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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
  • Mortgage-related legal costs sock BofA with $276-million loss

    Mortgage-related legal costs sock BofA with $276-million loss
    Socked by mortgage-related legal expenses, Bank of America Corp. lost $276 million during the first quarter, sending its stock down sharply. The quarterly loss, its first in 2½ years, came despite lower loan losses and better than expected results in...
  • Is stress of Wall Street killing its bankers?

    It's probably just a sad coincidence, but the sudden deaths since December of a group of young men who worked for JPMorgan Chase & Co. (or who once did) have conspiracy theorists in a tizzy. For the less conspiracy-minded, the deaths again raise a...
  • Bill Daley joining Swiss hedge fund

    Bill Daley joining Swiss hedge fund
    Former Illinois Democratic gubernatorial candidate and White House chief of staff Bill Daley has joined a Swiss hedge fund, Argentiere Capital, as a managing partner and head of U.S. operations but will remain based in Chicago. Daley, 65, said in an...
  • Wall Street's overlords always win in arbitration

    Larry Stone is just your typical wealthy businessman who trusted millions of his hard-earned dollars to Colin Gordon, a hedge-fund manager at the now defunct Bear Stearns, and then lost most of those millions when the hedge fund crashed and burned in...
  • 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....
  • Weak corporate earnings could put pressure on stock prices

    The stock market is hitting new highs — just as corporate profit growth is slowing to a crawl. Rising earnings helped drive share prices to a series of record peaks in the last few years. But that dynamic could be tested this week when companies...
  • Banks profit from fees paid by California welfare recipients

    SACRAMENTO — Millions of dollars in welfare benefits are ending up in banks' pockets each year when poor Californians access their taxpayer-funded benefits, according to state statistics and a report released Tuesday. Like many other states,...
  • L.A. River cleanup project sends a current of pride through volunteers

    L.A. River cleanup project sends a current of pride through volunteers
    The Los Angeles River that runs through Andrea Iniguez's Boyle Heights neighborhood looks exactly as it does in the movies, with just a trickle of water, graffiti spray-painted on the concrete walls and no wildlife. But Saturday, the 15-year-old...
  • JPMorgan Chase earnings miss estimates; mortgages, trading weaker

    JPMorgan Chase earnings miss estimates; mortgages, trading weaker
    Weakness in the mortgage and bond-trading businesses socked JPMorgan Chase & Co. with disappointing first-quarter earnings, a signal that the start of this year was a tough time for the banking industry. JPMorgan, the nation's largest bank, is trying to...
  • Wells Fargo first quarter profit jumps 14%, beating expectations

    Wells Fargo first quarter profit jumps 14%, beating expectations
    California's banking giant, Wells Fargo & Co., reported 14% higher first quarter earnings, powering well beyond Wall Street's expectations as declining loan losses and operating cost cuts offset the slowdown in mortgages at America's largest home lender. ...
  • The day ahead in business

    The day ahead in business
    Reports: March PPI, University of Michigan consumer sentiment for April Local earnings: Enable Holdings Inc. Other earnings:  Fastenal Co., JPMorgan Chase & Co., Wells Fargo & Co. at others