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Stock Market & Financial Investment News

News Breaks
January 15, 2013
05:57 EDTJPMJPMorgan lays off over 800 workers tied to mortgage review, WSJ reports
J.P. Morgan Chase & Co. (JPM) laid off 839 contract workers who were retained to review mortgage foreclosures following the bank's new agreement with regulators to settle the investigation and end the review process, according to New York state and the bank, reports the Wall Street Journal. Reference Link
News For JPM From The Last 14 Days
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November 25, 2015
12:46 EDTJPMFederal Reserve approves final rule for capital plan and stress test regulations
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November 24, 2015
15:05 EDTJPMFed to provide means for banks examiners to express divergent views
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10:20 EDTJPMJPMorgan asks users of Quicken to verify data, WSJ reports
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November 23, 2015
09:00 EDTJPMChase Visa cardholders can now use Samsung Pay
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November 18, 2015
08:55 EDTJPMMorgan Stanley exec sees Q4 not much better than Q3 for banks, DJ reports
Morgan Stanley (MS) Institutional Securities President Colm Kelleher cautioned that fixed-income markets "still seem subdued," according to Dow Jones, citing his comments at an investment conference. Morgan Stanley was among the banks that reported lower revenue from fixed-income, currency and commodities trading during the third quarter and Kelleher said he doesn't think "the fourth quarter is going to be much better," the report noted. Large bank peers to Morgan Stanley include Bank of America (BAC), Citi (C), Goldman Sachs (GS), JPMorgan (JPM), U.S. Bancorp (USB) and Wells Fargo (WFC). Reference Link
November 17, 2015
18:34 EDTJPMU.S. pursuing criminal charges against JPMorgan, RBS executives, WSJ says
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07:50 EDTJPMClearing House to hold a conference
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07:48 EDTJPMBofa/Merrill to hold a conference
Banking & Financial Services Conference 2015 is being held in New York on November 17-18.
November 16, 2015
11:24 EDTJPMClearing House to hold a conference
Clearing House Annual Conference is being held in New York on November 16-18.
09:42 EDTJPMJPMorgan reports October net credit losses 2.22% vs. 2.21% last month
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08:58 EDTJPMAmerican Express slips following Marriott, Starwood deal announcement
Shares of American Express (AXP) are slipping in pre-market trading following the news that Marriott (MAR) and Starwood Hotels & Resorts (HOT) have agreed to merge. In early June, American Express and Starwood announced new benefits to the Starwood Preferred Guest credit card. Marriott, however, has its co-brand program with JPMorgan Chase (JPM) and the early weakness in American Express shares could reflect concern over a potential change in the merged hotels' co-brand relationships. In pre-market trading, AxEx shares are down about 0.5% to $70.88.

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