Jpmorgan chase Stories
WaMu gets ex-DOJ official as bankruptcy examiner
Joshua Hochberg, a former top official in a U.S. Department of Justice criminal fraud unit, has been appointed to examine the bankruptcy of Washington Mutual Inc , the largest U.S. banking failure.
Pay czar names 17 firms for ill-advised pay
Seventeen financial firms made ill-advised payments to executives totaling $1.6 billion while taxpayers were bailing them out, U.S. pay czar Kenneth Feinberg said on Friday.
Goldman coughs up counterparties on AIG hedge
Morgan Stanley , Citigroup and JPMorgan Chase were among banks that sold Goldman Sachs protection against the risk of a collapse of giant insurer American International Group , a source familiar with the matter said on Friday.
Morgan Stanley lifted by new business
Has Morgan Stanley finally turned the corner? It's starting to look that way.
Wells, U.S. Bancorp see some recovery
Wells Fargo & Co and US Bancorp, two of the largest banks in the United States, said rising loan demand helped lift their earnings more than analysts had expected.
JPMorgan's Dimon not invited to U.S. bill signing
On Wednesday, JPMorgan Chase & Co Chief Executive Jamie Dimon will be left out in the cold.
U.S. bank results portend investment bank woes
It was a quarter that left investment banking businesses, the once-vaunted profit engines of Wall Street, sputtering.
Bank of America, Citi results show hurdles ahead
Bank of America and Citigroup shares fell as the banks' results highlighted the sluggishness of the U.S. economic recovery and costs of potential regulation, offsetting better-than-expected quarterly profits on lower credit losses.
Bank of America and Citi results show hurdles ahead
Bank of America and Citigroup shares fell as the banks' results highlighted the stagnant U.S. economy and costs of potential regulation, offsetting better-than-expected quarterly profits on lower credit losses.
RealD, Qlik rally IPO market
Shares in RealD Inc , whose 3D technology was used to help make the movie Avatar, opened more than 22 percent above their initial public offering price on Friday and shares of business software maker Qlik Technologies Inc opened 20 percent higher.
Corrected: BofA, Citi results show loan demand lackluster
(Corrects year-earlier Bank of America profit to $3.2 billion in third paragraph from bottom)
BofA, Citi results show loan demand lackluster
(Corrects year-earlier Bank of America profit to $3.2 billion in third paragraph from bottom)
JPMorgan beats Street
JPMorgan Chase & Co posted better-than-expected quarterly earnings on Thursday as it wrote off fewer bad loans in the second quarter, but executives warned they were uncertain about the economic outlook for the rest of the year.
JPMorgan took more risk in Q2 commodities
JPMorgan Chase & Co raised its commodity trading risk in the second quarter, the first time in nine months, but earned less from the sector as prices fell and the bank lost out on a large coal bet.
Wall St drops 1 percent after data stirs deflation worry
U.S. stocks fell on Thursday on anemic economic data that overshadowed solid earnings results from banking bellwether JPMorgan Chase & Co .
JPMorgan beats expectations as loan loss reserve cut
JPMorgan Chase & Co posted better-than-expected quarterly earnings on Thursday as it wrote off fewer bad loans, but its shares dropped as investors fretted about management's sober assessment of the economy.
Stocks down 1 percent as data overshadows JPMorgan
Stocks fell 1 percent on Thursday, with Dow and Nasdaq seven-day winning streaks on the line, as anemic economic data overshadowed better-than-expected quarterly profits from JPMorgan Chase & Co .
Futures point to higher open after JPMorgan, data
U.S. stock index futures pointed to a higher open on Thursday as JPMorgan Chase & Co reported better-than-expected earnings and initial jobless claims fell to their lowest level in nearly two years.
JPMorgan Q2 earnings beat as loan loss reserve cut
JPMorgan Chase & Co posted higher second-quarter earnings on Thursday, beating analysts' expectations, after setting aside less money for loan losses.
JPMorgan results lift futures ahead of data
Stock index futures were higher on Thursday after better-than-expected quarterly profits from JPMorgan Chase & Co allayed concerns about the strength of the financial sector.
JPMorgan earnings rise
JPMorgan Chase & Co posted higher second-quarter earnings on Thursday after setting aside less money for loan losses.
Futures point to lower open for Wall Street
Wall Street is set to open lower on Thursday, with economic growth worries flagged up by the Federal Reserve and by Chinese data, and with investors eyeing results from JP Morgan as the second-quarter earnings season gathers pace.
Lehman's big JPMorgan case set for trial in 2012
No one ever said the Lehman Brothers bankruptcy case would be easy, or quick.
Bank sector funds seek gains after reform
JPMorgan Chase & Co, an underperformer so far this year, is one of several big banks whose shares could be poised for a revival now that U.S. financial regulatory reform is all but completed.
Wall Street gains on strong earnings
Stocks rallied on Tuesday, rising for a sixth consecutive session, after Alcoa Inc reported stronger-than-expected profit and raised its estimate for global aluminum demand.
Markets advance as Alcoa lifts earnings optimism
Stocks climbed on Tuesday, with all indexes briefly above 1 percent after better-than-expected results from Alcoa Inc and CSX Corp gave a promising start to the earnings season and sparked a broad rally.
Lloyds unit to sell A$598 million auto-loan backed debt
A unit of British group Lloyd's plans to sell A$598 million ($524 million) of debt backed by auto-loans, a joint lead manager said on Monday.
J.P.Morgan sues former adviser
J.P. Morgan Chase & Co is suing a former financial adviser who defected to Morgan Stanley Smith Barney and has already transferred $30 million of client assets to his new company, according to documents filed in the New York Supreme Court on Wednesday.
BofA reclaims top spot, ICBC leads profit: study
Bank of America has leap-frogged U.S. rival JPMorgan to rank as the world's top bank in terms of capital strength while Industrial and Commercial Bank of China tops the profit league, according to a new study.
Some progress in final hours for Wall Street bill
Lawmakers on Thursday agreed to boost banks' capital requirements and neared agreement on a derivatives crackdown as they closed in on a historic overhaul of financial regulations.