JPMorgan Chase Related Content

Goldman, Citi, JPMorgan Hold Largest Share of Fintech Funding

According to a report issued by the Digital Journal, Goldman Sachs, JPMorgan Chase and Citi have the largest U.S. bank share of disclosed investments to fintech startups. read more

JPMorgan Beats Estimates Despite Tax Act Charge

JPMorgan Chase reported Q4/17 earnings of $4.23 billion were down 37% from $6.73 billion a year earlier. The bank noted the decrease included $2.4 billion of estimated net impact of the Tax Cuts and Jobs Act. read more

JPMorgan Agents New $1.6B Facility for Navistar

Navistar International completed the refinancing of Navistar's existing approximately $1.0 billion senior secured term loan which was due to mature in August 2020 with a new $1.6 billion senior secured term loan which is due to mature in November 2024. read more

Report: JPMorgan Most Popular Brand, U.S. Bank Most Loyal Customers

According to Brand Finance research, JPMorgan Chase was ranked as the most popular brand in the U.S. Wells Fargo was voted the least trusted bank. U.S. Bank proved to have the most loyal customers. read more

Former JPMorgan Senior Loan Officer Pleads Guilty to Mortgage Fraud

Former senior loan officer at JPMorgan Chase pleaded guilty to charges of conspiracy to commit fraud for his role in a massive mortgage scheme that cost the bank more than $33 million. read more

Bank of America Agents New $300MM Facility for Bob Evans Farms

Bob Evans Farms completed the sale of its restaurants to Golden Gate Capital and its acquisition of Pineland Farms Potato Company. The company also established a new $300 million credit facility with a group of banks led by Bank of America serving as administrative agent. read more

JPMorgan Q1 Earnings Increase on Higher Revenue, Lower Provisioning

JPMorgan Chase reported Q1/17 net income of $6.45 billion, up 17% from $5.52 billion a year earlier. The bank noted revenue was up $1.5 billion and provision charges were down 28% helped by oil and gas releases. read more

Navistar Reprices $1B Senior Secured Term Loan

Navistar completed the repricing of an existing $1 billion senior secured term loan which reduces the interest rate by 1.50%. read more

JPMorgan Chase Boosts Stake in Pioneer Energy Services

According to The Cerbat Gem, citing a 13F filing, JPMorgan Chase boosted its stake in Pioneer Energy Services and now has $10.7 million invested at the end of the most recent reporting period. read more

JPMorgan Chase Paying $264MM to Settle FCPA Charges

JPMorgan Chase agreed to pay more than $130 million to settle charges that it won business from clients and corruptly influenced government officials in violation of the Foreign Corrupt Practices Act. read more

Avolon Adds Five Banks to Support CIT Aircraft Leasing Buy

Avolon placed $2.975 billion with five banks: Barclays, JPMorgan Chase, BNP Paribas, Credit Agricole and SunTrust Bank to support its purcahse of CIT's commercial aircraft leasing business. read more

JPMorgan Q3 Earnings Beat Estimates, Hurt by 86% Credit Loss Increase

JPMorgan reported Q3/16 net income of $6.3 billion was down 8% from $6.8 billion in the same quarter a year earlier. EPS of $1.58 beat analysts’ estimates of $1.39. The bank noted its provision for loan losses was up 86% year/year. read more

Tiger Rentals Receives $135MM in Financing

Tiger Rental Group closed on $135 million of financing consisting of a $110 million term loan with Orion Energy Partners and a $25 million working capital revolver with JPMorgan Chase Bank. read more

Former GE Capital Exec Joins JPMorgan to Lead SE Expansion Strategy

Reuters reported JPMorgan Chase hired Clarence Nunn, the former chief executive of GE Capital’s franchise finance business, to lead its middle market expansion strategy in the Southeastern U.S. read more

Bloomberg: JPMorgan FX Salesman Wins Claim After Firing

Bloomberg reported a JPMorgan Chase currency salesman won his claim against his former employer after being fired following a foreign-exchange manipulation scandal. read more

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