Search Results for: JP Morgan
JPMorgan Working With On Deck to Speed Small-Business Loans
December 2nd, 2015
Bank plans to offer a new lending product with On Deck in 2016 Executive: `We’ll be able to offer almost real-time approvals’ JPMorgan Chase & Co., the biggest U.S. bank, is collaborating with On Deck Capital Inc. to dramatically ...
JPMorgan’s 2014 Hack Tied to Largest Cyber Breach Ever
November 11th, 2015
Online gambling, bitcoin scam, money laundering among charges Hackers took data on 100 million customers, U.S. alleges The U.S. described a vast, multi-year criminal enterprise centering on hacks of at least nine big financial and publishing firms and the ...
Ex-JPMorgan Broker Admits Stealing $22 Million for Gambling
November 6th, 2015
Michael Oppenheim pleads guilty in Manhattan federal court Ex-broker also used investor money to pay bills, trade stocks A former JPMorgan Chase & Co. broker admitted he stole more than $22 million from customer accounts and used the money to gamble ...
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 ...
JPMorgan ordered to face London Whale class action in U.S.
September 30th, 2015
JPMorgan Chase & Co shareholders on Tuesday won court permission to pursue their securities fraud lawsuit against the bank over the “London Whale” trading scandal, which caused a $6.2 billion loss, as a class action. U.S. District Judge George ...
JPMorgan reduced its stake in Plus500
September 28th, 2015
Plus500 has issued a report to inform on a transaction in its shares. A Notification of Major Interest in Shares shows that JPMorgan has reduced its holding in Plus500 to 6.66% by selling 1,491,359 Ordinary Shares from the 9,147,434 ...
JPMorgan reaped $150 million dividend from Henry Bath before sale: filing
September 25th, 2015
JPMorgan Chase & Co reaped a $150 million dividend from its metals storage business Henry Bath & Son before selling its physical commodities business last October, as the firm reported its first loss in over a decade, a filing ...
Sebi inspecting JPMorgan MF’s books
September 8th, 2015
Market regulator Sebi has started inspecting the books of the troubled JPMorgan Mutual Fund and is also looking into its processes to see what went wrong with two of the fund house’s schemes – JPMorgan India Treasury Fund and ...
JPMorgan, Simpson Sued Over Mistake in GM Loan: Business of Law
August 4th, 2015
It was only a matter of time. One of the participants in a $1.5 billion term loan that JPMorgan Chase & Co. made to General Motors Corp. before its bankruptcy is now suing the bank and its lawyers at ...
JPMorgan $12.5 Billion Short in Fed Systemic-Risk Charges
July 21st, 2015
JPMorgan Chase & Co. still has a shortfall of as much as $12.5 billion in meeting capital rules approved by the Federal Reserve on Monday. The Fed assigned capital charges totaling more than $200 billion for eight of the ...
