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13 Nov 2007, 5:49 am
Morgan Chase.[2] This summer brought turmoil in the credit markets as the subprime mortgage fiasco began to bear fruit, and the goal of the proposed superfund is to hedge off fears of future bank defaults as well as invigorate demand for commercial paper, which has since this summer frozen up.[3] This article will review the details of the proposed superfund, its aims, and address some criticism leveled at it as well as the government's role in the process. [read post]
  Last year, Bank of America settled for $410 million in a similar case, and JPMorgan Chase, Citizens bank, and TD Bank have also recently announced settlements. [read post]
10 Dec 2010, 1:07 pm by Ronald Mann
At Wednesday’s argument in Chase Bank USA v. [read post]
8 Apr 2010, 12:02 pm by Kim Zetter
” Caverly took the job with Bank of America some time around 2007, said Chase. [read post]
21 Jun 2010, 1:22 pm by Lyle Denniston
   (Chase Bank is now a part of J.P. [read post]
23 Feb 2012, 10:53 am
A $25 billion agreement with Bank of America Corporation, JPMorgan Chase & Co., Wells Fargo & Company, Citigroup Inc. and Ally Financial Inc. was reached by the federal government and 49 state attorneys general to address mortgage loan servicing and foreclosure abuses. [read post]
22 Apr 2020, 7:40 am by A. Brian Albritton
Citibank and JP Morgan Chase settled for $7 billion and $13 billion, respectively, in combined payments and consumer relief. [read post]
24 Mar 2008, 5:24 pm
JP Morgan Chase yesterday increased its bid for Bear Stearns to $10 per share from its previous bid of $2, fearing a refusal by shareholders to approve its takeover of the beleaguered broking entity. [read post]
15 Aug 2013, 12:14 pm by Mark Roe, Harvard Law School,
Two prime traders in JPMorgan Chase’s “London whale” misadventure have been indicted. [read post]
8 Aug 2013, 6:58 am by Mark Astarita
On the heels of the announcement of charges against Bank of America for fraudulently selling investors mortgage backed securities, JPMorgan Chase disclosed on Wednesday that it faced a criminal and civil investigation into whether it sold shoddy mortgage securities to investors in the run-up to the financial crisis,According to the New York Times, JPMorgan has acknowledged fthe existence of the investigation — one of several mortgage-related problems looming for the… [read post]
6 Jun 2024, 12:47 am by Jack Bogdanski
Do these political harangues attract new donations, from people who agree with them, to offset the money they chase away? [read post]
31 Dec 2011, 5:23 pm by Jeff Sovern
Even the Chase form you praise is three pages long and discloses more than 30 fees. [read post]
10 Mar 2009, 10:48 am
Even if there was factual support for the notion that a broad government take-over of banks is likely to result in better-run banks, it is not a practical possibility in a country with as large a banking sector, and as many banks (including numerous systemically important banks), as the U.S. has. [read post]