Quantcast
Home » JPMorgan Chase You are browsing entries tagged with “JPMorgan Chase”

JPMorgan Chase’s list of legal challenges

A man walks into a JPMorgan Chase & Co. building in New York's financial district. Since the financial crisis, JPMorgan Chase has a long list of legal challenges beyond the $6 billion trading loss known as the "London Whale”. AP file photo

The London Whale trading loss is JPMorgan Chase’s legal headache-of-the-week, but it’s hardly its only problem.

Posted: August 13th, 2013 in Latest Business Stories | Read More »

JPMorgan to slash 19,000 jobs by end-2014

JPMorgan

US banking giant JPMorgan Chase plans to eliminate 19,000 jobs by the end of 2014 as it seeks to rein in costs, the company said Tuesday in an investor presentation.

Posted: February 27th, 2013 in Latest Business Stories | Read More »

A look at bank scandals since the financial crisis

People walk past a logo of HSBC headquarters in Hong Kong. HSBC, the British banking giant, will pay $1.9 billion to settle a money-laundering probe by federal and state authorities in the United States, a law enforcement official said Monday Dec. 10, 2012. AP/Vincent Yu

HSBC’s record $1.9 billion payment to settle a U.S. investigation into money laundering that involved Mexican drug cartels and nations such as Iran is a new setback for the reputation of banks after a series of headline-grabbing scandals.

Posted: December 11th, 2012 in Latest Business Stories | Read More »

White House urges bank reforms after JPMorgan loss

Automobiles pass a JP Morgan Chase building Thursday, May 10, 2012, in New York. JPMorgan Chase, the largest bank in the United States, said Thursday that it lost $2 billion in the past six weeks in a trading portfolio designed to hedge against risks the company takes with its own money. The company's stock plunged almost 7 percent in after-hours trading after the loss was announced. Other bank stocks, including Citigroup and Bank of America, suffered heavy losses as well. (AP Photo/Frank Franklin II)

The White House stepped up pressure for tighter bank regulation Monday after JPMorgan Chase’s $2 billion derivatives loss, as the bank said the top official responsible for the loss had resigned.

Posted: May 15th, 2012 in Latest Business Stories | Read More »

Advertisement

News

  • US to recognize same-sex marriage in 6 more states
  • Palace on Binay-Trillanes debate: Sign of healthy democracy
  • Tight security for ‘defining’ Tunisia vote
  • Dallas nurse who survived Ebola must wait for dog
  • Quarantined US nurse says ‘made to feel like a criminal’
  • Sports

  • Aldo beats Mendes in UFC 179 to keep his title
  • Giants surge past Royals 11-4 to level World Series 2-2
  • Cavaliers exercise option on guard Dion Waiters
  • Mo’ne Davis throws out 1st pitch at World Series
  • Petron notches 2nd Liga GP win
  • Lifestyle

  • Lina Flor: The woman is sorely missed
  • Overwhelmed with gratitude
  • Kissing scene between Alexander and Anne a challenge until…
  • Class is making a comeback
  • My memories of Liberation
  • Entertainment

  • Jack Bruce, bassist of rock band Cream, dies aged 71
  • MiG applauds ‘X-Factor’s’ Marlisa
  • ‘Trick or Thrill’
  • Finally, a date with Hot Hunk
  • Hancock honored at jazz benefit concert at Apollo
  • Business

  • PDI reaps 5 top awards in business journalism
  • Execs from Harvard bring adobo to US market
  • Execs with expense accounts, rejoice!
  • Spawning giant clams for livelihood
  • Anti-impotence drugs seized
  • Technology

  • Big data becomes tool in Ebola battle
  • The Cacnio legacy
  • MMDA impounds Uber car
  • DOJ forms team to prosecute sex and other cybercrimes
  • Zuckerberg speaks Chinese; Beijing students cheer
  • Opinion

  • Walking the talk
  • Pope Francis and social movements
  • Legal philosophy
  • No picnic
  • More You, less me
  • Global Nation

  • VFA must be clear US forces ‘visiting’ not ‘invading’—expert
  • Prayers for Pope: Politicians to repent, for mother’s sins
  • NYC marathon runner to raise funds for PGH
  • The Pinoy is a US airport manager
  • Effect of failed marriage on conditional US resident
  • Marketplace
    Advertisement