Jpmorgan chase Stories
Why the Fed’s Operation Twist Will Hurt Banks
After the Federal Reserve announced its Operation Twist, bank stocks plunged.
U.S. Dollar Trumps Euro, Other Currencies: JPM Strategist
The U.S. dollar trumps virtually all other currencies in the current environment of fear because of its safe-haven status, Jan Loeys, chief market strategist at JPMorgan Chase, told Bloomberg TV.
Exclusive: United Tech, Goodrich near deal: sources
United Technologies Corp is negotiating final terms of an all-cash acquisition of aircraft components maker Goodrich Corp with the goal of reaching a deal in the next few days, people familiar with the matter said on Tuesday.
United Tech, Goodrich talk final deal terms: sources
The chances of an interloper appear slim in the ongoing deal discussions between United Technologies Corp and Goodrich Corp , according to people familiar with the matter, removing one potential hurdle for United Tech in acquiring the aerospace company.
Schneider Delays $1.4 Billion Auction of Unit: Sources
French engineering company Schneider Electric SA (SCHN.PA) has delayed the roughly $1.4 billion auction of its sensors business because of turbulence in financing markets, people familiar with the matter said.
Wells sues JPMorgan over 800 mortgage loans
JPMorgan Chase & Co was sued by Wells Fargo & Co , which seeks to force it to buy back more than 800 soured mortgage loans that it oversees as trustee.
Wall St gains for 4th day on European moves
Stocks rose for a fourth straight session on Thursday after major central banks moved to boost European bank funding and regional leaders offered strong support for Greece, easing default fears.
Weak Capital Markets Being Felt by JPMorgan Chase
JPMorgan Chase & Co. expects capital markets activity, both debt and equity, to decline by 30 percent and investment banking fees to decline to $1 billion in third quarter of 2011 from $1.9 billion last quarter.
JPMorgan Q3 trading revenue down 30 percent
JPMorgan Chase & Co's trading revenue is running 30 percent lower this quarter than the previous period, while investment banking fees are likely to fall by about 50 percent, a senior executive said on Tuesday.
J.P. Morgan's Dimon Blasts Basel as 'Anti-American'
Concerned over cover bonds and government-backed securities, JP Morgan Chief Executive Officer Jamie Dimon thinks that the Basel III banking regulations are anti-American.
FT: JPMorgan CEO Says Bank Rules 'Anti-American'
The United States should consider pulling out of the Basel group of global regulators, Jamie Dimon, chief executive of JPMorgan Chase, said in an interview with the Financial Times.
JPMorgan CEO says bank rules anti-American: FT
The United States should consider pulling out of the Basel group of global regulators, Jamie Dimon, chief executive of JPMorgan Chase, said in an interview with the Financial Times.
Asian Shares Flat, Awaiting ECB and U.S. Moves
A rebound in Asian stocks ran out of steam Thursday as worries over the widening euro zone crisis and the faltering U.S. economy undermined investor confidence.
U.S. Appeals Court Rejects Mortgage Database Suit
A lawsuit accusing several mortgage lenders of fraud over home loans maintained within the industry's private electronic database cannot proceed, according to a U.S. appeals court ruling.
GE to vigorously contest mortgage lawsuit
General Electric Co said it would vigorously contest a lawsuit by the Federal Housing Finance Agency, which said the conglomerate's former WMC unit made inaccurate statements about the sale of two residential mortgage-backed securities.
Bank stocks slide on mortgage lawsuit and worries
JPMorgan Chase & Co, the second largest U.S. bank by assets, led a broader decline in bank share prices, as investors feared lenders face a growing list of lawsuits due to problem mortgages.
Settlement Offer Reported over Banks' Mortgage Policies
State prosecutors accusing major U.S. banks of improper mortgage practices have offered them a deal that may limit their legal liabilities in return for a multibillion-dollar payment, the Financial Times reported Tuesday.
U.S. Banks Offered Deal over Lawsuits: Report
Big U.S. banks in talks with state prosecutors to settle claims of improper mortgage practices have been offered a deal that may limit their legal liabilities in return for a multibillion-dollar payment, the Financial Times reported on Tuesday.
Wall Street set for sharply lower open after jobs data
Wall Street was set to fall more than 1 percent at the open on Friday after data showed U.S. employment growth ground to a halt in August, adding to worries about the health of the economy.
Futures fall ahead of jobs data; banks eyed
Stock index futures fell on Friday ahead of labor market data expected to underscore fears the economy is headed for another recession and as concerns about the euro zone debt crisis resurfaced.
Major U.S. Banks Face Federal Lawsuit Over Mortgages
Some of the nation's largest banks are under threat of a mortgage lawsuit from the federal agency that oversees the mortgage giants Fannie Mae and Freddie Mac.
Fear of Poor U.S. Job Numbers Spooks European Markets
European shares fell sharply on Friday, snapping a four-session rally, as traders feared U.S. non-farm payrolls numbers could signal a return to recession.
U.S. Will Sue Major Banks over Mortgage Fraud: Report
Analysis: Big-name stocks cheaper than during 2008-09 crisis
One out of every 10 companies in the S&P 500 index -- including stalwarts like Apple and JPMorgan Chase -- is now cheaper than during the 2008-2009 market meltdown.
Wall Street Gains as Fed minutes Boost Stimulus Bets
Stocks rose for a third straight day on Tuesday in a volatile session, after minutes from the latest Federal Reserve meeting boosted expectations the U.S. central bank will act again to stimulate the economy.
Bank of America Kept AIG Legal Threat Under Wraps
Top Bank of America Corp lawyers knew as early as January that American International Group Inc was prepared to sue the bank for more than $10 billion, seven months before the lawsuit was filed, according to sources familiar with the matter.
Futures Off After Rally
Stock index futures fell on Tuesday after equities rose nearly 8 percent in the past five sessions as investors cautiously awaited a batch of data for a better assessment on the state of the economy.
Irene Update: Chase Banks Drop Overdraft, Credit Card Late Fees in N.Y., N.J., Conn.
In the aftermath of Hurricane Irene, Chase bank has found a heart for potential suffering customers in New York, New Jersey and Connecticut: Staff will be increased, banking hours will be extended, and that banking overdraft fees and credit card late fees will be waived.
Bank of America Shares Skyrocket Behind Buffett Deal
Bank of America's shares skyrocketed 25 percent on Thursday after announcing Warren Buffett's $5 billion investment in the company.
Analysis: Mortgage probe split puts banks in tactical bind
Large U.S. banks defending themselves against a mass of state and federal mortgage probes face a difficult tactical decision following New York state's exit from settlement talks on Tuesday.


