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JPMorgan

US Banks Paid More than $100 Billion in Litigation and Legal Fees

Bloomberg reported today that since the recession, the six biggest US banks have spent more than $100 billion in litigation,…

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,…

JPMorgan to Face Lawsuit over Its Investments in Lehman

On Wednesday, U.S. District Judge Katherine Forrest in Manhattan refused JPMorgan’s motion to dismiss a lawsuit brought in 2009 by…

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…

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,…

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…

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…

Goldman Sachs Banks on What JPMorgan Won’t Touch with Chesapeake

It's usually head to head between JPMorgan Chase & Co. and Goldman Sachs Group, Inc., when they try to out…

Jamie Dimon, JPMorgan Executive, Faces Lawmakers

Jamie Dimon, the Chief Executive for JPMorgan Chase, made an appearance in front of lawmakers on Capitol Hill on Tuesday.…

Ina Drew, Chief Investment Officer at JPMorgan Chase, to Retire

On Monday it was announced by JPMorgan Chase that its chief investment officer, Ina Drew, is going to retire. This…

Picard Dealt Blow by Federal Judge in Suit Against JPMorgan

Attorney Irving Picard reached a setback in its 6.8 billion dollar case against JPMorgan. A federal judge ruled that the…

Update: Morgan & Finnegan’s Bouncing Severance Checks

New York Judge Richard Lowe has issued an injunction barring Morgan & Finnegan from selling or transferring assets, in a…