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JP Morgan Visited by Italian Tax Police

JP Morgan Visited by Italian Tax Police

An enormous banking scandal in Italy has spread to international investment firms, including America’s own JP Morgan group. On Thursday, Italian tax police arrived at JP Morgan’s Milan offices to…

JPMorgan Chase Questions Involvement of Lawyer from New York AG’s Office

JPMorgan Chase Questions Involvement of Lawyer from New York AG’s Office

  Questions have been raised by JPMorgan Chase & Co regarding a senior lawyer from the office of the New York Attorney General in a lawsuit that alleges wrongdoing by…

Compensation for Jamie Dimon Reduced by JPMorgan Chase & Co Board of Directors

Compensation for Jamie Dimon Reduced by JPMorgan Chase & Co Board of Directors

  The annual bonus for Jamie Dimon has been cut in half by JPMorgan Chase & Co’s board of directors, who cited the company’s $6.2 billion “London Whale” trading loss,…

JPMorgan Sues Bruno Iksil, The London Whale Boss, over $6.2B in Losses

JPMorgan Sues Bruno Iksil, The London Whale Boss, over $6.2B in Losses

JPMorgan Chase & Co has lost a lot of money on trading and is out to punish those responsible. Specifically, they are going after the executive who supervises Bruno Iksil,…

JPMorgan Chase Ordered to Pay $18 Million to a Trust

JPMorgan Chase Ordered to Pay $18 Million to a Trust

  JPMorgan Chase & Co has been ordered by a United States state court to pay over $18 million to a trust in a lawsuit that was filed because of…

Probe by OCC Focuses on Anti-Money Laundering System Used by JPMorgan

Probe by OCC Focuses on Anti-Money Laundering System Used by JPMorgan

  JPMorgan Chase & Co’s monitoring system for suspect money transactions is being probed by the United States. The probe is centered around the personnel and the system that the…

Preliminary Approval Granted to JPMorgan Chase Settlement

Preliminary Approval Granted to JPMorgan Chase Settlement

  A judge has preliminarily approved a $100 million class-action settlement with customers of credit card companies and JPMorgan Chase & Co. The credit card company customers accused JPMorgan Chase…

Class Action Filed Against JPMorgan for Pushing In-House Funds on Clients

Class Action Filed Against JPMorgan for Pushing In-House Funds on Clients

A former brokerage client has sued JPMorgan Chase & Co for steering him and other investors to funds, which were both underperforming and overpriced. The complaint alleges that JPMorgan did…

Bad Trade by JPMorgan Chase Ballooned to Over $5 Billion

Bad Trade by JPMorgan Chase Ballooned to Over $5 Billion

  On Friday, JPMorgan Chase said that a bad trade cost the bank $5.8 billion in 2012, which is triple the estimate it originally gave. The company also said that…

Delaware is Home to More Companies Than Residents

Delaware is Home to More Companies Than Residents

  Google, Apple, Bank of America and JPMorgan Chase have one thing in common; the same legal address. Their address is not found in Silicon Valley or on Wall Street…

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