Jpmorgan

  • JPMorgan chairman Jamie Dimon pay hiked from $11.5 mn to $20 mn 27-01-2014 01:10 PM

    Jamie Dimon, chairman and chief executive of JPMorgan Chase & Co, got a 74 per cent pay increase for 2013, when $20 billion of legal settlements weighed on the bank's income. The CEO received $20 million, including $18.5 million of restricted stock recently awarded, the company said in a public...
  • JPMorgan's $13 billion deal hits stumbling blocks: Sources 30-10-2013 02:01 PM

    JPMorgan Chase ~~amp;amp; Co and the US Justice Department have hit snags in working out the final details of their $13 billion settlement over the bank's mortgage bonds, two people familiar with the talks said. The bank and the government are arguing over whether JPMorgan should be forced to pay...
  • JPMorgan's $5 billion settlement doesn't end its troubles 26-10-2013 09:57 AM

    Washington: The $5.1 billion that JPMorgan Chase has agreed to pay hardly ends its legal troubles over mortgage securities it sold. It's merely a down payment. JPMorgan still faces heavy financial burdens. The bank has set aside $23 billion to cover legal costs - and it may need it all....
  • JPMorgan in tentative $13 billion deal with US Justice Department 20-10-2013 12:27 PM

    JPMorgan Chase ~~amp;amp; Co has reached a tentative $13 billion deal with the US Justice Department and other government agencies to settle investigations into bad mortgage loans the bank sold to investors before the financial crisis, a source familiar with the talks said on Saturday. The tentative deal, the largest...
  • S&P cuts ratings for big global banks 30-11-2011 09:53 AM

    New York: Standard & Poor's reduced its credit ratings on 15 big banking companies, mostly in the Europe and the United States, on Tuesday as the result of a sweeping overhaul of its ratings criteria. JPMorgan Chase & Co, Bank of America Corp, Citigroup Inc, Wells Fargo & Co, Goldman...
  • Bullion: The White Revolution 12-01-2011 05:10 PM

    Gold is a foul-weather friend. In times of war, recession and political turmoil, it always goes up. Looking around us, we can see so many signs of instability right now. The threat of terrorism has increased all over, especially so in India. Western Europe is afflicted with a debt contagion....
  • US Fed Reserve cuts discount rate 17-03-2008 12:53 PM

    New Delhi: West Indies captain Darren Sammy praised his bowlers for bundling out a strong Indian batting line-up for a meagre total, and said they would be looking to set a 350-plus target for the home team in the fourth innings of the ongoing first Test. Sammy said his bowlers'...