JPMorgan, Morgan Stanley set for key Aramco IPO roleSaudi Arabia is close to appointing leading banks - JPMorgan and Morgan Stanley - as lead underwriters on the initial public offering of Saudi Aramco, the world’s largest oil producer, which is aiming to become the most valuable listed c More… |
JPMorgan to raise minimum wage for 18,000 US workersJPMorgan Chase & Co Inc said on Tuesday it will raise the minimum wage for 18,000 US employees over three years, a decision that follows political pressure and moves by some states to raise pay for low-level workers. The wage More… |
JPMorgan could move thousands of staff out of UKJPMorgan Chase & Co could be forced to move thousands of staff out of Britain if the country loses its automatic right to sell financial services to the European Union after last month's Brexit vote, bank CEO Jamie Dimon told an Italian More… |
JPMorgan to raise deposit rates for some big clientsJPMorgan Chase & Co will begin raising deposit rates for some of its biggest clients in January, the Wall Street Journal reported, citing a person familiar with the matter. The bank's deposit-rate increase will affect most More… |
JPMorgan in $388m damages settlement dealJPMorgan Chase & Co agreed to pay $388 million to settle a suit by investors claiming that the largest US bank had misled them about the safety of $10 billion worth of residential mortgage-backed securities it sold before the financial crisi More… |
JPMorgan fund eyes $200m stake in India's SpiceJetA fund managed by JPMorgan Chase is in advanced talks to partner with Indian carrier SpiceJet's co-founder for a planned $200 million investment into the cash-strapped airline, the Economic Times reported on Thursday, citing unnamed sources More… |
JPMorgan fund eyes $200m stake in India's SpiceJetA fund managed by JPMorgan Chase is in advanced talks to partner with Indian carrier SpiceJet's co-founder for a planned $200 million investment into the cash-strapped airline, the Economic Times reported on Thursday, citing unnamed sources More… |
JPMorgan hack exposed data of 83 millionNames, addresses, phone numbers and email addresses of the holders of some 83 million households and small business accounts were exposed when computer systems at JPMorgan Chase were recently compromised by hackers, making it one of the biggest More… |
JPMorgan probes possible cyber attackJPMorgan Chase & Co is investigating a possible cyber attack and working with law enforcement authorities to determine the scope, a company spokeswoman said on Thursday morning. The bank was taking additional steps to safeguar More… |
Six banks join plan for shared customer data registerJPMorgan, Citigroup and four more major banks have signed up with an industry group to develop a central register of information on other banks they deal with to help to meet increasing compliance demands and costs. Swift, a Bruss More… |