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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 100-110
  • California to get $750 million in energy crisis settlement

     California to get $750 million in energy crisis settlement
    SACRAMENTO — A Canadian power company will pay California electricity ratepayers $750 million to settle allegations that it bought electricity from the state and then sold it back at a huge markup during the energy crisis of 2000 and 2001. The...
  • FERC lets JPMorgan walk

    FERC lets JPMorgan walk
    If you take our federal and state energy authorities at their word, you just might be convinced that the $410-million penalty dropped Tuesday on JPMorgan Chase for manipulating energy markets in California and the Midwest is a big deal. "A historic...
  • Regulators propose tougher leverage rules for largest U.S. banks

    Regulators propose tougher leverage rules for largest U.S. banks
    WASHINGTON -- The nation's eight largest banks would have to meet tougher leverage limits than required under international standards as part of new rules proposed Tuesday by federal regulators designed to protect taxpayers from another financial crisis....
  • FDIC official says big banks trying scare tactics on capital rules

    FDIC official says big banks trying scare tactics on capital rules
    WASHINGTON -- The nation's largest banks are trying to scare the public about the impact of tougher capital requirements proposed by U.S. regulators, a top Federal Deposit Insurance Corp. official said Tuesday. Requiring the eight largest banks to...
  • GOP debt limit offer gives Wall Street its biggest gains of the year

    GOP debt limit offer gives Wall Street its biggest gains of the year
    The stock market staged its best rally of the year as lawmakers inched toward a deal that would temporarily stave off a government debt default. The Dow Jones industrial average surged 323.09 points after congressional Republicans proposed increasing...
  • JPMorgan Chase agrees to pay $389 million for credit card violations

    JPMorgan Chase agrees to pay $389 million for credit card violations
    WASHINGTON -- JPMorgan Chase & Co. has agreed to pay $389 million in refunds and penalties for illegally charging credit card customers for identity theft protection and other add-on services they didn't receive or authorize, federal regulators said...
  • JPMorgan posts first loss under Dimon

    JPMorgan posts first loss under Dimon
    NEW YORK — The financial crisis has finally caught up with Jamie Dimon. As leader of JPMorgan Chase & Co., he steered the nation's largest bank through the Wall Street collapse of 2008. At the prodding of panicked U.S. regulators, the mighty New...
  • Shutdown puts many furloughed workers in financial distress

    Shutdown puts many furloughed workers in financial distress
    It might seem like a paid vacation for the 500,000 federal workers on furlough. They've been out of work since last week and were promised back pay once a budget is passed and the government reopens. But for many rank-and-file employees who live...
  • Cost-cutting review underway at Tribune newspapers

    Cost-cutting review underway at Tribune newspapers
    Tribune Co., parent of the Los Angeles Times, is examining its operations in an effort that is likely to result in staff reductions at the company's daily newspapers. The company acknowledged a cost-cutting review is underway after Chicago business...
  • Twitter picks NYSE to list stock in blow to Nasdaq

    Twitter picks NYSE to list stock in blow to Nasdaq
    SAN FRANCISCO — Twitter Inc. is moving full speed ahead with its initial public offering even as the world braces for the possibility of a U.S. debt default that would roil financial markets and hurt the stock's debut. The micro-blogging service...
  • JPMorgan admits it broke securities laws in 'London Whale' case

    JPMorgan admits it broke securities laws in 'London Whale' case
    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...