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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 12-22
  • JPMorgan, BofA to raise junior banker pay by 20 percent: sources

    NEW YORK (Reuters) - JPMorgan Chase & Co and Bank of America Corp are planning to hike salaries of junior employees by at least 20 percent, people familiar with the proceedings said. JPMorgan executives are determined to pay competitively with other...
  • Bank of America's nearly $17 billion settlement could be announced Thursday

    Bank of America's nearly $17 billion settlement with the U.S. Department of Justice over soured mortgage bonds could be announced as early as Thursday, a source familiar with the talks told the Charlotte Observer Wednesday. Bloomberg News, citing a...
  • Disney Stock Closes in on $100 After Hitting $90 High

    Disney enjoyed a magical day on Wall Street Tuesday with its stock trading at record levels of $90 a share -- the highest in more than 16 years. The stock ended the day at $90.09, up 12 cents, a 52-week high. It nearly broke the $90 mark on Monday,...
  • Exclusive: Amid investor pressure, PetSmart says to explore sale

    Exclusive: Amid investor pressure, PetSmart says to explore sale
    NEW YORK (Reuters) - PetSmart Inc said on Tuesday it will explore a potential sale of the company, bowing to mounting pressure from several shareholders led by activist investor Jana Partners LLC. Reuters reported earlier on Tuesday that the pet supply...
  • Apax seeks $3 billion sale of healthcare IT firm TriZetto : sources

    NEW YORK (Reuters) - Private equity firm Apax Partners LLP is exploring a sale of U.S. healthcare information technology company TriZetto Corp, hoping to fetch as much as $3 billion including debt, according to people familiar with the matter. London-...
  • Bank of America could get tax break on part of $16 billion mortgage settlement

    As Bank of America prepares for a possible multibillion-dollar settlement with the government, the deal is expected to share a feature common to similar settlements with other banks a big portion that's tax-deductible as a business expense. The...
  • U.S. Bank hires adviser from JPMorgan Private Bank

    (Reuters) - Wealth manager U.S. Bank, a unit of U.S. Bancorp, hired Timothy Langbein from JPMorgan Private Bank as a senior private banker for its private client reserve in New York. Langbein will focus on personal and business lending, and deposit...
  • Regulators pushing banks to rid casinos of money-laundering

    NEW YORK (Reuters) - Large global banks are facing increased pressure from U.S. regulators to clamp down on casino money-laundering as the government pushes the industry to police not only its own transactions but customers' as well.     Bankers,...
  • Lawsuit alleges JPMorgan mismanaged church trust, boosted fees

    (Reuters) - An Indianapolis church has alleged that JPMorgan Chase & Co mismanaged trust accounts held for its benefit by investing in high cost, risky investments that advanced the firms' interests over its own, according to a lawsuit filed in...
  • Home equity line defaults are likely to rise

    Home equity line defaults are likely to rise
    A wave of potential defaults on home equity lines of credit could start arriving in the next few years as Americans face a day of reckoning on their boom-era borrowing. Many homeowners who took out home equity lines, essentially second mortgages, during...
  • BofA said to agree to pay up to $17 billion in settlement

    Bank of America has agreed in principle to pay between $16 billion and $17 billion to settle with the U.S. Justice Department over the sale of faulty mortgage bonds, a person familiar with the talks said Wednesday. The news came the same day the bank...