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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 34-44
  • Mortgage tax break expires despite bipartisan support in Congress

    Mortgage tax break expires despite bipartisan support in Congress
    WASHINGTON — A 6-year-old tax break for struggling homeowners who won reductions in their mortgages has expired, alarming housing advocates and lawmakers who said it still was needed despite the real estate market rebound. Enacted by Congress in...
  • Howls, hoots on N.Y. trading floors over 'Wolf of Wall Street' excess

     Howls, hoots on N.Y. trading floors over 'Wolf of Wall Street' excess
    NEW YORK — Veteran stock trader Alan Valdes remembers the excesses of Wall Street during the 1990s: fat paychecks, drugs after hours and lavish spending on flashy cars. "The Wolf of Wall Street," Martin Scorsese's new portrayal of the notorious...
  • Fannie Mae, Freddie Mac got $7.9 billion in bank settlements in 2013

    Fannie Mae, Freddie Mac got $7.9 billion in bank settlements in 2013
    WASHINGTON --  Fannie Mae and Freddie Mac collected $7.9 billion from large financial institutions to settle suits over bad mortgage-backed securities purchased by the seized housing finance giants during the subprime housing boom, their federal regulator...
  • What JPMorgan's $13-billion settlement won't resolve

    What JPMorgan's $13-billion settlement won't resolve
    NEW YORK -- JPMorgan Chase & Co.'s historic $13-billion settlement with the federal government will pay down a major chunk of the bank's ballooning legal tab. The Justice Department on Tuesday announced the widely expected settlement of faulty...
  • Financial markets: Six highlights -- and absurdities -- of 2013

    Financial markets: Six highlights -- and absurdities -- of 2013
    Wall Street had plenty of reasons to think 2013 would go miserably for the stock market — what with a lackluster global economy, the U.S. government shutdown, Syria's civil war, the Obamacare fiasco and Miley Cyrus. Instead, we're on track for a...
  • The rich are different -- they still get interest-only mortgages

    The rich are different -- they still get interest-only mortgages
    Few of the nontraditional home loans that triggered the financial crisis are still available, and lenders will have even more reason to avoid them now that the Consumer Financial Protection Bureau’s definition of presumably safe and sound...
  • Target account breach one in long string of consumer-data hacks

    Target account breach one in long string of consumer-data hacks
    The announcement by Target on Thursday that 40 million credit and debit card accounts may have been breached by cyber-crooks is just one in a string of notable consumer-data breaches in recent years.  The Minneapolis-based retailer said the unauthorized...
  • L.A. councilman targets JPMorgan Chase, calls for accountability

    L.A. councilman targets JPMorgan Chase, calls for accountability
    A Los Angeles city councilman called Wednesday for his colleagues to explore ways of punishing banking giant JPMorgan Chase & Co. for engaging in financial misconduct, possibly by terminating the company's contracts with the city. Councilman Gil...
  • BofA profit surges as it puts housing crisis further behind it

    BofA profit surges as it puts housing crisis further behind it
    NEW YORK — Bank of America Corp.'s fourth-quarter profit surged as the financial giant continued to work through its hangover from the housing meltdown. The Charlotte, N.C., bank Wednesday reported net income of $3.4 billion, or 29 cents a share,...
  • The housing market is still a drag on the economy--but why?

    The housing market is still a drag on the economy--but why?
    Housing has stood out as the sick man of the U.S. economy in bad times and better times. For all its work on economic stimulus in various forms, the Obama administration has never been able to get its hands around a solution for the housing crash. That'...
  • Wells Fargo eclipses JPMorgan as most profitable U.S. bank

    Wells Fargo eclipses JPMorgan as most profitable U.S. bank
    NEW YORK — Massive legal payouts didn't just cost JPMorgan Chase & Co. billions last year. They also cost the Wall Street giant its title as America's most profitable bank. After weathering a barrage of legal and regulatory assaults in 2013, the...