GO
Loading...

Enter multiple symbols separated by commas

JPMorgan Chase and Co

More

  • LONDON, May 22- A shortage of prime office space in rival European financial centres may torpedo plans by some of London's banks to quit the UK capital if Britain opts out of European Union membership. Deutsche Bank, the euro zone's second largest bank by assets, confirmed this week it was considering cutting its UK operations if the country pulled out, and other...

  • SINGAPORE, May 22- China is likely to hold a 25-30 percent stake in the new Asian Infrastructure Investment Bank while India will be the second-biggest shareholder, delegates said on Friday after a three-day meeting of the bank's founding member-nations. No details of the ownership structure were disclosed, but delegates told Reuters that China would likely...

  • LONDON, May 21- The euro rose against the dollar for the first time in four days on Thursday, helped by signs of a recovery in French business activity, although a slowdown in Germany's private sector kept gains limited. Markit's flash composite Purchasing Managers' Index for Germany, which tracks manufacturing and services activity accounting for more than...

  • SYDNEY/ TOKYO, May 21- The dollar stepped back in Asian trade on Thursday but held close to a two-week peak against a basket of major currencies as investors focused on the pace of the U.S. "The sentiment is turning favourable on the dollar after all the position-unwinding has been done," said a trader at a Japanese bank in Tokyo. "Although they contained no outright...

  • *Flash PMIs for China and Japan in focus. SYDNEY, May 21- The dollar traded near a two-week peak against a basket of major currencies early on Thursday, having held on to most of its gains after closely watched minutes from the Federal Reserve's April meeting contained no major surprises. The dollar was particularly bid against the euro, which sank heavily on...

  • NEW YORK/ LONDON, May 20- A U.S. regulator has granted a series of waivers to JPMorgan Chase& Co and four other major banks allowing them to continue their usual securities business, after they agreed to plead guilty to criminal charges. Four of the banks- Barclays Plc, JPMorgan, Citigroup Inc and the Royal Bank of Scotland Plc- pleaded guilty to manipulating foreign...

  • What's today's $5 billion banking settlement about? Wednesday, 20 May 2015 | 5:07 PM ET

    Traders at four banks— JPMorgan Chase, Citigroup's banking unit Citicorp, Barclays and the Royal Bank of Scotland— conspired to fix rates on U.S. dollars and euros at the expense of clients from 2007 to 2013. Another bank, Switzerland's UBS, agreed to plead guilty to manipulating key interest rates and will pay a separate criminal penalty. In a hypothetical...

  • *Minutes in line with interest rate expectations. May 20- U.S. stocks ended marginally lower on Wednesday after Wall Street saw little in the minutes from last month's Federal Reserve meeting to alter expectations of when the central bank will raise interest rates. "They didn't give much tangible evidence that they were going to do anything different than what...

  • Lawsky steps down as NY’s top Wall St watchdog Wednesday, 20 May 2015 | 4:26 PM ET
    Benjamin Lawsky, Superintendent of the New York State Department of Financial Services.

    Known as the sherif of Wall Street, Benjamin Lawsky will soon vacate his post as New York's overseer of banking and insurance, NYT reports.

  • *Barclays fined $2.4 bln, fires 8 employees. Citi, Barclays, JP Morgan and RBS plead guilty. Citigroup Inc, JPMorgan Chase& Co, Barclays Plc, UBS AG and Royal Bank of Scotland Plc were accused by U.S. and UK officials of brazenly cheating clients to boost their own profits using invitation-only chat rooms and coded language to coordinate their trades.

  • Traders work on the floor of the New York Stock Exchange.

    U.S. stocks closed narrowly mixed as the Fed minutes mostly confirmed market expectations for a rate hike in the second half of the year.

  • Beware of bond bubble forming in ETFs Wednesday, 20 May 2015 | 2:08 PM ET
    Traders work on the floor of the New York Stock Exchange.

    Should you invest in fixed income when corporations are all too eagerly selling new bonds in staggeringly large amounts? Likely not.

  • Big banks plead guilty, fined $5.7B on rate rigging Wednesday, 20 May 2015 | 1:33 PM ET
    Barclays Capital office building in New York.

    Five of the world's largest banks were fined, and four pleaded guilty to U.S. criminal charges over foreign exchange manipulation.

  • In FX rigging: "If you ain't cheating, you ain't trying" Wednesday, 20 May 2015 | 1:07 PM ET

    LONDON, May 20- Foreign exchange traders clubbed together in a brazen "heads I win, tails you lose" strategy to rip off customers as they rigged the $5 trillion- per-day currency market, British and U.S. authorities said on Wednesday. A Barclays employee was quoted as saying in 2010: "markup is making sure you make the right decision on price... which is whats the worst...

  • US STOCKS-U.S. stocks tread water as Fed minutes loom Wednesday, 20 May 2015 | 1:07 PM ET

    *Fed minutes expected at 2:00 p.m. ET. *Southwest Airlines leads fall in airline stocks. *Yahoo bounces back from sharp selloff on Tuesday.

  • US STOCKS-Wall St muted before Fed minutes Wednesday, 20 May 2015 | 11:42 AM ET

    *Fed minutes expected at 2:00 p.m. ET. *Southwest Airlines leads fall in airline stocks. *Yahoo bounces back from sharp selloff on Tuesday.

  • May 20- Six big banks agreed to pay $5.7 billion to U.S. and UK authorities on Wednesday over allegations they rigged currency markets, taking the industry's bill for the scandal to more than $10 billion. JPMorgan, Citigroup, UBS, Barclays and RBS agreed settlements with the U.S. Department of Justice. Barclays was also slapped with fines from other UK and U.S....

  • *Altice also interested in Time Warner Cable- sources. In addition to Suddenlink, the seventh-largest U.S. cable player, Altice has also approached No.2 provider Time Warner Cable over a deal, sources said, creating a potential bidding war with John Malone's Charter Communications. Altice Chief Executive Dexter Goei declined to comment on Time Warner, saying...

  • May 20- Shares of Black Knight Financial Services Inc, a provider of software and services to the mortgage industry, rose as much as 9.2 percent in their market debut on Wednesday, valuing the company at about $4 billion. Black Knight raised about $441 million after its IPO was priced at $24.50 per share, near the top end of the expected range of $22- $25.

  • NEW YORK, May 20- Five of the world's largest banks, including JPMorgan Chase& Co and Citigroup Inc, were fined roughly $5.7 billion, and four of them pleaded guilty to U.S. criminal charges over manipulation of foreign exchange rates, authorities said on Wednesday. British banks Barclays Plc will pay $650 million in criminal penalties and Royal Bank of Scotland...