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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 23-33
  • 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...
  • BofA agrees to pay $17-billion penalty over mortgage meltdown

    BofA agrees to pay $17-billion penalty over mortgage meltdown
    Bank of America Corp. has agreed to fork over nearly $17 billion to settle government claims over toxic mortgage securities that helped trigger the Great Recession, according to people close to the negotiations with the Justice Department. The agreement...
  • 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...
  • That's all? Citigroup eludes real punishment on securities

    The following editorial appeared in the Pittsburgh Post-Gazette on Monday, July 21: Last Monday, the Department of Justice announced a $7 billion settlement with Citigroup, the nation's third-largest bank, over a federal investigation into the bank's...
  • Tribune Publishing begins new era with new leaders

    Tribune Publishing begins new era with new leaders
    On Monday, Tribune Publishing spins off from Tribune Co. and starts a new chapter as a stand-alone company. Its stock begins regular trading on the New York Stock Exchange under the symbol TPUB on Tuesday, which is also when its board of directors...
  • BofA reportedly in $17-billion settlement over toxic loan securities

    BofA reportedly in $17-billion settlement over toxic loan securities
    Bank of America Corp. has agreed to fork over nearly $17 billion to settle government claims over toxic mortgage securities that helped trigger the Great Recession, according to people close to the negotiations with the Justice Department. The agreement...
  • Big business finally learns that wellness is good business

    2014 has been the year when the discussion of well-being has migrated from health and wellness magazines to business magazines. Wellness, and how to integrate it into our work lives, has become the hottest topic in the business pages. And that should...
  • Mortgage market shows promising gains in second quarter

    The mortgage market, beaten down by higher interest rates and weak home sales, is showing signs of perking up. After hitting a 14-year low in the first three months of this year, second-quarter home lending was much stronger than analysts expected,...
  • Wells Fargo profit rises 3.8% as home lending regains some traction

    No. 1 mortgage lender Wells Fargo & Co. kicked off the bank earnings season with a 3.8% increase in profit in a report that sent modestly positive signals about Main Street lending and the housing market. Wells Fargo had second-quarter net income of $5....
  • Harris: Crown family sides with activist hedge fund on PetSmart

     Harris: Crown family sides with activist hedge fund on PetSmart
    The investment arm of Chicago's billionaire Crown family has thrown its weight behind a New York-based activist hedge fund in its calls for retailer PetSmart to sell itself, a rare public rebuke of a company the family invests in. In a Monday letter...
  • Banking stocks rise as Citi, JPMorgan, Goldman beat earnings estimates

    Banking stocks rise as Citi, JPMorgan, Goldman beat earnings estimates
    Banks are paying enormous amounts to settle cases stemming from bad mortgages, but investors in Wall Street's heavy hitters are looking at different numbers — and they like what they see. An index of bank stocks climbed 1.3% on Tuesday after...