Search Results for: JP Morgan Chase & Co
Asia Stocks Swing as Aussie, Copper Slide on China; Oil Retreats
August 10th, 2015
Asian stocks swung between gains and losses and the Australian dollar slipped after a slump in Chinese exports and producer prices. Copper fell, while crude oil retreated toward this year’s low after U.S. producers added rigs. The MSCI Asia ...
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 ...
European Banks Face Capital Hit From Second-Quarter Bond Selloff
July 23rd, 2015
The bond market selloff in the second quarter probably dented the capital defenses of many European banks, with lenders in Italy and Spain hit hardest. The extent of the damage will be disclosed when banks report earnings starting this ...
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 ...
JPMorgan to pay over $125 million to settle U.S. credit card debt probes
July 8th, 2015
JPMorgan Chase & Co has agreed to pay at least $125 million to settle probes by U.S. state and federal authorities that the bank sought to improperly collect and sell consumer credit card debt, according to people familiar with ...
Barclays Selects JPMorgan to Replace Credit Suisse as Broker
June 25th, 2015
Barclays Plc picked JPMorgan Chase & Co. to replace Credit Suisse Group AG as a corporate broker amid a review of the bank’s performance by new Chairman John McFarlane. Deutsche Bank AG retained its advisory role. JPMorgan was chosen ...
J.P. Morgan, SEC in Settlement Talks Over Product Steering
June 25th, 2015
J.P. Morgan, other banks have faced more scrutiny on conflicts policies from OCC J.P. Morgan Chase & Co. is in talks with the Securities and Exchange Commission to settle a probe into whether the bank inappropriately steered private-banking clients to ...
HSBC and JP Morgan may relocate parts of their business to Luxembourg from UK
June 16th, 2015
HSBC Holdings Plc (HSBA.L) and JPMorgan Chase & Co (JPM.N) are in talks to relocate parts of their businesses to Luxembourg from the UK as they weigh the possibility of a British exit from the European Union, the Times ...
Some Financial Heavyweights Just Invested in a Trading Platform Linked to Bitcoin
June 10th, 2015
Symbiont, which plans to use bitcoin’s underlying technology to make it quicker and cheaper to transfer assets between buyers and sellers, has won the backing of several financial industry heavyweights. The company, according to a statement Tuesday, has raised ...
ICAP Said to Consider Circuit Breakers for Treasury Bond Trading
June 5th, 2015
ICAP Plc, which runs one of the world’s biggest electronic Treasury trading platforms, is considering circuit breakers as a safeguard against extreme volatility, according to a person familiar with the matter. ICAP has discussed with clients the possibility of ...
