Washington: US banking giant JPMorgan Chase may pay a record $13 billion fine to the Justice Department to settle investigations into its residential mortgage-backed securities
New York City: US banking giant JPMorgan Chase on Friday reported a rare quarterly loss due to high legal costs, even as its underlying business
London: Barclays has suspended six traders while it investigates the possible manipulation of foreign exchange markets, a source said on Friday.
NEW YORK: JPMorgan Chase chief Jamie Dimon held talks with the US attorney general Thursday on a possible deal to settle a slew of alleged
NEW YORK: JPMorgan Chase has offered to pay about $3 billion to settle an array of pending Justice Department probes, The Wall Street Journal reported
NEW YORK: Banking giant JPMorgan Chase agreed Thursday to pay $920 million in fines to US and British regulators over actions involved in last year’s
NEW YORK: US banking giant JPMorgan Chase said Thursday it is facing parallel civil and criminal investigations over its sale of mortgage-backed securities before the
New York: Apple’s new iPhone 5 may give a significant boost to the overall US economy, according to Michael Feroli, JP Morgan’s chief economist.
Washington: JP Morgan’s CEO Jamie Dimon was to testify before the Senate Banking Committee on Wednesday about the bank’s recent major trading loss when protesters