Jpmorgan chase Stories
Facebook IPO: Nasdaq Chosen To Trade Ticker Symbol 'FB'; Date Still Unknown [REPORT]
Following the tradition of big tech companies like Google and Apple, Facebook has reportedly chosen to list its shares on the Nasdaq under the ticker symbol FB. The report comes from The New York Times, which cites Facebook insiders with knowledge of the matter.
Wall Street Set For Lower Open On Euro Zone Concerns
Wall Street was set for a lower open despite data showing ongoing healing in the labor market, as a rise in Spanish bond yields renewed concerns about the euro zone's financial health.
US Stock Futures Down On Euro Zone Worry; Jobless Claims In Focus
Stock index futures fell on Thursday as a rise in Spanish bond yields renewed concerns about the euro zone's financial health, and as investors awaited report on jobless claims.
US Stock Futures Dip On Euro Zone Worry; Jobless Claims In Focus
Stock index futures fell on Thursday as a rise in Spanish bond yields renewed concerns about the euro zone's financial health, and as investors awaited a closely watched report on jobless claims.
US Stock Index Futures Signal Slightly Higher Open
Stock index futures pointed to a slightly higher open on Wall Street on Thursday with futures for the S&P 500 and Dow Jones up 0.3 percent, while Nasdaq 100 futures were up 0.1 percent at 04.08 a.m. EDT.
CFTC orders JPMorgan to pay $20 million in Lehman case
The Commodity Futures Trading Commission said on Wednesday that JPMorgan Chase & Co will pay $20 million to settle charges that it unlawfully handled customer segregated funds at Lehman Brothers Holdings Inc.
Brazil's BTG Pactual Plans $2.24 Billion IPO
BTG Pactual, the largest independent investment bank in Latin America, said it is planning to raise up to $2.24 billion in a public offering that could signal the revival of Brazil's IPO market.
JPMorgan to pay $20 million to settle Lehman case: CFTC
The Commodity Futures Trading Commission said on Wednesday that JPMorgan Chase & Co will pay $20 million to settle charges that it unlawfully handled customer segregated funds at Lehman Brothers Holdings Inc.
Regulator to penalize JPMorgan over Lehman demise: NYT
A U.S. regulator is set to penalize JPMorgan for actions linked to the demise of investment bank Lehman Brothers at the height of the financial crisis in 2008, the New York Times said, citing people briefed on the matter.
JPMorgan stable value fund exiting private mortgages
JPMorgan Chase & Co is shedding mortgage debt from a stable value fund, under pressure from insurers in a case raising questions about suitable investments for funds normally regarded as a super-safe haven for retirement savings.
Top After Market NYSE Movers (BNNY, FBHS, DDD, GFA, FRO, AWI, ROC, GWRE, FTK, VCRA, ITT)
The top aftermarket NYSE gainers Monday were: Annie's, Fortune Brands Home & Security, 3D Systems, Gafisa SA, Frontline and Armstrong World Industries. The top aftermarket NYSE losers were: Rockwood Holdings, Guidewire Software, Flotek Industries, Vocera Communications and ITT Corp.
MF Global Exec Refuses To Testify Before Congress
A finance executive at MF Global Holdings Ltd invoked her right against self-incrimination as lawmakers heard from officials who played critical roles in the final days of the futures brokerage, when a huge and still unexplained shortfall in customer money surfaced.
Bank of America CEO made $8.1 million in 2011
Bank of America Corp Chief Executive Officer Brian Moynihan made $8.1 million in total compensation last year, more than four times the $1.9 million he received in 2010, according to a filing with the U.S. Securities and Exchange Commission on Wednesday.
JPMorgan: Corzine assured it on MF Global transfers
Former MF Global Holdings Ltd Chief Executive Jon Corzine assured JPMorgan Chase & Co shortly before his brokerage firm collapsed that it had ample funds to cover overdrafts, a lawyer for the bank is expected to testify.
Bank of America plans international advisory board: sources
Bank of America Corp is looking to create an international advisory board that could help steer chief executive officer Brian Moynihan's overseas strategy, according to sources familiar with the matter.
Chase Online Banking Website Down Again, Outage Reflected in Harsh Twitter Complaints
Chase's consumer online baking website was down again on Monday morning, prompting many Twitter users to express harsh criticism for the bank owned by J.P. Morgan Chase.
Post-Market NASDAQ Movers (CSOD, TASR, MAPP, AFFY, CAR, STLD, PACB, TRGT, ACOM, THRX, VOCS, CVGI)
The top after-market NASDAQ gainers Friday were: Cornerstone OnDemand, TASER International, MAP Pharmaceuticals, Affymax, Avis Budget Group and Steel Dynamics. The top after-market NASDAQ losers were: Pacific Biosciences of California, Targacept, Ancestry.com, Theravance, Vocus and Commercial Vehicle Group.
MF Global's Corzine faces new scrutiny on customer accounts
Congressional investigators released details of emails from just before MF Global's bankruptcy that renew questions about whether anyone at the failed brokerage authorized the use of customer funds to cover an overdraft in London.
Ex-MF Global official: Corzine approved money transfer: memo
Former MF Global official Edith O'Brien said in an October 2011 email that CEO Jon Corzine gave direct instructions to transfer $200 million from a customer account to cover an overdraft in a JPMorgan account in London, according to a congressional memo released on Friday.
World Bank President? Third World Candidates Emerge
President Barack Obama must nominate a new President of the World Bank soon, ahead of its June annual meeting in Washington. Two Third World candidates have been mentioned but another American is the likely winner.
JPMorgan to buy stake in Chinese trust firm: reports
U.S. bank JPMorgan has agreed to buy a 19.9 percent stake in Chinese trust company Bridge Trust Co, according to media reports.
Vatican Bank Faces Fresh Money-Laundering Scandal As JP Morgan Closes Account
The bank, formally known as the Institute for Works of Religion (IOR), reportedly failed to provide a Milan affiliate of JP Morgan with details about payments into the account, in which €1.8 billion was deposited in the last 18 months.
RBS to close down some Asian businesses: memo
Royal Bank of Scotland is closing its equity capital market and corporate finance units in South Korea and cash equities businesses in Indonesia, Singapore and Korea, according to an internal memo seen by Reuters on Tuesday.
WaMu Exits Bankruptcy, On Heels Of Lehman
Washington Mutual Inc , one of the biggest corporate casualties of the 2008 financial crisis, on Monday emerged from bankruptcy protection, just two weeks after Lehman Brothers Holdings Inc also emerged from Chapter 11.
Moody’s Could Downgrade Global Investment Banks: Nomura
U.S. and European investment banks may face headline risk again from credit ratings downgrades by Moody's Investors Service Inc. in the coming weeks, Nomura Securities warned Monday.
S&P 500 Crosses 1,400 for First Time Since 2008, Dow Touches 4-Year High
The positive reports on the U.S. economy are seen as the major cause of the stocks rallying.
Boeing Says it Hasn’t Agreed to Pay India $500-Million Compensation
An executive from Boeing Co has denied claims by the Indian government that the company has agreed to pay $500 million for aircraft delivery delays.
Citigroup failure in Fed test raises questions
Citigroup Inc on Wednesday stood by its pledge to reward shareholders, as Wall Street sought to understand why the bank failed to win approval from regulators to increase its dividend or buy back stock.
Bank of America's stock soars after passing stress test
Bank of America Corp shares on Wednesday hit their highest level in seven months after a Federal Reserve stress test affirmed one of the more troubled U.S. banks had made progress in improving its capital levels.
Citigroup: Shares Fall After No. 3 Bank Flunks 'Stress Test'
Shares of Citigroup (NYSE: C) fell more than 4 percent Wednesday after the Federal Reserve said the No. 3 U.S. bank flunked a “stress test” of its financial viability.