Citigroup and U.S. authorities will announce a $7bn agreement as soon as today to end probes of the bank’s sales of mortgage-backed bonds, according to a person with direct knowledge of the matter.
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.
Bank of America’s Merrill Lynch has appointed Akihiko Manaka to lead its mergers and acquisitions advisory business in Japan.
Sad to report.
JPMorgan hired UBS’s former China Chairman David Li to lead the Wall Street firm’s operations in the Asian nation.
Former JPMorgan trader Julien Grout was granted a court review of a U.K. regulator’s decision to drop him from a probe into a $6.2bn trading loss before he was allowed to respond to the allegations.
A former JPMorgan trader has filed an appeal with a London tribunal court to challenge civil findings made by Britain's financial watchdog against the bank over the 'London Whale' debacle of 2012, the Financial Times reported on Sunday, citing tribunal records.
JPMorgan unwittingly helped BNP Paribas violate U.S. sanctions as the bank hid billions of dollars in transactions involving Sudan and Cuba, according to court documents and people with knowledge of the matter.
The type of throat cancer Jamie Dimon has is curable in as many as 90% of cases with a treatment regimen that poses challenges for his demanding work schedule as chairman and chief executive officer of JPMorgan.
While Jamie Dimon's prognosis for recovery is good, JPMorgan's board needs to think about his successor, says Yale professor Jeffrey Sonnenfeld.
Dear Colleagues and Shareholders,
JPMorgan named Claudia Jury and Pranav Thakur as global co-heads of foreign exchange and emerging markets, part of a wider reshuffle prompted by the surprise departure of Mike Cavanagh two months ago.
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.
An upside surprise.
Here's the results for the Here Is The City Deep Blue Associates-sponsored '2008 Best Chief Technology Officer / Chief Information Officer Poll'.
JPMorgan Chase reported net income of $3.7bn for the fourth quarter of 2011, compared with $4.8bn for the fourth quarter of 2010. Full-year 2011 net income was a record $19.0 bn, compared with $17.4bn for the prior year.
Hot on the heels of the announcement that JPMorgan has spurned Canary Wharf and has chosen the 'Square Mile' for its new European HQ (St Alphage House in London Wall), most of the interest centres around the fact that, of the 1 million square feet that makes up the new building, there will be four giant trading floors of some 72,000 square feet each.
Bank of America's Merrill Lynch unit is hiring the head of VTB Capital’s Middle East cash-equity sales and sales trading in Dubai, Karim Nsouli, two people familiar with the matter said.
Mortgage-bond traders at JPMorgan, Morgan Stanley and Royal Bank of Scotland were placed on leave in recent weeks or months, according to people familiar with the matter.
Revenue pressures and relatively slow trading conditions to blame.