://www.ibtimes.com/articles/20081203/report-capital-one-to-buy-chevy-chase-bank.htm Wed, 03 Dec 2008 23:27:40 EST Total System Services Inc. said Tuesday that it has come to an agreement with JPMorgan Chase & Co. to end its services to Washington Mutual Bank's consumer card portfolio. http://www.ibtimes.com/articles/20081202/total-system-services-to-end-wamu-services.htm Tue, 02 Dec 2008 18:15:27 EST JPMorgan Chase & Co. shares tumbled Monday afternoon amid a decline in the broader market and analysts continued to worry about profitability at the bank amid the slowing economy and ongoing credit crisis. http://www.ibtimes.com/articles/20081201/jpmorgan-shares-fall-with-broader-market.htm Mon, 01 Dec 2008 14:28:50 EST A pair of analysts have cut their profit estimates on JPMorgan Chase & Co., citing expectations for higher loan losses and increased reserve build in the coming quarters. http://www.ibtimes.com/articles/20081126/pair-of-analysts-trim-jpmorgan-profit-estimates.htm Wed, 26 Nov 2008 12:18:37 EST Figures. The freshman House member who got the first choice of available office space is Gary Peters, former commissioner of the Michigan State Lottery. http://www.ibtimes.com/data/articleimgs/180149-house-office-lottery.jpg http://www.ibtimes.com/articles/20081121/freshman-to-be-run-biennial-office-space-derby.htm http://www.ibtimes.com/articles/20081121/freshman-to-be-run-biennial-office-space-derby.htm Fri, 21 Nov 2008 21:40:35 EST Among the stock activity stories for Friday, Nov. 21, from AP Financial News: NEW YORK (AP)--JPMorgan Chase & Co. shares tumbled to a six-year low Friday, as investors fled big bank stocks amid fresh concerns about the stability of the financial sector. http://www.ibtimes.com/articles/20081121/movers-roundup-jpmorgan-chase-foot-locker.htm Fri, 21 Nov 2008 14:36:45 EST Chase Card Services, a unit of JPMorgan Chase & Co., said Monday it had appointed Andrew Pilkington chief executive of its Canadian credit card business. http://www.ibtimes.com/articles/20081117/chase-card-services-appoints-ceo-of-canada-line.htm Mon, 17 Nov 2008 11:20:36 EST Shares of JPMorgan Chase & Co. fell slightly in premarket trading Monday, a day after Britain's Sunday Telegraph reported the New York-based bank was poised to cut thousands of jobs amid the ongoing credit crisis. http://www.ibtimes.com/articles/20081117/ahead-of-the-bell-jpmorgan-chase.htm Mon, 17 Nov 2008 08:23:19 EST JPMorgan Chase & Co. will likely cut thousands of jobs worldwide next year, Britain's Sunday Telegraph newspaper reported. The report, which cited people close to JPMorgan, said the bank has begun consulting on job cuts, and the cutbacks will likely be on a comparable scale to those of JPMorgan's rivals. Citigroup and Goldman Sachs have cut about 10 percent of their work forces, a proportion that if applied to JPMorgan would mean more than 3,000 jobs cut, the Telegraph reported. http://www.ibtimes.com/articles/20081116/report-jpmorgan-plans-to-ramp-up-job-cuts.htm Sun, 16 Nov 2008 17:42:10 EST Among the premarket stories for Thursday, Nov. 13, from AP Financial News: NEW YORK (AP)--An analyst on Thursday cut his earnings estimates and raised his risk rating on JPMorgan Chase & Co. amid expectations for increased loss reserves and further write-downs amid the ongoing mortgage and credit market turmoil. http://www.ibtimes.com/articles/20081113/premarket-roundup-jpmorgan-chase-charlotte-russe.htm Thu, 13 Nov 2008 09:40:59 EST An analyst on Thursday cut his earnings estimates and raised his risk rating on JPMorgan Chase & Co. amid expectations for increased loss reserves and further write-downs amid the ongoing mortgage and credit market turmoil. http://www.ibtimes.com/articles/20081113/ahead-of-the-bell-jpmorgan-chase.htm Thu, 13 Nov 2008 08:55:09 EST Office Depot Inc. said Monday that it would offer holders of the Chase Worklife Rewards Visa Credit Card no interest payments until January 2010 on purchases of more than $499 made before Christmas that are charged to the card. http://www.ibtimes.com/articles/20081103/office-depot-chase-offer-deal-for-holidays.htm Mon, 03 Nov 2008 11:47:49 EST JPMorgan Chase & Co. on Friday became the latest major bank to beef up its mortgage modification efforts as the government also considers a plan to help homeowners avoid foreclosure. http://www.ibtimes.com/articles/20081031/jpmorgan-expanding-mortgage-modification-program.htm Fri, 31 Oct 2008 17:57:51 EDT A South Florida motorist is under arrest after a high-speed highway chase broadcast live by television cameras. Miami Beach police say they believe a man and a woman in the white van were connected to two robberies there, and several others in the county. http://www.ibtimes.com/articles/20081029/suspect-leads-fla-police-on-highway-chase.htm Wed, 29 Oct 2008 13:37:20 EDT A Utah sheriff's office has found that it shouldn't underestimate the golf cart as a getaway car. A suspect in a souped-up cart managed to elude officers who pursued him last month through an alfalfa field--but only for a while. He was arrested the next day at his grandmother's house. http://www.ibtimes.com/articles/20081020/suspect-in-golf-cart-eludes-utah-sheriff-cruisers.htm Mon, 20 Oct 2008 15:13:42 EDT JPMorgan Chase & Co.'s profit tumbled 84 percent in the third quarter after it took big hits from souring mortgage investments, leveraged loans and home loans. http://www.ibtimes.com/data/articleimgs/152725-jpmorgan.jpg http://www.ibtimes.com/articles/20081015/jpmorgan-profit-sinks-loan-losses-pile.htm http://www.ibtimes.com/articles/20081015/jpmorgan-profit-sinks-loan-losses-pile.htm Wed, 15 Oct 2008 15:41:18 EDT JPMorgan Chase & Co. is scheduled to report third-quarter results Wednesday. The following is a summary of key developments and analysts' opinion related to the period. http://www.ibtimes.com/articles/20081014/earnings-preview-jpmorgan-chase.htm Tue, 14 Oct 2008 15:35:34 EDT The top executive of JPMorgan Chase & Co. on Tuesday railed against the nation's political leadership--but didn't name names--saying government too often proposes solutions that appeal only to "the madness of the crowd" while letting complex issues such as energy policy go unresolved. http://www.ibtimes.com/articles/20081014/jpmorgan-chase-ceo-political-leadership-lacking.htm Tue, 14 Oct 2008 12:43:01 EDT JPMorgan Chase & Co. said Friday it sold 246.9 million shares at $40.50 each for total proceeds of $10 billion as the bank moved to purchase failed thrift Washington Mutual Inc. http://www.ibtimes.com/articles/20080926/jpmorgan-chase-prices-10b-offering-at-discount.htm Fri, 26 Sep 2008 10:51:19 EDT JPMorgan Chase & Co.'s exposure to the preferred stock of Fannie Mae and Freddie Mac appears "manageable," even in the wake of the government's bailout of the troubled mortgage-finance giants, an analyst said Monday. http://www.ibtimes.com/articles/20080908/analyst-jpmorgans-gse-exposure-manageable.htm Mon, 08 Sep 2008 15:13:00 EDT