Jpmorgan Chase-co

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Jpmorgan Chase-co - Total results - 35
JPMorgan CEO Jamie Dimon recovering after emergency heart surgery; two deputies take over his charge
Business

JPMorgan CEO Jamie Dimon recovering after emergency heart surgery; two deputies take over his charge

JPMorgan Chase & Co CEO and Chairman Jamie Dimon is recovering from emergency heart surgery done on Thursday morning, with two deputies taking over as he recuperates, the largest U.S. bank said

Wall Street accelerates backup plans as coronavirus gets closer to home; offices testing secondary centres, systems if condition worsens
Business

Wall Street accelerates backup plans as coronavirus gets closer to home; offices testing secondary centres, systems if condition worsens

JPMorgan, Citigroup Inc, Wells Fargo & Co and Goldman Sachs have restricted all non-essential international travel for employees on account of coronavirus, starting with JPMorgan late last week

Sensex, Nifty open on volatile note tracking losses in banking stocks; weak inflation weigh in on domestic investor sentiment
Business

Sensex, Nifty open on volatile note tracking losses in banking stocks; weak inflation weigh in on domestic investor sentiment

HDFC twins, ICICI Bank, HUL, L&T, Ultratech Cement and ONGC were among the top losers in the Sensex pack, shedding up to 0.63 percent

JP Morgan tests neuroscience-based video games to help recruit interns
News & Analysis

JP Morgan tests neuroscience-based video games to help recruit interns

JPMorgan’s pilot will continue with applicants for 2020 internships in the United States.

Amazon Q1 results buck expectations with huge profits, optimistic outlook; Prime membership fees hiked in US
Business

Amazon Q1 results buck expectations with huge profits, optimistic outlook; Prime membership fees hiked in US

Revenue from third-party sellers paying to promote their products on Amazon.com was an unusually large bright spot during the quarter.

Xiaomi is in talks with action-camera maker GoPro for a possible acquisition deal
News & Analysis

Xiaomi is in talks with action-camera maker GoPro for a possible acquisition deal

GoPro CEO Nick Woodman has approached investment bank JPMorgan Chase & Co to get advise on this possible acquisition sale.

Bitcoin could become a new asset class like gold or stocks and not just a cryptocurrency, claims Chairman of CME Group
News & Analysis

Bitcoin could become a new asset class like gold or stocks and not just a cryptocurrency, claims Chairman of CME Group

Melamed said he expects major investors to take part in bitcoin futures, which the exchange plans to start by the end of year.

RBI looking into cryptocurrencies as legal tender; expresses discomfort with bitcoin
News & Analysis

RBI looking into cryptocurrencies as legal tender; expresses discomfort with bitcoin

The RBI has a group looking into cryptocurrencies as legal tender, a senior official said, but emphasized the central bank’s discomfort with Bitcoin.

JPMorgan Chase working on introducing digital mortgage platform
News & Analysis

JPMorgan Chase working on introducing digital mortgage platform

JPMorgan Chase & Co is gradually introducing a digital mortgage platform where customers can apply online and track applications by mobile phone.

US federal judge rules that Bitcoin is money in JPMorgan hack attacks case
News & Analysis

US federal judge rules that Bitcoin is money in JPMorgan hack attacks case

Bitcoin qualifies as money, a federal judge ruled on Monday, in a decision linked to a criminal case over hacking attacks against JPMorgan Chase & Co and other companies. U.S.

Two persons charged with cyberfraud against JPMorgan and others plead not guilty
News & Analysis

Two persons charged with cyberfraud against JPMorgan and others plead not guilty

Two Israeli citizens pleaded not guilty on Thursday to orchestrating a massive computer hacking and fraud scheme that included an attack against JPMorgan Chase & Co and generated hundreds of millions of dollars of illegal profit.

JPMorgan settles Madoff's massive Ponzi scheme claims for $1.7 bn
Business

JPMorgan settles Madoff's massive Ponzi scheme claims for $1.7 bn

JPMorgan Chase & Co, already beset by other costly legal woes, will pay over $2 billion for ignoring obvious warning signs of Bernard Madoff's massive Ponzi scheme, authorities said today.

JP Morgan to pay $4 bn in consumer relief, nears $13 bn settlement
Business

JP Morgan to pay $4 bn in consumer relief, nears $13 bn settlement

The $4 billion portion of the deal would pay for write-downs of mortgage loans, demolition in blighted areas and lower monthly payments for homeowners, the person said on Monday.

JPMorgan's $13 bn settlement stumbles yet again
Business

JPMorgan's $13 bn settlement stumbles yet again

JPMorgan Chase & Co and the US Justice Department have hit snags in working out the final details of their $13 billion settlement over the bank's mortgage bonds, two people familiar with the talks said.

Mobile gaming firm King.com sets sights on US IPO: source
News & Analysis

Mobile gaming firm King.com sets sights on US IPO: source

King.com Ltd, the British mobile gaming company best known for its hit puzzle game 'Candy Crush Saga', has filed confidentially for an IPO

For Verizon advisers, patience pays off with huge payday
News & Analysis

For Verizon advisers, patience pays off with huge payday

It has been a 10-year-long wait for bankers advising Verizon Communications Inc on its $130 billion deal to take complete control of Verizon Wireless, but their patience

Verizon, Vodafone boards set to vote on $130 billion wireless deal
News & Analysis

Verizon, Vodafone boards set to vote on $130 billion wireless deal

The boards of Verizon Communications and Vodafone Group Plc are expected to vote this weekend on a $130 billion deal, funded by about $65 billion of debt...

JP Morgan faces criminal and civil probes over mortgages
Business

JP Morgan faces criminal and civil probes over mortgages

The civil division gave the company a notice in May that it had preliminarily concluded that the firm violated federal securities laws in offerings of subprime and Alt-A residential mortgage securities during 2005 to 2007, JPMorgan said.

Kodak strikes post-bankruptcy loan deal with banks
News & Analysis

Kodak strikes post-bankruptcy loan deal with banks

Eastman Kodak Co said on Thursday that it had reached a $895 million financing deal with three Wall Street banks that will help fund its rebirth...

JP Morgan positive on Indian markets in H2 on key reforms
Investing

JP Morgan positive on Indian markets in H2 on key reforms

American brokerage firm JP Morgan said it remains "positive" on the Indian stock markets going into the second half of the year even as the it stated that the government is yet to delivery on key reforms.