The largest global investment banks face further cost reductions, like the job cuts JPMorgan began this month, after a drop in first-half expenses failed to match a decline in revenue.
J.P. Morgan is a leader in financial services, offering solutions to clients in more than 100 countries with one of the most comprehensive global product platforms available.
The SEC conducted a dragnet to determine who in the agency allegedly leaked information about a JP Morgan "London Whale" settlement, CNBC has learned.
Job losses in corporate and investment banking.
JPMorgan found the perfect suitor for a big book of loans it had made around the world but wanted to get rid of: Bain Capital.
Continuing to buck the trend.
A U.S. federal judge on Wednesday dismissed a shareholders' lawsuit claiming JPMorgan board members knew about Bernard Madoff's Ponzi scheme and ignored red flags signaling his massive fraud.
UBS has hired a new sector head to grow its America's power investment banking practice, according to an internal memo obtained by Reuters.
JPMorgan head honcho Jamie Dimon might want to send the attorney general a thank-you card.
Almost half of all finance professionals expect bonuses to be smaller this year, if they get one at all, according to a Bloomberg Global Poll.
JPMorgan will let Jamie Dimon collect about $37m in stock options created during the financial crisis, as the board stands by its leader after risk-management lapses and billions of dollars in legal settlements.
JPMorgan Chase is considering moving its headquarters within New York as the company has fewer employees in the nation’s largest city, according to a person briefed on the discussions.
We've called in the services of Ivana Takitall, author of the best-selling 'Bankers, Bonuses & Big Divorce Settlements', who has agreed to rate 12 top financial markets firms in terms of how likely they are to provide single females with their perfect partner.
Here's the latest on the 'Movers & Shakers' front.
Banks including JPMorgan Chase, Citigroup and Morgan Stanley have been notified regulators are preparing enforcement actions on currency rigging, people familiar with the investigation said.
Michael E. O'Neill was among a small group of directors who after the financial crisis urged the company to weigh the pros and cons of splitting up the third-largest U.S. bank, said people familiar with the deliberations.
Nearly half of the municipal research team at Bank of America Merrill Lynch, the biggest lead manager of municipal bond sales in the $3.7 trillion U.S. market, left the firm last week in a restructuring of the unit, the company confirmed on Monday.
JP Morgan is reviewing its correspondent banking unit and not taking on new business from foreign lenders after regulators identified deficiencies in its anti-money-laundering procedures.
Here's the 'story' of Amazing Grace, the former Lehman Brothers fixed income salesperson who went on to become an exotic dancer (and more).
And the winners are.....
Continuing to buck the trend.