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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According to SNL Financial, banks with more than $1 billion in assets collectively reported they took in $2.51 billion in overdraft fees in Q1/15. read more

JUN 1, 2015 - 7:45 am

Bloomberg reported JPMorgan Chase and Bank of America are planning job cuts to contain expenses as revenue stagnates in a prolonged era of low interest rates. read more

MAY 29, 2015 - 7:22 am

Bloomberg reported the SEC’s enforcement division is looking at whether senior asset-management executives at JPMorgan Chase developed a policy of improperly steering clients into investments for the bank’s own financial gain. read more

MAR 31, 2015 - 7:26 am

Recently, we reported that JPMorgan Chase lost a court battle with General Motors’ predecessor’s creditors over a $1.5 billion term loan as a result of human error. In an exclusive “story behind the story,” ABF Journal contributor Jeffrey A. Wurst provides his take on the case. read more

FEB 26, 2015 - 7:18 am

Bloomberg reported that JPMorgan Chase CEO Jamie Dimon, while on a call with analysts, said overlapping efforts by U.S. regulators place banks “under assault.” read more

JAN 16, 2015 - 12:08 am

JPMorgan Chase reported earnings for FY/14 was a record $21.8 billion, compared with $17.9 billion in the prior year. Q4/14 net income of $4.9 million was down from $5.3 million a year earlier with the bank noting a legal charge of $990 million. read more

JAN 14, 2015 - 3:07 am

ProPublica reported that as the Federal Reserve Bank of NY moved to beef up oversight of Wall Street two years ago, the team charged with supervising JPMorgan Chase was in turmoil. read more

NOV 17, 2014 - 7:53 am

JPMorgan Chase reported Q3/14 net income of $5.6 billion compared to a net loss of $0.4 billion a year earlier. The firm noted it recorded a legal expense of $1.1 billion in Q3/14 compared to a $9.3 billion charge in the prior year. read more

OCT 15, 2014 - 1:46 pm