| Re: Latest News About Jpmorgan Chase Bank
Some of the latest News about JP Morgan Chase bank as reported by Reutuers News Agency in their own phrase is as given below:
JPMorgan to pay $150 million in 'London Whale' U.S. class action
NEW YORK, Dec 21 JPMorgan Chase & Co has agreed to pay $150 million to resolve a securities fraud lawsuit by investors suing the bank over its "London Whale" trading scandal, which caused a $6.2 billion loss.
UPDATE 2-JPMorgan to pay $307 mln to settle SEC, CFTC disclosure charges
WASHINGTON, Dec 18 JPMorgan Chase will pay $307 million to settle two U.S. government cases that charged the bank with failing to disclose certain conflicts of interest to some of its wealth management clients, U.S. regulators said on Friday.
JP Morgan to pay $307 mln to settle SEC, CFTC charges over disclosures
WASHINGTON, Dec 18 JP Morgan Chase will pay $307 million settle two U.S. government cases that charged the bank with failing to disclose certain conflicts of interest to some of its wealth management clients, U.S. regulators said Friday.
JPMorgan to settle U.S. charges over asset unit's disclosures
WASHINGTON, Dec 17 JPMorgan Chase & Co is expected to strike a settlement with U.S. regulators on Friday to resolve charges over failing to disclose that it preferred putting clients into some of its own funds and other proprietary products, according to people familiar with the matter.
Hong Kong watchdog fines JP Morgan for control, dark pool failures
HONG KONG, Dec 15 Hong Kong's securities watchdog has fined U.S. bank JP Morgan HK$30 million ($3.87 million) for systems and control failings in its institutional equities business in Hong Kong, in one of the largest fines ever levied by the watchdog.
JPMorgan shuffles executives in consumer unit
Dec 9 JPMorgan Chase & Co has shuffled executives within its consumer unit, according to an internal memo from Gordon Smith, its chief executive officer.
Fitch Affirms JPMorgan Chase & Co. at 'A+'; Outlook Stable
(The following statement was released by the rating agency) NEW YORK, December 08 (Fitch) Fitch Ratings has affirmed JPMorgan Chase & Co.'s (JPM) Long-Term Issuer Default Rating (IDR) at 'A+' and Short-Term IDR at 'F1'. Fitch has also affirmed JPM's viability rating (VR) at 'a+', support rating at '1', and its support rating floor (SRF) at 'A'. The Rating Outlook is Stable. A full list of ratings follows at the end of this release. The rating actions have been taken in conjunction with Fitch
MOVES-JPMorgan hires four for Brazil private banking unit, sources say
SAO PAULO, Dec 7 JPMorgan Chase & Co hired four executives to increase coverage of private-banking activities in Brazil, where competition for existing and new clients is mounting as Latin America's largest economy plunges into recession, two sources with knowledge of the matter said on Monday.
UPDATE 1-JP Morgan has potential 10.1 pct stake in Telecom Italia
MILAN, Dec 7 U.S. investment bank JP Morgan has built up a long position equivalent to a 10.134 percent stake in Telecom Italia, a filing by Italian market watchdog Consob showed on Monday.
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