JPMorgan Chase & Co.
News and overview for JPMorgan Chase & Co.
Banks lead gainers after J.P. Morgan tops target - MarketWatch
MarketWatch | 39 days 23 hours 3 minutes ago
Citigroup is due to report its quarterly earnings results on Thursday, and Bank of America is on Friday's calendar.
Citi's smaller reserve build unnerves investors - MarketWatch
MarketWatch | 38 days 14 hours 18 minutes ago
Citi /quotes/comstock/13*!c/quotes/nls/c (C 4.75, -0.25, -5.00%) said its net loan loss reserve build was $802 million in the latest period, down from $3.9 billion in the prior quarter.
CME to allow gold as collateral for all exchange products - MarketWatch
MarketWatch | 34 days 22 hours 37 minutes ago
The new global policy is effective Oct. 19 in accordance with a member's notice issued late Friday, said spokesman Jeremy Hughes in London.
U.S. stock rally propels Dow above 10,000 - MarketWatch
MarketWatch | 39 days 16 hours 27 minutes ago
U.S. stock rally propels Dow above 10,000
Intel's strength lifts U.S. stock futures - MarketWatch
MarketWatch | 40 days 2 hours 52 minutes ago
S&P 500 futures rose 13.9 points to 1,082.70 and Nasdaq 100 futures added 22.75 points to 1,749.50. Futures on the Dow Jones Industrial Average rose 105 points.
Dimon sees need for systemic regulator - MarketWatch
MarketWatch | 26 days 16 hours 28 minutes ago
"Everyone should be allowed to fail," Dimon told attendees at the annual meeting of Wall Street's biggest trade group The Securities Industry and Financial Markets Association. "But," he added, "you don't want a failure to hurt the country."
Greylock Capital Management Selects J.P. Morgan for Private Equity Fund Administration [Press Release]
Business Wire | 13 days 22 hours 27 minutes ago
J.P. Morgan announced today that it has been appointed by New York-based Greylock Capital Management LLC to provide private equity fund administration. Greylock Capital is a leading alternative asset manager focused on emerging markets in Africa, Asia, Eastern Europe and Latin America.
Energy stocks tap into broad market rally - MarketWatch
MarketWatch | 39 days 23 hours 3 minutes ago
Tech stocks rally powered by Intel
Financial sector down after Goldman, Citi results - MarketWatch
MarketWatch | 38 days 22 hours 1 minute ago
Goldman posted quarterly profit of more than $3 billion. See full story.
JPMorgan Chase to hire 1,200 mortgage officers by end of 2010 to boost new loans, refinancing
Orlando Sentinel (Fla.) | 12 days 18 hours 12 minutes ago
ISELIN, N.J. (AP) — 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.
U.S. stock market looks to financials for results - MarketWatch
MarketWatch | 34 days 21 hours 9 minutes ago
And, "some of the regional banks reporting third-quarter results appear to have come in with negative earnings surprises as they continue to ramp up credit losses and increase loan-loss reserves," said Fred Dickson, chief market strategist, Davidson Cos.
U.S. stocks brace for more earnings - MarketWatch
MarketWatch | 36 days 19 hours 21 minutes ago
With just 61 S&P 500 companies having reported earnings so far, 79% have topped analysts' expectations, 11% have matched, and 10% have come in below expectations, according to Thomson Reuters.
JPMorgan Chase to hire 1,200 mortgage officers by end of 2010 to boost new loans, refinancing -- South Florida Sun-Sentinel.com
Sun-Sentinel (Fort Lauderdale, Fla.) | 12 days 18 hours 44 minutes ago
ISELIN, N.J. (AP) — 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.
JPMorgan Chase to hire 1,200 mortgage officers
Builder Online | 11 days 18 hours 12 minutes ago
ISELIN, N.J. - 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.
Amadeus hires coordinators for IPO: report - MarketWatch
MarketWatch | 40 days 4 hours 32 minutes ago
The company had already retained investment bank Rothschild as its leading adviser for a planned offering of a 30% stake in the company, according to the report.
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 |