Bloomberg reported that a federal judge dismissed a suit filed by investors, which alleged that JPMorgan Chase ignored the warning signs of the Bernard Madoff Ponzi scheme. read more

MAY 20, 2016 - 7:46 am

Bloomberg reported seven banks have agreed to pay $324 million to settle claims they conspired to rig an interest rate benchmark used in the derivatives market. read more

MAY 4, 2016 - 6:40 am

JPMorgan reported Q1/16 net income of $5.5 billion was down 7% from Q1/15 on revenue of $24.1 billion, down from $24.8 billion a year earlier. EPS of $1.35 exceeded analysts’ expectations, but provision charges on Oil and Gas related investments hurt performance. read more

APR 14, 2016 - 6:11 am

According to the results from the 2016 JPMorgan Chase Business Leaders Outlook report, U.S. businesses are optimistic for growth but uncertain about the national and global economies. read more

APR 13, 2016 - 6:30 am

Quartz reported that Seth Wheeler, a former economic advisor to President Obama, joined JPMorgan Chase as a managing director leading fintech and innovation strategy. read more

MAR 16, 2016 - 7:26 am

Bruno Iksil, a former JPMorgan Chase trader better known as the “London Whale,” sent a letter to Bloomberg stating that he is not responsible for the losses suffered in the scandal. read more

FEB 23, 2016 - 8:11 am

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JPMorgan Chase reported full-year net income was a record $24.4 billion on revenue of $96.6 billion. The bank noted reserve increases in the Oil & Gas portfolio of $124 million. read more

JAN 14, 2016 - 7:24 am

Reuters reported that major U.S. banks raised their prime rates for the first time since 2006 following a rate hike from the Federal Reserve. read more

DEC 18, 2015 - 7:19 am

Bloomberg reported JPMorgan Chase is teaming up with On Deck to provide small-dollar loans to small businesses. The product will carry the Chase brand and is expected to be launched in a pilot program next year. read more

DEC 4, 2015 - 7:49 am

JPMorgan Chase reported Q3/15 net income of $6.8 billion, up 22% compared to $5.6 billion a year earlier. The bank noted a one-time tax benefit of $2.2 billion was included in the results. read more

OCT 14, 2015 - 7:26 am

Reuters reported JPMorgan Chase shareholders won court permission to pursue their secuuities fraud lawsuit against the bank of the “London Whale” trading scandal as a class action. read more

SEP 30, 2015 - 7:45 am

IronPlanet said it closed a new $55 million senior secured credit facility with a syndicate of lenders led by SunTrust Bank as administrative agent. read more

SEP 18, 2015 - 8:18 am

Bloomberg reported that one of the participants in a $1.5 billion term loan that JPMorgan Chase made to GM before its bankruptcy is now suing the bank and its lawyers at Simpson Thacher & Bartlett. read more

AUG 4, 2015 - 7:45 am

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JPMorgan Chase reported Q2/15 earnings of $6.3 billion, up from $6 billion in Q2/14 despite a drop in net revenue of $806 million. Earnings per share of 1.54 exceeded analysts’ expectations of $1.44 EPS. read more

JUL 15, 2015 - 6:00 am

Bloomberg reported GE has put virtually all of its U.S. commercial loan businesses on the market after hiring banks to unload $20 billion of assets in its healthcare, railcar and franchise finance divisions. read more

JUN 4, 2015 - 7:21 am

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