Jpmorgan chase Stories
Ex-Bear Stearns manager did not lie: lawyer
Former Bear Stearns hedge fund manager Matthew Tannin, on trial for fraud and charges he lied to investors early in the financial crisis, could not have foreseen problems in the subprime mortgage market in 2007, his lawyer said in opening his defense on Thursday.
Goldman profit quadruples on trading gains
Goldman Sachs Group Inc quarterly earnings nearly quadrupled, topping expectations, but its shares fell on disappointment that so much of the profit came from trading gains that might not be sustainable.
Citi still playing catch-up as credit losses bite
Citigroup Inc posted a quarterly per-share loss as it suffered $8 billion of credit losses, raising questions about when the bank can return to sustained profitability.
Citigroup takes $8 billion in credit losses
Citigroup Inc posted a quarterly per-share loss as it suffered $8 billion of credit losses, raising questions about when the bank can return to sustained profitability.
Citigroup posts loss, takes $8 bln in credit losses
Citigroup Inc posted a quarterly per-share loss as it suffered $8 billion of credit losses, raising questions about when the bank can return to sustained profitability.
Wall Street falls after Citigroup, Goldman results
Wall Street fell on Thursday after quarterly results from Goldman Sachs Group and Citigroup Inc failed to live up to expectations of some investors a day after major indexes rallied to yearly highs.
Citigroup hit by $8 billion in credit losses
Citigroup Inc posted a quarterly per-share loss as it suffered $8 billion of credit losses, raising questions about when the bank can return to sustained profitability.
Credit losses hit Citigroup earnings
Citigroup Inc posted a quarterly per-share loss as it suffered $8 billion of credit losses, raising questions about when the bank can return to sustained profitability.
Wall Street set to fall after Citigroup, Goldman results
Wall Street was set for a lower open on Thursday after quarterly results from Goldman Sachs Group and Citigroup Inc failed to live up to expectations some investors had for financial sector shares.
Citigroup posts quarterly shareholder loss
Citigroup Inc posted a quarterly loss to shareholders as it suffered $8 billion of credit losses, raising further questions about the future of the bank that is one-third owned by the U.S. government.
UPDATE 1-Citigroup posts quarterly shareholder loss
Citigroup Inc (C.N) posted a quarterly loss to shareholders as it suffered $8 billion of credit losses, raising further questions about the future of the bank that is one-third owned by the U.S. government.
Trial lawyer defends Bear manager; U.S. cites lies
A lawyer for former Bear Stearns hedge fund manager Ralph Cioffi on Wednesday vigorously defended him against prosecution allegations he repeatedly lied to investors early in the financial crisis, describing as ridiculous one charge of insider trading.
CORRECTED: Trial lawyer defends Bear manager; U.S. cites lies
(Corrects by adding dropped words him against in paragraph one)
Dow passes 10,000 mark on earnings optimism
The Dow industrials pierced the 10,000 level on Wednesday for the first time in a year on surprisingly robust company results and better-than-expected retail sales.
Ex-Bear fund managers lied to investors: prosecutor
Two former Bear Stearns Cos managers whose hedge funds collapsed early in the financial crisis lied to investors to save their bonuses and reputation, a U.S. prosecutor said in an opening statement at their trial Wednesday on fraud charges.
JPMorgan's $3.6 billion profit sets fast pace for rivals
JPMorgan Chase & Co's robust $3.6 billion quarterly profit could prove a tough act for rivals to follow as its investment bank capitalized on the disappearance of some rivals and the weakness of others.
Dow breaks 10,000 mark on earnings optimism
The Dow industrials pierced the 10,000 level on Wednesday for the first time in a year on surprisingly robust company results and better-than-expected retail sales.
Ex-Bear fund managers lied to investors: U.S.
Two former Bear Stearns Cos managers whose hedge funds collapsed early in the financial crisis lied to investors to save their bonuses and reputations, a U.S. prosecutor said on Wednesday.
Dow hits 10,000 mark on earnings optimism
The Dow industrials broke through the 10,000 level on Wednesday for the first time in a year on better-than-expected company results and U.S. retail sales data.
US regulator: 17 pct of national banks on watch list
The regulator for the largest U.S. banks said on Wednesday that 17 percent of national banks are now considered problem banks.
JPMorgan slowly taking more risk in commodities
JPMorgan Chase & Co has gradually increased the risk it takes trading commodities and the second-largest U.S. bank is approaching levels last seen before the financial crisis rocked global markets.
Dow nears 10,000 on earnings optimism
The Dow Jones industrials climbed to within striking distance of 10,000 on Wednesday for the first time in a year on better-than-expected company results and U.S. retail sales data.
Investment banking powers JPMorgan profit
JPMorgan Chase & Co quarterly profit rocketed to a much-higher-than-expected $3.6 billion as bond trading revenue surged, boosting optimism about a rebound in top Wall Street banks.
Dow nears 10,000 on strong profits
The Dow Jones industrials neared the 10,000 milestone on Wednesday for the first time in a year as robust results from JPMorgan Chase & Co and Intel Corp boosted the outlook for earnings.
Dow nears 10,000 on JPMorgan, Intel results
Stocks jumped on Wednesday after JPMorgan Chase & Co posted a surge in profit, following stronger numbers from Intel Corp a day earlier in an auspicious start to third-quarter earnings season.
JPMorgan shares jump on profit surge
JPMorgan Chase & Co quarterly profit rocketed to forecast-beating $3.6 billion as bond trading revenue surged, boosting optimism about a strengthening rebound in top Wall Street banks.
Wall Street jumps on JPMorgan, Intel results
Stocks jumped on Wednesday after JPMorgan Chase & Co posted a surge in profit, following stronger numbers from Intel Corp a day earlier in an auspicious start to third-quarter earnings season.
Daily Outlook - Oct 14
Smaller Letdown; Retailers drop; Big bank profit
Wall Street set to jump on JPMorgan, Intel results
Stock futures pointed to a rise of more than 1 percent at the open on Wednesday after JPMorgan Chase & Co posted a surge in profit following stronger numbers from Intel Corp a day earlier.
US STOCKS-Futures up sharply after JPMorgan, Intel results
U.S. stock index futures pointed to a rise of more than 1 percent at the open on Wednesday after JPMorgan Chase & Co (JPM.N) posted a surge in profit following stronger numbers from Intel Corp (INTC.O) a day earlier.