New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
July 17, 2014
16:22 EDTJPMJPMorgan awards CEO Dimon 2M crisis-era stock options
In a regulatory filing, JPMorgan stated: "In 2008, Mr. Dimon was awarded 2M special Stock Appreciation Rights at an exercise price of $39.83 in recognition of the importance of his continuing long-term stewardship in realizing the Firm's potential as a premier financial institution. This award was originally reported on a Form 4 filed January 22, 2008. The number of SARs that would become exercisable and their exercisability date or dates was to be determined by the Compensation Committee and ratified by the Board, no sooner than four years from grant date. After a review of the performance of Mr. Dimon and the Firm since 2008, the Board and the Compensation Committee determined in January 2013 that all performance requirements for vesting had been met at that time. However, the Board deferred the vesting of the SARs for a period of up to 18 months to allow for the continued remediation of matters related to CIO, and to enable the company and Mr. Dimon to make continued progress against strategic priorities and performance goals. The Compensation Committee and Board have taken into consideration the extent of such progress and such other factors they deemed relevant, and have determined not to defer the vesting of the SARs further, such that all of them will become exercisable on July 22, 2014. The expiration date of the SARs is January 22, 2018."
News For JPM From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
May 4, 2015
07:19 EDTJPMBanks in advanced talks with DOJ to settle forex rigging charges, Reuters says
JPMorgan (JPM), Citi (C), Royal Bank of Scotland (RBS), Barclays (BCS) and UBS (UBS) are in advanced talks with the Department of Justice on a collective settlement over charges of foreign exchange market rigging, said Reuters, citing people familiar with the matter. How the banks or their units will plead to charges is still in flux, though the collective settlement payment could exceed the $4.3B in fines paid by a half-dozen banks to regulators last November and a deal may be set by as soon as later this month, the report noted. Reference Link
06:13 EDTJPMGoldman Sachs seeks to sell coal mines in Colombia, WSJ reports
Goldman Sachs (GS) is trying to sell at a loss coal mines it owns in Colombia, which would end its involvement in raw-materials production, The Wall Street Journal reports, citing sources familiar with the matter. Last year, JP Morgan (JPM) sold its physical-commodity assets, including a metals warehousing business, and Morgan Stanley (MS) has sold its oil-shipping and pipeline business and is seeking to sell its oil-trading and storage business. Reference Link
April 30, 2015
06:26 EDTJPMBanks, government dispute 'aggressive' foreign-bribery laws, WSJ reports
Subscribe for More Information
April 29, 2015
07:31 EDTJPMBrookings Institute to hold a discussion on capital markets
Subscribe for More Information
06:14 EDTJPMSEC proposal would inform investors how pay aligns with results, WSJ reports
The SEC is today set to propose long-awaited rules that would force thousands of companies to inform investors how the pay of top management aligned with the firm's financial results, The Wall Street Journal reports. If approved, companies would have to include a table in their annual proxy filings disclosing "actual pay" of top executives. Reference Link
April 28, 2015
08:27 EDTJPMUSA Technologies announces strategic relationship with Chase
Subscribe for More Information
April 22, 2015
07:14 EDTJPMBrookings Institute to hold a conference
Global Cities Detroit Economic Conference is being held in Washington, D.C. on April 22 at 9 am.
April 21, 2015
06:31 EDTJPMJPMorgan names Chien, Li as co-heads of Greater China banking, WSJ reports
Subscribe for More Information
April 20, 2015
19:32 EDTJPMU.S. pressures JPMorgan, Citi, others to settle forex case by mid-May, FT says
The U.S. Department of Justice is pressuring JPMorgan (JPM), Barclays (BCS), Citi (C), Royal Bank of Scotland (RBS), and UBS (UBS) to reach a settlement by mid-May regarding alleged foreign exchange manipulation, reports the Financial Times, citing people familiar with the situation. The Financial Times notes that the settlement could see some of the banks paying roughly $1B. Sources say that the Department is demanding guilty pleas from "most" of the banks. Reference Link

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use