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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
  • Stocks slump on weak bank results

    Disappointing results from Bank of America and Citigroup tugged the stock market to its fifth straight loss Thursday. Oil prices continued their slide, and U.S. government bonds jumped. Weak revenue from trading pulled down Bank of America's profit...
  • Bank of America earnings fall 11 percent, missing analysts' estimates

    Bank of America reported an 11 percent drop in fourth-quarter earnings Thursday, caused partly by the slowdown in trading revenue that has hit Wall Street. Its shares fell more than 3 percent in morning trading. The bank earned $3.05 billion, or 25...
  • Citigroup says fourth quarter profit dropped on legal and restructuring costs

    Citigroup said Thursday that its fourth-quarter profit dropped 86 percent after incurring large legal and restructuring charges. The bank earned $350 million, or 6 cents a share, for the three-month period ending in December, compared with a profit of...
  • Bank of America earnings fall 11%

    Bank of America reported an 11% drop in fourth-quarter earnings Thursday, caused partly by the slowdown in trading revenue that has hit Wall Street. Its shares fell more than 3% in morning trading. The bank earned $3.05 billion, or 25 cents a share,...
  • Housing the homeless: Now the real work starts

    Housing the homeless: Now the real work starts
    She's 45, schizophrenic and goes by the name "UFO." She has lived on the streets of Orlando for at least a decade. On a list ranking the region's chronically homeless population by vulnerability, this woman is near the top — along with a 66-year-...
  • Bank earnings: JPMorgan hit by legal costs, trading drop while Wells Fargo sees steady results

    JPMorgan Chase & Co. reported a 7 percent decline in fourth-quarter earnings Wednesday, hit by legal costs and lower trading revenue. Its results also fell short of Wall Street forecasts and sent the company's stock down 3.5 percent for the day, more...
  • US stocks slump on dismal retail sales report, slow global growth forecast; Bond prices rise

    Stocks recovered much of a midday swoon but still ended lower following some discouraging news on the global economy and retail sales in the U.S. The price of copper plunged Wednesday, and investors seeking safety piled into bonds. The World Bank...
  • Dismal report on retail spending slams the stock market

    A dismal report on retail spending in the U.S. and signs of slowing global growth drove stocks lower and sent yields on government bonds plunging as investors sought safety. U.S. stocks fell from the start of trading on a report that consumers pulled...
  • JPMorgan reports profit of $4.9 billion, but misses estimates; bank hit with legal costs

    JPMorgan Chase reported a 7 percent drop in fourth-quarter earnings Wednesday, hit by more legal costs and a drop in trading revenue. JPMorgan, which is the biggest U.S. bank by assets, said it earned $4.93 billion, or $1.19 a share, for the three-...
  • JPMorgan profit falls, hit by legal costs and lower trading

    JPMorgan profit falls, hit by legal costs and lower trading
    JPMorgan Chase & Co. reported a 7% drop in fourth-quarter earnings Wednesday, hit by more legal costs and a drop in trading revenue. JPMorgan, the biggest U.S. bank by assets, said it earned $4.9 billion, or $1.19 a share, for the final three months...
  • Obama calls for new laws on data hacking, says tech advances come with privacy risks

    President Barack Obama on Monday proposed strengthening laws against identity theft by requiring notification when consumer information is hacked and protecting students' private data. Obama also called for more free access to all consumer credit...