JPMorgan Chase & Co

Investors may wait longer for higher dividends from U.S. banks

Investors had hoped that the biggest U.S. banks would boost dividend payments substantially in 2015, but recent events including slumping oil prices will make it harder for banks to pay out more.

Read Full Article

Breaking up JPMorgan could lift its stock price, Goldman analyst says

New capital rules that penalize big banks could add pressure to JPMorgan Chase & Co (JPM.N) to break itself up to boost its stock price, a prominent stock analyst from Goldman Sachs Group Inc (GS.N) wrote on Monday.

Read Full Article

U.S. banks to move cautiously into Cuba, trade groups say

U.S. banks will be able to do more business in Cuba after the United States and the island nation agreed to restore diplomatic ties, but trade groups said their members will be slow to ramp up operations, fearing big penalties for mistakes.

Read Full Article

Investor to object to proposed $4.5 billion JPMorgan settlement

A group of funds that threw a monkey wrench in Bank of America Corp's (BAC.N) proposed $8.5 billion settlement with investors in mortgage-backed securities will object to JPMorgan Chase & Co's $4.5 billion offer to settle claims over similar investments, according to the lawyer that represents them.

Read Full Article

JPMorgan posts profit as trading picks up and legal costs ease

JPMorgan Chase & Co (JPM.N) reported a third-quarter profit as the biggest U.S. bank boosted revenue from trading and investment banking, and moved past the huge legal claims that pushed it into a rare loss in the same quarter last year.

Read Full Article

Hackers who hit JPMorgan attacked some nine other firms: report

About nine other banks and brokerages were infiltrated by the same group of hackers who recently attacked computer systems at JPMorgan Chase & Co, the New York Times reported late on Friday, citing unnamed people briefed on the matter.

Read Full Article

Bank of America names CEO Moynihan chairman of board

Bank of America Corp (BAC.N) said it named Chief Executive Brian Moynihan as chairman of its board, effective immediately. He succeeds Charles "Chad" Holliday, the former chief executive of the chemical company E.I. du Pont de Nemours and Co (DD.N), who served as the bank's chairman for more than four years.

Read Full Article

JPMorgan in talks to sell oil-supply agreement to BoA

JPMorgan Chase & Co (JPM.N) is in talks to sell its oil-supply agreement with a major Philadelphia refinery to Bank of America Corp (BAC.N), the Wall Street Journal reported Tuesday, citing people familiar with the matter.

Read Full Article

Compensation for Blankfein, executives deviate from Wall Street trader pay crunch

Analysts told Bloomberg that the increases in chief executive officers of the top banks in the US usually means that the banks had performed above expectations.

Read Full Article

Box, the data storage company, prepares for its own IPO

In preparation for its 2014 IPO, Box had appointed banks to manage the share sale and market debut.

Read Full Article

JPMorgan hiring practices under review

JPMorgan Chase hiring practices now being reviewed by US, British and Hong Kong regulatory authorities.

Read Full Article

US Fed Reserve require stress tests on banks

Several banks required to undergo Fed Reserve stress tests to determine capacity of capital cushions on hypothetical adverse conditions.

Read Full Article

Private investors seek settlement from JPMorgan

Fund managers BlackRock Inc and Neuberger Berman Group LLC seek settlement in the amount of USD5.75 billion for mortgage backed securities fraud.

Read Full Article

JPMorgan reaches tentative settlement agreement

A total of USD13 billion is to be paid out by JPMorgan under the tentative settlement agreement forged with US authorities related to mortgage backed securities.

Read Full Article

JPMorgan would issue two year notes for the first time since January 2010

JPMorgan had valued notes at USD0.95 to the dollar, to be offered for the first time since January 2010.

Read Full Article
1 2 3

Subscribe to VCpost newsletter

Sign up for our Deals of the Day newsletter.
We will not spam you!

Real Time Analytics