*MSCI world share index dips 0.3 pct, European shares edge up. Treasuries rose after the World Bank sharply cut its outlook for world growth this year to 2.4 percent from 3 percent, citing a slow recovery in developed nations.
LONDON, Jan 16- JPMorgan Chase& Co has reached an out-of-court settlement over its lawsuit against the former boss of Bruno Iksil, the trader known as the "London Whale" for huge bets he took that cost the bank $6.2 billion, a person familiar with the matter said. JPMorgan said last July it was seeking to claw back pay from those people it held responsible for the losses.
*JPMorgan, Goldman Sachs earnings jump. Goldman Sachs shares hit their highest level since May 31, 2011 as earnings nearly tripled on increased revenue from dealmaking and lower compensation expenses, while JPMorgan Chase said fourth-quarter net income jumped 53 percent and earnings for 2012 set a record.
*JPMorgan, Goldman Sachs earnings jump. Goldman Sachs shares hit their highest level since June 2011 as earnings nearly tripled on increased revenue from dealmaking and lower compensation expenses, while JPMorgan Chase said fourth-quarter net income jumped 53 percent and earnings for 2012 set a record.
*MSCI world share index dips 0.3 pct, European shares edge up. NEW YORK, Jan 16- World stock markets fell modestly on Wednesday while prices of safe-haven German bonds and U.S.
European shares ended mostly flat on Wednesday, bouncing off intraday lows as many investors used the early dip to boost their exposure to equities.
PARIS, Jan 16- European shares pared losses and turned flat in late trading on Wednesday, with traders mentioning brisk buying interest each time the market dips as fund managers look for opportunities to boost their exposure to equities.
*JPMorgan, Goldman Sachs earnings jump. NEW YORK, Jan 16- U.S. stocks fell off five-year highs on Wednesday as concerns about global economic growth offset strong bank results and shares of Boeing weighed on the Dow after two Japanese airlines grounded their Dreamliner fleets.
*Net income $5.69 billion vs $3.73 billion year earlier. NEW YORK, Jan 16- JPMorgan Chase& Co's board of directors cut Chief Executive Jamie Dimon's annual bonus in half, citing the company's $6.2 billion "London Whale" trading loss, the company said on Wednesday.
U.S. stock index futures were lower Wednesday as worried over global economic growth overshadowed a pair of strong bank earnings.
*JPMorgan, Goldman Sachs earnings jump. NEW YORK, Jan 16- U.S. stocks were set to retreat from five-year highs at the open Wednesday despite strong bank results on concerns about global economic growth, with shares of Boeing pressured after two Japanese airlines grounded their Dreamliner fleets.
*Net income $5.69 billion vs $3.73 billion year earlier. NEW YORK, Jan 16- JPMorgan Chase& Co's board of directors cut Chief Executive Jamie Dimon's bonus in half, citing the company's $6.2 billion "London Whale" trading loss, the company said on Wednesday.
*JPMorgan, Goldman Sachs earnings jump. NEW YORK, Jan 16- U.S. stock index futures slipped on Wednesday with shares of Boeing set to weigh on the market after two Japanese airlines grounded their Dreamliner fleets. JPMorgan Chase& Co said fourth-quarter net income jumped 53 percent and earnings for 2012 set a record, while earnings at Goldman Sachs nearly tripled.
*Net income $5.69 billion vs $3.73 billion year earlier. NEW YORK, Jan 16- JPMorgan Chase& Co's board of directors cut CEO Jamie Dimon's bonus in half following an investigation into the company's $6.2 billion "London Whale" trading loss, the company said on Wednesday.