JPMorgan Chase & Co. (JPM) - NYSE
  • Jan. 7, 2011, 7:15 AM

    Chinese regulators grant approval for JPMorgan's (JPM) JV with Shenzhen-based brokerage First Capital Securities, and to Morgan Stanley's (MS) tie-up with China Fortune Securities, allowing the two U.S. firms to underwrite stocks and bonds in one of the fastest growing securities markets in the world.

    | Jan. 7, 2011, 7:15 AM
  • Jan. 6, 2011, 1:53 PM
    Former Commerce Secretary Bill Daley is named Obama's new chief of staff, the White House announces. As leader of midwestern operations for JPMorgan Chase (JPM), Daley brings business experience some say the administration lacks.
    | Jan. 6, 2011, 1:53 PM | 14 Comments
  • Jan. 6, 2011, 1:32 PM
    Don't look now, but everyone's trying to sue JPMorgan Chase (JPM) - with litigants from Lehman Brothers to Madoff trustees seeking billions. Sure, that's a sign that you're doing well, but the bank has to put aside an increasing sum for lawsuits. Potential losses come to 13% of book value.
    | Jan. 6, 2011, 1:32 PM | 2 Comments
  • Jan. 6, 2011, 8:48 AM

    As their legal costs skyrocket, major banks like JPMorgan (JPM), BofA (BAC) and Citigroup (C) may find their profits imperiled.

    | Jan. 6, 2011, 8:48 AM | 4 Comments
  • Jan. 5, 2011, 1:54 PM
    Stocks continue to ease higher, but Dave Kansas sees three moves that may be telling a more bullish picture. Bank stocks are moving briskly higher, with JPM, WFC, BAC and C up more than 1%. Techs are also showing positive leadership. Cyclical stocks such as CAT and DE are strongly outpacing growth stocks, as investors bet on a solid economic rebound.
    | Jan. 5, 2011, 1:54 PM | 2 Comments
  • Jan. 4, 2011, 3:10 PM
    Some banks, including Bank of America (BAC) and JPMorgan Chase (JPM), have begun passing along costs triggered by Dodd-Frank to big corporate borrowers, adding language in loan documents that will help banks shift additional costs triggered by the new law. Some borrowers are resisting the new language.
    | Jan. 4, 2011, 3:10 PM | 5 Comments
  • Jan. 4, 2011, 8:19 AM

    The country's top 5 mortgage lenders, including BofA (BAC) and Wells Fargo (WFC), may be the first to reach settlements with state AGs over foreclosure practices, says Iowa Attorney General Tom Miller. Settlements aren't yet imminent but talks are well underway.

    | Jan. 4, 2011, 8:19 AM | 1 Comment
  • Jan. 3, 2011, 1:55 PM
    Financials start the year with a bang after Bank of America (BAC +6%) says it paid $3B to settle claims regarding mortgages sold to Fannie Mae (FNMA.OB) and Freddie Mac (FMCC.OB). SNV +6.4%, JPM +3.5%, C +2.5%. But big banks face challenges ranging from further regulatory attention on various revenue streams to limited channels for new growth.
    | Jan. 3, 2011, 1:55 PM
  • Jan. 3, 2011, 7:58 AM
    Financials getting a sympathy boost from BofA's mortgage settlement: C +1.7%, GS +1.5%, WFC +1.8%, MS +1.6%, JPM +1.2%.
    | Jan. 3, 2011, 7:58 AM
  • Dec. 30, 2010, 4:24 PM

    MBIA (MBI +14.6%) shares surged on word that JPMorgan Chase (JPM) and Barclays (BCS) have withdrawn their opposition to the company's restructuring plan. This may clear the path for MBIA to divide up its business and start providing new insurance contracts.

    | Dec. 30, 2010, 4:24 PM
  • Dec. 30, 2010, 9:24 AM

    Some big U.S. banks are starting to increase lending to businesses, banking analysts say. While the crisis forced banks to tighten lending standards and focus on restructuring problem loans, "as banks get healthier, they get more rational and reasonable about normal risk taking," a JPMorgan Chase (JPM) executive says.

    | Dec. 30, 2010, 9:24 AM | 2 Comments
  • Dec. 30, 2010, 7:51 AM
    JPMorgan (JPM) and several other defendants are sued in connection to Tom Petters' $3.65B Ponzi scheme, as receiver Douglas Kelley argues the $300M+ plus windfall defendants received gave them "an incentive to ignore red flags."
    | Dec. 30, 2010, 7:51 AM
  • Dec. 26, 2010, 4:48 PM
    A JPMorgan (JPM) customer explains why he uses payday loans, at 287% interest, over applying for a credit card: "Here, I feel respected. At J.P. Morgan, when I walk in, I feel very small, and not particularly important."
    | Dec. 26, 2010, 4:48 PM | 47 Comments
  • Dec. 23, 2010, 8:48 AM
    Morgan Stanley (MS) steals the top spot for IPOs with a 10.4% global marketshare on $72.7B of offerings, bumping JPMorgan (JPM) to No. 2 with $59.7B. But to get to the top of the league table, Morgan Stanley had to slash its average fee to 2.3%, the lowest of the top 10 banks.
    | Dec. 23, 2010, 8:48 AM
  • Dec. 22, 2010, 3:36 PM

    Regional banks are the day's top sector, with investor interest sparked by M&A activity and a growing perception that banks will thrive if the economy picks up. Canadian banks, in particular, are trying to snap up lenders to their south before prices climb further. RF +6.6%, FHN +4.3%, STI +3.3%, FITB +2.7%, ZION +2.4%. Big banks also gaining: BAC +3.3%, JPM +2.8%.

    | Dec. 22, 2010, 3:36 PM
  • Dec. 22, 2010, 2:11 PM

    "Bank stocks are extraordinarily cheap," Oppenheimer analyst Chris Kotowski enthuses, and will outpace the rest of the market as the economy improves. Banks should show continuing improvements in credit quality, better loan demand, and strong investment banking results, he says. Favorites: C, GS, JPM, MS, USB, WFC.

    | Dec. 22, 2010, 2:11 PM | 3 Comments
Company Description
JPMorgan Chase & Co. is a financial holding company that provides financial and investment banking services. It offers a range of investment banking products and services in all major capital markets, including advising on corporate strategy and structure, capital-raising in equity and debt... More
Sector: Financial
Industry: Money Center Banks
Country: United States