JPMorgan must face a class action lawsuit by investors who claimed the largest U.S. bank misled them about the safety of mortgage-backed securities.
JPMorgan was the top performing investment bank in the first half of the year, making $11.5 billion in revenue, data showed on Thursday.
Jonathan Slone, Chairman & CEO at CLSA, describes how the firm is integrating its various Chinese businesses and its plans for international expansion.
Former U.S. House Majority Leader Eric Cantor will join investment bank Moelis & Co as vice chairman and managing director, the company said.
Bankers, traders and fund managers are practicing yoga in order to build their mental faculties and improve their ability to focus.
"It's definitely politics. It has nothing to do with justice or restitution to the innocent victims," former Wells Fargo chief Dick Kovacevich says.
After what has been a difficult start to the year for Japanese equities, fund managers are now upping their allocations to the sector.
New York's AG says individual investors thought they were diving into "safe waters" when investing with Barclays, but those waters were "full of predators."
Some brands make such an impression that the notion of them dissolving is unthinkable. Click ahead to see iconic brands that have vanished.
We need to have more governmental policy, says Larry Fink, BlackRock CEO & chairman, sharing his thoughts on how to put the economy back on track though tax reform and infrastructure programs. There has to be a public/private type of combination, says Fink.
There is a huge pool of money that needs to be put to work, says Larry Fink, BlackRock CEO & chairman, providing his thoughts on investing in stocks and bonds.
Larry Fink, BlackRock CEO & chairman, shares his thoughts on the crisis in Iraq.
Larry Fink, BlackRock CEO & chairman, shares his thoughts on the job market. There are pockets were employers are finding it more difficult to hire people and that is causing fragmentation, Fink says.
Larry Fink, BlackRock CEO & chairman, shares his thoughts on central bank policies, equity valuations and inflation. I believe we are going to have higher trending inflation in the United States versus Europe, says Fink.
Larry Fink, BlackRock CEO & chairman, shares his thoughts on Fed policy and its impact on the economy.
JPMorgan was again ranked the top investment bank by revenue in the first quarter with $5.9 billion, according to a new survey.
The New York attorney general’s office is expected to announce that Capital One has agreed to change its use of the largest database, ChexSystems.
Stocks are calm, but investors need to be vigilant against complacency because it can lead to upheaval in the market, Goldman Sachs CEO tells CNBC.
Ken Moelis, CEO of the investment bank Moelis & Co., thinks corporate boards should stand firm against activist investors.
This bank's "sins" are 6 to 8 years old and the good things are all coming, value investor Bill Smead tells CNBC.