Home » Posts tagged 'JPMorgan'

  • FILE- In this April 5, 2018, file photo a NYSE logo adorns the entrance to the trading floor the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, Oct. 11. (AP Photo/Richard Drew, File)

    Markets Right Now: U.S. Stocks Fall As Banks See Losses

    NEW YORK — The latest on developments in financial markets (all times local):
    11:55 a.m.
    U.S. stocks are falling again a day after their biggest drop since February. Some early relief over a tame report on inflation gave way to renewed […]

  • VIDEO: JPM Chmn./CEO Dimon to Remain Active Despite Cancer

    VIDEO: JPM Chmn./CEO Dimon to Remain Active Despite Cancer

    James Dimon, chairman and chief executive of J.P. Morgan, told employees and shareholders he has been diagnosed with throat cancer, and that he will continue to be actively involved in the company during his treatment. WSJ’s Emily Glazer joins Simon […]

  • FILE - In this May 11, 2012, file photo, people stand in the lobby of JPMorgan Chase headquarters in New York. JPMorgan Chase & Co., already beset by other costly legal woes, has agreed to pay $1.7 billion to settle criminal charges accusing the bank of ignoring obvious warning signs of Bernard Madoff's massive Ponzi scheme, federal authorities said Tuesday, Jan. 7, 2014. (AP Photo/Mark Lennihan, File)

    JPMorgan To Pay Over $2 billion In Madoff Fraud

    NEW YORK  — JPMorgan Chase & Co., already beset by other costly legal woes, will pay over $2 billion for ignoring obvious warning signs of Bernard Madoff’s massive Ponzi scheme, authorities said Tuesday.
    The bank will pay $1.7 billion to settle […]

  • FILE - The JPMorgan Chase & Co. logo is displayed at their headquarters in New York, in this Monday, Oct. 21, 2013, file photo. A person close to the talks says the Justice Department and JPMorgan Chase & Co. have reached agreement on all issues in a $13 billion settlement of a civil inquiry into the company's sales of low-quality mortgage-backed securities that collapsed in value in the financial crisis. (AP Photo/Seth Wenig, File)

    JPMorgan, Gov’t Reach $13B Deal On Mortgage Bonds

    WASHINGTON  — JPMorgan Chase & Co. has agreed to pay $13 billion in a landmark settlement after it acknowledged that it misled investors about the quality of risky mortgage-backed securities ahead of the 2008 financial crisis.
    The settlement announcement Tuesday with […]

  • A sign outside the headquarters of JP Morgan Chase & Co in New York, September 19, 2013. REUTERS/Mike Segar

    Source: JPMorgan In Tentative $13 Billion Deal With U.S. Justice Deptartment

    WASHINGTON – JPMorgan Chase & Co has reached a tentative $13 billion agreement with the U.S. Justice Department to settle a range of mortgage issues, a source familiar with the talks said on Saturday.
    The tentative deal does not release the […]

  • JPMorgan In Talks To Settle Government Probes For $11 Billion

    JPMorgan In Talks To Settle Government Probes For $11 Billion

    NEW YORK – JPMorgan Chase & Co is in talks with government officials to settle federal and state mortgage probes for $11 billion, two people familiar with the matter said on Wednesday.

    The sum could include $7 billion in cash and […]

  • The entrance to JPMorgan Chase's international headquarters on Park Avenue is seen in New York October 2, 2012. REUTERS/Shannon Stapleton

    JPMorgan Faces Criminal And Civil Probes Over Mortgages

    By David Henry Wed Aug 7, 2013 8:40pm EDT

    (Reuters) – JPMorgan Chase & Co, the biggest U.S. bank by assets, said on Wednesday that it faces a criminal probe by the U.S. Department of Justice over sales of mortgage-backed securities and […]


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