Jpmorgan Chase

Citigroup, Bank Of America, JPMorgan And Wells Fargo Control 39 Percent Of All Deposits

Reuters | Rolfe Winkler | Posted 11.15.2009 | Business


For the big have gotten even bigger since the start of the financial crisis. At the end of 2007, the Big Four banks -Citigroup, JPMorgan Chase, Bank o...

How JPMorgan Tried To Steal $7 Billion Worth Of Lehman Bros. From Barclays

Esquire | Tom Junod | Posted 11.11.2009 | Business


On September 23, 2008, Gerard LaRocca, a senior executive at Barclays Capital, the investment bank, got an emergency phone call from one of his employ...

The Financial Identity Crisis

Schuyler Brown | Posted 11.08.2009 | Business


Schuyler Brown

People are just not loyal to banks anymore, and why should they be? Banks leveled the first blow to the relationship by becoming estranged, unfamiliar and impersonal.

Are Banks Too Big? Don't Count on Them Downsizing Anytime Soon

David Fiderer | Posted 10.16.2009 | Business


David Fiderer

If a bank is too big to fail, is it too big? If the answer is yes, then the solution is international, as foreign banks are not only big, they also have much more of an international presence.

Wall Street Lobby Fights Against Derivatives Overhaul

bloomberg.com | Christine Harper, Matthew Leising and Shannon Harrington | Posted 10.16.2009 | Business


Aug. 31 (Bloomberg) -- Wall Street is suiting up for a battle to protect one of its richest fiefdoms, the $592 trillion over-the-counter derivatives m...

Madoff Account Made JPMorgan $483M: Linus Wilson

Crain's New York Business | Aaron Elstein | Posted 10.16.2009 | Business


J.P. Morgan Chase & Co. generated nearly half a billion dollars in profits from serving Bernie Madoff, according to data compiled by a well-known fina...

TRAILER: My New Movie Capitalism: A Love Story

Michael Moore | Posted 09.20.2009 | Business


Michael Moore

It's a crime story. But it's also a war story about class warfare. And a vampire movie, with the upper 1 percent feeding off the rest of us. And, of course, it's also a love story. Only it's about an abusive relationship.

Chase Introduces New "Sapphire" Credit Card For Wealthiest Customers

AP | Posted 09.19.2009 | Business


WILMINGTON, Del. — Chase Card Services, a unit of JPMorgan Chase & Co., said Wednesday it will now offer a rewards card designed for wealthy cus...

Obama Considers Making Banks Pay Fees For New Regulations

bloomberg.com | Rebecca Christie | Posted 09.14.2009 | Business


Aug. 14 (Bloomberg) -- President Barack Obama's administration is considering raising fees on larger financial firms to help cover costs of new regula...

A Penny From Heaven

Dan Dorfman | Posted 09.12.2009 | New York


Dan Dorfman

Penny Trenk recently pulled off the kind of financial feat that one might associate with the likes of investment whiz Warren Buffet. In sports, her feat would be like running a 4-minute mile.

JP Morgan Chase CEO Jamie Dimon: Time to Walk the Talk on Coal

Bruce Nilles | Posted 09.06.2009 | Green


Bruce Nilles

JPMorgan Chase is pouring billions of dollars into dirty coal plant projects -- projects that would dramatically increase global warming pollution and ensure runaway global warming.

The Public Option in Banking: How We Can Beat Wall Street at Its Own Game

Ellen Brown | Posted 09.05.2009 | Business


Ellen Brown

Many people feel that some bankers are thieves stealing from the public till and should be looking at jail time. But who is there to stop their parade of outrages?

In Madoff Case, Investment Banks May Be Sued: NY Post

New York Post | KAJA WHITEHOUSE | Posted 09.05.2009 | Business


Joseph Cotchett, the San Francisco trial lawyer who last week made a splash when he sat down with convicted Ponzi schemer Bernie Madoff, is using the ...

Cuomo Details Bonuses From Bailed-Out Banks

AP | Stephen Bernard, AP Business Writer | Posted 08.30.2009 | Business


NEW YORK (AP) -- Citigroup Inc., one of the biggest recipients of government bailout money, gave employees $5.33 billion in bonuses for 2008, New York...

Hirsh: Wall Street's 'Monster' Still Lives

newsweek.com | Posted 08.24.2009 | Business


Goldman Sachs and JPMorgan Chase have reported huge profits, the Dow has made it past 9000, and Barack Obama has moved on to health care. The horror s...

Weekly Audit: Bigger Than "Too Big to Fail"

The Media Consortium | Posted 08.21.2009 | Business


The Media Consortium

Congress should be writing regulations to curb risk in the financial system as fast as bankers are paying themselves bonuses. They're our representatives, after all, and it's our money.

Meatless Monday: Farmers Market Bounty

Ellen Kanner | Posted 08.20.2009 | Green


Ellen Kanner

For Goldman Sachs and JPMorgan Chase, the economy's dark days are over. Then there's the rest of us, for whom no bailout appears forthcoming and for ...

Emanuel Declines Invite To JPMorgan Board Meeting

Reuters | Posted 08.19.2009 | Business


U.S. President Barack Obama's chief of staff, Rahm Emanuel, has declined an invitation to attend a board meeting of JPMorgan Chase & Co, a White House...

Grandma Knows Best

Dan Dorfman | Posted 08.17.2009 | Business


Dan Dorfman

My grandma said that if I read something that doesn't seem to make sense, I should think twice about it. With that thought in mind, I decided to rattle off a slew of economic absurdities coming from Wall Street, the media and Washington.

Goldman, JPMorgan Are Wall St.'s New Giants

nytimes.com | GRAHAM BOWLEY | Posted 08.17.2009 | Business


A new order is emerging on Wall Street after the worst crisis since the Great Depression -- one in which just a couple of victors are starting to towe...

JPMorgan, Goldman Sachs: Two Giants Emerge From Wall Street Ruins

New York Times | GRAHAM BOWLEY | Posted 08.16.2009 | Business


A new order is emerging on Wall Street after the worst crisis since the Great Depression one in which just a couple of victors are starting to tower o...

JPMorgan Chase Profit Up 36 Percent In Q2

AP | IEVA M. AUGSTUMS | Posted 08.16.2009 | Business


CHARLOTTE, N.C. — The banking industry has another winner. JPMorgan Chase & Co. reported a 36 percent jump in second quarter profits Thursday, ...

Towards a Solution to the Debt Crisis in California: The State Could Walk Away and Create Its Own Credit Machine

Ellen Brown | Posted 08.14.2009 | Politics


Ellen Brown

California could put its revenues in its own state-owned bank and fan these "reserves" into many times their face value in loans, using the same "fractional reserve" system that private banks use.

Arthur Delaney

Credit Card Issuers Getting In Their Licks Ahead Of Reform

HuffingtonPost.com | Arthur Delaney | Posted 08.01.2009 | Business


As lawmakers worked out credit card reform legislation earlier this year, card issuers argued that tough restrictions would make credit costlier for c...

Wall Street Logs Best Quarter Since Credit Crisis Erupted

Wall Street Journal | Posted 07.30.2009 | Business


The securities firms still standing on Wall Street are about to close the most lucrative quarter since the credit crisis erupted. And instead of re...