Saturday 10 December 2016
 
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JPMorgan

JPMorgan to raise minimum wage for 18,000 US workers

JPMorgan Chase & Co Inc said on Tuesday it will raise the minimum wage for 18,000 US employees over three years, a decision that follows political pressure and moves by some states to raise pay for low-level workers. The wage

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JPMorgan could move thousands of staff out of UK

JPMorgan Chase & Co could be forced to move thousands of staff out of Britain if the country loses its automatic right to sell financial services to the European Union after last month's Brexit vote, bank CEO Jamie Dimon told an Italian

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JPMorgan to raise deposit rates for some big clients

JPMorgan Chase & Co will begin raising deposit rates for some of its biggest clients in January, the Wall Street Journal reported, citing a person familiar with the matter. The bank's deposit-rate increase will affect most

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JPMorgan in $388m damages settlement deal

JPMorgan Chase & Co agreed to pay $388 million to settle a suit by investors claiming that the largest US bank had misled them about the safety of $10 billion worth of residential mortgage-backed securities it sold before the financial crisi

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JPMorgan fund eyes $200m stake in India's SpiceJet

A fund managed by JPMorgan Chase is in advanced talks to partner with Indian carrier SpiceJet's co-founder for a planned $200 million investment into the cash-strapped airline, the Economic Times reported on Thursday, citing unnamed sources

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JPMorgan fund eyes $200m stake in India's SpiceJet

A fund managed by JPMorgan Chase is in advanced talks to partner with Indian carrier SpiceJet's co-founder for a planned $200 million investment into the cash-strapped airline, the Economic Times reported on Thursday, citing unnamed sources

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JPMorgan hack exposed data of 83 million

Names, addresses, phone numbers and email addresses of the holders of some 83 million households and small business accounts were exposed when computer systems at JPMorgan Chase were recently compromised by hackers, making it one of the biggest

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JPMorgan probes possible cyber attack

JPMorgan Chase & Co is investigating a possible cyber attack and working with law enforcement authorities to determine the scope, a company spokeswoman said on Thursday morning. The bank was taking additional steps to safeguar

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Six banks join plan for shared customer data register

JPMorgan, Citigroup and four more major banks have signed up with an industry group to develop a central register of information on other banks they deal with to help to meet increasing compliance demands and costs. Swift, a Bruss

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BIGGEST SETTLEMENT: JPMorgan to pay $13bn

JPMorgan has agreed to a $13 billion settlement with the US government to settle charges that the bank overstated the quality of mortgages it was selling to investors in the run-up to the financial crisis. The Department of Justic

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