JPMorgan reported a drop in profit after paying penalties to the government for not reporting suspicions of fraud by Bernie Madoff.
Marty Mosby, Guggenheim Partners analyst, breaks down the big bank's fourth quarter results. The core profitability of the company is still intact, Mosby points out, despite paying billions in settlement fees to the government.
A host of movers and shakers on Wall Street and in Washington are hoping that Santa will grant them their biggest holiday wishes, reports CNBC's Dominic Chu.
JPMorgan CEO Jamie Dimon has sent out his holiday card, featuring his family and a lot of bouncing tennis balls, reported the news website Quartz.
The Feds allege JPMorgan should have known what Madoff was up to. Marc LoPresti, founder of LoPresti Law Group, and CNBC's Herb Greenberg, discuss the $2 billion fine the bank will pay the Feds for "turning a blind eye" to Madoff's fraudulent operations.
JPMorgan's Dimon was asked about his thoughts on the budget deal. Dimon thanked Congress profusely, because "the country is getting stronger every day." It's a good idea to not shoot ourselves in the foot, he adds. CNBC's Eamon Javers reports.
In an era of chastened Wall Street egos, Michael L. Corbat, the chief of Citigroup, has cultivated a workmanlike demeanor out of the spotlight. The NYT reports.
CNBC's Kate Kelly reports JPMorgan's CEO Jamie Dimon said in an investor call the president's task force wasn't aimed at JPM but rather at banks in the mortgage business. Someone had to be first, Dimon added.
CNBC's Kate Kelly reports JPMorgan is expected to sign the $13 billion agreement with the government to settle claims related to mortgage securities.
CNBC's Kate Kelly reports New York's Attorney General Eric Schneiderman is set to speak on the JPMorgan settlement at 2:15 pm.
Former Federal prosecutor Jacob Frenkel addresses why the DOJ and JPMorgan have to work out this deal, and shares his view of what happened. "The DOJ will not shut down the bank," he says.
CNBC's Kate Kelly breaks down the Justice Department's landmark settlement with JPMorgan.
NYPD has denied that its commissioner, Ray Kelly, was in talks with JPMorgan Chase about a senior role in security at the bank.
Former Treasury Secretary Hank Paulson commenting on the $13 billion fine levied on JPMorgan, said on CNBC that Jamie Dimon is a "very strong CEO."
Discussing the possibility of JPMorgan's $13 billion settlement with the Justice Department collapsing, and the acquisition of Bear Stearns, with Former U.S. Treasury Secretary Hank Paulson.
JPMorgan's massive $13 billion mortgage-related settlement with the Justice Department is at risk of collapsing. CNBC's Kate Kelly has the details.
Former Sen. Chris Dodd (D-CT), addresses the challenges in getting Dodd-Frank just right, and criticism over how long it has taken. Former Rep. Barney Frank (D-MA), weighs in.
Discussing what it would mean if JPMorgan's potential $13 billion settlement with the DOJ would collapse, with Former Rep. Barney Frank (D-MA), and Former Sen. Chris Dodd (D-CT).
CNBC's Kate Kelly reports that JPMorgan's tentative deal with the DOJ may be falling apart over who is responsible for the purchase of Washington Mutual loans gone bad.
CNBC's Dominic Chu and Bob Pisani eye shares of JPMorgan after Dow Jones reports the proposed settlement between JPMorgan and the Justice Department is at risk of collapsing.