Search Results for: J.P. Morgan Chase
J.P. Morgan Securities admits to manipulative trading in U.S. Treasuries
September 30th, 2020
The Securities and Exchange Commission announced charges against J.P. Morgan Securities LLC, a broker-dealer subsidiary of JPMorgan Chase & Co., for fraudulently engaging in manipulative trading of U.S. Treasury securities. J.P. Morgan Securities admitted the findings in the SEC’s ...
SFC reprimands and fines two JP Morgan entities HK$5.6 million for regulatory breaches
October 20th, 2016
The Securities and Futures Commission (SFC) has reprimanded J.P. Morgan Securities (Asia Pacific) Limited (JPMSAP) and JPMorgan Chase Bank, National Association (JPMCB), and fined them $3 million and $2.6 million respectively for regulatory breaches including disclosure failures in research ...
J.P. Morgan Executives Say Regulators Should Approve IEX as Exchange
March 23rd, 2016
The country’s largest bank is siding with upstart market IEX Group Inc. in its effort to create a new stock exchange that pledges to be a haven for long-term investors. Executives at J.P. Morgan Chase & Co. say regulators should approve IEX’s ...
Shareholders of J.P. Morgan and Citigroup will vote about the potential the banks break up into smaller pieces
March 17th, 2016
The proposal will be included in the banks’ proxy filings at the request of a shareholder activist Shareholders of J.P. Morgan Chase & Co. and Citigroup Inc. will get to vote later this year on one of the most ...
J.P. Morgan to Pay $1.42 Billion to Settle Most Lehman Claims
January 26th, 2016
Deal doesn’t resolve all of failed investment bank’s claims against J.P. Morgan J.P. Morgan Chase & Co. has agreed to pay the remnants of Lehman Brothers Holdings Inc. $1.42 billion in cash to settle most of the failed investment bank’s ...
J.P. Morgan’s Earnings and Revenue Rise, Beating Expectations
January 14th, 2016
The New York firm kicks off earnings season for big U.S. banks J.P. Morgan Chase & Co. said its fourth-quarter profit beat expectations thanks in part to cost-cutting and higher earnings within its investment banking division. The largest U.S. bank ...
J.P. Morgan Fires KCG Holdings as Its NYSE Market Maker
January 7th, 2016
Virtu Financial appointed as J.P. Morgan’s new NYSE market maker J.P. Morgan Chase & Co. has replaced its market maker on the floor of the New York Stock Exchange with Virtu Financial Inc., according to a trader notice sent ...
J.P. Morgan to Increase Deposit Rates for Some Big Clients in January
December 29th, 2015
Bank is among first of big peers to boost deposit rates after Fed decision on interest rates J.P. Morgan Chase & Co. will raise deposit rates for some of its biggest clients in January, according to a person familiar with ...
J.P. Morgan to Pay $267 Million for Disclosure Failures
December 21st, 2015
The Securities and Exchange Commission announced that two J.P. Morgan wealth management subsidiaries have agreed to pay $267 million and admit wrongdoing to settle charges that they failed to disclose conflicts of interest to clients. An SEC investigation found that ...
SFC reprimands and fines three JP Morgan entities a sum of $30 million for regulatory breaches
December 16th, 2015
The Securities and Futures Commission (SFC) has reprimanded J.P. Morgan Broking (Hong Kong) Limited (JPMBHK), J.P. Morgan Securities (Asia Pacific) Limited (JPMSAP) and J.P. Morgan Securities (Far East) Limited (JPMSFE) (collectively “JP Morgan”), and fined them $15 million, $12 ...
