JPMorgan to pay widow $7.1m of multibillion verdict

2018-08-03 07:02

JPMorgan Chase & Co has been ordered to pay $7.1m to the widow of a deceased American Airlines executive in a ruling that largely wiped out her portion of a $8bn verdict against the bank for mismanaging the family estate.

JPMorgan R1.7bn loan loss said to be tied to Steinhoff

2018-01-12 15:00

The bank's equities business has taken a big hit from the Stellenbosch-headquartered retail conglomerate.

US demands guilty plea in forex rigging deal

2015-05-15 09:15

JPMorgan Chase says the US Justice Department will require the bank to plead guilty to settle charges it conspired with other banks to rig the forex market.

JPMorgan faces US criminal probe on forex trade

2014-11-04 10:56

The US Department of Justice has launched a criminal investigation of JPMorgan Chase's foreign exchange trading business, the bank disclosed.

JPMorgan Chase profits dip on trading

2014-07-15 14:35

US banking giant JPMorgan Chase has reported a drop in second-quarter earnings on lower mortgage banking profits and weaker trading revenues.

Top 10 bank fines

2014-07-01 10:10

A list of the 10 largest fines in US banking history - but new records are looming.

JPMorgan Chase to cut 5 000 jobs

2014-02-25 20:15

US banking giant JPMorgan Chase is set to eliminate 5 000 jobs from its global workforce this year.

JPMorgan to pay $2.6bn for Ponzi fraud

2014-01-08 10:47

JPMorgan Chase will pay $2.6bn to resolve charges that its lax oversight enabled the multibillion-dollar Ponzi scheme of Bernard Madoff.


JPMorgan sued over 'sky-high' fees for cryptocurrency buys

2018-04-11 22:34

JPMorgan Chase & Co was sued for charging "sky-high" interest rates and fees to customers who used their credit cards to buy cryptocurrencies such as Bitcoin.

JPMorgan CEO: It's almost an embarrassment to be an American

2017-07-16 15:17

JPMorgan Chase chief executive Jamie Dimon ripped into the political gridlock in Washington and said Friday that they dysfunction threatened US economic prospects.

JPMorgan cutting 3 000 more retail banking jobs

2014-11-09 20:30

JPMorgan Chase will cut 3 000 more jobs than previously planned this year in its retail banking businesses, bringing the total to 11 000, says a senior executive.

Early earnings due investor service - JPMorgan

2014-10-14 14:15

JPMorgan Chase says the early release of earnings appears to be as a result of a problem with Nasdaq-owned web service that provides information to investors.

JPMorgan CEO to begin cancer treatment

2014-07-02 08:16

JPMorgan Chase CEO Jamie Dimon has been diagnosed with curable throat cancer and says he plans to remain actively involved in the largest US bank's business.

JPMorgan to sell commodities unit

2014-03-19 19:40

JPMorgan Chase announced that it is selling its physical commodities business to Swiss trading firm Mercuria Energy Group Limited for $3.5bn.

JPMorgan to pay $614m for reckless loans

2014-02-05 13:08

JPMorgan Chase will pay $614m to settle US charges for churning out thousands of defective mortgage loans that wrongly qualified for federal insurance.

JPMorgan Chase to pay investors $4.5bn

2013-11-17 14:42

JPMorgan Chase & Co will pay $4.5bn to settle claims by 21 institutional investors over mortgage-backed securities.

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