Jpmorgan chase Stories
JPMorgan shuffles CFO
JPMorgan Chase & Co reshuffled three top executives, including its chief financial officer, as part of an effort to ensure a deep bench of executives who could eventually succeed CEO Jamie Dimon.
JPMorgan shuffles CFO, other executives
JPMorgan Chase & Co said on Tuesday that it had replaced Chief Financial Officer Michael Cavanagh with Doug Braunstein, the company's head of investment banking for the Americas.
Supreme Court to hear JPMorgan appeal in card case
The Supreme Court said on Monday it would hear JPMorgan Chase & Co's appeal over a lawsuit accusing the bank of violating federal law by failing to notify credit card holders before raising interest rates due to late payments or defaults.
BofA NY headquarters loan in unique CMBS, muni deal
A debt package tied to a New York office tower will be the first of its kind to tap property securitization and public finance markets together, sources close to the deal said on Monday.
Court to hear Chase's appeal in credit card case
The Supreme Court said on Monday it would hear JPMorgan Chase & Co's appeal over a lawsuit that says the bank violated federal law by failing to notify credit card holders before raising interest rates due to late payments or defaults.
Stock futures signal gains on China yuan move
U.S. stock index futures pointed to a higher open on Wall Street on Monday, rising alongside global stocks after China's vow to allow a flexible yuan exchange rate boosted investors' appetite for risky assets.
JPMorgan eyes Brazilian hedge fund: report
JPMorgan Chase is in talks to buy a large Brazilian asset management company, the Financial Times reported in its Monday edition.
Credit card delinquencies fall to 5-month lows
Fewer Americans fell behind on their credit card bills in May, signaling that consumers are closer to getting their debt levels under control even if the economy remains sluggish.
Credit card defaults fall again in May
Credit card delinquencies fell again at major lenders in May as more consumers managed to pay their bills despite a sluggish economic recovery.
Morgan Stanley, JPMorgan set to lead GM IPO: source
Morgan Stanley and JPMorgan Chase & Co are likely to be the lead underwriters in General Motors' initial public offering, a source said on Friday, a role more attractive for its prestige than its fees.
Morgan Stanley, JPM may get GM IPO lead role: report
Morgan Stanley and JPMorgan Chase & Co are likely to be the lead underwriters in General Motors' initial public offering, The Wall Street Journal reported on Friday, a role more attractive for its prestige than its fees.
Morgan Stanley, JPM lead candidates for GM IPO: report
Morgan Stanley and JPMorgan are the top candidates for the lead underwriting roles in the General Motors initial public offering, The Wall Street Journal reported, citing people familiar with the matter.
JPMorgan hit by big coal trading losses: traders
JPMorgan Chase & Co has made heavy losses from bad coal-price bets, traders dealing with the U.S. investment bank said, at a time when proprietary trading at deposit-taking banks faces increased regulatory scrutiny.
WaMu has setback on road out of Chapter 11
Washington Mutual Inc's effort to exit bankruptcy encountered a setback on Thursday when the judge in the case ordered the company to talk further with shareholders about their requests for documents.
UK fines JPMorgan record $49 million
U.S. investment bank JP Morgan Securities Ltd has been fined a record 33.32 million pounds ($49.12 million) in Britain for failing to protect billions of dollars of client money over almost seven years.
JPMorgan and BofA lead candidates for GM IPO: report
Bank of America Merrill Lynch and JPMorgan are the lead candidates for senior manager underwriting roles on the General Motors initial public offering, according to Fox Business Network's Charlie Gasparino.
Stock futures rebound after sell-off
Stock index futures rose on Wednesday, recovering from a sell-off in the previous session as investors awaited monthly data on pending home and auto sales.
U.S. may choose lead bank on GM IPO next week: report
The U.S. Treasury and General Motors Co may select a lead underwriter for an initial public offering for the automaker as early as next week, Bloomberg News reported on Saturday.
Lehman sues JPMorgan for billions in damages
Lehman Brothers Holdings Inc on Wednesday sued JPMorgan Chase & Co , accusing the second-largest U.S. bank of illegally siphoning billions of dollars of desperately-needed assets in the days leading up to its record bankruptcy.
Case's firm takes stake in Web wine seller Vinfolio
Revolution LLC, an investment company created by AOL co-founder Steve Case, is taking a stake in Internet wine seller Vinfolio in a bid to transform the privately held firm into the eBay of fine wines.
WaMu shareholders want to investigate JPMorgan
Shareholders of bankrupt Washington Mutual Inc asked a federal judge for permission to investigate JPMorgan Chase & Co for its role in the failure of Washington Mutual Bank, according to court documents filed on Tuesday.
No need to force banks out of swaps business: Frank
A U.S. lawmaker charged with a key role in hammering out a final financial regulation bill said on Tuesday there is no need to force banks out of the lucrative over-the-counter derivatives business -- a potentially big win for Wall Street firms.
JPMorgan's Dimon broadly optimistic on reform
JPMorgan Chase & Co Chief Executive Jamie Dimon is broadly optimistic financial reform is headed in the right direction, he said on Monday at the Japan Society's Annual Dinner in New York.
JPMorgan investors scold CEO, keep him as chairman
JPMorgan Chase & Co shareholders rejected a proposal to strip Chief Executive Jamie Dimon of his chairman title, but they gave him a hard time at the bank's annual meeting on Tuesday.
Calpers votes for splitting chairman, CEO roles at JPMorgan
Calpers, the largest U.S. public pension fund, has voted for a shareholder proposal to separate the roles of chairman and chief executive at JPMorgan Chase & Co , roles currently held by veteran banker Jamie Dimon.
U.S. credit card delinquencies down again in April
U.S. credit card delinquencies fell for the fourth straight month in April, the latest indicator that Americans are recovering from the worst economic downturn since the Great Depression.
WaMu amends bankruptcy plan
Washington Mutual Inc proposed an amended plan of reorganization on Monday that would return $7 billion to creditors, but it was unclear if the Federal Deposit Insurance Corp would support the plan.
WaMu and FDIC agree on amended reorganization plan
Washington Mutual Inc reached agreement with the Federal Deposit Insurance Corp on an amended plan of reorganization, bringing the company closer to exiting bankruptcy, according to court documents filed Monday.
JPMorgan's Dimon urges next generation to improve U.S.
JPMorgan Chase & Co Chief Executive Jamie Dimon told Syracuse University graduates on Sunday he was confident the United States would see a recovery in the short term, but the country's condition over the longer term was in the hands of the next generation.
Goldman joins effort to rescue Chicago bank
Goldman Sachs Group Inc and a consortium of other top banks are part of an effort to save ShoreBank Corp, a Chicago bank with Washington ties, a community activist close to the institution said on Friday.