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A collection of news and information related to JPMorgan Chase & Co. published by this site and its partners.

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    Feb 8, 2011 |Story| Burbank Leader
  1. 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.
    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.

  2. May 19, 2013 |Story| Los Angeles Times
  3. 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

  4. May 17, 2013 |Story| Los Angeles Times
  5. 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.
    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

  6. May 16, 2013 |Story| Chicago Tribune
  7. 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.
    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

  8. May 17, 2013 |Story| Chicago Tribune
  9. Big banks get boost under new swap rules

    Reuters
    The 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

  10. May 16, 2013 |Story| Baltimore Sun
  11. 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.
    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

  12. May 9, 2013 |Story| Chicago Tribune
  13. 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.
    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

  14. May 13, 2013 |Column| Orlando Sentinel
  15. 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 on regulation, contended that substantial, though incomplete, progress has been made. As an example, he cited the doubling of equity capital for the 18 largest bank holding companies from $393 billion in late 2008 to $792 billion at the end of 2012. Equity capital is shareholders' money; it acts as a buffer against losses. Interestingly, JPMorgan Chase's well-publicized $6 billion loss by the trader nicknamed the "London Whale" confirms the point. Despite the loss's size, it never threatened a panic or overall financial stability.
    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

  16. May 9, 2013 |Story| Los Angeles Times
  17. 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.
    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

  18. May 12, 2013 |Column| Chicago Tribune
  19. 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.
    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

  20. May 13, 2013 |Story| Chicago Tribune
  21. Bank on Urban Market for fast, tasty food

    <strong>Who eats:</strong> Men in pinstripe suits &mdash; literally &mdash; 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 with bankers and executives.
    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

  22. May 10, 2013 |Story| Los Angeles Times
  23. 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

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