JPMORGAN CHASE

Is Occupy Wall Street Protesting in the Wrong ZIP Code?

Occupy Wall Street protesters meditate while a sign bearing their twitter handle hangs from a railing in Zuccotti Park in New York
Occupy Wall Street has camped out at Zucotti Park in Lower Manhattan for weeks, but it probably isn't reaching as many bankers as it could. Which could have something to do with the fact that finance is no longer the area's biggest tenant.
U.S. Mortgage Rates

Deal Close Between States, Top Banks Over Mortgage Abuses

Under the proposed terms of the settlement -- which could total $25 billion -- banks would get a broader relief from potential state civil lawsuits in exchange for refinancing underwater loans, those mortgages where borrowers owe more than their homes are worth, sources said.
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Janitor dusts atop a logo of Tokyo Stock Exchange at the bourse in Tokyo

Asian Shares Edge Lower on Caution over Global Growth

Asian shares inched down on Friday, tracking New York and European shares lower as weak Chinese trade data raised concerns about the global economy, while the euro eased after another sovereign debt ratings downgrade.
An electronic board displaying movements in major indices is seen at Johannesburg stock exchange in Sandton

Mining firms drag down South African stocks

Resources firms such as Exxaro led South African stocks lower on Thursday as miners took a knock after weak data from China and disappointing earnings from the United States.
People walk past the entrance to the Goldman Sachs building at 200 West Street, New York

Goldman Sachs May Post Third-Quarter Loss: Citi

Goldman Sachs Group Inc. will likely record a loss in the third quarter, only the second quarterly loss in the Wall Street titan's history, hurt by weakness across trading and investment banking, equity market declines and wider credit spreads during the period, Citigroup said.
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Calif. Open to Deal in Mortgage Settlement Talks-WSJ

California Attorney General Kamala Harris remains open to a deal with large U.S. banks in multi-state mortgage negotiations provided it involves a stronger proposal from lenders, the Wall Street Journal reported.
Paul Volcker, former chairman U.S. Federal Reserve takes part in the Spruce Meadows Changing Fortunes Round Table on business in Calgary

Volcker Rule Draft Gives Banks Ability to Hedge

A draft proposal of the Volcker rule that cracks down on banks' proprietary trading gives firms flexibility to hedge risk, and sets stringent limits on such trading beyond U.S. borders to address fears the rule will put U.S. firms at a disadvantage.
Economy signals a sluggish rebound

Canada wants BoC's Carney to be next FSB head

Canada wants its central bank governor, Mark Carney, to become head of the Financial Stability Board, the country's finance minister said on Monday days after a highly publicized clash between Carney and one of the world's most powerful bankers.
Harris attends a news conference to announce the creation of the Mortgage Fraud Strike Force in Los Angeles

California Exits Mortgage Settlement Talks

The state of California pulled out of multi-state mortgage negotiations with large U.S. banks, dealing a sharp blow to long-running efforts to secure a broad settlement over allegations of lending abuses.
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California Quits U.S. Mortgage Settlement Talks

The state of California pulled out of multi-state mortgage negotiations with large U.S. banks, dealing a sharp blow to long-running efforts to secure a broad settlement over allegations of lending abuses.
U.S. Banks: Dividend hikes, M&As on their way

U.S. Banks Woo California in Mortgage Settlement

The largest U.S. banks, eager to get legal protection after widespread evidence emerged of foreclosure shortcuts, are trying to convince California to be part of a multi-state mortgage settlement and not pursue its own aggressive deal.
Traders work on the floor of the New York Stock Exchange

Data lifts Wall Street, Internet shares weigh

The Dow and S&P 500 rose on Thursday on stronger-than-expected economic data and German lawmakers' approval to strengthen the euro zone's crisis fund, while big-cap Internet shares dragged on the Nasdaq.

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