NEW YORK -- JPMorgan Chase stock declined more than 2 percent on Thursday after a published report said its loss on a bad trade could be far higher than the bank first estimated. The New York Times, citing an internal report at the bank, …
(Reuters) - Three U.S. pension funds sued six of the world's largest banks on Thursday, including Goldman Sachs Group Inc and JP Morgan Chase & Co , accusing them of conspiring to stifle competition in the more than $1 trillion stock
The scars from JPMorgan Chase & Co.'s whopping trading losses have healed -- at least in its stock price. Five months after the bank disclosed a trader nicknamed the "London Whale" lost billions in risky derivatives bets, its stock has …
JPMorgan Chase's earnings report for the second quarter showed that the bank had lost nearly $6 billion from a bad bet undertaken by a single trader who has come to be known as the "London Whale" for his outsized risk-taking. The …
Despite some lackluster trading, a pretty big tax reform-related charge, and making a real bad loan to a South African …
JPMorgan Chase (NYSE: JPM) has been a major beneficiary of the stock market rally following the 2016 election. Since this time last year, shares of the New York City-based bank are up 44%. That's more than twice the S&P 500. It also …
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(Reuters) - JPMorgan Chase & Co, the biggest U.S. bank by assets, said it will repurchase up to $1.88 billion in common shares through the end of the second quarter. The repurchase under the bank’s 2015 capital plan is in addition to the …
* Dow up 0.2 pct, S&P up 0.3 pct, Nasdaq down 0.04 pct (Updates close with JPMorgan loss, adds VIX) NEW YORK, May 10 (Reuters) - U.S. stock index futures fell sharply on Thursday evening as JPMorgan Chase & Co stunned …
NEW YORK — JPMorgan Chase’s $3.28 billion profit report carried a sobering message: Consumers are still struggling to pay off their loans, posing a threat to a strong economic recovery. Even as the bank reported Friday its earnings more …