Three US 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 lending market.
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 …
It only took about two months for JPMorgan to come around to the idea that owning stock in a public company that …
Bob Ciura: JPMorgan Chase (NYSE:JPM) reported better-than-expected fourth-quarter earnings on Thursday, but in this market, even strong earnings aren’t good enough. The stock rose about 2% in pre-market trading, but the stock is still …
NEW YORK — JPMorgan Chase is suspending plans to buy back its own stock, a little more than a week after the bank posted a large trading loss. The largest U.S. bank by assets disclosed the $2 billion trading loss on May 10 in a hastily …
Shares of Caterpillar (NYSE:CAT), the world's largest maker of mining and construction equipment, were falling almost 6% in early afternoon trade in New York after JPMorgan downgraded the stock Monday. Analysts at JPMorgan lower CAT …
Shares of J. P. Morgan & Company fell yesterday as one investor sold about 500,000 of the banking company's shares, accounting for a third of the day's trading. The stock declined $1.375, to $63, before closing down $1.125, to $63.25. …
Shanghai/Beijing: Fangda Carbon New Material Co. isn’t typically a name that jumps to mind when one thinks of the world’s most-actively traded stocks. Yet for reasons unknown, shares of this obscure Chinese maker of graphite …