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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 45-55
  • Letters: How to really punish bank executives

    Letters: How to really punish bank executives
    Re "U.S. gives bank's execs a free pass," Column, Jan. 8 Michael Hiltzik is right on the money. JPMorgan Chase was clearly in violation of laws regarding suspicious activity reporting, and the fact that it got its own money out of Bernard Madoff's Ponzi...
  • JPMorgan profit slips 7% in fourth quarter

    JPMorgan profit slips 7% in fourth quarter
    NEW YORK -- JPMorgan Chase & Co.'s profit slipped 7% in the fourth quarter as the bank's legal costs mounted and investment banking slumped. The nation's largest bank said Tuesday it earned $5.3 billion, or $1.30 a share, down from $5.7 billion, or $1....
  • Bank executives still disproportionately white, NAACP says

    Bank executives still disproportionately white, NAACP says
    Leadership positions at large U.S. banks are predominantly held by whites, according to a new report by the National Assn. for the Advancement of Colored People. “Equal opportunity for people of color in the United States remains an unrealized...
  • Wells Fargo profit up 10% despite downturn in mortgages

    Wells Fargo profit up 10% despite downturn in mortgages
    Despite a sharp downturn in its market-leading mortgage business, Wells Fargo & Co. reported a 10% improvement in fourth-quarter earnings as loan losses declined and the San Francisco bank collected higher fees in other businesses. Wells, which wrote...
  • JPMorgan agrees to pay $1.7 billion for role in Madoff scheme

    JPMorgan agrees to pay $1.7 billion for role in Madoff scheme
    JPMorgan Chase & Co. has agreed to pay $1.7 billion to resolve a Justice Department investigation into its role in Bernard Madoff's multibillion-dollar Ponzi scheme. The giant Wall Street firm, which served as Madoff's primary banker, acknowledged...
  • The Madoff settlement is an enormous win for a guilty JPMorgan

    The Madoff settlement is an enormous win for a guilty JPMorgan
    Let's get a few points straight regarding the federal government's "big" $2-billion-plus settlement with JPMorgan Chase over the bank's complicity in the Madoff case. -- First, JPMorgan, where Madoff kept his major bank accounts and which profited...
  • JPMorgan to pay $2.6 billion for failing to report Madoff concerns

    JPMorgan to pay $2.6 billion for failing to report Madoff concerns
    When Bernard L. Madoff's Ponzi scheme was revealed five years ago, the big question was whether he pulled off the jaw-dropping crime by himself. Madoff stubbornly claimed to have acted alone, but it became clear Tuesday that he got a significant...
  • Sens. Warren, Coburn propose more disclosure on federal settlements

    Sens. Warren, Coburn propose more disclosure on federal settlements
    WASHINGTON -- Sens. Elizabeth Warren and Tom Coburn on Wednesday introduced legislation requiring federal agencies to disclose more information about settlements that end government investigations, such as whether the money paid by companies is tax-...
  • Use a debit card at Target? You have more to fear in data breach

    Use a debit card at Target? You have more to fear in data breach
    The massive theft of payment card data from Target Corp. stores has renewed warnings that consumers are better protected from fraud by using credit cards instead of debit. The advice was issued against a backdrop of banks and card companies rushing to...
  • 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...
  • JPMorgan nears $13-billion mortgage settlement with U.S. agency

    JPMorgan nears $13-billion mortgage settlement with U.S. agency
    NEW YORK -- The nation's biggest bank is close to shelling out the largest-ever penalty for a single company in American history. The U.S. Department of Justice and JPMorgan Chase & Co. are close to finalizing an agreement over a $13-billion...