CNBC's Kayla Tausche reports from JPMorgan's Investor Day where CEO Jamie Dimon will present to investors the state of the company's business, as well as its plans for layoffs.» Read More
CNBC's Kate Kelly breaks down the Justice Department's landmark settlement with JPMorgan.
NEW YORK, Nov 19- As the United States threatened to default on its debt last month, major U.S. banks set up war rooms, spent many millions of dollars on contingency planning and, in some cases, even prepared to underwrite federal government benefits.
The bank and the U.S. Department of Justice have been trying for weeks to complete the deal, which was tentatively reached after JPMorgan CEO Jamie Dimon went to Washington to meet U.S.
NEW YORK, Nov 15- JPMorgan Chase& Co said on Friday it agreed to pay $4.5 billion to settle claims by investors who lost money on mortgage-backed securities before the collapse of the U.S. housing market.
MADRID, Nov 15- A former JPMorgan Chase executive accused of helping to hide trading losses in a $6.2 billion financial scandal at the bank rejected on Friday a U.S. extradition request, which will now rest in the hands of courts in his native Spain.
LONDON, Nov 14- U.S. investment banks JPMorgan Chase& Co and Citi saw their share of investment banking revenue increase more than any of their peers in the first nine months of the year, new research showed on Thursday.
Nov 13- A top executive at JPMorgan Chase& Co said on Wednesday that the bank continues to seek a final agreement with the government on a tentative settlement over liabilities for mortgage securities sold before the financial crisis.
NYPD has denied that its commissioner, Ray Kelly, was in talks with JPMorgan Chase about a senior role in security at the bank.
NEW YORK, Nov 6- The New York City police department denied that its commissioner, Ray Kelly, was in talks with JPMorgan Chase& Co about a senior role in security at the bank. JPMorgan Chief Executive Jamie Dimon and Kelly get along well, a source told Reuters. JPMorgan's head of security, Tom Higgins, recently left the bank.
NEW YORK, Nov 6- JPMorgan Chase& Co has been talking with New York City Police Commissioner Ray Kelly about hiring him for a senior role in security at the bank, a person familiar with the matter said on Wednesday. JPMorgan Chief Executive Jamie Dimon and Kelly get along well, the source said. JPMorgan's head of security, Tom Higgins, recently left the bank.
Former Treasury Secretary Hank Paulson commenting on the $13 billion fine levied on JPMorgan, said on CNBC that Jamie Dimon is a "very strong CEO."
Discussing the possibility of JPMorgan's $13 billion settlement with the Justice Department collapsing, and the acquisition of Bear Stearns, with Former U.S. Treasury Secretary Hank Paulson.
JPMorgan's massive $13 billion mortgage-related settlement with the Justice Department is at risk of collapsing. CNBC's Kate Kelly has the details.
Oct 29- JPMorgan Chase& Co's preliminary $13 billion deal to resolve federal and state investigations into its mortgage bond business has hit some stumbling blocks, two people familiar with the talks said on Tuesday.
Former Sen. Chris Dodd (D-CT), addresses the challenges in getting Dodd-Frank just right, and criticism over how long it has taken. Former Rep. Barney Frank (D-MA), weighs in.
Discussing what it would mean if JPMorgan's potential $13 billion settlement with the DOJ would collapse, with Former Rep. Barney Frank (D-MA), and Former Sen. Chris Dodd (D-CT).
Oct 29- JPMorgan Chase& Co's preliminary $13 billion deal to resolve federal and state probes into its mortgage bond business has hit two stumbling blocks, a person familiar with the talks said on Tuesday.
Oct 29- The preliminary $13 billion deal set by JPMorgan Chase& Co CEO Jamie Dimon and U.S. The Department of Justice has sought a provision in the settlement that prohibits JPMorgan from seeking to push the WaMu liabilities from the settlement onto the FDIC.
Oct 29- The preliminary $13 billion deal set by JPMorgan Chase& Co CEO Jamie Dimon and U.S. Attorney General Eric Holder is at risk of falling apart, the Wall Street Journal reported on its website on Tuesday.
CNBC's Kate Kelly reports that JPMorgan's tentative deal with the DOJ may be falling apart over who is responsible for the purchase of Washington Mutual loans gone bad.