| Jan 14, 2014
| 6:06 AM
NEW YORK -- JPMorgan Chase & Co.'s profit slipped 7% in the fourth quarter as the bank's legal costs mounted and investment banking slumped.
The nation's largest bank said Tuesday it earned $5.3 billion, or $1.30 a share, down from $5.7 billion, or $1....
| Nov 19, 2013
| 2:05 PM
JPMorgan Chase & Co. said the $13 billion settlement it reached with the Justice Department, state attorneys general and other agencies erased most of its potential liability in the sale of faulty mortgage investments that fueled the 2008 financial...
| Feb 10, 2014
| 11:28 AM
WASHINGTON -- A public interest group on Monday sued the Justice Department over last year’s record $13-billion settlement with JPMorgan Chase & Co., arguing the deal to resolve investigations into faulty mortgage investments was unconstitutional...
| Oct 19, 2013
| 3:50 PM
NEW YORK -- A large chunk of JPMorgan Chase & Co.'s mounting legal bills may get even bigger.
The nation's largest bank could now pay a record $13 billion to settle a raft of federal and state probes, according to a person familiar with the...
| Nov 13, 2013
| 4:43 PM
JPMorgan Chase & Co. probably thought things couldn't get any worse than the $13 bilion it is expected to pay in a legal settlement with the government.
Then it stumbled into a public-relations debacle on Twitter.
The beleaguered banking giant asked...
| Feb 12, 2014
Re "Errors could hurt college bound," Feb. 10
Such a simple word as "errors" diminishes the severity of purposely concealing grave misconduct by college applicants. The 11 Orange County students recently expelled from their high school over the cheating...
| Mar 13, 2014
| 1:37 PM
OK, so what's the story on the sudden surge of banks in our town?
Big, hairy ones. The ones we bailed out after they caused the crash and who thanked us by collectively growing 30% bigger and gobbling up the weak.
Four new banks have come to town...
| Jan 10, 2014
Re "U.S. gives bank's execs a free pass," Column, Jan. 8
Michael Hiltzik is right on the money. JPMorgan Chase was clearly in violation of laws regarding suspicious activity reporting, and the fact that it got its own money out of Bernard Madoff's Ponzi...
| Jan 14, 2014
| 6:44 PM
NEW YORK — Massive legal payouts didn't just cost JPMorgan Chase & Co. billions last year. They also cost the Wall Street giant its title as America's most profitable bank.
After weathering a barrage of legal and regulatory assaults in 2013, the...
| Jan 20, 2014
| 11:34 AM
Let’s give New Jersey Gov. Chris Christie the benefit of the doubt for a minute.
Let’s say he was blindsided by his very close staff and truly knew nothing about the politically contrived four-day traffic jam that has marred his reputation,...
| Jan 22, 2014
| 4:57 PM
Never let it be said that Pope Francis doesn't know how to bring the battle to the battleground. In an address to the CEOs and assorted financial hangers-on gathered this week in Davos, Switzerland, for the annual World Economic Forum, he admonished...