All Posts Tagged With: "J.P. Morgan Chase (NYSE: JPM)"
J.P. Morgan Chase (NYSE: JPM) “Far and Away the Best Bidder” for WaMu
According to regulators, J.P. Morgan (JPM) may not have received the sweetheart deal it was reported to have received after submitting its winning bid for Washington Mutual. Pursuant to a Freedom of Information Act request, the Wall St. Journal received a previously unreleased document from federal regulators. The details of the transaction appear to weaken [...]
J.P. Morgan Chase (NYSE: JPM) Taps Shenglin to Head Corporate Banking Business in China
The Wall Street Journal is reporting that J.P. Morgan Chase (JPM) has hired Ben Shenglin to head its corporate banking business in China. This is the latest move to support the financial firm’s announced intention to expand their corporate banking arm to better serve its existing multinational clients. The move is also part of a [...]
Under Fire in Washington, J.P. Morgan Chase & Co. (NYSE: JPM) Reports 55% Increase in Profits
J.P. Morgan Chase (JPM) reported a 1st quarter profit of $3.3 billion, an increase of 55% from a year earlier. The improving economy left its mark on the bank’s first-quarter earnings, as delinquencies continued to decline and the company had to set aside less money for bad loans. “There is clear and broad based improvement” [...]
J.P. Morgan Chase (NYSE: JPM), Morgan Stanley (NYSE: MS), Bank of America (NYSE: BAC) and Citigroup (NYSE: C) Expected to Report Declines in 4th Quarter Earnings
Analysts are cautioning that fourth-quarter investment banking earnings suffered a significant “early Christmas” slowdown on the back of falling fixed-income revenues. The warnings come just days before the start of the financial sector’s reporting season. Analysts at J.P. Morgan (JPM) and Morgan Stanley (MS) issued reports Tuesday on the banking industry in which they estimated [...]
Profits from REITs Highlight Positive in Bank of America Corporation’s (NYSE: BAC) Purchase of Merrill Lynch
The latest headlines regarding Bank of America Corporation’s (BAC) purchase of Merrill Lynch & Co. overlook the huge profits that the combined banks have made in real-estate investment banking. The addition of Merrill Lynch, which has led the industry in revenue from 2006-2008, propelled Bank o f America to over $207 million dollars in revenue [...]
Limit Leverage or Lending? “Too-Big-to-Fail” Banks J.P. Morgan Chase (NYSE: JPM), Citigroup (NYSE: C) and Bank of America (NYSE: BAC) May Face Statutory Leverage Limits as Part of Congressional Bank-Reform Bill
As part of its campaign to rein in “too-big-to-fail” banks such as J.P. Morgan Chase (JPM), Citigroup (C), and Bank of America (BAC), Republicans and Democrats in Congress are debating a provision that would cap borrowing, or leverage, at large banks at a 15-to-1 ratio. The proposal highlights the question that has been debated for [...]
J.P. Morgan Chase (NYSE: JPM) Coming Soon to a Gym Near You?
In what some are describing as a 21st century, “Morganization”, J.P. Morgan Chase (JPM) is being forced to take ownership in bankrupt companies, including health club Bally Total Fitness Holding Corp., to salvage the value of their original loans. The decision may be a glance at how the banking industry plans to survive the expected [...]



