JPMorgan Chase & Co.
News and overview for JPMorgan Chase & Co.
JPMorgan Chase to Present at the Goldman Sachs US Financial Services Conference 2009 [Press Release]
Business Wire | 15 hours 7 minutes ago
Jamie Dimon, Chairman and Chief Executive Officer of JPMorgan Chase & Co., will present at the Goldman Sachs US Financial Services Conference 2009 at the Goldman Sachs Conference Center in New York City, on Tuesday, December 8, 2009 at 2:50 p.m. (Eastern).
JPMorgan Chase & Co. Declares Quarterly Coupon on Alerian MLP Index ETN [Press Release]
Business Wire | 5 days 15 hours 47 minutes ago
JPMorgan Chase & Co. announced today the quarterly coupon amount for the Alerian MLP Index ETN (NYSE Arca: AMJ). The table below summarizes the coupon amount for the Alerian MLP Index ETN (the “Notes”).
Big Shakeup Among Ranks of Top-10 Lenders [Press Release]
PRNewswire | 11 hours 56 minutes ago
...ranked second. Wells Fargo & Co. came in at No. 2 -- relinquishing...quarter. Originations at No. 3 JPMorgan Chase & Co. were off 10% from the second...Rank Company 1. BoA 2. Wells 3. JPMorgan 4. GMAC 5. U.S. Bancorp 6...
J.P. Morgan Chase closes in on deal for Cazenove: report - MarketWatch
MarketWatch | 8 days 11 hours 20 minutes ago
The 190-year-old stockbroker's shareholders - nearly all of whom are current or former employees - will share close to GBP1 billion when the deal is signed in the next few weeks.
JPMorgan Chase Reports Third-Quarter 2009 Net Income of $3.6 Billion, or $0.82 Per Share [Press Release]
Business Wire | 40 days 18 hours 57 minutes ago
JPMorgan Chase & Co. (NYSE: JPM) today reported third-quarter 2009 net income of $3.6 billion, compared with net income of $527 million in the third quarter of 2008. Earnings per share were $0.82, compared with $0.09 in the prior year.
Zacks Analyst Blog Highlights: American Express Co., Bank of America Corp., JPMorgan Chase & Co., Citigroup Inc. and Capital One Financial Corp. [Press Release]
Business Wire | 5 days 7 hours 56 minutes ago
Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: American Express Co. (NYSE: AXP), Bank of America Corp. (NYSE: BAC), JPMorgan Chase & Co. (NYSE: JPM), Citigroup Inc. (NYSE: C) and Capital One Financial Corp. (NYSE: COF).
JPMorgan Chase drops controversial arbitration clause from credit card contracts
Hartford Courant (Conn.), The | 3 days 4 hours 51 minutes ago
JPMorgan Chase & Co. said Friday it is dropping a clause from its credit card contracts that required disputes with customers to be handled through binding arbitration, a move that could lead to consumers filing class-action and other lawsuits.
J.P. Morgan Chase to hire 1,200 loan officers - MarketWatch
MarketWatch | 13 days 13 hours 20 minutes ago
JPM
Chase drops arbitration from card contracts
Yahoo! | 3 days 7 hours 19 minutes ago
BOSTON – JPMorgan Chase & Co. said Friday it is dropping a clause from its credit card contracts that required disputes with customers to be handled through binding arbitration, a move that could lead to consumers filing class-action and other lawsuits.
New J.P. Morgan Report Offers Best Practices in Fighting Corporate Payments Fraud [Press Release]
Business Wire | 4 days 15 hours 56 minutes ago
J.P. Morgan today issued a report titled “Payments Fraud: How It Happens And What You Can Do To Protect Your Organization” in which the company shares best practices for battling check, automated clearing house (ACH), and credit card fraud, as well as tips on protecting treasury operations from advanced phishing techniques. The report also explores the key areas of fraud vulnerability and proliferation, and reviews fraud protection products and services available today.
Chase and Facebook Launch Innovative Giving Program for Small and Local Charities [Press Release]
Business Wire | 7 days 12 hours 10 minutes ago
For the first time ever, Facebook® users will be able to choose from more than 500,000 small and local charities to decide which community organizations they want to receive donations totaling millions of dollars from a corporate philanthropy fund. Chase and Facebook today announced the launch of Chase Community Giving: You Decide What Matters, a grassroots campaign to inspire a new way of corporate philanthropy.
Figures show record Wall St. profit after bailouts - MarketWatch
MarketWatch | 5 days 13 hours 14 minutes ago
However, compensation restrictions that came with government support may limit the tax-revenue bonus boost that New York City -- facing a multibillion-dollar budget deficit -- usually gets from such Wall Street success, Comptroller Thomas DiNapoli explained.
JPMorgan Chase Declares Preferred Stock Dividend [Press Release]
Business Wire | 40 days 9 hours 20 minutes ago
JPMorgan Chase & Co. (NYSE:JPM) declared a quarterly dividend on the outstanding shares of the corporation’s 8.625% Non-Cumulative Preferred Stock, Series J, in the amount of $215.6250 per share (which is equivalent to $0.53906 per related Depositary Share). The dividend is payable December 1, 2009, to stockholders of record at the close of business on November 2, 2009.
JPMorgan Chase drops controversial arbitration clause from credit card contracts -- South Florida Sun-Sentinel.com
Sun-Sentinel (Fort Lauderdale, Fla.) | 3 days 8 hours 10 minutes ago
BOSTON (AP) — JPMorgan Chase & Co. said Friday it is dropping a clause from its credit card contracts that required disputes with customers to be handled through binding arbitration, a move that could lead to consumers filing class-action and other lawsuits.
Third Chase Conversion Completes WaMu Integration in Just 13 Months [Press Release]
Business Wire | 21 days 15 hours 56 minutes ago
Chase announced today it has successfully upgraded products and technology in four states to link in the final 822 former Washington Mutual branches to the Chase computer system.
Company Overview
| Company: | JPMorgan Chase & Co. |
|---|---|
| Industry: | Money Center Banks |
| Website: | http://www.jpmorganchase.com |
JPMorgan Chase was born with a silver spoon in its mouth but that hasn't stopped it. One of the largest financial services firms in the US, the company has more than 5,000 bank branches in some two dozen states (and growing) and is also among the nation's top mortgage lenders and credit card issuers. Active in some 60 countries, it also boasts formidable investment banking and asset management operations. The company's subsidiaries include the prestigious JPMorgan Private Bank and institutional investment manager JPMorgan Asset Management (with some $1.5 trillion in assets under supervision). In 2008 JPMorgan Chase bought Bear Stearns and the operations of failed thrift Washington Mutual (WaMu).
Key Numbers
| Sales in U.S. Dollars (mil.) | 67,252 (2008) |
|---|---|
| One-year % Growth in Sales | -5.8 (2008) |
| Net Income in U.S. Dollars (mil.) | 3,699 (2008) |
| One-year % Growth in Net Income | -75.9 (2008) |
| Number of Employees | 224,961 (2008) |
| One-year % Growth in Number of Employees | 24.5 (2008) |
| Fiscal Year-End | December |