Search Results for: JP Morgan Chase & Co
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 ...
Bitcoin exhange allegedly owned by bank hack mastermind pleaded not guilty to money laundering
November 18th, 2015
Murgio pleads not guilty to charges of money laundering Bitcoin exchange allegedly owned by bank hack mastermind A man accused of operating a bitcoin exchange allegedly owned by the mastermind of a criminal enterprise that hacked at least nine ...
What Morgan Stanley will do to boost profit
November 12th, 2015
Exclusive: Morgan Stanley turns to stodgy bank accounts to boost profit Morgan Stanley, (MS.N) better known for underwriting bonds than for retail banking, plans to offer savings accounts and certificates of deposits next year to wring more profit from ...
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 ...
Goldman, Morgan Stanley win back hedge fund trading business
October 7th, 2015
Goldman Sachs and Morgan Stanley are winning back the trading business of hedge fund clients that they lost to European rivals during the financial crisis, as new capital rules spur banks like Deutsche Bank to scale down their businesses. ...
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 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 ...
UBS Diverts $5 Billion of Asia Deposits to Curb Basel III Costs
September 4th, 2015
UBS Group AG has shifted more than $5 billion of riskier Asia-Pacific deposits into alternative cash investments as new rules raise the cost of holding them. The world’s largest manager of millionaires’ money has helped some clients such as ...
