US Abandons Case Against 2 London Whale Defendants
US attorneys in New York are dropping the cases against Julien Grout of France and Javier Martin-Artajo of Spain (seen ...
Tag: JPMorgan Chase
Bank of America Picks Dublin As Post-Brexit Hub
Bank of America announced Friday that it will move its hub for EU business to Dublin from London following Brexit. ...
Morgan Stanley To Shift Jobs To Frankfurt Due To Brexit
Morgan Stanley has picked Frankfurt as a new temporary hub to operate in the European Union when Brexit takes effect, ...
Higher Interest Rates Boost Bank of America Earnings
Bank of America reported higher second-quarter earnings Tuesday, thanks to a boost in total loans and the benefit of increased ...
Dow, S&P 500 End Week At Records; Dollar Tumbles
Wall Street stocks finished at fresh records Friday following solid bank earnings, while the dollar retreated after lackluster US data ...
JPMorgan CEO Being American ‘almost An Embarassment’
JPMorgan Chase chief executive Jamie Dimon ripped into the political gridlock in Washington and said Friday that they dysfunction threatened ...
JPMorgan Chase Profits Up On Loan Growth
JPMorgan Chase reported higher second-quarter earnings Friday, boosted by loan growth and the benefits of increased interest rates that compensated ...
Global Stocks Mostly Rise, Shrugging Off Fractious G20 Meeeting
Global stocks mostly rose Monday, shrugging off misgivings over a contentious G20 meeting ahead of highly-anticipated testimony by Federal Reserve ...
Are US Banks Regaining Their Appetite For Acquisitions?
News that JPMorgan Chase considered bidding for British payment company Worldpay signals that big US banks could be shifting back ...
US Payments Firm Vantiv Agrees Tie-Up With Worldpay
US payment processing giant Vantiv has agreed to take over British peer Worldpay, the pair said Wednesday, to create a ...
Euro Hits Year-High Against Dollar; US Stocks Bounce
The euro extended its run higher against the dollar Wednesday, hitting a one-year high, while tech and bank stocks helped ...
Deutsche Bank To Pay $170 Mn Private Suit Settlement In US
Germany's Deutsche Bank has agreed to pay $170 million to settle a private lawsuit charging it conspired with other major ...
Immelt To Depart As GE Names New Chief Executive
General Electric announced a leadership shakeup on Monday as it faces scrutiny after a corporate makeover executed by outgoing chief ...
US Treasury’s Mnuchin Opposes Breakup of Banks
The Trump administration does not support a return to the Depression-era rule requiring a separation of retail and investment banking, ...
This Ghanaian Startup Is Giving Customers Credit Where It’s Due, On Their Smartphones
The past decade has brought huge innovation to the lending industry. Companies like LendingClub, OnDeck, Kabbage and Fundera made online ...
Investors Keep Wells Fargo Board At Contentious Meeting
The entire Wells Fargo board of directors was reelected Tuesday after a bruising, rowdy annual meeting where shareholders castigated the ...
JPMorgan Chase Reports Higher Profits On Strong Trading
JPMorgan Chase reported higher first-quarter profits Thursday, driven by a strong performance in its corporate and investment bank division, including ...
JPMorgan Chief Sees Higher Risk of EU Breakup
The odds of a breakup of the European Union have increased after Brexit, an outcome that could have "devastating" economic ...
Ameri Deal Was Not Fraudulent, Minority Accuses Addison Committee of Politicizing Deal
The Minority in Parliament has accused the Ministry of Energy’s committee which reviewed the deal between the Government of Ghana ...
US Stocks Slump As Market Digests Trump Health Setback
Wall Street stocks fell early Monday in the first full session since Republican leaders withdrew a US health care reform ...