The United Nations' $52 billion pension fund is getting close to investing in hedge funds for the first time.» Read More
The U.S. Justice Department plans additional enforcement actions against banks that do not have enough safeguards against money laundering.
JPMorgan Chase plans to sell or exit its business of issuing prepaid cards for corporate payrolls, government tax refunds and benefits.
CNBC's Scott Cohn reports on the settlement between U.S. authorities and JPMorgan Chase over its alleged role in Bernard Madoff's Ponzi scheme.
U.S. Attorney Preet Bharara tells a news conference why JPMorgan is settling charges related to the Bernie Madoff ponzie scheme.
US Attorney Preet Bharara provides insight into the banking relationship between JPMorgan and Bernie Madoff.
U.S. Attorney Preet Bharara will hold a news conference on the JPMorgan deal in regards to the Madoff case. CNBC's Scott Cohn reports JPMorgan is promising best in class compliance systems.
JPMorgan will pay a $350 million penalty to the U.S. Office of the Comptroller of the Currency in addition to a $1.7 billion forfeiture to settle charges in the Madoff deal.
CNBC's Scott Cohn reports JPMorgan will settle with trustee Irving Picard for $543 million. Picard will disperse the funds to the Madoff victims.
CNBC's Scott Cohn reports JPMorgan will pay $1.7 billion to the DOJ for its dealings with Bernie Madoff. The bank will also admit wrongdoing in a deferred prosecution agreement. No individuals will be held accountable.
JPMorgan Chase will not be penalized following accusations that it ignored Bernard Madoff's Ponzi scheme, the Wall Street Journal reported.
Despite lawsuits, JPMorgan's stock has jumped 14 percent over the past 2 months. Paul Miller, FBR Capital Markets, and Marty Mosby, Guggenheim Partners banking analyst, take their positions on the stock.
An announcement of a settlement deal between JPMorgan and regulators in the Madoff case could come as early as Tuesday. CNBC's Scott Cohn reports that the company says employees acted in good faith.
CNBC's Kayla Tausche reports JPMorgan could reach a $2 billion settlement with the Department of Justice this week. CNBC's Scott Cohn provides perspective.
CNBC's Kayla Tausche reports JPMorgan could reach a $2 billion settlement with the Department of Justice this week. The deal could also include a deferred prosecution agreement which would rule out criminal charges.
JPMorgan and federal regulators are on the verge of a $2 billion settlement, reports CNBC's Scott Cohn.
Bernie Madoff claims he has provided key information to the Treasury inspector general's office, reports CNBC's Scott Cohn.
CNBC's Scott Cohn looks back at the Bernie Madoff ponzi scheme and reports on the latest efforts to recoup the lost assets of his victims.
Five years after Bernard Madoff's arrest for the largest Ponzi scheme on record, victims of the theft still feel the loss of their life savings as if it was yesterday.
Five years after Bernard Madoff's arrest for the largest Ponzi scheme on record, Madoff Trustee Irving Picard and Chief Counsel David Sheehan tell CNBC's Scott Cohn, in an exclusive interview, how they discovered Madoff's phantom trades.
Five years after Bernard Madoff's arrest for the largest Ponzi scheme on record, Madoff Trustee Irving Picard and Chief Counsel David Sheehan tell CNBC's Scott Cohn, in an exclusive interview, how complicated tracking down the missing Madoff funds has been.