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Bernard Madoff

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  • Stanford Scandal: 5 years later  Friday, 14 Feb 2014 | 10:38 AM ET

    Convicted of defrauding investors, Allen Stanford is serving 110 years in a high-security prison about 40 miles from Orlando, Fla. CNBC's Scott Cohn reports.

  • Fined billions, JPMorgan gives Dimon sizable raise Friday, 24 Jan 2014 | 6:53 AM ET
    JPMorgan Chase CEO Jamie Dimon

    JPMorgan Chase’s board voted to give Jamie Dimon a new pay package worth about $20 million after his pay was cut in half last year, to $11.5 million.

  • Madoff back in prison after heart attack  Wednesday, 22 Jan 2014 | 3:11 PM ET

    CNBC's Scott Cohn reports Bernie Madoff had a mild heart attack last month and is now back at his medium security prison in Butner, North Carolina.

  • And the bank winners this earnings season are... Tuesday, 21 Jan 2014 | 1:39 PM ET

    The winners from the fourth quarter are underdogs, companies that have for years been cleaning up messes. Find out who they are.

  • Bet on big banks: 5-star fund manager Bill Nygren Tuesday, 14 Jan 2014 | 4:23 PM ET

    Cheap valuations and solid management make the financials sector Bill Nygren's top pick.

  • Madoff penalties hit JPMorgan Chase profit Tuesday, 14 Jan 2014 | 7:28 AM ET
    The headquarters of JP Morgan Chase on Park Avenue December 12, 2013 in New York.

    JPMorgan reported a drop in profit after paying penalties to the government for not reporting suspicions of fraud by Bernie Madoff.

  • Federal judge overseeing Madoff liquidation dies Monday, 13 Jan 2014 | 1:08 PM ET
    Bernard Madoff

    The federal judge presiding over the liquidation of assets related to Bernard Madoff's Ponzi scheme has died.

  • Banks to face Fed action against money laundering Friday, 10 Jan 2014 | 6:33 AM ET

    The U.S. Justice Department plans additional enforcement actions against banks that do not have enough safeguards against money laundering.

  • JPMorgan Chase plans to exit prepaid card business Thursday, 9 Jan 2014 | 1:34 PM ET

    JPMorgan Chase plans to sell or exit its business of issuing prepaid cards for corporate payrolls, government tax refunds and benefits.

  • JPM complicit, agrees to penalties  Tuesday, 7 Jan 2014 | 3:43 PM ET

    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.

  • JPMorgan 'failed, and failed miserably': Bharara  Tuesday, 7 Jan 2014 | 1:44 PM ET

    U.S. Attorney Preet Bharara tells a news conference why JPMorgan is settling charges related to the Bernie Madoff ponzie scheme.

  • Bharara: Madoff warning signs for JPM abounded  Tuesday, 7 Jan 2014 | 1:44 PM ET

    US Attorney Preet Bharara provides insight into the banking relationship between JPMorgan and Bernie Madoff.

  • Bharara prepares for largest bank fine ever  Tuesday, 7 Jan 2014 | 1:08 PM ET

    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 shovels out cash to bury Madoff legacy Tuesday, 7 Jan 2014 | 10:42 AM ET

    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.

  • JPM to settle with Irving Picard for $543 million  Tuesday, 7 Jan 2014 | 10:20 AM ET

    CNBC's Scott Cohn reports JPMorgan will settle with trustee Irving Picard for $543 million. Picard will disperse the funds to the Madoff victims.

  • JPM to pay $1.7 billion to DOJ  Tuesday, 7 Jan 2014 | 9:35 AM ET

    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.

  • JPMorgan overhang issues being resolved: Analyst  Monday, 6 Jan 2014 | 2:43 PM ET

    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.

  • JPMorgan near deal in Madoff case  Monday, 6 Jan 2014 | 2:40 PM ET

    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.

  • JPM & Madoff settlement in the works  Monday, 6 Jan 2014 | 1:42 PM ET

    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.