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
SEP 25, 2017 - 7:03 am
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
MAY 23, 2017 - 6:47 am
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
MAY 2, 2017 - 6:37 am
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
APR 14, 2017 - 6:54 am
Navistar completed the repricing of an existing $1 billion senior secured term loan which reduces the interest rate by 1.50%. read more
FEB 9, 2017 - 7:45 am
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
JAN 3, 2017 - 7:43 am
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
NOV 18, 2016 - 6:56 am
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
NOV 4, 2016 - 6:47 am
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
OCT 17, 2016 - 6:17 am
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
OCT 3, 2016 - 7:25 am
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
SEP 15, 2016 - 7:25 am
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
AUG 15, 2016 - 8:06 am
Southwest Airlines entered into a new $1 billion five year revolving credit facility with a syndicate of lenders led by JPMorgan Chase and Citibank as co-administrative agents. read more
AUG 10, 2016 - 7:09 am
Bloomberg reported JPMorgan posted revenue that beat estimates as it extended $106 billion more in loans compared to a year earlier. Earnings per share of $1.55 exceeded analysts’ estimates of $1.43. read more
JUL 15, 2016 - 6:55 am
The Wall Street Journal reported that 20 of the world’s biggest banks have lost 25% of their aggregate market value — approximately $465 billion — according to data from FactSet. read more
JUL 11, 2016 - 6:50 am