JPMorgan Chase & Co

Poll reveals 31% of investors say fines against banks not enough to change bad behavior

Thirty-one percent of investors said the settlements with regulators and fines issued by regulators against banks for selling shoddy mortgages were not enough to cause a change in the behavior of the lenders, the Bloomberg Global Poll revealed.

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Chrysler appoints four underwriters, targets December IPO

Chrysler Group LLC appointed Barclays Plc, Goldman Sachs Group, Morgan Stanley and UBS AG to help underwrite its proposed initial public offering slated in December. Chrysler filed for an IPO in September.

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Silver Lake hires banks for Mercury Payment IPO-sources

Private equity firm Silver Lake has hired JPMorgan Chase & Co, Barclays Plc and Morgan Stanley to lead a potential initial public offering of Mercury Payment Systems LLC, according to people familiar with the matter.

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JPMorgan finalizes USD13 billion settlement with US government

JPMorgan Chase & Co finalized a USD13-billion settlement with the US Justice Department to end a long legal fight over the bank's risky mortgage practices that helped pull down the country's economy.

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JPMorgan Chase & Co agrees on USD 4.5 billion settlement with institutional investors

JPMorgan Chase & Co said it had agreed to settle claims related to faulty mortgage bonds with 21 investors which included the asset management units of BlackRock Inc, Goldman Sachs Group and Pacific Investment Management Co.

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Highfields Capital Management sells stake in JPMorgan, Oracle

Boston-based hedge fund Highfields Capital Management exited from its stake in JPMorgan Chase & Co and Oracle Corp and halved its holdings of Capital One Financial Corp.

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Abacus Property raises USD75 million for future acquisitions

Australian diversified company Abacus Property Group raised USD75 million in a share sale, the proceeds of which would be used to more properties in New South Wales, Queensland, and Victoria.

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JPMorgan Chase & Co, US Justice Department face snag in USD 13 billion settlement- sources

Disagreements slowed down talks about the USD 13 billion settlement of JPMorgan Chase & Co and the US Department of Justice, sources told Reuters.

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Essent Group raises USD 335 million in IPO

Essent Group raised USD 335 million for its initial public offering in the US.

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News Corp secures USD 650 million revolving credit line

News Corp received a five-year revolving line of credit amounting to USD 650 million.

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JPMorgan nears settlement deal with institutional investors- source

A source told Reuters that JPMorgan Chase & Co was nearing a settlement deal with institutional investors that included BlackRock, Pacific Investment Management and Neuberger Berman.

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JPMorgan may not yet see end to criminal probe- sources

Sources told Reuters that the end to the probe of JPMorgan's criminal liability about the mortgage bonds it issued in the financial crisis could be far from over.

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JPMorgan and FHFA forge settlement agreement

JPMorgan to pay FHFA USD5.1 billion as settlement for loans and mortgage backed securities issues.

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BTG working on bid for JPMorgan Commodities Unit - source

Grupo BTG Pactual was reportedly working up a bid to purchase the commodities unit of JPMorgan Chase & Co.

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JPMorgan's settlement to reach USD11 billion

JPMorgan Chase & Co are deep in the negotiations to settle the probes conducted at the state and federal levels.

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