JPMorgan Chase & Co. (JPM) - NYSE
  • Oct. 27, 2010, 8:13 AM
    Deutsche Bank's (DB) Postbank stake pulled DB to a quarterly loss, but DB's I-banking performance is a bright spot. Though sales and trading revenue slipped 4%, the unit trounced the average 26% decline at Goldman (GS), BofA (BAC), Citi (C), JPMorgan (JPM), Morgan Stanley (MS), UBS (UBS) and Credit Suisse (CS).
    | Oct. 27, 2010, 8:13 AM
  • Oct. 26, 2010, 12:26 PM

    A group of large commercial banks asks the Supreme Court to review a March ruling requiring the Fed to disclose who came to the discount window during the crisis - but the Fed isn't joining in calls to reconsider. The Clearing House Association is a who's who of big banks, including BAC, C, DB, JPM, UBS, WFC.

    | Oct. 26, 2010, 12:26 PM | 2 Comments
  • Oct. 26, 2010, 9:46 AM
    Revenue is shrinking at U.S. banks and may continue to fall as the industry grapples with a new, tougher regulatory environment. Credit Agricole analyst Mike Mayo says investors should brace for a decade that will bring the “worst revenue growth” for U.S. banks in 80 years.
    | Oct. 26, 2010, 9:46 AM | 3 Comments
  • Oct. 25, 2010, 11:54 AM
    NYSE and Nasdaq are investigating "erroneous" warrant trades on 12 companies - mainly banks and insurers, including BAC, JPM, WFC, PNC, COF - that they say occurred in the two minutes before market opening.
    | Oct. 25, 2010, 11:54 AM | 4 Comments
  • Oct. 23, 2010, 5:15 PM
    In the latest sign of copper's ascendancy as the metal of the moment, JPMorgan (JPM) is rolling out a physical copper ETF. Justifying the timing, the firm pointed to constraints in expanding global copper-mine supply, revived consumption in the Western economies and continued strong demand in emerging markets.
    | Oct. 23, 2010, 5:15 PM | 9 Comments
  • Oct. 22, 2010, 9:43 AM
    A revealing infographic separates America's real corporate cash cows (GS, AAPL, GOOG, MSFT, INTC, QCOM) from the charlatans (JPM, BAC, T, CMCSA, VZ, IBM, GE). Bottom line: after factoring in debt, it's not $3.7T sitting on the sidelines, but rather -$750B.
    | Oct. 22, 2010, 9:43 AM | 10 Comments
  • Oct. 22, 2010, 7:49 AM

    Major U.S. lenders, including JPMorgan (JPM) and BofA (BAC), are said to be in talks with state attorneys general to resolve the nationwide probe into foreclosure practices. JPMorgan and BofA couldn't be reached for comment.

    | Oct. 22, 2010, 7:49 AM | 5 Comments
  • Oct. 21, 2010, 5:55 PM

    The top mortgage lenders and servicers are so big and unmanageable, Jonathan Weil writes, that the people in charge of running them have no way to know the extent of the foreclosure problem. "One of the lessons the public should have learned [from the subprime mortgage crisis] is that the leaders of these companies often have no idea what’s going on inside them."

    | Oct. 21, 2010, 5:55 PM | 3 Comments
  • Oct. 19, 2010, 4:53 PM
    JPMorgan's (JPM -1.3%) Jamie Dimon says his bank will manage new financial rules, but backs away from earlier comments that they are “not a big deal." He had been "speaking to a room of investors - that we can still do a great job for customers and shareholders." The U.S. won't double-dip: "We work hard, we are innovative, we adapt quickly."
    | Oct. 19, 2010, 4:53 PM
  • Oct. 19, 2010, 8:40 AM
    Signs of life in the CMBS market: Sources say Goldman (GS) and BofA (BAC) are expected to sell $3B of senior debt left over from the 2007 sale of Hilton Worldwide to Blackstone (BX), while JPMorgan (JPM) and Deutsche Bank (DB) are expected to sell a $2B loan connected to the Extended Stay hotel chain by the end of the month.
    | Oct. 19, 2010, 8:40 AM
  • Oct. 18, 2010, 6:31 PM

    How great is it to play with the house's money? Look at the still-thriving practice of securities lending, where pension funds and mutuals lend stocks and bonds to the Street in return for cash that banks like JPM invest - then the banks take a big cut of the profits, but leave the funds to absorb all the losses.

    | Oct. 18, 2010, 6:31 PM
  • Oct. 18, 2010, 4:05 PM
    Market recap: Financials lifted stocks in the morning after Citigroup's (C +5.6%) beat, and equities powered out of rangebound trading in the afternoon, finishing close to 2010 highs. Other banks riding the wave: WFC +5.5%, BAC +3%, JPM +2.9%. Crude jumped as the dollar slipped -0.3% against yen, -0.1% against euro. Tech bellwethers Apple (AAPL) and IBM about to report.
    | Oct. 18, 2010, 4:05 PM | 1 Comment
  • Oct. 16, 2010, 2:32 PM
    BofA (BAC) said the costs of foreclosure delays have been "grossly distorted," but Dick Bove isn't convinced. He thinks banks could face losses of more than $80B, not so much because of a halt in foreclosures but because of the investor and homeowner lawsuits that will almost certainly follow.
    | Oct. 16, 2010, 2:32 PM | 19 Comments
  • Oct. 15, 2010, 5:55 PM

    These five economic barometer stocks point to a higher market: Alcoa (AA), Pepsico (PEP), CSX (CSX), Intel (INTC) and JPMorgan Chase (JPM). They tell us that we’re shipping more goods, sales are improving, capital expenditure is rising in key areas such as consumer goods and railroads, and credit card debt write-offs are declining - in total, much more revealing than GDP numbers.

    | Oct. 15, 2010, 5:55 PM | 13 Comments
  • Oct. 15, 2010, 12:12 PM
    The S&P 500 turned positive for a bit around today's Fed open market operations, but has slipped back into the red (-0.2%, to 1,171) - and the Dow's lower still, weighed down by GE (GE -5.1%) after its report of 5% lower revenue. Banks are tanking for a second day: BAC -4.3%, JPM -3.2%, WFC -3.2%, C -1.9%.
    | Oct. 15, 2010, 12:12 PM
  • Oct. 14, 2010, 4:05 PM
    Market recap: Despite a last-hour push, stocks' four-day win streak ends as even the Dow falls a dollar (and 51 cents) short, to 11,094.57. In sectors, financials suffered as stacked-up bad foreclosure news weighed on banks: C -4.2%, BAC -5.2%, JPM -3.2%, WFC -4.2%. The dollar was pummeled (-0.9% against euro, -0.4% against yen) and the long-bond auction was weak. Gold touched a new high of $1,383.90.
    | Oct. 14, 2010, 4:05 PM | 4 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