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JP Morgan Chase News

News on JP Morgan Chase continually updated from thousands of sources around the net.

6 hrs ago | Pacific Business News (Honolulu)

Cerberus buys Hawaiian Telcom stake

A New York-based private equity firm has paid off part of Hawaiian Telcom 's debt in exchange for an equity share when the bankrupt phone company emerges from Chapter 11.

Comment?

Related Topix: Hawaii, Airlines, Hawaiian Airlines, Economics News, Bankruptcy, Banking, Honolulu Metro, Honolulu, HI

Mon Nov 23, 2009

WEAR TV3

Conn. man accused of $20M investment fraud

Authorities say a Wethersfield man is charged with running a 12-year scheme that defrauded investors of more than $20 million.

Comment?

Related Topix: Banking, Connecticut, Connecticut Government

Telegraph.co.uk

JP Morgan Chase chief executive Jamie Dimon touted as successor to US Treasury Secretary Tim Geithner

Jamie Dimon, chief executive JP Morgan Chase, is being discussed as a potential successor to Tim Geithner when the current US Treasury Secretary to hang up his hat.

Comment?

Related Topix: Banking, US Politics, US News, Barack Obama, Housing, Kevin Brady, Republican, US House of Representatives

Fulton County Daily Report

Buffett's Berkshire taps JPMorgan, Wells Fargofor takeover loan

JPMorgan Chase & Co. and Wells Fargo & Co. are arranging an $8 billion loan for Warren Buffett's Berkshire Hathaway Inc.

Comment?

Related Topix: Berkshire Hathaway, Insurance, Banking, Wells Fargo , Financial Services, Warren Buffett, Construction, Investment Services, Railroads, Burlington Northern Santa Fe, Opinion

Sun Nov 22, 2009

AmericanBankingNews.com

Bank of America (NYSE:BAC), Wells Fargo (NYSE:WFC), Citigroup...

There's good and bad news when you consider that a large growth area for job creation is with Bank of America , Wells Fargo , Citigroup , and J.P. Morgan Chase , which have hired approximately 17,000 workers so far in 2009 in order to prepare for the growing number of defaults.

Comment?

Related Topix: Wells Fargo , Banking, Financial Services, Citigroup, Bank of America, Home, Mortgage, Personal Finance

The Stop Shopping Monitor

Guest Blog: JP Morgan Chase sells Americans on consumerism, and...

Guest Blog: JP Morgan Chase sells Americans on consumerism, and leaves them homeless, from Appalachia to New York City.

Comment?

Related Topix: Banking

Bloomberg Business News

Bank of America, UBS, JPMorgan Accused of Rigging Derivative Sales in Suit

Bank of America Corp. , UBS AG and JPMorgan Chase & Co. were sued by a California public utility over claims they rigged sales of municipal derivatives and shared illegal profits through kickbacks.

Comment?

Related Topix: Banking, Bank of America, Financial Services, Ubs Ag, Energy, Sacramento, CA, Beverly Hills, CA

Sat Nov 21, 2009

Money Morning

Battle for Cadbury Gets Sticky as Hershey & Italya s Ferrero Mull Offer

Hershey Co. and Italian-based confectioner Ferrero SpA are considering a possible bid for U.K. candy giant Cadbury PLC , raising the potential for a costly bidding war.

Comment?

Related Topix: Food, Hershey Foods, Kraft Foods, Banking

CareerJournal

Hiring Boom in Mortgage Restructuring

Close See a sample reprint in PDF format. Order a reprint of this article now By KYLE STOCK Mortgage restructuring for strapped homeowners has emerged as a rare growth area in the economy as companies in the field keep hiring.

Comment?

Related Topix: Home, Mortgage, Personal Finance, Banking, Financial Services, Citigroup, Wells Fargo , Foreclosures

NetworkWorld

Fake Payment Request Attack Ramps Up

A currently underway attack is attempting to trick victims with an e-mail that purports to request a verification for payment to a major company, but instead carries a Trojan.

Comment?

Related Topix: Email Spam, Banking

Fri Nov 20, 2009

Reuters

Hershey mulls $17 billion solo bid for Cadbury: source

U.S. chocolate maker Hershey Co is considering launching a bid of at least $17 billion for British chocolatier Cadbury Plc as it seeks to trump a hostile offer by Kraft Foods Inc, a source familiar with the matter said on Friday.

Comment?

Related Topix: Food, Hershey Foods, Life, Chocolate, Kraft Foods, Banking

The New Braunfels Herald

Chase drops arbitration from card contracts

JPMorgan Chase & Co. said Friday it is dropping a clause from its credit card contracts that required disputes with customers to be handled through binding arbitration, a move that could lead to consumers filing class-action and other lawsuits.

Comment?

Related Topix: Banking

13abc.com

Kroger customers targeted by check scam

Upset customers have been bringing the checks to Kroger stores when they are rejected by commercial banks.

Comment?

Related Topix: Lottery, Banking

The Retail Stock Blog

Jack in the Box F4Q09 Earnings Call Transcript

Jack in the Box Inc. F4Q09 Earnings Call November 19, 2009 1:30 pm ET Executives Carol DiRaimo - Investor Relations Linda A. Lang - Chairman of the Board, Chief Executive Officer Jerry P. Rebel - Chief Financial Officer, Executive Vice President Paul L. Schultz - President, Chief Operating Officer Analysts Joseph Buckley - BAS-ML Steven Rees - J.P.

Comment?

Related Topix: Jack in the Box, Restaurant Management, Banking, Credit Suisse Asset Mnagement Income Fund, Investment Banking, Financial Services, Goldman Sachs Group, Investment Services, Santa Monica, CA

Thu Nov 19, 2009

Fox News

JPMorgan Buys Out Cazenove Interest in JV

JPMorgan Chase & Co. announced Thursday that it will purchase the remainder of J.P. Morgan Cazenove Group that it didn't already own for 1 billion pounds.

Comment?

Related Topix: Banking, Business News

Star Tribune

Treasury to sell warrants as 3 banks exit bailouts

In another sign that the government's emergency financial programs are being reeled in, the Treasury Department said Thursday it will auction off warrants for three banks that it acquired as part of last fall's bailouts.

Comment?

Related Topix: US News, US Treasury, Banking, Capital One Financial, Financial Services, TCF Financial

KIVI-TV Nampa

Top employers for global business undergrads

In the global war for talent, the likely winners are U.S.-based global companies that offer border-crossing career opportunities and appeal to the wanderlust of a new generation.

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Related Topix: Google, Startups, Investment Banking, Financial Services, Goldman Sachs Group, Investment Services, Travel, Germany Travel, Europe, World News, United Kingdom, Banking

RTE.ie

JP Morgan takes full control of Cazenove

US investment bank JP Morgan Chase today announced a deal to take full control of Cazenove, a 190-year-old London stockbroker with Britain's Queen Elizabeth II among its clients.

Comment?

Related Topix: Banking, Financial Services, Investment Banking

Earth Times

Zacks Analyst Blog Highlights: American Express Co., Bank of America...

Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets.

Comment?

Related Topix: Banking, American Express, Bank of America, Financial Services, Financial Markets, Citigroup, Capital One Financial

Wed Nov 18, 2009

MarketWatch

Record profit after bailouts

Wall Street made record profits in the wake of government bailouts across the industry, according to a report by the New York State Comptroller.

Comment?

Related Topix: Investment Banking, Financial Services, Goldman Sachs Group, Investment Services, Morgan Stanley European Fund, Morgan Stanley, Banking

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