JPMorgan Joins Banks in Write-Downs
116116
JPMorgan Chase said its fourth-quarter net income fell 34 percent as problems from the housing slump widened in its investment banking and consumer businesses.
8449
JPMorgan will report fourth-quarter results, while investors and the Fed digest more economic indicators.
173311
The layoffs are a result of Bank America&#39;s merger with FleetBoston Financial Corporation.
120831
Subprime-related problems at UBS AG mounted on Wednesday as the Swiss bank unveiled $4 billion in new write-downs in a surprise statement and sank deep into the red for the year.
487404
Brokerage announces $11.5 billion in additional write-downs for the fourth quarter.
115122
At first blush, CNBC's report that Citigroup could announce up to $24 billion in write-downs Tuesday because of credit-related losses sounds like disastrous news. That figure is much higher than what sell-side analysts were expecting, and more than twice the high end of Citi's previous estimate in early November, which put the losses at $8 [...].
160838
JPMorgan Chase may be looking to open up its wallet and make an acquisition.
630317
Citigroup Inc , Merrill Lynch &  Co  and JPMorgan Chase & Co  may face larger  fourth-quarter write-offs of fixed-income securities than  previously expected, and Citigroup may have to slash its  dividend 40 percent to preserve capital, according to a Goldman  Sachs & Co analyst.
124562
China has agreed to pump $5 billion into Morgan Stanley as the U.S. investment bank reported a stunning fourth-quarter loss fueled by $9.4 billion in write-downs in subprime mortgages and other assets.
643254
JPMorgan and Deutsche Bank (NYSE:DB) have thrown their weight behind BATS Trading, the upstart platform that is taking market share from the New York Stock Exchange and Nasdaq Stock Market.
10672
China agreed to pump $5 billion into Morgan Stanley  as the U.S. investment bank reported a stunning fourth-quarter loss fueled by a bigger-than-expected $9.4 billion of write-downs in mortgages and other assets.
29582
Bank of America, the Credit Suisse Group and UBS announced yesterday that they would join five other banks as members of a private system that lets institutional investors trade unregistered securities.
239527
LONDON: JP Morgan Chase &amp; Co, the ninth ranked underwriter of UK stocks, formed a joint venture with Cazenove Group Plc to improve its access to Britain&#39;s biggest companies.
515273
JPMorgan Chase & Co. JPM.N, the No.  2 U.S. bank, said on Wednesday its fourth-quarter earnings fell  11 percent, hurt by charges related to its merger with Bank One  last year.
309352
Much of the brokerage firmâs $7.9 billion write-down was tied to problems in the subprime mortgage market.
69801
JPMorgan Chase & Co  said on Wednesday quarterly profit fell a worse-than-expected 24 percent as the No. 3 U.S. bank lost $1.3 billion on risky mortgages and set aside more money for rising losses on home-equity loans.
456323
JPMorgan Chase &amp; Co. and Cazenove Group PLC said Friday they were launching a joint venture to combine their investment banking services for British customers.