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JPMorgan Chase quintupled its original bid for Bear Stearns to $10 a share on Monday after its initial offer for the beleaguered Wall Street bank was undone by legal snags and furious opposition from Bear shareholders who viewed it as far too low.
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AP, New York
JPMorgan Chase says it earned $2.1 billion, thanks to rising deposits and lower borrowing rates. The profit was 13 percent lower than last year, but better than...
made popular Apr 16 2009
AP, New York
Expedia Inc. shares dropped on Thursday after a JPMorgan analyst downgraded its stock to a “Neutral” rating from “Overweight,” citing an...
made popular Mar 19 2009
AP, New York
JPMorgan Chase & Co. Chairman and Chief Executive Jamie Dimon’s pay package dropped sharply to $1.3 million in 2008 _ even though the bank was able to...
made popular Mar 18 2009
AP, New York
JPMorgan Chase & Co. said Thursday it expects to realize about $2 billion in savings related to its acquisition of Washington Mutual Inc., the failed Seattle...
made popular Feb 26 2009
AP, New York
JPMorgan Chase & Co. said Thursday it will eliminate about 12,000 jobs as it folds in the operations of Washington Mutual Inc.
made popular Feb 26 2009
AP, New York
JPMorgan Chase said Monday it will slash its quarterly dividend to 5 cents per share from 38 cents in a bid to preserve capital.
made popular Feb 23 2009
AP, New York
Shares of computer maker Dell Inc. retreated Thursday after a JPMorgan analyst downgraded the stock, citing the company’s high exposure to a withering PC market.
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AP, New York
JPMorgan Chase managed to avoid a loss in the fourth quarter, indicating that it is weathering the financial crisis better than some of the other big banks.
made popular Jan 15 2009
AP, New York
JPMorgan Chase has managed to avoid a loss in the fourth quarter, indicating that it is weathering the financial crisis better than some of the other big banks.
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AP, New York
JPMorgan Chase & Co. said Monday it will cut a total of 9,200 jobs at Washington Mutual, which it acquired Sept. 25 after Washington Mutual became the...
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AP, New York
JPMorgan Chase & Co. is shedding about 10 percent of its investment bank staff in an effort to better weather the global economic slowdown.
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AP, New York
The economy’s downturn could end up being worse than the recent crisis in the financial markets, JPMorgan Chase & Co. CEO Jamie Dimon said Wednesday at a...
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AP, New York
JPMorgan Chase & Co. said Friday it is expanding its program to modify mortgages in an effort to avoid foreclosures on up to $70 billion in loans.
made popular Oct 31 2008
AP, New York
JPMorgan Chase & Co.’s profit tumbled 84 percent in the third quarter after it took big hits from souring mortgage investments, leveraged loans and home...
made popular Oct 15 2008
AP, New York
JPMorgan Chase & Co. says its profit tumbled 84 percent in the third quarter after it took big hits from souring mortgage investments, leveraged loans and home...
made popular Oct 15 2008
AP, Washington
JPMorgan Chase & Co. Inc. acquired the assets of Washington Mutual Inc.’s banking operations Thursday after federal regulators seized the ailing thrift, the...
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AP, New York
JPMorgan Chase & Co. has struck a deal to acquire the deposits and some of the branches of beleagured thrift Washington Mutual Inc., according to news reports late...
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AP, New York
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AP, New York
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AP, New York
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made popular Aug 12 2008
Related Tags
Bank of England Bear Bear Stearns Business chase earns IMF jpmorgan chase LSE Mutual New York North America omx Outlook Pictorial stearns UBS United States Washington Washington Mutual
Images
New York:
A woman passes a branch of Chase Bank in New York’s financial district Friday, Sept. 26, 2008. The Federal Deposit Insurance Corp. seized WaMu on Thursday, and then sold the thrift’s banking assets to JPMorgan Chase & Co. for $1.9 billion.
