Tuesday 24 December 2024
 
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JPMorgan Chase

Aramco set for world's biggest IPO, top global banks signed up

Saudi Aramco has appointed JPMorgan Chase & Co., Morgan Stanley and HSBC Holdings for key roles on its initial public offering (IPO), said a report citing people familiar with the matter, as it moves ahead with plans for what could be the

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Aramco set for world's biggest IPO, top global banks signed up

Saudi Aramco has appointed JPMorgan Chase & Co., Morgan Stanley and HSBC Holdings for key roles on its initial public offering (IPO), said a report citing people familiar with the matter, as it moves ahead with plans for what could be the

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JPMorgan Chase building rival to Apple Pay

JPMorgan Chase & Co said on Monday it will soon launch its own competitor to Apple Pay that will allow consumers to pay retailers using their smartphones in stores, and it has already won the endorsement of a major group of merchants.

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JPMorgan sees 20pc revenue fall

JPMorgan Chase and Company expects second-quarter revenue from bond and equity trading to decline by about 20 per cent from a year earlier, the biggest US bank by assets said. The outlook is based on results so far this quarter wh

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JPMorgan profit down as trading revenue falls

JPMorgan Chase & Company posted far weaker-than-expected quarterly profit as uncertainty about the US economy weighed on investor trading volumes and consumer borrowing. Results from the first of the major Wall Street banks to

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JPMorgan Chase to cut 5,000 jobs

US banking giant JPMorgan Chase said it would eliminate 5,000 jobs from its global workforce this year. JPMorgan forecast its total headcount in 2014 at 260,000, down from 265,000 in 2013 and 280,000 in 2011, according to a presen

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JPMorgan Chase to pay $4.5bn in mortgage deal

JPMorgan Chase & Company,  the biggest US bank by assets, has agreed to pay $4.5 billion to settle claims by investors who lost money on mortgage-backed securities before the collapse of the US housing market. The bank re

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JPMorgan in $4bn deal with US housing agency

JPMorgan Chase & Co has reached a tentative $4 billion deal with the US Federal Housing Finance Agency to settle claims that the bank misled government-sponsored mortgage agencies about the quality of mortgages it sold them during the hous

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US plans to sue big banks over mortgages

The agency that oversees mortgage markets is preparing to file suit against more than a dozen big banks, accusing them of misrepresenting the quality of mortgages they packaged and sold during the housing bubble, The New York Times reported.

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Ahli United wins JPMorgan quality award

Ahli United Bank (AUB) has been awarded the Elite Quality Recognition Award 2011 by JPMorgan Chase, in recognition of the bank's superior and virtually error-free processing of funds transfers and treasury transactions. This is the seventh

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