jpmorgan-chase
Hamilton Nolan · 07/08/15 09:25AM
How JPMorgan Robbed a Church
Hamilton Nolan · 01/08/15 12:15PMJPMorgan's Commodity Scam, JPMorgan's Mortgage Crimes, JPMorgan's...
Hamilton Nolan · 11/26/14 10:25AMHamilton Nolan · 10/21/14 08:02AM
Hamilton Nolan · 10/17/14 09:23AM
Five Good Candidates to Succeed Jamie Dimon
Hamilton Nolan · 07/03/14 09:34AMEx-JPMorgan Chase Chinese Executive Arrested by Anti-Corruption Squad
Jordan Sargent · 05/21/14 10:36AMMore good news for JPMorgan Chase, the investment bank which has paid $30 billion in fines in the last two years: the firm's ex-head of investment banking in China was recently arrested in Hong Kong by an anti-corruption agency in an investigation believed to be related to the bank's possibly-illegal nepotistic hiring practices.
Hamilton Nolan · 04/11/14 08:41AM
Of Course Jamie Dimon Got a Raise
Hamilton Nolan · 01/24/14 10:02AMHamilton Nolan · 01/14/14 09:31AM
Billions of dollars of legal costs related to endless findings of wrongdoing cost JPMorgan Chase only 27 cents per share in the fourth quarter. The company's profits fell to a mere $5.28 billion in the past three months. The bank is no doubt severely chastened by the serious consequences for its misdeeds.
Hamilton Nolan · 01/08/14 09:19AM
JPMorgan has agreed to pay a settlement of $2.6 billion for charges related to the bank's failure to stop Bernie Madoff's Ponzi scheme. In the past two years, the bank has paid close to $30 billion in legal settlements. That number is smaller than JPMorgan's profits, so Jamie Dimon will never get fired.
JPMorgan's Deliberate Decision to Sell Toxic Garbage
Hamilton Nolan · 11/20/13 10:30AMCord Jefferson · 10/25/13 06:53PM
JPMorgan Chase has agreed to pay $5.1 billion to settle claims that it misled Fannie Mae and Freddie Mac about mortgage securities it sold them in the lead up to the housing market crash. HuffPo's "JPMorgan Shame Tracker" reports that this puts JPMorgan's fine and legal cost bill since 2009 at $31.28 billion.
JPMorgan Is Basically Under Permanent Government Investigation Now
Hamilton Nolan · 10/24/13 10:55AMJamie Dimon Vs. JPMorgan: One Must Go
Hamilton Nolan · 10/15/13 09:11AMHamilton Nolan · 09/25/13 03:44PM
Hamilton Nolan · 09/24/13 11:25AM
JPMorgan Hit With Puny $920M Fine Over ‘London Whale’ Debacle
J.K. Trotter · 09/19/13 09:53AMTitanic financial firm JPMorgan Chase posted $6.5 billion in profits during its last quarter—a company record. For lying to multiple governments and its own investors about losses of $6 billion, however, the bank will have to pay just $920 million, or 0.03 percent of its current holdings. With total assets of $2.35 trillion, JPMorgan could pay the same fine every hour for three months, or every day for seven years, before their coffers would run dry.
More Banks Scrap Debit Card Fee Idea
Lauri Apple · 11/01/11 09:27AMNow Sun Trust and and Regions Financial have joined Wells Fargo and J.P. Morgan Chase & Co. in deciding that charging customers debit card fees on purchases is a stupid idea, the Wall Street Journal reports. This makes Bank of America the only loser bank among America's largest loser banks to keep its $5 fee plan. Way to stay strong, guys!