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JPMorgan Chase & Co. (JPM)

  • May 26, 2010, 4:38 PM
    Lehman's lawsuit alleges JPMorgan (JPM) CEO Jamie Dimon and other top executives used inside knowledge to take advantage of Lehman as its financial state worsened, coercing Lehman to fork over $8.6B in collateral in September 2008 and triggering a liquidity squeeze that contributed to Lehman's collapse. (WSJ)
    | May 26, 2010, 4:38 PM | 1 Comment
  • May 26, 2010, 4:28 PM
    Lehman's bankruptcy estate sues JPMorgan (JPM), alleging JPM illegally siphoned billions of dollars from Lehman in the days before it filed for bankruptcy. JPM -0.7% AH.
    | May 26, 2010, 4:28 PM | 3 Comments
  • May 24, 2010, 3:39 PM
    Hedge funds still love Apple (AAPL) the best, according to Goldman Sachs' (GS) quarterly report, followed by BofA (BAC), Google (GOOG), Microsoft (MSFT) and JPMorgan Chase (JPM). Among the newcomers to the list: Baidu (BIDU), Kraft (KFT), Xerox (XRX), CIT Group (CIT). But the hedgies miss sometimes too, as evidenced by Google's 20% thud this year.
    | May 24, 2010, 3:39 PM | Comment!
  • May 24, 2010, 7:56 AM
    Six banks operating a 'dark pool' trading platform in Europe agree to start disclosing daily volumes amid increased regulatory scrutiny. The six banks are Credit Suisse (CS), Deutsche Bank (DB), JPMorgan (JPM), Morgan Stanley (MS) and UBS (UBS).
    | May 24, 2010, 7:56 AM | 4 Comments
  • May 22, 2010, 2:40 PM
    Washington Mutual and the FDIC finally reach a deal. WaMu will return $7B to its creditors, as part of an agreement that settles claims between WaMu's holding company and JPMorgan (JPM), which bought the failed bank in 2008. (previously)
    | May 22, 2010, 2:40 PM | Comment!
  • May 19, 2010, 4:50 PM
    JPMorgan Chase (JPM) abandons its demand for a $1.4B refund in exchange for a bigger upfront share of a Washington Mutual (WAMUQ.PK) bankruptcy settlement, hoping the concession may break a stalemate with WaMu bondholders and the FDIC.
    | May 19, 2010, 4:50 PM | Comment!
  • May 18, 2010, 2:10 PM
    Jamie Dimon retains the reins of power at JPMorgan Chase (JPM -0.9%), as shareholders reject a proposal for an independent chairman; Calpers had supported separating the roles. Dimon says the bank would raise its dividend after evidence of stronger U.S. employment, improved ability of consumers to pay debts and decisions from regulators about bank capital requirements.
    | May 18, 2010, 2:10 PM | 1 Comment
  • May 14, 2010, 7:10 AM
    The SEC reportedly opens a preliminary probe into Wall Street firms that sold muni bonds and then profited by betting against them. Several states are looking into the issue as well, including a California inquiry focused on BofA (BAC -1.9%), Barclays (BCS -4.2%), Citigroup (C -1.7%), Goldman (GS -0.8%), JPMorgan (JPM) and Morgan Stanley (MS -0.8%). (see also: I, II)
    | May 14, 2010, 7:10 AM | 2 Comments
  • May 13, 2010, 5:25 PM
    Jamie Dimon (JPM) and Lloyd Blankfein (GS)... beautiful people? CEOs are perceived to have more competent faces than non-CEOs, according to a Duke study, although the findings reveal no evidence that the firms of competent-looking CEOs actually perform better. It seems looks can indeed be deceiving.
    | May 13, 2010, 5:25 PM | Comment!
  • May 13, 2010, 10:07 AM
    The stunning perfect-every-day performance of Goldman (GS), JP Morgan (JPM), BofA (BAC) and Citigroup (C) is "another triumph of the rigged-market theory," Jonathan Weil says. "How exactly do these banks’ trading divisions make money? However they did it... this isn’t the way 'trading' works in the real world."
    | May 13, 2010, 10:07 AM | 18 Comments
  • May 13, 2010, 7:26 AM
    Along with Cuomo's probe, the SEC is said to be looking into banks' roles in mortgage-related deals and has issued civil subpoenas. Targets of the probe include JPMorgan (JPM), Citigroup (C), Deutsche Bank (DB), UBS (UBS), Goldman Sachs (GS) and Morgan Stanley (MS).
    | May 13, 2010, 7:26 AM | 1 Comment
  • May 11, 2010, 8:52 AM
    JPMorgan (JPM) joins Goldman (GS) in reporting a loss-free first quarter for its trading unit, averaging a daily profit of $118M. But the profit gains could backfire, serving as ammunition for lawmakers trying to apply a global bank tax and require higher liquidity levels. (see also)
    | May 11, 2010, 8:52 AM | 7 Comments
  • May 9, 2010, 2:11 PM
    Federal officials have reportedly launched criminal and civil investigations into whether JPMorgan (JPM) acted improperly to depress the price of silver.
    | May 9, 2010, 2:11 PM | 7 Comments
  • May 6, 2010, 5:22 PM
    Every financial services stock in the S&P 500 fell today on heavy volume. BAC -7.1%, C -3.3%, JPM -4.3%, WFC -4.5%. Regional banks hit hard: (ETF: RKH)
    | May 6, 2010, 5:22 PM | Comment!
  • May 5, 2010, 3:56 PM
    Some 70.4% of CEOs say they expect the U.S. economy to expand in the 2%-3% range this year, according to a survey. Jamie Dimon's (JPM) view seems to sum it up: "The health of the companies, both large and small, seems to be getting stronger all the time, and they have plenty of liquidity with which to grow and invest in the future."
    | May 5, 2010, 3:56 PM | 3 Comments
  • Apr. 28, 2010, 1:15 PM
    For the first time since 2007, junk bonds are within a half-cent of face value in another sign the credit markets have recovered from the freeze. Even after the junk rally, JPMorgan Chase (JPM) and Morgan Stanley (MS) are recommending investors buy the debt.
    | Apr. 28, 2010, 1:15 PM | Comment!
Company Description
JPMorgan Chase & Co is a financial services firm and a banking institution. its segments are Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking, and Asset Management.
Sector: Financial
Country: United States