Warren Buffett's annual letter strongly criticized the financial industry, who took notice of his warnings, the NYT reports.» Read More
Oct 22- JPMorgan Chase& Co executives in New York were aware of potential problems tied to its recruitment practices in China well before U.S. regulators launched a probe into the issue, the Wall Street Journal reported, citing sources and documents it reviewed. The U.S. Securities and Exchange Commission is examining the extent to which JPMorgan executives at...
CNBC's Carl Quintanilla and Jim Cramer, discuss JPMorgan CEO Jamie Dimon's comments on mortgage credit tightness and availability of credit.
Oct 14- JPMorgan Chase& Co reported lower-than-estimated third-quarter profit on Tuesday as unexpected legal expenses of $1 billion caught analysts off guard and offset strength in its capital markets and lending businesses. JPMorgan, the biggest U.S. bank, also reported higher-than-expected operating costs, with compensation, technology and marketing...
*Third-qtr EPS $1.36 versus $1.38 Wall St estimate. Oct 14- JPMorgan Chase& Co reported lower-than-expected third-quarter profit on Tuesday as high costs more than offset strength in its capital markets and lending businesses. JPMorgan, the biggest U.S. bank, recorded $1 billion in legal expenses, which was more than analysts anticipated.
JPMorgan reported a third-quarter profit, as it moved past huge legal claims that caused it to book a rare loss in the same quarter last year.
CNBC's Kayla Tausche provides highlights from JPMorgan's conference call on earnings.
Oct 14- JPMorgan Chase& Co reported a third-quarter profit as the biggest U.S. bank boosted revenue from trading and investment banking, and moved past the huge legal claims that pushed it into a rare loss in the same quarter last year. The bank, confirming figures leaked earlier on an investment website, said it recorded net income of $5.6 billion, or $1.36 per share,...
Breaking down JPMorgan's quarterly numbers, with Marty Mosby, Vining Sparks. What we are seeing is consistent, modest yet positive growth, says Mosby.
Wall Street is spending more on the midterms than ever before—particularly in support of the GOP—but it's not from whom you might think.
In order for things to really improve next week, Cramer thinks several situations bear watching over the weekend.
Speaking at the Institute of International Finance membership meeting on Friday, JPMorgan CEO Jamie Dimon said 'shadow banking' should be a top priority for financial regulators.
Four top bank CEOs including JPMorgan's Jamie Dimon joined a panel at the Institute for International Finance to talk global growth, regulation and the Silicon Valley, reports CNBC's Kayla Tausche.
The JPMorgan CEO sees one thing that could derail the recovery: The $3.2 trillion nonbank financial system, or "shadow banks."
A top banker with nearly 40 years of experience on Wall Street says he can't "remember a better time to do a deal."
Banker compensation may get more complicated and have fewer zeroes if the International Monetary Fund has a say.
BOSTON, Oct 3- Two U.S. states are investigating the theft of 83 million customer records from JPMorgan Chase& Co in a massive cyberattack uncovered over the summer and more may soon join, Reuters learned on Friday. Special Assistant Attorney General William Brauch, director of the Iowa Department of Justice's Consumer Protection Division, told Reuters that...
BOSTON, Oct 3- The 83 million customer records that hackers stole from JPMorgan Chase& Co could fuel years of fraud, as criminals use the information to "phish" for customer passwords and ferret out other accounts that consumers may have, cybercrime researchers said on Friday. Their first step will likely be to use the information to send emails to customers...
Details on a cyberattack on JPMorgan's servers this summer add to doubts over the security of consumer data kept by lenders, retailers and others.
Bank of America said it named Chief Executive Brian Moynihan as chairman of its board, effective immediately.
The tech giant will make 15 cents of every $100 spent, or 0.15 percent, using Apple Pay, sources said. The FT reports.