JPMorgan Chase & Co.
News and overview for JPMorgan Chase & Co.
Two Bear Stearns execs found not guilty: reports - MarketWatch
MarketWatch | 13 days 6 hours 23 minutes ago
JPM
Einhorn bets on major currency death spiral - MarketWatch
MarketWatch | 35 days 10 hours 6 minutes ago
Reuters David Einhorn of Greenlight Capital.
Acquisition Declared Unconditional - CARBON ACQUISITION COMPANY LTD TO ACQUIRE ECOSECURITIES GROUP PLC [Press Release]
MarketWire | 21 days 14 hours 21 minutes ago
LONDON -- (Marketwire) -- 11/02/09 -- Carbon Acquisition Company Ltd's, a wholly-owned indirect subsidiary of J.P. Morgan (NYSE: JPM) £1.05 a share offer to acquire EcoSecurities Group Plc (EcoSecurities) (LSE: ECO), a leading company in the business of sourcing, developing and trading emission reduction credits, has become wholly unconditional.
Southland Social Salutes Los Angeles Affordable Housing Leaders [Press Release]
PRNewswire | 46 days 10 hours 41 minutes ago
LOS ANGELES, Oct. 8 /PRNewswire/ -- Enterprise Community Partners (Enterprise) in Los Angeles will host the 2nd annual Southland Social on Thursday, October 8, 2009 at 6:30 pm at the Hollywood Roosevelt Hotel in Hollywood. Themed "Strengthening Communities through Housing Solutions," the evening will laud honorees that have shown extraordinary dedication in working with Los Angeles' neediest communities and offering strong neighborhood solutions during the current economic downturn.
Zacks Analyst Blog Highlights: Eli Lilly & Co., Wells Fargo, Bank of America Corporation, Citigroup, Inc. and JPMorgan Chase & Co. [Press Release]
Business Wire | 32 days 6 hours 45 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: Eli Lilly & Co. (NYSE: LLY), Wells Fargo (NYSE: WFC), Bank of America Corporation (NYSE: BAC), Citigroup, Inc. (NYSE: C) and JPMorgan Chase & Co. (NYSE: JPM).
J.P. Morgan Expands Latin American Presence Offering Treasury Management Solutions in Brazil [Press Release]
Business Wire | 33 days 14 hours 45 minutes ago
J.P. Morgan’s Treasury Services business, a full-service provider of cash management, trade finance and treasury solutions, today announced it has made its treasury management solutions available locally to clients in, or doing business in, the Brazilian marketplace. This expansion of services is evidence of J.P. Morgan’s continuing commitment to the Latin-America region and its focused international expansion efforts aimed at increasing the bank’s footprint globally. J.P. Morgan has plans to...
U.S. stock futures up before Bernanke, data - MarketWatch
MarketWatch | 7 days 16 hours 41 minutes ago
S&P 500 futures rose 8.7 points to 1,100.10 and Nasdaq 100 futures added 9.75 points to 1,798.00. Futures on the Dow Jones Industrial Average rose 64 points.
Lazard feels the void left by Wasserstein MarketWatch First Take - MarketWatch
MarketWatch | 13 days 11 hours 38 minutes ago
That struggle is becoming public as three frontrunners have emerged to take leadership of the firm. Ken Jacobs, Gary Parr and Steve Golub, all senior executives, have emerged as candidates to share power in a multi-headed management structure at Lazard, according to the New York Post. See full story.
Wall Street, Bloomberg & the Yankees strike back David Weidner's Writing on the Wall - MarketWatch
MarketWatch | 13 days 22 hours 17 minutes ago
That's what happened last Friday when, in the shadow of Wall Street, New York City Mayor Michael Bloomberg hailed the New York Yankees after the team's parade celebrating the organization's 27th championship. It wasn't just a special moment; it was the best moment money could buy.
J.P. Morgan Appointed Depositary Bank for Banco Santander (Brasil) S.A. [Press Release]
Business Wire | 35 days 14 hours 30 minutes ago
J.P. Morgan today announced that it has been appointed depositary bank by Banco Santander (Brasil) S.A. (“Santander Brasil”), the fourth largest bank in Brazil, for its American Depositary Receipt (ADR) program. Santander Brasil trades on the New York Stock Exchange (NYSE) under the symbol “BSBR” and on the Sao Paulo Stock Exchange (BOVESPA) under the symbol “SANB11.” Shares began trading on the NYSE and on BOVESPA on October 7.
JPMorgan Strategic Income Opportunities Fund Surpasses $1 Billion in Assets [Press Release]
PRNewswire | 84 days 7 hours 43 minutes ago
...Services, Inc., which is an affiliate of JPMorgan Chase & Co. Affiliates of JPMorgan Chase & Co. receive fees for providing various services...name for the asset management businesses of JPMorgan Chase & Co. Those businesses include, but are not...
MarketWatch's top stories of the week, Oct. 12-16 - MarketWatch
MarketWatch | 38 days 7 hours 5 minutes ago
Next week brings results from an even larger array of companies, including 12 in the Dow Jones Industrial Average. That deluge should, by this time next week, give us a much better idea how the health of corporate America is holding up during flu season.
JPMorgan earns $3.6B, but loan losses remain high
Yahoo! | 40 days 1 hour 6 minutes ago
NEW YORK – JPMorgan Chase & Co. reported strong third-quarter earnings Wednesday as its thriving investment banking business more than offset rising loan losses that the bank warned would continue for the foreseeable future.
Dimon: JPMorgan Chase "didn't need" TARP
SIFMA SmartBrief | 84 days 22 hours 45 minutes ago
JPMorgan Chase & Co. Chief Executive Jamie Dimon said the $25 billion his bank received...Chicago Tribune. Dimon also disputed claims that the government had given JPMorgan assistance in acquiring Bear Stearns and Washington Mutual.
A chill pill for the J.P. Morgan frenzy MarketWatch First Take - MarketWatch
MarketWatch | 40 days 11 hours 17 minutes ago
The bank announced blockbuster results on Wednesday posting third-quarter earnings of $3.6 billion, or 82 cents a share. Analysts had expected the company to earn 52 cents a share, according to a survey by Thomson Reuters. See full story.
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 |