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JP Morgan Chase

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JP Morgan profit misses expectations

14/10/2015(0)
Wall Street banking giant JP Morgan Chase reported higher profits in the three months to September but still missed analysts’ expectations. The largest US bank by assets posted a net ... Read More
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Top banks pay $300 b on post-crisis litigation – as costs continue to rise

09/06/2015(0)
The post-2010 legal and regulatory bills rose paid out by the top 16 banks in the world rose nearly 20 per cent in 2014 amidst signs that the charges ... Read More
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Justice Department Readies New Bank Settlements

05/06/2015(0)
Federal and state officials are preparing the next round of billion-dollar mortgage settlements involving U.S. and European banks Up to nine banks are in line for the next round ... Read More
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Biggest MasterCard Issuers Scuttled Deal on Target Data Breach

03/06/2015(0)
Citigroup, Capital One and J.P. Morgan Chase vetoed MasterCard’s deal with Target over hacked credit-card data Citigroup Inc., Capital One Financial Corp. and J.P. Morgan Chase & Co. rejected a $19 million pact backed by MasterCard Inc. last ... Read More
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Banks Expected to Settle FX Probes for Billions

07/05/2015(0)
Citigroup Inc., Barclays PLC, J.P. Morgan Chase & Co. and Royal Bank of Scotland Group are expected to plead guilty to rigging foreign-currency exchange rates and pay billions in ... Read More
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Oil Sector May Not Cause Financial Apocalypse After All

07/05/2015(0)
Across the oil patch, banks are starting to close off their exposure to some of the riskiest oil drillers. A new monthly survey from the Federal Reserve finds that banks that ... Read More
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JP Morgan Chase profits hit by legal costs

15/01/2015(0)
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 ... Read More
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