JPMorgan Chase pays $1.42 bn to settle most of Lehman Bros suit
JPMorgan Chase has agreed to pay USD 1.42 billion to settle most of the litigation relating to the bankruptcy of Lehman Brothers, according to court documents.
Jan 26, 2016, 20:17 PM IST
Lawsuit accuses 22 banks of manipulating US Treasury auctions
Primary dealers are the banks authorized to transact directly with the Federal Reserve who are big players in Treasury bond auctions and act as market makers in the secondary market.
Jul 24, 2015, 09:14 AM IST
JPMorgan profit rises as expenses fall
JPMorgan Chase & Co , the biggest US bank by assets, reported a 5.2 percent increase in quarterly profit as expenses declined.
Jul 14, 2015, 17:29 PM IST
US, Britain fine six top banks nearly $6 bn for forex, Libor abuses
The far-flung settlement included guilty pleas from Barclays Bank, JPMorgan Chase, Citicorp and the Royal Bank of Scotland for conspiring to manipulate the massive currency market, as well as a guilty plea from Switzerland`s UBS, for violating a prior settlement of Libor charges.
May 20, 2015, 21:13 PM IST
UBS to pay $545 mn over forex scandal, rivals await fate
UBS will pay $545 million to US authorities to end an investigation into alleged manipulation of currency rates, a settlement that will help the Swiss bank to move on after a series of trading scandals.
May 20, 2015, 17:01 PM IST
US demands guilty plea in forex rigging deal: JPMorgan
JPMorgan Chase said Thursday that the US Justice Department will require the bank to plead guilty to settle charges it conspired with other banks to rig the foreign exchange market.
May 15, 2015, 09:16 AM IST
Forex rigging settlements now seen next week
Five major banks are expected to settle with US and British authorities next week for their role in rigging the foreign exchange market, a source told AFP Tuesday.
May 12, 2015, 23:41 PM IST
Ex-JPMorgan investment adviser charged in $20 mn fraud
A former investment adviser for JPMorgan Chase was arrested Thursday on charges he stole some $20 million from clients and put most of the money into losing investments, US authorities said.
Apr 17, 2015, 03:32 AM IST
JPMorgan says banks may be making 'bad loans' as LBOs boom
JPMorgan Chase & Co is concerned about loans that finance some leveraged buyouts, and is scaling back from what is a booming area, even as its overall loan portfolio grows, a top executive said in an interview.
Apr 15, 2015, 09:24 AM IST
JPMorgan needs $22bn to meet Fed capital buffer
JPMorgan Chase would need $22 billion more in capital by 2019 to meet new Federal Reserve capital rules, the Fed said Tuesday.
Dec 10, 2014, 10:54 AM IST
Fed to propose extra capital cushion for 8 big US banks
Most of the banks, which include JPMorgan Chase and Goldman Sachs, would be held to higher capital requirements under the Fed`s proposal than under a similar rule by global regulators, officials said.
Dec 10, 2014, 09:06 AM IST
JPMorgan faces suit over $10 bn in mortgage bonds
JPMorgan Chase will face a US class-action lawsuit over the sale of $10 billion worth of allegedly falsely valued mortgage bonds before the financial crisis, a judge has ruled.
Oct 01, 2014, 20:16 PM IST
Barclays, Citigroup, HSBC and others may face record fines over currency rigging: Report
Barclays, Citigroup, HSBC, JPMorgan Chase, the Royal Bank of Scotland and UBS have begun meetings with the Financial Conduct Authority (FCA) to agree a settlement, and fines may amount to over one billion pounds ($1.6 billion, 1.3 billion euros), the FT reported, citing sources close to the situation.
Sep 27, 2014, 03:58 AM IST
