US government widened probe into JPMorgan's hiring practices to include countries across Asia. An investigation into JPMorgan's hiring practices in China uncovered evidence that links hires to specific deals.
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JPMorgan hackers accessed servers but stole no money: report
Hackers accessed dozens of servers at JPMorgan Chase & Co in a cyberattack launched in June, though no money was taken, the New York Times reported on Friday, citing people familiar with the investigation into the case.
Shake Shack picks JPMorgan, Morgan Stanley to lead IPO
Shake Shack, the fast-food restaurant chain that has developed a cult following for its 'Shackburgers', 'flat-top' hot dogs and eponymous shakes, has selected JPMorgan Chase & Co(JPM.N) and Morgan Stanley (MS.N) to lead a proposed initial public offering, according to people familiar with the matter.
Aster Healthcare eyes $200M Mumbai or London IPO
Kerala, India-based healthcare service provider Aster DM Healthcare is in talks with investment banks for a $200-million initial public offering (IPO) in London or Mumbai within a year.
Royal Bank of Scotland to pay SEC USD153.7 M
The Royal Bank of Scotland entered into a settlement with the Securities and Exchange Commission amounting to USD153.7 million.
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Banks were prompted to look at their tradition of "client hires" as the SEC deepened its investigation of JPMorgan's hiring of two Chinese nationals.
An analyst said that if JPMorgan Chase & Co would have broken up into its four core businesses, it would be 30% more valuable to its shareholders.
Iron Capital's analyst, Eric Jackson, said BlackBerry would continue to slump even with the reported strategic alternatives for the company.
Vivint Solar stated they have gathered US$200 million in two new tax equity funds that would be used to fund solar power platforms on residential rooftops.
A document seen by Reuters showed that Italian prosecutors are investigating JPMorgan in relation to their probe of Monte dei Paschi.
JPMorgan agreed to pay more than USD400 million settlement for allegations of power market manipulation.
JPMorgan reissued overweight rating for Facebook shares as per a research report released Thursday. JPMorgan Chase & Co. reissued an overweight rating for Facebook shares, according to a research report released Thursday.
The financial industry is close to overtaking the tech industry according to the latest quarter reports, analysts said.
As JPMorgan Chase & Co. prepared its physical commodities trading exit, the "Wall Street Refiners" were set to be in the spotlight.
