JPMorgan Chase & Co

JPMorgan in talks to lead Lyft's IPO: Sources

Lyft plans to interview investment banks next month as it puts together its roster of IPO underwriters, the sources added, cautioning that no roles have formally been awarded.

Sep 26, 2018, 15:29 PM IST

JPMorgan reaches beyond its branches with new mobile account app

The bank is starting with an initial test of the app account for Apple phone users with ZIP codes in St. Louis, where Chase has no branches, which might influence the trial.

Oct 23, 2017, 09:39 AM IST

JPMorgan, Microsoft, Intel and others form new blockchain alliance

JPMorgan Chase & Co, Microsoft Corp, Intel Corp and more than two dozen other companies have teamed up to develop standards and technology to make it easier for enterprises to use blockchain code Ethereum in the latest push by large firms to move toward distributed ledger systems.

Feb 28, 2017, 09:16 AM IST

JPMorgan to pay over $250 mn to settle US government probe of China hiring

JPMorgan Chase & Co will pay more than $250 million to settle allegations by the U.S. government that it had hired children of Chinese decision makers to win business, a source familiar with the matter told Reuters.

Nov 17, 2016, 08:55 AM IST

Brexit impact: JPMorgan could move thousands of staff out of UK

JPMorgan has 16,000 employees in Britain.

Jul 07, 2016, 13:21 PM IST

JPMorgan quarterly profit falls 6.7% hurt by drop in investment banking revenue

JPMorgan Chase & Co, the biggest US bank by assets, reported a 6.7 percent drop in quarterly profit as costs to cover possible sour loans to troubled shale oil companies rose and revenue from trading and investment banking declined.

Apr 13, 2016, 17:23 PM IST

Obama''s inversion curbs kill Pfizer''s $160 bln Allergan deal

U.S. drug maker Pfizer Inc agreed on Tuesday to terminate its $160 billion agreement to acquire Botox maker Allergan Plc, in a major victory to U.S. President Barack Obama`s drive to stop tax-dodging corporate mergers.

Apr 06, 2016, 12:22 PM IST

US announces charges in JPMorgan hacking case

US prosecutors on Tuesday unveiled criminal charges accusing three men of helping run a sprawling series of hacking and fraud schemes.

Nov 10, 2015, 23:26 PM IST

JPMorgan, Goldman Sachs, Morgan Stanley to form data company: Report

JPMorgan Chase & Co , Goldman Sachs Group Inc and Morgan Stanley are working to create a company that will pull together and clean reams of data used to determine pricing and transaction costs, the Wall Street Journal reported.

Aug 20, 2015, 08:57 AM IST

Petrobras hires JPMorgan for asset sales, sources say

Petróleo Brasileiro SA has hired JPMorgan Chase & Co to manage $3 billion in planned asset sales for this year, as fallout from a corruption scandal shuts access to financing for Brazil`s state-controlled oil producer, two sources with direct knowledge of the situation said on Wednesday.

Feb 26, 2015, 09:26 AM IST

JPMorgan eyes $1.4 billion in cost savings in 2015

JPMorgan Chase & Co said on Tuesday it aims to save about $1.4 billion in annual expenses, mainly in consumer and investment banking, as a proposed government requirement to hold more capital is expected to pinch profits.

Feb 25, 2015, 09:16 AM IST

JPMorgan CEO Dimon says he struggled with disclosing his cancer

Jamie Dimon, the chief executive of JPMorgan Chase & Co, said on Monday that he struggled with having to publicly disclose in July that he had throat cancer.

Jan 13, 2015, 11:07 AM IST

JPMorgan data breach entry point identified: Report

A computer breach at JPMorgan Chase & Co earlier this year could have been avoided if the bank had installed a simple security fix to an overlooked server in its network, the New York Times reported, citing people briefed on investigations.

Dec 23, 2014, 08:47 AM IST

JPMorgan CEO Dimon says has curable throat cancer

JPMorgan Chase & Co Chief Executive Jamie Dimon told the bank`s employees and shareholders on Tuesday that he has been diagnosed with curable throat cancer.

Jul 02, 2014, 05:10 AM IST

JPMorgan names Kulkarni head of investment banking for India

JPMorgan Chase & Co has named Kaustubh Kulkarni as its head of India investment banking to replace Rohit Chatterji.

Jun 09, 2014, 10:40 AM IST

JPMorgan fails to end lawsuit over London Whale losses

JPMorgan Chase & Co must face a lawsuit from shareholders accusing it of securities fraud by misleading them about its ability to manage risk, which surfaced when it lost USD 6.2 billion in the "London Whale" scandal.

Apr 01, 2014, 06:43 AM IST

JPMorgan to cut 8,000 jobs, lowers 2014 profit target

JPMorgan Chase & Co , the largest U.S. bank, announced thousands of job cuts on Tuesday as the mortgage lending business slows, and said it was lowering its profitability target.

Feb 26, 2014, 09:56 AM IST

JPMorgan, Citigroup picked for Axis Bank stake sale: Sources

India has chosen JPMorgan Chase & Co, Citigroup Inc and JM Financial Ltd to help sell half of the government`s stake in Axis Bank Ltd valued at USD 925 million, said three people involved in the process.

Jan 21, 2014, 16:08 PM IST

JPMorgan profit beats estimates on lower costs, provisions

JPMorgan Chase & Co reported a better-than-expected adjusted quarterly profit as the biggest US bank kept a lid on costs and set aside less money to cover bad loans.

Jan 14, 2014, 20:12 PM IST

JPMorgan Chase plans to exit prepaid card business

JPMorgan Chase & Co plans to sell or wind down its business of issuing prepaid cards for corporate payrolls and government tax refunds and benefits, the company said on Thursday.

Jan 09, 2014, 23:17 PM IST