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JPMorgan is investigating a possible cyberattack amid reports that Russian hackers targeted several Wall Street banks this month.
NEW YORK, Aug 28- U.S. stock index futures pointed to a lower open on Thursday after Ukraine's president said Russian forces had been brought into his country, bringing concerns over the volatile region back into focus and overshadowing some positive economic data.
Aug 28- JPMorgan Chase& Co is investigating a possible cyber attack and working with law enforcement authorities to determine the scope, a company spokeswoman said on Thursday morning.
Stock futures reduced their drop Thursday, after the second estimate for second-quarter economic growth came in better than expected.
BOSTON, Aug 28- JPMorgan Chase& Co is investigating a possible cyber attack and working with law enforcement to determine the scope, company spokeswoman Trish Wexler said.
Some of the names on the move ahead of the open.
LONDON, Aug 28- European shares took a sharp tumble on Thursday as accusations by Ukraine that Russia had moved troops across the border brought a three-day global rally in risk assets to a shuddering halt. Ukrainian President Petro Poroshenko said Russian forces had entered Ukraine, and he convened his security and defense council to decide how to respond.
*Report of Russian troop movements into Ukraine brings concerns back to forefront. NEW YORK, Aug 28- U.S. stock index futures fell on Thursday after Ukraine's president said Russian forces had been brought into his country, bringing concerns over the volatile region back into focus.
LONDON, Aug 28- Emerging stocks retreated from three-year highs on Thursday, with Moscow- listed shares falling the most as reports of Russian military incursions into Ukraine dented hopes for a resolution to the crisis. The MSCI emerging equities index was down 0.4 percent, while debt insurance costs for Russia and Ukraine both rose to multi-week highs.
LONDON, Aug 28- The euro clung to modest gains and a rally in Europe's share and bond markets cooled on Thursday as investors put bets on possible fresh ECB stimulus next week on hold ahead of German inflation data.
*H1 revenue falls to $82.3 billion. LONDON, Aug 28- Revenue at the world's 10 largest investment banks fell 5 percent in the first half of the year, as continued weakness in fixed income trading departments outweighed a strong rebound in advisory services on deals, new data showed on Thursday.
JPMorgan Chase& Co was the victim of a recent cyber attack, according to two people familiar with the incident who asked not to be identified because they were not authorized to speak publicly about the matter. They declined to elaborate on the severity of the incident, saying JPMorgan was still conducting an investigation to determine what happened.
Bank of America Corp. fell$. 13 or. 8 percent, to $16.20. Citigroup Inc. fell$. 27 or. 5 percent, to $51.86. Morgan Stanley fell$. 27 or. 8 percent, to $34.13.
NEW YORK— The FBI said Wednesday it's working with the Secret Service to determine the scope of recently reported cyberattacks against several U.S. financial institutions.
A number of banks, including JPMorgan Chase and four others, were struck by hackers in a series of coordinated attacks this month.
Aug 27- JPMorgan Chase& Co and at least one other bank were attacked by Russian hackers in mid-August and the FBI is investigating whether the assault was in retaliation for U.S.-government sponsored sanctions against the country, according to a report by Bloomberg News citing two unnamed sources.
The euro turned higher in choppy trading Wednesday as traders reacted to headlines that the ECB is unlikely to take new action early next week.
WASHINGTON— Federal regulators on Wednesday voted to require financial firms that sell securities backed by loans, like the kind that fueled the 2008 financial crisis, to give investors details on borrowers' credit records and income. The Securities and Exchange Commission adopted the rules for securities linked to mortgages and auto loans on a 5-0 vote.
LONDON, Aug 27- German Bund yields reached record lows on Wednesday, as further evidence of the region's faltering economy fed market expectations for more European Central Bank stimulus.
WASHINGTON— The Congressional Budget Office on Wednesday forecast that the U.S. economy will grow by just 1.5 percent in 2014, undermined by a poor performance during the first three months of the year.