NEW YORK (Reuters) – The amount of bonds carrying negative yields increased to an all-time peak of $13.2 trillion on Wednesday, up $1.6 trillion or 13.4% from a month earlier in the wake of a dramatic rally in bond markets around the world, J.P. Morgan said on... More »
NEW YORK (Reuters) – The recent widening of the spread between the three-month London interbank offered rate (LIBOR) and three-month overnight index swap rate (OIS) would add a total of $16 billion in borrowing costs for businesses and families, J.P. Morgan an... More »
FILE PHOTO: A sign of JP Morgan Chase Bank is seen in front of their headquarters tower in Manhattan, New York, U.S., November 13, 2017. REUTERS/Amr Alfiky (Reuters) – JPMorgan Chase & Co (JPM.N), the biggest U.S. bank by assets, reported a higher-than-expecte... More »
FILE PHOTO – Jamie Dimon, Chairman and CEO of JPMorgan Chase & Co. speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S. on May 1, 2017. REUTERS/Mike Blake/File Photo NEW YORK (Reuters) – JPMorgan Chase & Co (JPM.N) expects to... More »
Jamie Dimon, chief executive officer of JPMorgan Chase & Co, on Wednesday said he expects to see a new U.S. president in 2021 and advised the Democratic party to come up with a "pro-free enterprise" agenda for jobs and economic growth instead. More »
A view of the exterior of the JP Morgan Chase & Co. corporate headquarters in New York City May 20, 2015. REUTERS/Mike Segar/Files NEW YORK (Reuters) – The Financial Industry Regulatory Authority said on Tuesday it fined JPMorgan Chase & Co’s (JPM.N) securitie... More »
JPMorgan Chase & Co on Friday raised its forecast on the number of U.S. interest rate increases by the Federal Reserve next year to four from three as the October payrolls data reinforced the view of a tightening domestic labor market. More »
In its first offering of online bank accounts, JPMorgan Chase & Co on Monday launched a new smartphone app that it hopes will attract new depositors, many of whom are young and may live far from any of its branch offices. More »
JPMorgan Chase & Co (JPM.N) has partnered with data analytics start-up Mosaic Smart Data to help its fixed-income sales and trading business become more profitable. More »
FILE PHOTO: A J.P. Morgan logo is seen in New York City, U.S. January 10, 2017. REUTERS/Stephanie Keith/File Photo JPMorgan Chase & Co has sent some wealth management customers letters this month notifying them that they could be moved to the firm’s self-direc... More »
A combination photo shows Trevon Gross (L) in New York on February 1, 2017, and Anthony Murgio (R) in a Pinellas County Sheriff’s Office booking photo that was released on August 4, 2015. The two men were arrested in Florida on August 4, 2015. REUTERS/File Pho... More »
JPMorgan Chase & Co said on Tuesday it hired three senior bankers to its corporate client banking division, to serve companies in the southern United States. More »
The father of a Florida man who prosecutors said operated an illegal bitcoin exchange avoided prison on Friday after pleading guilty in a case that stemmed from an investigation into a cyber breach at JPMorgan Chase & Co. More »
FILE PHOTO – A man walks into the JP Morgan headquarters at Canary Wharf in London May 11, 2012. REUTERS/Dylan Martinez/File Photo Indonesia’s reform-minded finance minister seemed to invoke memories of the 1997-98 Asian financial crisis this week when explain... More »
A sign outside the headquarters of JP Morgan Chase & Co in New York, September 19, 2013. REUTERS/Mike Segar Over the past five years, stock analysts have challenged JPMorgan Chase & Co (JPM.N) executives for keeping so many branches open as customers did more ... More »
Anthony Murgio arrives for a hearing at the Manhattan Federal Courthouse in New York, March 4, 2016. REUTERS/Brendan McDermid A Florida man pleaded guilty on Monday to charges that he conspired to operate an illegal bitcoin exchange, which prosecutors said was... More »
The margin on bearish bets on longer-dated U.S. Treasuries over bullish positions shrank to its smallest since late November as bargain-minded investors emerged after the recent bond market selloff, a J.P. Morgan survey released on Wednesday showed. More »
A view of the exterior of the JP Morgan Chase & Co. corporate headquarters in New York City May 20, 2015. REUTERS/Mike Segar/Files Indonesia has penalized JPMorgan Chase & Co after the investment bank’s research arm recommended a smaller exposure to the countr... More »
The main entrance of the Monte dei Paschi bank headquarters is seen in Siena, Italy March 13, 2012. REUTERS/Max Rossi/File Photo On the morning of July 29, former Italian Industry Minister Corrado Passera was traveling in a high-speed train towards the medieva... More »
LONDON JP Morgan has kept its “overweight” recommendation on UK equities, arguing that relatively high dividend yields, sterling weakness and the possibility of further rate cuts from the Bank of England should support the market. “We reiterate our ‘Overweight... More »
NEW YORK J.P. Morgan expects the Federal Reserve would raise U.S. interest rates at its December policy meeting, three months later than its earlier call for such a move, in the wake of Thursday’s Brexit vote that stunned investors, a J.P. Morgan economist sai... More »
NEW YORK A former JPMorgan Chase & Co investment adviser was sentenced to five years in prison on Tuesday after admitting that he stole at least $20 million from client accounts to fund a gambling addiction and to trade in stock options. Michael Oppenheim, 49,... More »
The former JPMorgan Chase & Co trader who became known as the “London Whale” as his unit generated $6.2 billion of trading losses in 2012 said he is not to blame for the scandal and was made a scapegoat for decisions made by his superiors. In a roughly 2,100-w... More »
