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

  • Bomb scare sends Letran students home
  • 3 cops wounded as 2 bombs explode in North Cotabato
  • Sunken ferry jointly owned by DOTC, DPWH
  • Sereno has no heart ailment, says aide
  • Purisima’s absence in Senate hearing due to miscommunication, says PNP
  • Sports

  • Adamson avoids winless season, upends UP
  • UE sets up playoff with NU for last semis berth with win over UST
  • UE battles UST, eyes Final 4 playoff with NU
  • Which side of his mouth did Floyd Jr. speak out?
  • Philippines wins Fiba’s Best Country fans award
  • Lifestyle

  • How a nose injury led Marc Pingris to basketball
  • Young artist shines a light on recent Philippine history
  • No machines, gadgets needed to show telepathy is real
  • You can rewire an aging brain
  • Glory Abueva at Yuchengco Museum
  • Entertainment

  • What will Deniece Cornejo, Cedric Lee do out of prison
  • Cedric Lee, Zimmer Raz released on bail; Cornejo still detained
  • Taguig judge asked to inhibit from Vhong Navarro case
  • ‘Clueless’ Deniece Cornejo on cloud nine with impending release
  • Vhong Navarro dismayed by court ruling for bail to Deniece Cornejo et al
  • Business

  • PH peso slides to P44.230 vs US dollar
  • Network Consolidated Cooperative Bank opens
  • Oil firms cut prices of gasoline, kerosene
  • US stocks mixed as Nasdaq drops more than 1%
  • Metro Pacific, Ayala tandem to pour P35B in LRT project
  • Technology

  • NASA inspector blasts asteroid protection program
  • Google debuts $105 smartphone in India; available in PH by yearend
  • Microsoft to buy Minecraft maker for $2.5 billion
  • Chinese city creates cellphone sidewalk lane
  • INQUIRER.net hits 1M likes on Facebook
  • Opinion

  • Bad weather for Binay
  • A strengthened economy?
  • Historic
  • A typhoon letdown
  • Standing Room Only?
  • Global Nation

  • Danish envoy on return to PH: Feels ‘like coming home’
  • PAL: Plane had ‘rough landing,’ not emergency landing, at HK airport
  • SC: No to US payment for damages in Tubbataha Reef accident
  • UN troops withdraw from Syrian Golan
  • Missing Sacramento Fil-Am mom found alive in Oregon
  • Marketplace
    Advertisement