JPMorgan Chase & Co.
News and overview for JPMorgan Chase & Co.
Half of regional banks lag third-quarter forecasts - MarketWatch
MarketWatch | 14 days 23 hours 10 minutes ago
"A challenging operating environment continued to plague banks in the third quarter, as earnings results for the quarter unveiled great disparity," said Keefe Bruyette & Woods analyst Melissa Roberts in a research note. "Credit also remains in focus as headwinds persist."
JPMorgan takes control of Cazenove
CNNMoney.com | 5 days 4 hours 27 minutes ago
U.S. bank agrees to buy the half of the UK broker it does not already own for $1.67 billion.
Financial stocks slip; insurers move broadly lower - MarketWatch
MarketWatch | 11 days 22 hours 31 minutes ago
Insurers led the drop, with the seven biggest decliners in the S&P financial sector all from that industry.
Stocks end losing streak; Dow closes above 10,000 - MarketWatch
MarketWatch | 17 days 16 hours 43 minutes ago
Other markets showed a push into less-risky assets. U.S. gold futures topped $1,100 an ounce for the first time, settling at $1,095.10. Treasury prices were higher. Read more about gold and metals stocks.
Broad-based rally powers sector higher - MarketWatch
MarketWatch | 14 days 17 hours 7 minutes ago
Investors bought shares across all subcategories but showed particular taste for credit-card and real-estate firms.
Goldman beefs up its M&A numbers - MarketWatch
MarketWatch | 20 days 19 hours 18 minutes ago
"Fees from these deals will not be recorded until closing, but they are expected to be substantial," according to Rochdale Securities' analyst Dick Bove.
Wall Street bankers shouldn't get H1N1 vaccine, group says - MarketWatch
MarketWatch | 18 days 13 hours 33 minutes ago
WASHINGTON (MarketWatch) -- A Washington, D.C., nonprofit group wants to know why Wall Street bankers are getting vaccines against the new H1N1 flu strain when many Americans are being told to wait.
J.P. Morgan, Intel, Abbott Laboratories in focus - MarketWatch
MarketWatch | 41 days 1 hour 39 minutes ago
See Europe Markets for more.See Asia Markets for more.
Wednesday's biggest gaining and declining stocks - MarketWatch
MarketWatch | 41 days 3 hours 1 minute ago
The company appears to be riding its manufacturing engine on all cylinders, as well as benefiting from better demand for its computer chips.
J.P. Morgan Survey Reveals Behaviors of 401(k) Participants after Market Volatility [Press Release]
PRNewswire | 39 days 19 hours 41 minutes ago
NEW YORK, Oct. 15 /PRNewswire-FirstCall/ -- J.P. Morgan Retirement Plan Services released the findings of a nationwide Harris Interactive survey of 1,077 employees participating in 401(k) plans. The survey was conducted online April 24-May 1, 2009 and captured participants' thoughts on retirement readiness, the economic impact on their retirement plan and what investment decisions they made as a result of the market downturn.
Dow at 10,000? Wake me when it's 14,000 David Callaway - MarketWatch
MarketWatch | 40 days 10 hours 28 minutes ago
Try as we might, the financial news media just couldn't muster the same enthusiasm on Wednesday for the Dow's crossing of the 10,000 threshold that we did when it first crossed that level on March 29, 1999 -- a week after I started at MarketWatch.
Marsh on Monday: How to become a European political boss - MarketWatch
MarketWatch | 43 days 10 hours 35 minutes ago
A new development in recent years is the way officials who attain the highest of jobs in public finance use them as springboards towards extravagant political careers. Take, for example, the ever-youthful financial technocrat Horst K hler, the one-time bag carrier for former West German finance minister Gerhard Stoltenberg. K hler later became managing director of the International Monetary Fund.
J.P. Morgan Funds Launches Online Target Date Compass [Press Release]
Business Wire | 27 days 22 hours 9 minutes ago
J.P. Morgan Funds has launched an online version of its target date evaluation program, the Target Date Compass. The program provides a framework advisors can use to evaluate design factors such as time horizon, participant behavior, risk management and asset class diversification, and identify those target date strategies that are most closely aligned with the goals of the plan sponsor and its participants.
Bove's influence rises at confluence of media, finance - MarketWatch
MarketWatch | 32 days 9 hours 36 minutes ago
NEW YORK (MarketWatch) -- Richard X. Bove, the longtime banking-industry pundit, wields significant influence on Wall Street these days.
Lewis departure make perfect sense now MarketWatch First Take - MarketWatch
MarketWatch | 39 days 30 minutes ago
Reuters Ken Lewis
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 |