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JPMorgan Chase

JPMorgan Agrees to Pay $1.7 Billion to Victims of Madoff Ponzi Scheme

It was announced on Tuesday that JPMorgan Chase & Co is going to pay $1.7 billion in penalties in order…

JPMorgan Chase Agrees to Settle

The New York based bank, JPMorgan & Chase Co. has agreed to settle with Federal Home Loan Bank of Pittsburgh…

Quarterly Earnings Report: JP Morgan Sees $380 Million Loss due to Legal Costs

Financial giant JPMorgan Chase reported losses this quarter because of high legal costs. This was unexpected, as JPMorgan’s core business…

JPMorgan’s Hiring of Children of Chinese Officials Under Scrutiny

On Saturday, several media houses, with New York Times being the first, reported that federal authorities have opened an investigation…

JPMorgan Plays Good Boy, Will Return Millions to Electricity Customers

News headlines and consumer rights groups went buzzing across the nation on Monday after FERC, the U.S. power market regulator…

Compensation for Jamie Dimon Reduced by JPMorgan Chase & Co Board of Directors

The annual bonus for Jamie Dimon has been cut in half by JPMorgan Chase & Co's board of directors, who…

JPMorgan Ordered to Cooperate with Regulators Regarding Madoff Ponzi Scheme

JPMorgan Chase has been warned by the Treasury Department’s Inspector General Eric Thorson to cooperate with U.S. regulators who are…

JPMorgan and Credit Suisse Settle U.S. Civil Charges for $417 Million

Regulators said on Friday that JPMorgan Chase & Co and Credit Suisse Group AG will be paying a combined $416.9…

JPMorgan Chase Ordered to Pay $18 Million to a Trust

JPMorgan Chase & Co has been ordered by a United States state court to pay over $18 million to a…

Preliminary Approval Granted to JPMorgan Chase Settlement

A judge has preliminarily approved a $100 million class-action settlement with customers of credit card companies and JPMorgan Chase &…

Bad Trade by JPMorgan Chase Ballooned to Over $5 Billion

On Friday, JPMorgan Chase said that a bad trade cost the bank $5.8 billion in 2012, which is triple the…

Delaware is Home to More Companies Than Residents

Google, Apple, Bank of America and JPMorgan Chase have one thing in common; the same legal address. Their address is…