There's a reason that people keep using the phrase "last of a breed" to describe Alan "Ace" Greenberg, the former Bear Stearns CEO who died Friday.» Read More
Seemingly unaffected by the end of the 16-day partial U.S. government shutdown, mortgage applications barely moved last week.
As JPMorgan Chase braces for an expected $13 billion settlement over its mortgage-securities sales, it's keeping an eye on one key player.
Wall Street firms like JPMorgan and Goldman Sachs may have to make cuts in the face of new regulation and the gridlock in Washington. NYT reports.
Happy Jobs Tuesday, which has such a wrong ring to it, but we must adapt and persevere.
The potential settlement may go a long way toward appeasing anger at the big banks but probably won't help consumers get a mortgage.
JPMorgan chief Jamie Dimon says it’s worth $13 billion to get past the securities fraud cases, but some think the fine is too harsh.
Stocks finished narrowly mixed in lackluster trading Monday, after the S&P 500 hit another record high and as investors were reluctant to make big bets ahead of the September government jobs report.
"We end up buying things that had been disappointing for others," says Oakmark's Bill Nygren.
More monetary easing in Japan will present opportunity, Joe Terranova of Virtus Investment Partners says.
JPMorgan's potential $13 billion fine won't end Jamie Dimon's run as chairman and chief executive.
Raoul Weil, a Swiss citizen and former executive at UBS, has been arrested in Italy and is wanted in the US for allegedly helping with tax dodges.
U.S. stock index futures pointed to a narrowly lower open on Monday.
"We're trying to get it resolved," JPMorgan's CEO told CNBC, amid news the bank has reached a tentative $13 billion mortgage settlement.
Happy Monday. If you're Jamie Dimon, a JPMorgan Chase shareholder or one of the bank's customers—not so much.
JPMorgan's tentative $13 billion mortgage settlement with federal and state regulators is a "terrible deal," former prosecutor and SEC lawyer Jacob Frenkel told CNBC.
U.S. housing regulators want to fine Bank of America more than $6 billion for misleading mortgage agencies during the housing boom.
Karnit Flug has been appointed as the next governor of the Bank of Israel, the prime minister's office said on Sunday.
Stocks closed out the week in positive territory, with the S&P 500 extending gains to a new high, as Wall Street cheered some better-than-expected corporate earnings results.
J.P. Morgan Chase has reached a tentative $4 billion settlement with the Federal Housing Finance Agency, Dow Jones reported on Friday, citing sources.
But for Morgan Stanley, "you have more good news to come," Mike Mayo of CLSA says.