| Oct 19, 2013
| 3:50 PM
NEW YORK -- A large chunk of JPMorgan Chase & Co.'s mounting legal bills may get even bigger.
The nation's largest bank could now pay a record $13 billion to settle a raft of federal and state probes, according to a person familiar with the...
| Jul 12, 2013
| 7:14 PM
Wells Fargo & Co. booked a record $5.5 billion in profit during the second quarter despite a dramatic rise in mortgage rates and signs of a slowdown in its refinancing business.
The 19% year-over-year jump in earnings for the nation's largest home...
| Oct 21, 2013
| 4:32 PM
JPMorgan Chase, one of our nation's ethically-challenged financial institutions, is facing another big fine. That means that once again you'll be hearing the right wing's go-to defense of the bank: President Obama's out to get JPMorgan Chairman Jamie...
| Oct 17, 2013
| 7:53 AM
The other day we examined a claim by the New York Times that Jamie Dimon, the chairman and chief executive of the serial lawbreaking bank company JPMorgan Chase, was supported in his job by "the people who matter" -- defined as "investors, analysts, board...
| Oct 11, 2013
| 9:14 AM
The toll of JPMorgan Chase's relentless lawbreaking under Chairman and CEO Jamie Dimon may finally be getting real for shareholders.
According to the bank's third-quarter financial results, released Friday morning, its litigation expenses of more than...
| Oct 15, 2013
| 1:43 PM
Who are the "people who matter"? According to Andrew Ross Sorkin of the New York Times, "investors, analysts, board members and, yes, even regulators," none of whom, he says, wants Jamie Dimon fired as chairman and CEO of JPMorgan Chase.
Is there a...
| Sep 19, 2013
| 5:32 PM
NEW YORK — JPMorgan Chase & Co. has made a rare declaration for Wall Street: The nation's biggest bank admitted it broke the law.
The financial giant acknowledged Thursday that it violated securities laws and agreed to pay fines of $920 million as...
| Oct 2, 2013
| 11:43 AM
WASHINGTON -- Top Wall Street chief executives met with President Obama on Wednesday and warned of severe economic consequences if the standoff over the federal budget and debt limit is not ended soon.
Goldman Sachs Chief Executive Lloyd Blankfein said...
| Jun 18, 2013
| 9:17 PM
For all the mixed messages from the Fed and the uncertainty that has roiled financial markets recently, one thing looks very clear: The era of declining interest rates is over.
After three decades in which borrowing costs for Americans have pretty...
| May 22, 2013
| 6:34 AM
WASHINGTON — A top Federal Reserve official said Wednesday that a decision on reducing the central bank's unprecedented economic stimulus efforts still is three to four months away as policymakers first must determine if the recovery is strong...
| May 22, 2013
| 8:20 AM
WASHINGTON -- Federal Reserve Chairman Ben S. Bernanke said Wednesday that the central bank could start scaling back its stimulus program in the next few months, but warned against acting too quickly and harming the still-weak economic recovery.