Financials Jamie Dimon

  • JPMorgan, Credit Suisse Pay $400 Million in Mortgage Case

    The Securities and Exchange Commission on Friday charged JPMorgan and Credit Suisse with misleading investors over mortgage-backed securities, and the firms agreed to pay more than $400 million in combined settlements, according to a press release.

  • MEXICO CITY, Nov 1- World finance chiefs this weekend will press the United States on how it can prevent its fiscal problems from hitting the global economy and will seek reassurance from Europe that it has a grip on its debt crisis.

  • Nov 1- A significant portion of customers in Wells Fargo& Co's $1.9 trillion mortgage servicing portfolio remain strong candidates for refinancings, the head of the bank's home lending unit said on Thursday.

  • Jamie Dimon

    The U.S. economy is on the mend and has been getting better, but JPMorgan CEO Jamie Dimon said chief executives he has spoken to have told him they are already making decisions to protect their companies from a looming "fiscal cliff."

  • Dimon: CEOs Fear Fiscal Cliff

    Jamie Dimon, CEO of JPMorgan, tells CNBC that regardless of who wins the election the US needs good policy needs to show that the country has the will to fix its fiscal problems.

  • Oct 24- Visa Inc said Charles Scharf, a former head of JPMorgan Chase& Co's retail financial services division, will succeed Joseph Saunders as chief executive, effective Nov. 1. Scharf worked closely with Jamie Dimon, chairman and CEO of JPMorgan, when the two men were at Citigroup Inc in the 1990 s.

  • NEW YORK-- Citigroup isn't as enthusiastic as its peers about a comeback in the housing market. On Friday, executives at Wells Fargo and JPMorgan Chase declared that the long-struggling market had turned a corner.

  • The country's two biggest mortgage lenders, Wells Fargo and JPMorgan Chase, reported Friday that a surge in home lending pushed them to record profits. JPMorgan CEO Jamie Dimon declared that the housing market "has turned the corner." JPMorgan wrote $47 billion in mortgages, compared with $37 billion last year.

  • *Pay falls at JPMorgan's investment bank in 3rd qtr. Oct 12- JPMorgan Chase& Co's investment bank set aside less revenue to pay employees last quarter, another sign that Wall Street bonuses are on the decline this year.

  • *JPMorgan's Dimon: housing has turned a corner. NEW YORK, Oct 12- U.S. consumer sentiment unexpectedly rose to its highest in five years in October in the latest in a string of encouraging signs from the economy that may boost President Barack Obama's re-election hopes next month.

  • NEW YORK-- Jamie Dimon, the CEO of JPMorgan Chase, is known as much for his swagger as for his banking savvy. Friday, when his bank reported triumphant results for the third quarter, was no exception.

  • JPMorgan Reports Record Results

    JPMorgan's earnings were a mixed bag, reports CNBC's Kayla Tausche, saying investment banking earnings declined sharply from last quarter amid lower volumes.

  • Dimon: Housing Turned a Corner

    CNBC's Kayla Tausche reports JPMorgan's Dimon said, "the housing market has turned the corner," in the company's earnings press release; CNBC's Diana Olick checks on which housing stocks are winners.

  • Oct 12- JPMorgan Chase& Co:. *JPMorgan executives speaking on analyst conference call. *JPMorgan CEO Jamie Dimon: will not price loans' a lot lower' to create demand.

  • Oct 12- JPMorgan Chase& Co:. *JPMorgan CEO Jamie Dimon: Expect mortgage servicing costs to decline in 2013. *JPMorgan CEO Dimon declines to comment on reports CFO Doug Braunstein will.

  • NEW YORK-- JPMorgan Chase, the country's biggest bank, reported a record quarterly profit Friday, helped by a surge in mortgage refinancing. It worked out to $1.40 per share, blowing away the $1.21 predicted by analysts polled by FactSet, a provider of financial data. Revenue rose 6 percent to $25.9 billion, beating expectations of $24.4 billion.

  • LONDON, Oct 12- U.S. stock index futures pointed to a fractionally higher open on Wall Street on Friday, with futures for the S&P 500 up 0.2 percent, and contracts on the Dow Jones and the Nasdaq 100 up 0.1 percent at 0828 GMT.

  • *JPMorgan has lower' London whale' losses than in 1st half. Oct 12- Two of the nation's biggest banks, Wells Fargo& Co and J.P. Morgan Chase& Co, made record profits over the last three months from a sharp rise in mortgage lending, though performance stumbles elsewhere hurt J.P. Morgan more than Wells Fargo.

  • NEW YORK, Oct 12- U.S. consumer sentiment unexpectedly rose to its highest in five years in October in the latest in a string of encouraging signs from the economy that may boost President Obama' s reelection hopes as voters go to the polls next month.

  • US Brokerage Stocks Are Vulnerable: Pro

    Todd Hagerman, Managing Director, Equity Research, Sterne Agee & Leach expects U.S. banks to turn in respectable profits this earnings season but says brokerage stocks are vulnerable given their run-ups so far this year.