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JPMorgan Chase & Co.

A collection of news and information related to JPMorgan Chase & Co. published by this site and its partners.

Top JPMorgan Chase & Co. Articles

Displaying items 100-110
  • Average 401(k) balance hits record high as stock market surges

    Average 401(k) balance hits record high as stock market surges
    The surging stock market has helped push 401(k) balances to record highs, according to one report -- positive news for baby boomers and others nearing retirement. Fidelity Investments, the nation's largest 401(k) provider, said the average balance of...
  • L.A. -- from park poor to park rich, one park at a time

    L.A. -- from park poor to park rich, one park at a time
    Two quiet events happened in December that signal an important ongoing change in the landscape and in life in Los Angeles: The city opened two more parks in its 50 Parks Initiative, parks 20 and 21. On Dec. 7, the Drum Barracks Park was unveiled across...
  • Bank executives still disproportionately white, NAACP says

    Bank executives still disproportionately white, NAACP says
    Leadership positions at large U.S. banks are predominantly held by whites, according to a new report by the National Assn. for the Advancement of Colored People. “Equal opportunity for people of color in the United States remains an unrealized...
  • JPMorgan nears $13-billion mortgage settlement with U.S. agency

    NEW YORK -- The nation's biggest bank is close to shelling out the largest-ever penalty for a single company in American history. The U.S. Department of Justice and JPMorgan Chase & Co. are close to finalizing an agreement over a $13-billion...
  • Latest debacle for JPMorgan Chase: PR nightmare on Twitter

    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...
  • JPMorgan's latest legal tab rises as bank hammers out Justice deal

    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...
  • Bank profits fell in the third quarter amid higher mortgage rates

    Bank profits fell in the third quarter amid higher mortgage rates
    WASHINGTON -- Profits at the nation's banks fell 3.9% in the third quarter of 2013 compared with a year earlier, the first such decline since 2009, as the industry grappled with higher interest rates that led to a drop in mortgage activity, the Federal...
  • JPMorgan Chase exits student loan business: 'No meaningful growth'

    JPMorgan Chase exits student loan business: 'No meaningful growth'
    Citing a large drop-off in private student loan originations, a JPMorgan Chase & Co. spokeswoman confirmed Friday that the bank would stop issuing student loans Oct. 12. "Over the last five years, students have increasingly relied on government-backed...
  • Fannie Mae, Freddie Mac got $7.9 billion in bank settlements in 2013

    WASHINGTON --  Fannie Mae and Freddie Mac collected $7.9 billion from large financial institutions to settle suits over bad mortgage-backed securities purchased by the seized housing finance giants during the subprime housing boom, their federal regulator...
  • McDonald's, Kaiser Permanente have highest number of job openings in L.A.

    McDonald's, Kaiser Permanente have highest number of job openings in L.A.
    Some of the top employers looking to hire in Los Angeles include fast-food chain McDonald's and healthcare provider Kaiser Permanente. That's according to a new report from job site SimplyHired.com, which took a look at the companies posting the most...
  • JPMorgan profit slips 7% in fourth quarter

    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....