The tech giant will make 15 cents of every $100 spent, or 0.15 percent, using Apple Pay, sources said. The FT reports.» Read More
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.
By Laura Noonan and Gianluca Semeraro. LONDON/ MILAN, April 9- The European Central Bank has dismissed the latest appeal by the region's biggest lenders for concessions, including easier deadlines, to make rigorous health checks of their industry less logistically onerous, sources told Reuters.
The U.S. banking industry has almost completely recovered from the global financial crisis, but Europe's banks are lagging, JPM's Jamie Dimon says.
NEW YORK, April 2- Blythe Masters, one of Wall Street's most powerful women, is leaving JPMorgan Chase& Co. after a 27- year career that began with an internship in London and concludes with the sale of the multibillion-dollar commodities business she built.
Judge said shareholders adequately alleged JPMorgan misled them about the bank's ability to manage risk before the losses surfaced.
NEW YORK, March 31- JPMorgan Chase& Co must face a lawsuit from shareholders accusing it of securities fraud by misleading them about its ability to manage risk, which surfaced when it lost $6.2 billion in the "London Whale" scandal.
NEW YORK, March 31- JPMorgan Chase& Co must face a lawsuit in which shareholders accused it of concealing risks that surfaced when it lost at least $6.2 billion in 2012 over trades made by Bruno Iksil, the so-called London Whale.
U.S. Attorney Preet Bharara argued the government had gone too easy on corporations in recent years, and that felony charges could be in the offing.
NEW YORK, March 28- James Gorman, Morgan Stanley's chief executive and chairman, was awarded total compensation of $12 mln for 2013, double what he got the previous year, the bank said in its proxy filing on Friday.
Now that former JPMorgan executive Michael Cavanaugh has left the building, who's on the short list of likely successors? CNBC's Kayla Tausche takes a look at several likely candidates.
Some government authorities question whether misdeeds are not just a few bad actors, but rather a flaw that runs through the banking industry.
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.
CNBC's Kayla Tausche provides a preview of what investors can expect to hear from JPMorgan CEO Jamie Dimon at today's event.
CNBC's Kayla Tausche reports compensation for top bank executives rose heavily in 2013. CNBC's Morgan Brennan provides insight.
Are big bank leaders like Jamie Dimon the most influential on Wall Street—or activist investors like Carl Icahn?
CNBC's Kayla Tausche and Kate Kelly take a look at two of Wall Street's legendary bankers, former Citigroup CEO and Chairman Sandy Weill and JPMorgan CEO Jamie Dimon.