JPMorgan Chase & Co.
News and overview for JPMorgan Chase & Co.
Chase to Hire 1,200 Mortgage Officers to Help Families Buy, Refinance Homes [Press Release]
Business Wire | 13 days 13 hours 50 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.
J.P. Morgan profit up on strong investment banking - MarketWatch
MarketWatch | 40 days 18 hours 31 minutes ago
JPM
Deal speculation helps limit downside in London - MarketWatch
MarketWatch | 4 days 19 hours 13 minutes ago
Any deal between Colgate-Palmolive and Reckitt would have to be structured as a merger, because they are roughly the same size, the newspaper said.
J.P. Morgan profit jumps past estimates - MarketWatch
MarketWatch | 40 days 18 hours 31 minutes ago
The company earned $3.6 billion, or 82 cents a share in the third quarter, compared to $527 million, or 9 cents a share a year ago. Analysts polled by Thomson Reuters had expected the company to earn 52 cents a share.
Stocks in focus for Wednesday - MarketWatch
MarketWatch | 41 days 7 hours 12 minutes ago
The company appears to be riding its manufacturing engine on all cylinders, as well as benefiting from better demand for its computer chips.
Credit costs high, to remain elevated: J.P. Morgan - MarketWatch
MarketWatch | 40 days 16 hours 34 minutes ago
Nonperforming assets rose 16% on a quarter-over-quarter basis. See full story.
Corporate Social Responsibility Weekly Recap (November 11 November 18, 2009) [Press Release]
Business Wire | 4 days 16 hours 47 minutes ago
The following releases focus on Corporate Social Responsibility and moved during the week of November 11 – November 18, 2009.
J.P. Morgan Chase's Dimon: US needs strong dollar - MarketWatch
MarketWatch | 27 days 11 hours 28 minutes ago
A strong currency is necessary for a strong economy, Dimon said during the luncheon at the annual meeting of the Securities Industry and Financial Markets Association, or Sifma.
J.P. Morgan may be near end of reserve build: CFO - MarketWatch
MarketWatch | 40 days 16 hours 16 minutes ago
Cavanagh, however, did not want to predict how soon the money the bank set aside for delinquent loans would peak because the performance of the United States economy remains uncertain.
Why Congress needs a pay cut, or threat of one - MarketWatch
MarketWatch | 6 days 11 hours 10 minutes ago
Everyone in business understands this. That's why enormous work goes into designing and improving incentive systems to align the interests of directors, executives and staff with those of stockholders. Charlie Munger, Warren Buffett's second in command, says he's been a fanatical believer in the power of incentives all his life and yet frequently finds he's underestimated it.
J.P. Morgan buying Cazenove for $1.7 billion - MarketWatch
MarketWatch | 4 days 19 hours 42 minutes ago
The two firms have operated their joint venture for the last five years and said Thursday that the investment banking business will continue to operate under the J.P. Morgan Cazenove brand, with most senior executives continuing in their roles.
Sears, Intel, J.P. Morgan in the spotlight - MarketWatch
MarketWatch | 4 days 15 hours 57 minutes ago
European shares declined as miners slipped on lower commodity futures and as Danone shares fell after the yogurt maker issued a downbeat forecast. Asian stock markets ended mixed, with Japanese stocks down as investors fretted after a spate of recent capital raisings.
Critical Alerts for JPMorgan, Pepsico, Simon Property, Omnicare, and Manulife Financial Released by Seven Summits Research [Press Release]
PRNewswire | 14 days 9 hours 24 minutes ago
Critical Alerts for JPMorgan, Pepsico, Simon Property, Omnicare, and Manulife Financial... Today's PriceWatch Alerts cover the following stocks: JPMorgan Chase & Co. , Pepsico, Inc. , Simon Property Group Inc. , Omnicare Inc...
Banks rise after J.P. Morgan earnings top target - MarketWatch
MarketWatch | 40 days 17 hours 57 minutes ago
Burberry's sales perk up, but wholesale suffers
JPMorgan Chase to hire 1,200 officers | floridatoday.com | FLORIDA TODAY
Florida Today (Melbourne) | 10 days 17 hours 26 minutes ago
JPMorgan Chase & Co. said Tuesday it will hire 1,200 mortgage loan officers by the end of next year, a 60 percent increase in its sales force.
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 |