Spain rejects extraditing trader in `London Whale` case to US

Last Updated: Friday, April 24, 2015, 00:59

Spanish authorities have refused to extradite a former JPMorgan bank trader to the United States where he faces criminal charges in the massive "London Whale" fraud scandal.

Ex-JPMorgan investment adviser charged in $20 mn fraud

Last Updated: Friday, April 17, 2015, 03:32

A former investment adviser for JPMorgan Chase was arrested Thursday on charges he stole some $20 million from clients and put most of the money into losing investments, US authorities said.

JPMorgan says banks may be making 'bad loans' as LBOs boom

Last Updated: Wednesday, April 15, 2015, 09:24

JPMorgan Chase & Co is concerned about loans that finance some leveraged buyouts, and is scaling back from what is a booming area, even as its overall loan portfolio grows, a top executive said in an interview.

JPMorgan profit rises as fixed-income trading rebounds

Last Updated: Tuesday, April 14, 2015, 18:01

The bank`s net income rose to $5.91 billion, or $1.45 per share, in the first quarter ended March 31, from $5.27 billion, or $1.28 per share, a year earlier.

JP Morgan may sell India mutual fund business

Last Updated: Sunday, March 15, 2015, 11:59

Sources said JP Morgan has begun discussions for a possible sale of its Indian mutual fund arm, although the fund house officially declined to comment on the same.

PIO financial executive to head North America M&A at JP Morgan

Last Updated: Thursday, March 5, 2015, 13:51

Aiyengar, 42, along with Henry Gosebruch, a German citizen who specializes in health care and biotech deals,will assume the newly created roles of co-heads of mergers and acquisitions at the financial giant.

Global business growth at five-month high in February: PMI

Last Updated: Wednesday, March 4, 2015, 23:29

Global business activity picked up at the fastest pace in five months during February as new orders flooded in, even though companies raised prices, a business survey showed on Wednesday.

Petrobras hires JPMorgan for asset sales, sources say

Last Updated: Thursday, February 26, 2015, 09:26

Petróleo Brasileiro SA has hired JPMorgan Chase & Co to manage $3 billion in planned asset sales for this year, as fallout from a corruption scandal shuts access to financing for Brazil`s state-controlled oil producer, two sources with direct knowledge of the situation said on Wednesday.

JPMorgan eyes $1.4 billion in cost savings in 2015

Last Updated: Wednesday, February 25, 2015, 09:16

JPMorgan Chase & Co said on Tuesday it aims to save about $1.4 billion in annual expenses, mainly in consumer and investment banking, as a proposed government requirement to hold more capital is expected to pinch profits.

JPMorgan to cut nearly USD 5 bn in expenses through 2017

Last Updated: Tuesday, February 24, 2015, 22:44

JPMorgan Chase today unveiled plans to eliminate hundreds of retail branches and some USD 100 billion in deposits as it announced nearly USD 5 billion in cost cuts in the next three years.

SpiceJet crisis: Investors approach Sebi with revival plan

Last Updated: Wednesday, January 14, 2015, 20:36

Signalling an imminent change in SpiceJet's ownership, potential investors including co-founder Ajay Singh and US-based JPMorgan have begun discussions with markets regulator Sebi over their investment plan for the cash-strapped airline.

JPMorgan CEO Dimon says he struggled with disclosing his cancer

Last Updated: Tuesday, January 13, 2015, 11:07

Jamie Dimon, the chief executive of JPMorgan Chase & Co, said on Monday that he struggled with having to publicly disclose in July that he had throat cancer.