For the first time in recent memory, financials investors are judging bank earnings by Main Street borrowing versus Wall Street trading.» Read More
CNBC's Kayla Tausche reports 78 percent of shareholders at JPMorgan's annual shareholder meeting approved the executive pay package.
TAMPA, Florida, May 20- JPMorgan Chase& Co shareholders voted overwhelmingly on Tuesday to elect all of the company's directors and also endorsed its compensation to executives in 2013..
LONDON, May 13- The former boss of state-backed Royal Bank of Scotland's U.S. arm Citizens was paid $7.5 million last year, including $500,000 in consultancy fees for three months after she left. Ellen Alemany was in charge of RBS Citizens for five years until she was replaced by Bruce van Saun at the start of October.
While most of them rightfully boast accomplishments and gains, some CEOs took the opportunity this year to shine a light on the not-so-great events of the past year.
NEW YORK, May 2- JPMorgan Chase& Co expects second-quarter revenue from bond and equity trading to decline by about 20 percent from a year earlier, the biggest U.S. bank by assets said on Friday.
I wish that Jamie and I had been able to work out our issues, says Sanford Weill, former Citigroup chairman & CEO, discussing his break with JPMorgan's Jamie Dimon.
April 29- Bank of America has given investors one more datapoint suggesting that our biggest banks aren't just too big to fail but too big to manage and too big to invest in.
April 17- A year ago, soon after Morgan Stanley posted disappointing quarterly earnings, Chairman and Chief Executive Officer James Gorman told board members the bank was on the right track and investors who sold shares had made a mistake. Morgan Stanley posted a 55 percent gain in first-quarter profit.
Within the bitcoin uprising, there is a battle for the hearts of the early bitcoin adopters.
STRASBOURG, April 15- European lawmakers finally signed off on Tuesday on new laws to make it easier to shut problem banks after long wrangling over rules for an industry blamed for triggering the worst economic slump in a generation.
April 11- JPMorgan Chase& Co executives had an explicit message for shareholders after reporting declining first-quarter earnings: Don't worry, be happy that the bank isn't chasing short-term gains by making irrational lending decisions. The first quarter was a tough one for JPMorgan.
April 11- JPMorgan Chase& Co executives had an explicit message for shareholders after reporting declining first-quarter earnings: Don't worry, be happy that the bank isn't chasing short-term gains by making irrational lending decisions.
April 11- JPMorgan Chase& Co posted far weaker-than-expected quarterly profit as uncertainty about the U.S economy weighed on investor trading volumes and consumer borrowing. JPMorgan's bond trading revenue plunged 21 percent, and mortgage lending revenue fell 84 percent from the same quarter last year.
Happy Friday. Investor alert: The Morning Six-Pack is not subject to momentum selling.
CNBC's Kayla Tausche reports the latest details from JPMorgan's conference call, after the big bank missed quarterly estimates.
CNBC's Jim Cramer and David Faber break down the earnings report of JPMorgan and Wells Fargo. JPMorgan had a bad quarter and nobody is misunderstanding it, Cramer says.
CNBC's Kayla Tausche reports the latest details from JPMorgan's conference call.
April 11- JPMorgan Chase& Co reported a far weaker-than-expected quarterly profit as revenue from securities trading fell in a climate of uncertainty about the strength of the economic recovery and the Federal Reserve's intentions on interest rates.
NEW YORK, April 9- Jamie Dimon, CEO of JPMorgan Chase& Co, said that settling the big bank's wide-ranging legal cases with multiple government agencies last year was "the most painful, difficult and nerve-wracking experience that I have ever dealt with professionally."
CNBC's Seema Mody reports JPMorgan CEO Jamie Dimon made $11.8 million in 2013.