Seeking Alpha

JPMorgan Chase & Co. (JPM)

  • May. 28, 2010, 8:36 AM
    A group led by Centerbridge Partners LP and including Paulson & Co. and Blackstone (BX) wins an all-night $4B bidding war to take hotel chain Extended Stay out of bankruptcy protection. JPMorgan (JPM) and Deutsche Bank (DB) are significant backers.
    | Comment!
  • May. 28, 2010, 8:06 AM
    Toys R Us files for an $800M IPO. Toys R Us was bought in 2005 by KKR (KFN), Bain, and Vornado (VNO) for $6.6B. Underwriters: GS, JPM, BAC, CS, DB, C, WFC, MFG.
    | Comment!
  • May. 26, 2010, 4:45 PM
    Lehman's court filing says JPMorgan's (JPM) actions cost its estate "tens of billions of dollars of value," and sees $5B in direct damages from JPM's misconduct.
    | 1 Comment
  • 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)
    | 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. 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.
    | 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. 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)
    | 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.
    | 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.
    | 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. 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.
    | 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, 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).
    | 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. 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.
Visit Seeking Alpha's
JPM vs. ETF Alternatives
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