JPMorgan’s Second-Quarter Numbers a Hopeful Sign for Economic Growth
JPMorgan Chase's results exceed analyst expectations even as the bank grappled with lackluster revenue from trading and a slowdown in mortgage lending.
View ArticleBanks Cash In on Inversion Deals Intended to Elude Taxes
Wall Street banks are estimated to have collected, or will soon collect, nearly $1 billion in fees over the last three years advising and persuading American companies to move the address of their...
View ArticleMetLife’s Low Profile May Work to Its Advantage
It’s understandable if MetLife objects to being labeled a systemically important financial institution, an action that's likely later this week. But public disputes with regulators are never advisable,...
View ArticleBanks Did It Apple’s Way in Payments by Mobile
The eagerness of banks and card companies to work with Apple on its mobile payment system suggests Apple’s clout and the concern financial players have for their future.
View ArticleEric Holder’s Mixed Legacy on White-Collar Crime
Mr. Holder's tenure as attorney general was marked by multibillion-dollar settlements with big banks but few prosecutions of executives, Peter J. Henning writes in the White Collar Watch column.
View ArticleDimon Calls for Help on Cyberattacks
In his first public comments since the summer breach, the JPMorgan chief executive tells a conference: "This is going to be a big deal and there will be a lot of battles."
View ArticleTrading Revenue Lifts JPMorgan Chase Back to Profit in 3rd Quarter
The earnings were hampered by the $1.1 billion the bank set aside for legal costs, much of it to deal with an investigation into potential manipulation of the foreign exchange market by the biggest banks.
View ArticleChallenges Old and New for Jamie Dimon
JPMorgan Chase's earnings missed estimates thanks to legal and other costs. The investment bank is punching below its weight, notes Antony Currie of Reuters Breakingviews. And cybersecurity is a...
View ArticleJamie Dimon of JPMorgan Chase Says, ‘No Evidence of Cancer’
Jamie Dimon who was given a diagnosis of throat cancer last summer, sent an email to his staff on Friday saying a new round of tests "came back completely clear."
View ArticleIn JPMorgan Chase Report, Worrying Admissions and Ideas for Improvement
JPMorgan is mostly laying out what it has already done after commissioning a report detailing how it has responded to crises, Antony Currie writes in Reuters Breakingviews.
View ArticleThe Break-Up Question Over JPMorgan Chase
Applying Wells Fargo's multiple to a company created out of JPMorgan's consumer and business lending operations could theoretically value that "New Chase" at $100 billion.
View ArticleJPMorgan Chase’s Results Augur a Year of Mediocrity for Big Banks
More lending is doing little for results, revenue was down and expenses were up. The outlook is not rosy for Jamie Dimon or his rivals, says Antony Currie of Reuters Breakingviews.
View ArticleJPMorgan Chase and Goldman Sachs Chiefs to Get a Sweeter Pay Package
Jamie Dimon's pay stayed flat at $20 million, but he is receiving $7.4 million in easier-to-access cash instead of restricted stock. Lloyd Blankfein received a $1 million bump, to $24 million.
View ArticleHint for Investors in Rise in Cash for Wall St. Chiefs’ Pay
With stock gains at the big banks slowing, cash bonuses may seem relatively more appealing to bank bosses. Investors should keep that in mind, Antony Currie of Reuters Breakingviews writes.
View ArticleS.E.C. Has Yet to Set Rule on Tricky Ratio of C.E.O.’s Pay to Workers’
Chief executives of successful companies may deserve handsome pay packages, but how do you value the contribution of the average worker?
View Article
