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Stock Market & Financial Investment News

News Breaks
December 18, 2012
12:51 EDTJPMJPMorgan names Kevin Watters CEO of Mortgage Banking
JPMorgan Chase announced that Kevin Watters would be named CEO of Mortgage Banking. Watters previously ran Mortgage Origination and led the Customer Experience across Mortgage Banking. He has been with Chase and its predecessor firms for 13 years.
News For JPM From The Last 14 Days
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June 17, 2013
09:36 EDTJPMJPMorgan reports May net credit losses 3.34% vs. 3.49% last month
Reports May delinquency rate 1.60% vs. 1.70% last month.
08:09 EDTJPMJPMorgan confirms launch of asset tracking service
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07:50 EDTJPMMove to relaunch synthetic CDOs falls apart, FT reports
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07:42 EDTJPMJPMorgan to begin asset tracking service, FT reports
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07:13 EDTJPMBank profits seen hurt by rising rates with no growth, Bloomberg reports
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06:14 EDTJPMOn the Fly: Periodicals Wrap-Up
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June 14, 2013
09:05 EDTJPMJPMorgan says One Equity Partners to raise future funds independently
JPMorgan Chase announced that the partners of One Equity Partners, the firm’s private equity unit, will begin to raise their next fund from an external group of limited partners and become independent from JPMorgan Chase. One Equity Partners currently manages approximately $4.5B of investments for JPMorgan Chase in direct private equity transactions and has produced strong returns over the last twelve years. OEP will continue to make direct investments for JPMorgan Chase for an interim period. OEP will still manage the existing group of portfolio companies for JPMorgan Chase to maximize value for the firm.
09:05 EDTJPMJPMorgan says One Equity Partners to become independent
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June 12, 2013
18:30 EDTJPMJPMorgan cuts 1,800 jobs in mortgage servicing, CNBC reports
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15:54 EDTJPMJPMorgan cuts 1,800 jobs in mortgage servicing unit, CNBC reports
07:21 EDTJPMThe NYSSA to host a conference
23rd Annual High Yield Bond Conference is being held in New York on June 12.
06:41 EDTJPMFirm says JPMorgan was top investment bank in Q1, Reuters reports
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06:04 EDTJPMCoty to price its IPO later today, WSJ reports
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05:58 EDTJPMSome major banks get two year delay on swap rule, WSJ reports
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June 11, 2013
18:35 EDTJPMBanks given extension to spin off swaps units, WSJ reports
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13:49 EDTJPMJPMorgan's Dimon sees 4%-5% rate on ten-year
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13:27 EDTJPMJPMorgan said reserves on mortgages will be down this quarter
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13:20 EDTJPMJPMorgan's Dimon said bank did everything they thought was right on 'Whale'
The CEO continued, saying there was no "lying or hiding" on London Whale.
13:11 EDTJPMJP Morgan's Dimon sees no acquisitions in bank's foreseeable future
Dimon said we are pretty much at the "cap' in the U.S. and the bank prefers to grow organically in Europe.
13:08 EDTJPMJPMorgan's Dimon says rates are going to go up in the U.S.
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