Search Results for: JP Morgan Chase
JP Morgan Chase profits hit by legal costs
January 15th, 2015
JP Morgan Chase, the US’s largest bank, has reported a 6.6% fall in quarterly profits after being hit by legal costs. The bank paid almost $1bn (£659m) in costs due to a range of investigations into alleged wrongdoing, and ...
JP Morgan Chase retail counsel leaves bank
August 12th, 2014
Matthew Biben, JPMorgan Chase & Co’s retail-banking general counsel, has left the bank in an overall three years of service. The position was filled by his replacement, Jill Centella, global head of litigation and acting consumer and community. Biben ...
Bitcoin and ethereum slide after JPMorgan Chase boss slams cryptocurrencies as “fraud”
September 13th, 2017
JPMorgan Chase chief executive Jamie Dimon slammed cryptocurrencies as a “fraud” last night, pushing the already slipping value of Bitcoin down another notch. Bitcoin hit a three-week low today following his remarks, dropping 5.6 per cent to $3,953, while ...
JPMorgan Chase Paying $264 Million to Settle FCPA Charges
November 18th, 2016
The Securities and Exchange Commission today announced that JPMorgan Chase & Co. has agreed to pay more than $130 million to settle SEC charges that it won business from clients and corruptly influenced government officials in the Asia-Pacific region ...
JPMorgan Chase Institute Launches Local Consumer Commerce Index of Everyday Spending in 15 U.S. Cities
March 30th, 2016
A Measure of the Monthly Year-Over-Year Everyday Spending Growth Reveals 2.3 Percent Increase in December 2015, Driven by Spending at Small Businesses and by Younger and Lower-Income Consumers Today, the JPMorgan Chase Institute released the Local Consumer Commerce Index (LCCI) – ...
JPMorgan Chase is building a rival to Apple Pay
October 27th, 2015
JPMorgan Chase said on Monday it will soon launch its own competitor to Apple Pay that will allow consumers to pay retailers using their smartphones in stores, and it has already won the endorsement of a major group of ...
Holding in Company – JPMorgan Chase & Co.
May 18th, 2015
On 15 May 2015, Plus500 was informed that JPMorgan Chase & Co., and its controlled undertakings, have an aggregate relevant interest in 7,100,879 shares or 6.18% of the issued share capital of Plus500 Limited. The interest is shown below. ...
Formal warning issued by The Reserve Bank of New Zealand to JPMorgan Chase Bank, N.A. New Zealand Branch
March 6th, 2015
The Reserve Bank of New Zealand (RBNZ) has issued a formal warning to JPMNZ under section 80 of the Anti-Money Laundering and Countering Financing of Terrorism Act 2009. As the supervisor of banks and other reporting entities for compliance ...
The $9 Billion Witness: Meet JPMorgan Chase’s Worst Nightmare
November 10th, 2014
She tried to stay quiet, she really did. But after eight years of keeping a heavy secret, the day came when Alayne Fleischmann couldn’t take it anymore. “It was like watching an old lady get mugged on the street,” she ...
JPMorgan Chase Earns 19 Percent Less to Start the Year
April 14th, 2014
JPMorgan Chase (JPM), the largest but no longer the most profitable U.S. bank, announced a 19 percent decline in first-quarter earnings this morning, with weaker income from trading and sluggish mortgage activity. Shares fell as much as 3.7 percent ...
