JPMorgan Chase & Co.

News and overview for JPMorgan Chase & Co.

JPMorgan Chase to Present at the Goldman Sachs US Financial Services Conference 2009 [Press Release]
Business Wire | 6 hours 22 minutes ago
Jamie Dimon, Chairman and Chief Executive Officer of JPMorgan Chase & Co., will present at the Goldman Sachs US Financial Services Conference 2009 at the Goldman Sachs Conference Center in New York City, on Tuesday, December 8, 2009 at 2:50 p.m. (Eastern).


JPMorgan Chase & Co. Declares Quarterly Coupon on Alerian MLP Index ETN [Press Release]
Business Wire | 5 days 7 hours 2 minutes ago
JPMorgan Chase & Co. announced today the quarterly coupon amount for the Alerian MLP Index ETN (NYSE Arca: AMJ). The table below summarizes the coupon amount for the Alerian MLP Index ETN (the “Notes”).


Big Shakeup Among Ranks of Top-10 Lenders [Press Release]
PRNewswire | 3 hours 11 minutes ago
...ranked second. Wells Fargo & Co. came in at No. 2 -- relinquishing...quarter. Originations at No. 3 JPMorgan Chase & Co. were off 10% from the second...Rank Company 1. BoA 2. Wells 3. JPMorgan 4. GMAC 5. U.S. Bancorp 6...


JPMorgan Chase Reports Third-Quarter 2009 Net Income of $3.6 Billion, or $0.82 Per Share [Press Release]
Business Wire | 40 days 10 hours 12 minutes ago
JPMorgan Chase & Co. (NYSE: JPM) today reported third-quarter 2009 net income of $3.6 billion, compared with net income of $527 million in the third quarter of 2008. Earnings per share were $0.82, compared with $0.09 in the prior year.


Zacks Analyst Blog Highlights: American Express Co., Bank of America Corp., JPMorgan Chase & Co., Citigroup Inc. and Capital One Financial Corp. [Press Release]
Business Wire | 4 days 23 hours 11 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: American Express Co. (NYSE: AXP), Bank of America Corp. (NYSE: BAC), JPMorgan Chase & Co. (NYSE: JPM), Citigroup Inc. (NYSE: C) and Capital One Financial Corp. (NYSE: COF).


Chase Introduces Two New Business Cards with Added Benefits for Checking Account Customers [Press Release]
Business Wire | 5 days 7 hours 11 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.


New J.P. Morgan Report Offers Best Practices in Fighting Corporate Payments Fraud [Press Release]
Business Wire | 4 days 7 hours 11 minutes ago
J.P. Morgan today issued a report titled “Payments Fraud: How It Happens And What You Can Do To Protect Your Organization” in which the company shares best practices for battling check, automated clearing house (ACH), and credit card fraud, as well as tips on protecting treasury operations from advanced phishing techniques. The report also explores the key areas of fraud vulnerability and proliferation, and reviews fraud protection products and services available today.


Chase and Facebook Launch Innovative Giving Program for Small and Local Charities [Press Release]
Business Wire | 7 days 3 hours 25 minutes ago
For the first time ever, Facebook® users will be able to choose from more than 500,000 small and local charities to decide which community organizations they want to receive donations totaling millions of dollars from a corporate philanthropy fund. Chase and Facebook today announced the launch of Chase Community Giving: You Decide What Matters, a grassroots campaign to inspire a new way of corporate philanthropy.


JPMorgan Chase Declares Preferred Stock Dividend [Press Release]
Business Wire | 40 days 35 minutes ago
JPMorgan Chase & Co. (NYSE:JPM) declared a quarterly dividend on the outstanding shares of the corporation’s 8.625% Non-Cumulative Preferred Stock, Series J, in the amount of $215.6250 per share (which is equivalent to $0.53906 per related Depositary Share). The dividend is payable December 1, 2009, to stockholders of record at the close of business on November 2, 2009.


Third Chase Conversion Completes WaMu Integration in Just 13 Months [Press Release]
Business Wire | 21 days 7 hours 11 minutes ago
Chase announced today it has successfully upgraded products and technology in four states to link in the final 822 former Washington Mutual branches to the Chase computer system.


British Airways, Chase Card Services Offer U.S. Consumers New and Unprecedented Travel Benefits [Press Release]
PRNewswire | 7 days 1 hour 11 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...


JPMorgan Chase to Present at the BancAnalysts Association of Boston Conference [Press Release]
Business Wire | 28 days 3 hours 11 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).


JPMorgan Chase Announces Redemption of Bear Stearns Capital Trust III Preferred Securities [Press Release]
Business Wire | 24 days 4 hours 56 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.


Chase Nevada s New 200-Year-Old Bank Adds Glowing Octagon to Las Vegas Lights [Press Release]
Business Wire | 21 days 4 hours 6 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.


Chase To Increase Small Business Lending by $4 billion in 2010 [Press Release]
Business Wire | 14 days 2 hours 41 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.





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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