JPMorgan Chase

JPMorgan Chase & Co. is one of the oldest financial services firms in the world. It has operations in 60 countries. It is a leader in financial services with assets of $2 trillion, and the largest market capitalization and third largest deposit base U.S. banking institution behind Wells Fargo and Bank of America. The hedge fund unit of JPMorgan Chase is the second largest hedge fund in the United States with $32,893 million in assets as of 2009. Formed in 2000, when Chase Manhattan Corporation merged with J.P. Morgan & Co., the firm serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and governmental clients. Read More

Headlines Around the Web

Troubleshooter primed to succeed Dimon

May 22 - Financial Times

JPMorgan halts stock buybacks

May 21 - Financial Post

Banking: Back to the wall

May 18 - Financial Times

Troubleshooter primed to succeed Dimon

May 22 - Financial Times

JPMorgan halts stock buybacks

May 21 - Financial Post

Banking: Back to the wall

May 18 - Financial Times

Shareholders sue JPMorgan over losses

May 16 - Financial Post

Articles About JPMorgan Chase

Court OKs JPMorgan fee pact; Capital One talks fail

By Reuters UK

JPMorgan Chase & Co <JPM.N> won preliminary court approval of its agreement to pay $110 million (70.2 million pounds) to settle nationwide litigation accusing it of charging excessive overdraft fees. (May 25)

MORE TOPICS: BANK OF AMERICA, ROYAL BANK OF SCOTLAND, COURT, FLORIDA, SETTLEMENT

JPMorgan's Dimon to testify before Congress in June

By Reuters UK

JPMorgan Chase <JPM.N> Chief Executive Jamie Dimon has been invited to testify before the Senate Banking Committee on June 7 to give lawmakers insight into the bank's trading loss of at least $2 billion (1.27 billion pounds), Senator Tim Johnson said on Friday. (May 25)

MORE TOPICS: FEDERAL RESERVE, SEC, MANAGEMENT, FBI, INVESTMENT, LONDON

Euro
French, Germany Consumer Confidence Holding Up -- A Dangerous Sign of Euro Zone Crisis Fatigue?

By IBTimes

French and German consumer confidence showed unexpected strength, reports showed Friday. While the market is cheering about the "good news," some economists view this as a warning sign of a euro zone crisis fatigue - something that is as dangerous, if not more so than the crisis itself. (May 25)

MORE TOPICS: FEDERAL RESERVE, FREDDIE MAC, FANNIE MAE, BANK OF AMERICA, LEHMAN BROTHERS, MERRILL LYNCH

Facebook
Facebook Shares Drop Again On New Probes Despite Morgan Stanley Investor Pledges

By IBTimes

Shares of Facebook (Nasdaq: FB), the No. 1 social network, fell 3.4 percent again Friday, a week after their disastrous debut in their initial public offering. (May 25)

MORE TOPICS: SEC, GOLDMAN SACHS, MORGAN STANLEY, NYSE, MARK ZUCKERBERG, FACEBOOK, BARACK OBAMA, GENERAL MOTORS, BANK OF AMERICA, BARCLAYS

US Housing Sector
Are Record-Low Mortgage Rates Hurting The US Housing Market?

By IBTimes

U.S. mortgages rates have dropped to record lows for four consecutive weeks, but that doesn't mean more homes will be sold. In fact, at least one housing expert argues that extremely low rates are causing banks to be even more stringent with und... (May 25)

MORE TOPICS: FEDERAL RESERVE, BEN BERNANKE, WELLS FARGO, FREDDIE MAC

Top women on Wall Street: Equal-opportunity axing?

By Reuters

The financial crisis and its aftermath have been brutal for Wall Street's richest and most powerful women. The latest casualty: Ina Drew, the head of JPMorgan Chase's chief investment office, who departed last week after the bank suffered mammoth trading losses. (May 24)

MORE TOPICS: CITIGROUP, BANK OF AMERICA, LEHMAN BROTHERS, U.S. BANCORP, WELLS FARGO, MANAGEMENT

Facebook
Facebook's Shares Recover, But IPO Wounds Fester

By IBTimes

Shares of Facebook (Nasdaq: FB), the No. 1 social network, rose $1.03 to close at $33.03 on Thursday. A week ago, they were priced at $38 for the IPO. (May 24)

MORE TOPICS: SEC, GOLDMAN SACHS, MORGAN STANLEY, NYSE, MARK ZUCKERBERG, FACEBOOK, BARACK OBAMA, GENERAL MOTORS, BANK OF AMERICA, BARCLAYS

How Much Did Facebook’s Bankers Rake In For The Mega-IPO?

By IBTimes

Facebook (Nasdaq: FB), the No. 1 social network, didn’t just set records for enriching inside investors like CEO Mark Zuckerberg, COO Sheryl Sandberg, Accel Partners and Digital Sky Technologies. Underwriters fared very well. (May 24)

MORE TOPICS: BANK OF AMERICA, BARCLAYS, GOLDMAN SACHS, MORGAN STANLEY, NYSE, MARK ZUCKERBERG

How’s Facebook Faring On Thursday?

By IBTimes

Shares of Facebook (Nasdaq: FB), the No. 1 social network, are up six cents to $32.06 in late morning trading on Thursday. (May 24)

MORE TOPICS: GOLDMAN SACHS, MORGAN STANLEY, NYSE, MARK ZUCKERBERG, FACEBOOK

Asia shares ease as weak China PMI, Greece risks weigh

By Reuters UK

Asian shares eased on Thursday as markets were vulnerable to faltering factory orders in China and lack of concrete measures shown by European leaders to tackle the risk of Greece leaving the currency bloc. (May 24)

MORE TOPICS: CHINA, GOLD, BARCLAYS, HSBC, GERMANY, MANUFACTURING

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