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24 Feb 2015, 2:00 pm by Associated Press
JPMorgan Chase plans to close 300 bank branches over the next two years, about 5 percent of the total, as more customers move online and the bank seeks to cut costs. [read post]
11 Feb 2015, 7:32 am by John Jascob
The banks, including UBS AG, Royal Bank of Scotland plc (RBS), JPMorgan & Chase Co, and Credit Suisse Group AG previously agreed to settlements with various regulators to resolve charges of manipulation and restraint of trade. [read post]
6 Feb 2015, 5:59 am
” Two days after the Court rendered its opinion, the U.S. plaintiffs moved for approval of a preliminary settlement with JPMorgan Chase bank. [read post]
5 Feb 2015, 7:26 am by Joe Consumer
…… The same day in 2013 that JPMorgan Chase announced a $13 billion deal with the Justice Department, for example, the bank’s chief financial officer emphasized that $7 billion of the total would be deductible. [read post]
29 Jan 2015, 4:07 am by Kevin LaCroix
    JPMorgan Chase disclosed that information for 83 million accounts had been breached. [read post]
27 Jan 2015, 8:48 am by Neil Burns
The United States Justice Department Trustee Program is investigating JPMorgan Chase, the Bank of America, Citigroup, and Synchrony Financial (formally GE Capital) for attempting to collect discharged debts in violation of federal law. [read post]
26 Jan 2015, 9:41 am by Law Lady
The associate found the correct two documents, along with a third–the most important financing statement for an unrelated $1.5 billion loan by a syndicate of lenders for which JPMorgan Chase was the secured party of record. [read post]
Last year  also saw an extraordinary number of data breaches, including the disclosure by JPMorgan Chase of an issue that may have affected up to 76 million households and 7 million small businesses, many of whom were mobile banking customers. [read post]
22 Jan 2015, 1:49 pm by Associated Press
Wells Fargo and JPMorgan Chase have agreed to pay more than $35 million combined to resolve claims that loan officers at the two banks received kickbacks in exchange for steering mortgage borrowers to a Maryland title company. [read post]
22 Jan 2015, 1:33 pm by Associated Press
Wells Fargo and JPMorgan Chase have agreed to pay more than $35 million combined to resolve claims that loan officers at the two banks received kickbacks in exchange for steering mortgage borrowers to a Maryland title company. [read post]
12 Jan 2015, 3:46 pm by Sabrina I. Pacifici
Summary – The Board Should Enhance Its Supervisory Processes as a Result of Lessons Learned From the Federal Reserve’s Supervision of JPMorgan Chase & Company’s Chief Investment Office: “In May 2012, media outlets reported that JPMorgan Chase & Company’s (JPMC) Chief Investment Office (CIO) incurred approximately $2 billion in losses due to a complex trading strategy involving credit derivatives. [read post]
8 Jan 2015, 6:00 pm by Gerry W. Beyer
Self-dealing allegations of JPMorgan Chase & Co. made by two churches expose an area inside the largest U.S. bank that illustrates the potential for conflicting interests—a trust business that invests in the bank’s own products. [read post]
28 Dec 2014, 4:13 pm by Sabrina I. Pacifici
According to Jamie Dimon of JPMorgan Chase in 2013, it took 500 professionals over 1 million hours per year to produce JPMorgan Chase’s annual Resolution plan. [read post]
11 Dec 2014, 1:45 pm by Katherine Gasztonyi
The announcements above follow recent data breaches at major banks and others, such as JPMorgan Chase, Target, Michaels Stores, and Home Depot. [read post]
10 Dec 2014, 4:48 pm by Sabrina I. Pacifici
Eight U.S. firms would currently be identified as GSIBs under the proposal: Bank of America Corporation, The Bank of New York Mellon Corporation, Citigroup Inc., The Goldman Sachs Group, Inc., JPMorgan Chase & Co., Morgan Stanley, State Street Corporation, and Wells Fargo & Company…The proposal builds on a GSIB capital surcharge framework agreed to by the Basel Committee on Banking Supervision (BCBS), augmented to address risks to U.S.… [read post]
6 Dec 2014, 2:14 pm by James Hamilton
It presents case studies of three major U.S. bank holding companies, Goldman Sachs, JPMorgan Chase, and Morgan Stanley that over the last ten years were the largest bank holding company participants in physical commodity activities. [read post]
4 Dec 2014, 4:00 am by Steve Brachmann
It would seem that like Bank of America, JPMorgan Chase is not suffering through Alice rejections that so many others experience. [read post]
4 Dec 2014, 4:00 am by Steve Brachmann
It would seem that like Bank of America, JPMorgan Chase is not suffering through Alice rejections that so many others experience. [read post]
21 Nov 2014, 12:10 pm by Greene LLP
The $3.1 billion in federal funds recovered following the housing and mortgage crisis includes: $1.85 billion from Bank of America Corporation; $614 million from JPMorgan Chase; $428 million from SunTrust Mortgage Inc.; and $200 million from U.S. [read post]