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JPMorgan Chase & Co.

A collection of news and information related to JPMorgan Chase & Co. published by this site and its partners.

Top JPMorgan Chase & Co. Articles

Displaying items 85-96
  • Settlement brightens outlook for Bank of America, fund managers say

    NEW YORK (Reuters) - Bank of America's decision to pay $16.7 billion to settle charges stemming from the sale of mortgage-backed securities may finally allow the company to put last decade's housing bubble behind it, fund managers and analysts say....
  • Bank of America reaches record $16.65B mortgage settlement

    CHARLOTTE, N.C. Bank of America will pay $16.65 billion in a settlement with the U.S. government and various states over soured mortgage bonds, under a landmark pact announced Thursday. The deal, which has been expected for weeks, calls for the...
  • Exclusive: Shake Shack picks JPMorgan, Morgan Stanley to lead IPO - sources

    NEW YORK (Reuters) - 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 and Morgan Stanley to lead a proposed initial public...
  • Exclusive: U.S. regulators step up warnings to banks for poor risk-spotting

    NEW YORK (Reuters) - U.S. regulators are sending some of the biggest global banks verbal warnings as they crack down on the firms' poor grasp of their own weaknesses, and push for rapid improvements in risk assessment, according to two sources familiar...
  • JPMorgan, BofA to raise junior banker pay by 20 percent: sources

    NEW YORK (Reuters) - JPMorgan Chase & Co and Bank of America Corp are planning to hike salaries of junior employees by at least 20 percent, people familiar with the proceedings said. JPMorgan executives are determined to pay competitively with other...
  • Bank of America's nearly $17 billion settlement could be announced Thursday

    Bank of America's nearly $17 billion settlement with the U.S. Department of Justice over soured mortgage bonds could be announced as early as Thursday, a source familiar with the talks told the Charlotte Observer Wednesday. Bloomberg News, citing a...
  • Disney Stock Closes in on $100 After Hitting $90 High

    Disney enjoyed a magical day on Wall Street Tuesday with its stock trading at record levels of $90 a share -- the highest in more than 16 years. The stock ended the day at $90.09, up 12 cents, a 52-week high. It nearly broke the $90 mark on Monday,...
  • Exclusive: Amid investor pressure, PetSmart says to explore sale

    Exclusive: Amid investor pressure, PetSmart says to explore sale
    NEW YORK (Reuters) - PetSmart Inc said on Tuesday it will explore a potential sale of the company, bowing to mounting pressure from several shareholders led by activist investor Jana Partners LLC. Reuters reported earlier on Tuesday that the pet supply...
  • Apax seeks $3 billion sale of healthcare IT firm TriZetto : sources

    NEW YORK (Reuters) - Private equity firm Apax Partners LLP is exploring a sale of U.S. healthcare information technology company TriZetto Corp, hoping to fetch as much as $3 billion including debt, according to people familiar with the matter. London-...
  • U.S. Bank hires adviser from JPMorgan Private Bank

    (Reuters) - Wealth manager U.S. Bank, a unit of U.S. Bancorp, hired Timothy Langbein from JPMorgan Private Bank as a senior private banker for its private client reserve in New York. Langbein will focus on personal and business lending, and deposit...
  • Bank of America could get tax break on part of $16 billion mortgage settlement

    As Bank of America prepares for a possible multibillion-dollar settlement with the government, the deal is expected to share a feature common to similar settlements with other banks a big portion that's tax-deductible as a business expense. The...
  • Regulators pushing banks to rid casinos of money-laundering

    NEW YORK (Reuters) - Large global banks are facing increased pressure from U.S. regulators to clamp down on casino money-laundering as the government pushes the industry to police not only its own transactions but customers' as well.     Bankers,...