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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 34-44
  • California said to share in U.S. mortgage settlement with Citigroup

    California said to share in U.S. mortgage settlement with Citigroup
    California will share in the U.S. Justice Department's multibillion-dollar settlement with Citigroup Inc. over defective mortgage investments the Wall Street giant peddled during the housing boom, according to people briefed on the negotiations. New...
  • After Citigroup settlement, attention turns to Bank of America

    CHARLOTTE, N.C. Now that Citigroup has announced a $7 billion settlement with the government over mortgage bonds, attention shifts to a proposed resolution with Bank of America to end similar investigations. U.S. Attorney General Eric H. Holder Jr. has...
  • Citi settlement will recoup Illinois pension losses

    Illinois will receive $84 million as part of a national $7 billion settlement resolving allegations by federal and state authorities that Citigroup Inc. sold risky mortgage-backed securities that harmed investors, which included pension systems and...
  • With Citigroup paying up, will feds' attention now turn to BofA?

    With Citigroup paying up, will feds' attention now turn to BofA?
    With Citigroup Inc. agreeing to pay $7 billion for issuing toxic mortgage securities, the Justice Department now turns to settling its case against what analysts call the biggest mortgage miscreant of all: Bank of America Corp. The government has...
  • The day ahead in business

    The day ahead in business
    Reports: June retail sales, import and export indexes, May business inventories, ICSC-Goldman Sachs and Redbook retail chain sales for period ending July 12 Local earnings: AAR Corp. Other earnings: Goldman Sachs Group Inc,, JPMorgan Chase & Co.,...
  • Higher stock underwriting revenue boosts Goldman profit

    Higher stock underwriting revenue boosts Goldman profit
    (Reuters) - Goldman Sachs Group Inc GS.N posted a 5 percent rise in quarterly profit, spurred by higher revenue from stock underwriting and a smaller decline in fixed-income trading than many on Wall Street had predicted. The bank's stock was up 0.7...
  • Dimon cancer diagnosis had no effect on JPMorgan's succession plan

    NEW YORK (Reuters) - JPMorgan Chase & Co. Chairman and Chief Executive Officer Jamie Dimon said on Wednesday that the bank has not changed its plans for picking his successor, even after he said on July 1 that he had been diagnosed with throat cancer....
  • JPMorgan profit declines 8 percent as fixed-income trading slides

    JPMorgan profit declines 8 percent as fixed-income trading slides
    (Reuters) - JPMorgan Chase & Co JPM.N, the biggest U.S. bank by assets, said on Tuesday that second-quarter profit fell 8 percent after customer stock and bond trading volume dropped and mortgage lending fees plunged. The results were not as bad as...
  • Citi pagaría 7.000 mln dlr a EEUU para resolver investigación, acuerdo se anunciaría el lunes

    NUEVA YORK (Reuters) - Citigroup acordó pagar 7.000 millones de dólares para resolver una investigación del Gobierno estadounidense sobre activos respaldados por hipotecas que el banco vendió poco antes de la crisis financiera de 2008, en un acuerdo que...
  • Wells Fargo profit increases 3.8% as home lending regains traction

    With solid quarterly results, Wells Fargo & Co. showed why it has become a darling of banking investors, but it also raised a crucial question: How can the San Francisco financial giant continue its hot stock performance at a time when economic growth...
  • Citi dice pagará 7.000 mln dlrs para resolver investigación sobre valores hipotecarios en EEUU

    (Reuters) - Citigroup Inc dijo que acordó pagar 7.000 millones de dólares para resolver una investigación del gobierno estadounidense sobre valores respaldados por hipotecas que el banco vendió en el período previo a la crisis financiera del 2008. La...