Highlights
A collection of news and information related to JPMorgan Chase & Co. published by this site and its partners.
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City awaits word on Lehman's suit
More than two years after the collapse of Lehman Bros., Burbank is still pining for the $10 million it lost in the deal.
Following Lehman’s declaration of bankruptcy in September 2008, Burbank filed a lawsuit alleging top executives of the...Tags: Money and Monetary Policy, Goldman Sachs Group, Inc., Companies and Corporations, Finance, The Walt Disney Co.
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3 big banks nearly halt foreclosure sales after U.S. tweaks orders
Sales of homes in foreclosure by Wells Fargo & Co., JPMorgan Chase & Co. and Citigroup Inc. ground nearly to a halt after regulators revised their orders on treatment of troubled borrowers during the 60 days before they lose their homes. The banks...Tags: Mortgages, U.S. Department of the Treasury, Citigroup Incorporated, Foreclosures, Office of the Comptroller of the Currency
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JPMorgan's Jamie Dimon facing push to drop chairman title
NEW YORK — A major shareholder vote next week has Wall Street abuzz over the power and future of Jamie Dimon, leader of the country's biggest bank. As chairman and chief executive of JPMorgan Chase & Co., Dimon burnished his reputation by steering...
Tags: Elections, Politics, Interior Policy, New York City, Economy, Business and Finance
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Deere lowers full-year sales outlook
Deere & Co. on Wednesday said its second-quarter profit rose slightly, beating analysts' expectations, but it warned that global financial pressures and the cool, wet weather in North America could affect sales the rest of the year. Moline, Ill.-based...
Tags: Deere and Company, Money and Monetary Policy, Weather, Earnings Forecasts, Corporate Performance
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Big banks get boost under new swap rules
ReutersThe top U.S. regulator adopted watered-down rules to bring swaps onto exchange-like trading platforms in the $640 billion derivatives market, giving bigĀ banks a boost. The rules constitute a compromise that critics say means supervisors have fewer tools...Tags: Citigroup Incorporated, Politics, Finance, Economy, Business and Finance, Lobbying
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Price's Brian Rogers throws his support behind Jamie Dimon
Brian Rogers, manager of the T. Rowe Price Equity Income Fund in Baltimore, won't be voting the fund's shares in support of splitting the role of CEO and chairman at JPMorgan Chase & Co. Jamie Dimon has been CEO at JP Morgan since 2005 and became...
Tags: Corporate Officers, Elections, Jamie Dimon, Politics, Finance
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Laid-off workers form co-op to open Chicago window plant
Workers who made news around the world when they staged a sit-in at a Chicago window factory in 2008 have struck out on their own with the help of a nonprofit. "I don't believe it just yet," said Joel Cruz, one of 17 workers who are owners of New Era...
Tags: Career and Workplace, Unions, Bankruptcy, Plant Openings, Companies and Corporations
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Will Dodd-Frank save (or stifle) capitalism?
WASHINGTON -- It's been five years since the onset of the financial crisis -- the rescue of Bear Stearns in March 2008 -- and we still don't know whether the financial system is safe. In a recent speech, Daniel Tarullo, the Federal Reserve's point man...
Tags: Franklin Delano Roosevelt, Politics, U.S. Securities and Exchange Commission, Economy, Business and Finance, Judges
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California accuses JPMorgan Chase of debt-collection abuses
NEW YORK -- California Atty. Gen. Kamala Harris has accused JPMorgan Chase & Co. of using fraudulent and unlawful debt-collection practices against some 100,000 credit card holders in the state. In a lawsuit filed Thursday, Harris' office claims the...
Tags: Laws, Career and Workplace, Labor Legislation, Justice System, Kamala D. Harris
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JPMorgan board members targeted by shareholder advisers
JPMorgan Chase, one of the nation's largest banks, survived the financial crisis better than most — only to have the $6 billion "London Whale" trading loss last year expose embarrassing flaws in its accounting and risk controls. Influential...
Tags: Sales, Elections, Real Estate, Economy, Business and Finance, Services and Shopping
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Bank on Urban Market for fast, tasty food
Who eats: Men in pinstripe suits — literally — stride through the halls of Urban Market, a cafeteria that puts the cavern in cavernous. It's underneath Chase Tower, home to a chunk of JPMorgan Chase as well as Exelon Corp. Expect to bump trays...
Tags: Foods and Beverages, Lifestyle and Leisure, Exelon Corp., Rick Bayless, Tomatoes
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Lew says Fannie Mae payment helps delay debt limit until Labor Day
WASHINGTON -- A nearly $60-billion dividend payment to the government by taxpayer-owned Fannie Mae will help push off the effective date on which the U.S. would hit its debt limit until at least Labor Day, Treasury Secretary Jacob J. Lew said Friday....
Tags: Politics, Economy, Business and Finance, CNBC (tv network), Fannie Mae, U.S. Congress
Feb 8, 2011
|Story| Burbank Leader
May 19, 2013
|Story| Los Angeles Times
May 17, 2013
|Story| Los Angeles Times
May 16, 2013
|Story| Chicago Tribune
May 17, 2013
|Story| Chicago Tribune
May 16, 2013
|Story| Baltimore Sun
May 9, 2013
|Story| Chicago Tribune
May 13, 2013
|Column| Orlando Sentinel
May 9, 2013
|Story| Los Angeles Times
May 12, 2013
|Column| Chicago Tribune
May 13, 2013
|Story| Chicago Tribune
May 10, 2013
|Story| Los Angeles Times
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