| 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...
| Oct 21, 2013
| 4:32 PM
JPMorgan Chase, one of our nation's ethically-challenged financial institutions, is facing another big fine. That means that once again you'll be hearing the right wing's go-to defense of the bank: President Obama's out to get JPMorgan Chairman Jamie...
| Oct 24, 2013
| 6:24 PM
Jamie Dimon, arguably the nation's most powerful banker, has navigated intense scrutiny from Congress, the White House and regulators around the globe.
But it's a federal prosecutor in Sacramento, far from the world's financial and political capitals,...
| Jul 12, 2013
| 7:14 PM
Wells Fargo & Co. booked a record $5.5 billion in profit during the second quarter despite a dramatic rise in mortgage rates and signs of a slowdown in its refinancing business.
The 19% year-over-year jump in earnings for the nation's largest home...
| Sep 19, 2013
Within hours Thursday, various federal banking regulators announced that JPMorgan Chase Bank N.A. and Chase Bank USA N.A. had been fined about $1 billion and had repaid customers more than $300 million for incidents involving poor derivatives trading...
| Jul 13, 2012
| 12:03 PM
Billionaire investor Warren Buffett had opinions to spare Friday, when he dished on JPMorgan’s Jamie Dimon, Wells Fargo’s home lending prowess, the future of the euro and newspapers, Facebook and more.
“I’ve had enough mistakes of...
| May 15, 2012
| 7:43 AM
JP Morgan Chase is one of the nation's largest companies, employing thousands of smart people. Yet their CEO Jamie Dimon admits that executives blew it in picking a risky derivative investment strategy that has cost Chase $2 billion.
| Apr 8, 2011
| 8:36 AM
When Jamie Dimon, the chairman and chief executive of JPMorgan Chase & Co., finally sold his Gold Coast mansion at 25 E. Banks St. in 2010 after it was on the market three years, the real estate crisis prevented him from getting the more than $13...
| Jan 25, 2012
As Newt Gingrich lashes out at "liberal elites," Mitt Romney is casting the 2012 campaign as "free enterprise on trial" -- and Mr. Romney defines free enterprise as achieving success through "risk-taking." U.S. Chamber of Commerce President Tom Donahue,...
| Dec 15, 2011
| 5:52 PM
Peeved at what they described big pay packages at the nation's biggest banks, a Chicago group urged its members Thursday to withdraw their money from such institutions, showing up at a Chase branch in East Lakeview to demand a meeting with a bank...