JPMorgan Chase & Co.
News and overview for JPMorgan Chase & Co.
British Airways, Chase Card Services Offer U.S. Consumers New and Unprecedented Travel Benefits [Press Release]
PRNewswire | 7 days 20 hours 41 minutes ago
...information visit: www.ba.com JPMorgan Chase & Co. is a leading global financial...Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers...brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase...
Chase Introduces Two New Business Cards with Added Benefits for Checking Account Customers [Press Release]
Business Wire | 6 days 2 hours 41 minutes ago
Today, Chase announced the addition of two new credit cards to the InkSM portfolio of business cards that give additional purchase rewards or an interest-payment refund to customers with Chase business checking accounts.
JPMorgan Chase to Present at the BancAnalysts Association of Boston Conference [Press Release]
Business Wire | 28 days 22 hours 41 minutes ago
Charlie Scharf, Chief Executive Officer, Retail Financial Services of JPMorgan Chase & Co., will present at the BancAnalysts Association of Boston Conference at the Langham Hotel in Boston, MA on Thursday, November 5, 2009 at 10:00 a.m. (Eastern).
World awaits Obama's response to economic crisis - MarketWatch
MarketWatch | 8 days 15 hours 22 minutes ago
The decisive election victory "may help to instill a bit more confidence, but the problems have been well-documented," said Kenneth Broux, an economist at Lloyds TSB. "The economy is facing many, many difficulties."
Downdraft catches financial stocks Thursday - MarketWatch
MarketWatch | 4 days 23 hours 51 minutes ago
The two firms have operated their joint venture for five years and said that the investment-banking business will continue to operate under the J.P. Morgan Cazenove brand, while the cash equities and research divisions will be combined into J.P. Morgan's existing operations covering Europe, the Middle East and Africa.
JPMorgan Chase Announces Redemption of Bear Stearns Capital Trust III Preferred Securities [Press Release]
Business Wire | 25 days 26 minutes ago
JPMorgan Chase & Co. today announced that Bear Stearns Capital Trust III (the “Trust”) has called for redemption of all the issued and outstanding shares of 7.80% Trust Issued Preferred Securities, liquidation amount $25.00 per preferred security (the “Preferred Securities”), of the Trust, at a redemption price of $25.00 per Preferred Security, together with accrued and unpaid distributions to the redemption date of November 30, 2009.
Thursday's biggest gaining and declining stocks Movers & Shakers - MarketWatch
MarketWatch | 5 days 4 hours 13 minutes ago
If Hershey and Ferrero are mounting a serious rival bid for Cadbury, you d never know it from the marketplace.
J.P. Morgan to buy Cazenove in $1.7 billion deal - MarketWatch
MarketWatch | 5 days 7 hours 16 minutes ago
JPM
Chase Nevada s New 200-Year-Old Bank Adds Glowing Octagon to Las Vegas Lights [Press Release]
Business Wire | 21 days 23 hours 36 minutes ago
Chase – Nevada’s new 200-year-old bank – today unveiled its bright blue octagon logo and trusted name on 39 bank branches and 108 ATMs in Nevada, reaching more than 750,000 consumers and businesses formerly served by WaMu.
Credit cards gouge consumers ahead of new law - MarketWatch
MarketWatch | 18 days 3 hours 16 minutes ago
In fact, some 400 credit cards from the nation's 12 largest bank issuers -- accounting for 90% of the $89.8 billion in outstanding consumer credit -- are still using most of the same tactics that the Federal Reserve has called "unfair or deceptive" and that will be outlawed in fewer than four months, according to a new report from the Pew Health Group's Safe Credit Cards Project.
Chase To Increase Small Business Lending by $4 billion in 2010 [Press Release]
Business Wire | 14 days 22 hours 11 minutes ago
Chase announced today that it plans to increase its lending to small businesses by up to $4 billion in 2010, boosting expected new lending to about $10 billion to this vital segment of the U.S. economy.
Wall Street's biggest banks to dole out $30 million in bonuses
PLI SmartBrief | 15 days 10 hours 41 minutes ago
Goldman Sachs Group, Morgan Stanley and JPMorgan Chase & Co., also known as Wall Street's Big 3, are expected to hand out a record-setting $30 million in bonuses this year, beating...
Dimon's on top and wants to stay that way MarketWatch First Take - MarketWatch
MarketWatch | 11 days 11 minutes ago
"Artificial limits may sound simple," Dimon wrote, but "would undermine the goals of economic stability, job creation and consumer service that lawmakers are trying to promote." See Dimon editorial in Washington Post.
Video: Chase Introduces Blueprint: New Features Give Credit Card Customers More Control [Press Release]
PRNewswire | 70 days 3 hours 8 minutes ago
WILMINGTON, Del., Sept. 15 /PRNewswire/ -- Chase Card Services, a division of JPMorgan Chase & Co.
Chase to Hire 1,200 Mortgage Officers to Help Families Buy, Refinance Homes [Press Release]
Business Wire | 14 days 36 minutes ago
Chase, one of the nation’s leading home lenders, today announced that it plans to hire 1,200 mortgage loan officers by the end of 2010, increasing the sales force 60 percent to help more Chase customers finance home purchases or reduce their monthly payments through refinances.
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 |