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JPMorgan's Jamie Dimon survives vote to strip him of chairman role
NEW YORK – Jamie Dimon survived a bruising fight to strip him of his chairmanship, but directors at JPMorgan Chase & Co. may still have to calm restive shareholders. Dimon, JPMorgan's savvy chairman and chief executive, easily beat a proposal to...
Tags: Annual and Special Corporate Meetings, Corporate Officers, Financial Markets, Economy, Business and Finance, Elections
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BofA, JPMorgan say they have fulfilled mortgage settlement terms
Bank of America Corp. and JPMorgan Chase & Co. say they have satisfied their obligations to help troubled borrowers under last year's landmark mortgage settlement with state and federal officials. Another bank that signed the settlement, Wells Fargo &...
Tags: Banking, Finance, Bank of America Corp., Consumers, General Motors Acceptance Corporation
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3 big banks nearly halt foreclosure sales after U.S. tweaks orders
Sales of homes in foreclosure by Wells Fargo & Co., JPMorgan Chase & Co. and Citigroup Inc. ground nearly to a halt after regulators revised their orders on treatment of troubled borrowers during the 60 days before they lose their homes. The banks...
Tags: U.S. Department of the Treasury, Office of the Comptroller of the Currency, Foreclosures, Mortgages, Citigroup Incorporated
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JPMorgan's Jamie Dimon survives vote to strip him of chairmanship
A JPMorgan Chase & Co. shareholder proposal to split the bank's chairman and chief executive roles -- now both held by Jamie Dimon -- failed to win a majority's support Tuesday. The proposal to split Dimon's jobs at the nation's largest bank won only...
Tags: Annual and Special Corporate Meetings, Interior Policy, Corporate Officers, Economy, Business and Finance, Elections
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Stock market rises back into record territory
The stock market marched back into record territory as investors seized on the latest encouraging news about the economy. On Tuesday, it was a report on the health of small businesses. Small business owners were slightly more optimistic in April,...
Tags: Upstream Oil and Gas Activities, Mutual Funds, Sony Corp., Weather, Prudential Financial Incorporated
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Stocks close higher on hopeful signs for the economy
Encouraging news about the U.S. economy extended the stock market's rally Friday. A gauge of future economic activity rose more than analysts had expected, as did a measure of consumer confidence, adding to evidence that the economy is steadily...
Tags: Manufacturing and Engineering, Financing and Stock Offerings, Media Industry, Automotive Equipment, Buyback
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JPMorgan's Jamie Dimon facing push to drop chairman title
NEW YORK — A major shareholder vote next week has Wall Street abuzz over the power and future of Jamie Dimon, leader of the country's biggest bank. As chairman and chief executive of JPMorgan Chase & Co., Dimon burnished his reputation by steering...
Tags: Annual and Special Corporate Meetings, Interior Policy, Corporate Officers, Financial Markets, Elections
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Mortgage settlement violations persist in California, group says
NEW YORK -- Violations of a landmark mortgage settlement alleged by New York's attorney general are also widespread in California, a housing advocacy group says. “Banks aren’t doing what they’re supposed to be doing to help people stay...
Tags: Lobbying, Lawyers, Bank of America Corp., Mortgages, Citigroup Incorporated
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California accuses JPMorgan Chase of debt-collection abuses
NEW YORK -- California Atty. Gen. Kamala Harris has accused JPMorgan Chase & Co. of using fraudulent and unlawful debt-collection practices against some 100,000 credit card holders in the state. In a lawsuit filed Thursday, Harris' office claims the...
Tags: Kamala D. Harris, Credit and Debt, Laws, Labor Legislation, Trials
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Stocks close higher on Wall Street
Small was beautiful this week. The Dow Jones industrial average closed above 15,000 for the first time on Tuesday, then held above that milestone for the next three days. But an index of small-company stocks has been putting the blue-chip gauge to...
Tags: Exxon Mobil Corporation, Finance, IBM, Stock Market, Alcoa Incorporated
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BofA settles another mortgage lawsuit but is facing a new one
NEW YORK — As Bank of America Corp. pulls itself free from a swamp of mortgage liabilities, new troubles keep threatening to suck it back under. BofA agreed to settle a big insurer's claims over faulty mortgage bonds for $1.7 billion Monday. But...
Tags: Countrywide Financial Corp., Financial Markets, Economy, Business and Finance, Citigroup Incorporated, Justice System
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Lew says Fannie Mae payment helps delay debt limit until Labor Day
WASHINGTON -- A nearly $60-billion dividend payment to the government by taxpayer-owned Fannie Mae will help push off the effective date on which the U.S. would hit its debt limit until at least Labor Day, Treasury Secretary Jacob J. Lew said Friday....
Tags: Labor Day, Economy, Business and Finance, Republican Party, Jack Lew, CNBC (tv network)
May 22, 2013
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May 22, 2013
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May 14, 2013
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May 17, 2013
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May 10, 2013
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May 7, 2013
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May 10, 2013
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