| Nov 25, 2013
| 10:06 AM
The stock market rally rolled on Monday, with the Nasdaq composite index crossing 4,000 for the first time since 2000.
Though it remains far below its all-time high, the technology-laden Nasdaq is up more than 32% this year, making it one of the best-...
| Oct 24, 2013
| 6:24 PM
Jamie Dimon, arguably the nation's most powerful banker, has navigated intense scrutiny from Congress, the White House and regulators around the globe.
But it's a federal prosecutor in Sacramento, far from the world's financial and political capitals,...
| Oct 25, 2013
| 1:50 PM
SAN FRANCISCO -- Twitter executives made an appearance Friday on Wall Street as they prepared to kick off a road show to pitch the company’s initial public offering to investors.
As is traditional, Chief Executive Dick Costolo and finance chief...
| Nov 26, 2013
| 8:48 AM
WASHINGTON -- Profits at the nation's banks fell 3.9% in the third quarter of 2013 compared with a year earlier, the first such decline since 2009, as the industry grappled with higher interest rates that led to a drop in mortgage activity, the Federal...
| Nov 28, 2013
One hundred and fifty years ago, with the country still torn by civil war, President Lincoln issued a proclamation calling for all Americans to observe a common day "of Thanksgiving and Praise to our beneficent Father who dwelleth in the Heavens." That'...
| Nov 19, 2013
| 2:28 PM
The headline number on the big JPMorgan Chase legal settlement with state and federal regulators hasn't changed in the weeks since the negotiations over the deal first broke into the open: $13 billion. The deal's sponsors are falling all over themselves...
| Nov 20, 2013
| 11:56 AM
The "statement of fact" -- that narrative document that lays out what a corporate defendant has done wrong, without actually mentioning anything that could hurt the corporation in court -- has become our generation's big new literary genre. The...
| Dec 10, 2013
| 6:44 AM
WASHINGTON -- Federal regulators on Tuesday unveiled the final version of a rule designed to prevent federally insured banks from engaging in risky trading of stocks and securities, moving to put in place a key regulation called for in the 2010...
| Dec 11, 2013
WASHINGTON — Government regulators approved a sweeping new set of rules for the nation's biggest banks that ban them from the kind of ultra-high-risk trading that nearly collapsed the world's financial system.
Despite a fierce lobbying effort to...
| Dec 11, 2013
| 4:15 PM
No surprise here, but the signs are rife that the banking industry is busily cooking up alternatives to bitcoin--or just as likely, preparing to absorb the bitcoin model into their existing franchise.
The most recent indication comes from JPMorgan...
| Oct 30, 2013
JPMorgan Chase is trying to reach a multibillion-dollar deal with the federal government to settle allegations of securities fraud — based largely on claims against two failing banks it rescued during the crisis at Washington's behest. The...