| Oct 3, 2014
| 12:33 PM
Illinois Attorney General Lisa Madigan is investigating the security breach at JPMorgan Chase & Co., according to a spokeswoman.
Connecticut Attorney General George Jepsen also is probing the hacking incident.
Other attorneys general offices are "very...
| Aug 28, 2014
| 4:24 PM
As the FBI and U.S. Secret Service investigated the scope of recent cyberattacks on U.S. financial institutions, the nation's largest banks said Thursday that they hadn't seen any unusual fraud activity from their customers' accounts.
| Sep 19, 2013
| 5:32 PM
NEW YORK — JPMorgan Chase & Co. has made a rare declaration for Wall Street: The nation's biggest bank admitted it broke the law.
The financial giant acknowledged Thursday that it violated securities laws and agreed to pay fines of $920 million as...
| Oct 2, 2013
| 11:43 AM
WASHINGTON -- Top Wall Street chief executives met with President Obama on Wednesday and warned of severe economic consequences if the standoff over the federal budget and debt limit is not ended soon.
Goldman Sachs Chief Executive Lloyd Blankfein said...
| Oct 2, 2013
| 4:26 PM
WASHINGTON — To Wall Street, the partial government shutdown is another unfortunate economic speed bump caused by partisan political fighting.
Failure to raise the debt limit, triggering a first-ever federal default, would be a brick wall on the...
| Oct 11, 2013
| 9:14 AM
The toll of JPMorgan Chase's relentless lawbreaking under Chairman and CEO Jamie Dimon may finally be getting real for shareholders.
According to the bank's third-quarter financial results, released Friday morning, its litigation expenses of more than...
| Oct 15, 2013
| 1:43 PM
Who are the "people who matter"? According to Andrew Ross Sorkin of the New York Times, "investors, analysts, board members and, yes, even regulators," none of whom, he says, wants Jamie Dimon fired as chairman and CEO of JPMorgan Chase.
Is there a...
| Oct 17, 2013
| 7:53 AM
The other day we examined a claim by the New York Times that Jamie Dimon, the chairman and chief executive of the serial lawbreaking bank company JPMorgan Chase, was supported in his job by "the people who matter" -- defined as "investors, analysts, board...
| Oct 20, 2013
| 5:00 AM
Nothing seems to get U.S. corporations' dander up like a threat to the pay and perks of their chief executives.
That's one explanation for corporate America's superheated, turbocharged, over-the-top reaction to the CEO pay ratio rule recently proposed...
| 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...
| Oct 19, 2013
| 4:21 PM
Yes, $13 billion in penalties--the figure at the center of the JPMorgan mortgage settlement deal being reported Saturday--is eye opening. Yes, it's a record in a civil proceeding against a major corporation.
But the most significant thing about...