| Jun 4, 2014
| 8:14 PM
| Jun 18, 2014
| 1:10 PM
JPMorgan Chase, Chicago’s biggest bank, said it has hired former U.S. Rep. Melissa Bean as chair of its Midwest business, replacing former United Airlines CEO Glenn Tilton.
Bean’s duties will include recruiting employees in the region,...
| Jun 19, 2014
| 9:09 PM
The number of Chicago-area jobs with foreign-owned companies has grown 40 percent in a generation, from 1991 to 2011, but the pace of this rise has slowed over the past decade, according to a report released Friday by a Washington think tank.
| Jun 25, 2014
| 12:57 PM
NEW YORK (AP) — The stock market had its biggest decline in two weeks Tuesday, led by a sell-off in blue-chip bank and energy stocks. Homebuilders rose after the government reported sales of new homes rose in May to the highest level in six years....
| Jun 26, 2014
| 1:42 PM
Money managers and brokers are shunning Barclays' dark pool after allegations the bank lied to clients about whether they would be dealing with high-frequency traders, according to people with knowledge of the matter.
Deutsche Bank, Royal Bank of Canada,...
| Jul 1, 2014
| 5:46 PM
Jamie Dimon, chairman and chief executive of banking giant JPMorgan Chase & Co., revealed Tuesday that he has been diagnosed with throat cancer.
In a memo to JPMorgan employees and shareholders, Dimon, 58, called his prognosis excellent and the cancer...
| Jul 1, 2014
| 10:52 PM
NEW YORK - JPMorgan Chase & Co Chief Executive Officer Jamie Dimon said he has been diagnosed with curable throat cancer and he plans to remain actively involved in the largest U.S. bank's business.
In a memo to the bank's employees and shareholders...
| Jun 10, 2014
| 10:12 AM
The 10 highest-paid U.S. bank CEOs include top managers at Wells Fargo & Co., Capital One Financial Corp. and … FirstMerit Corp.?
Topping the list assembled by SNL Financial was John Stumpf of Wells Fargo, whose total compensation in 2013 was $19....
| Feb 25, 2014
| 8:33 AM
JPMorgan Chase & Co. announced plans Tuesday to cut 8,000 positions, more than previously forecast, as fewer Americans refinance their mortgages because of rising interest rates.
The cuts will hit its mortgage and retail banking businesses, according to...
| Apr 11, 2014
| 6:34 AM
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...
| Apr 11, 2014
| 8:12 AM
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. ...
| May 14, 2014
| 10:49 AM
Most mortgage servicing companies are doing a better job of complying with new servicing rules but one company, Green Tree Servicing LLC, failed several tests and needs to make substantial improvements, according to a report issued Wednesday.