President Donald Trump will likely be faced with questions pertaining his Muslim immigration ban when he meets with the CEOs of major U.S. companies on Friday at the White House.
JPMorgan Chase & Co has agreed to resolve all litigation case with the remnant of Lehman Brothers Holdings Inc. and paying $797.5 million in 2008 bankruptcy case.
Seven world’s largest banks have announced on Tuesday settling a private lawsuit for $324 million filed in connection with ISDAfix scam. The settlement still requires court approval to get effective. Several other banking giants are yet to settle related lawsuits for the crimes committed during 2009 to 2012.
A Florida man was arrested on Thursday after participating in a bribery scheme. He was detained for supporting an illegal bitcoin exchange involved in hacking attacks on JPMorgan Chase & Co.
UBS and four other bannks have agreed to pay more than $100 million over the plaintiffs allegation that they conspired to rig prices for municipalities. If their settlement would be approved, the defendants would end an almost eight years private class action lawsuit.
Pacific Investment Management Co and other investors have sued Citigroup Inc over the bank's alleged failure to properly monitor toxic securities backed by more than $13.8 billion of mortgage loans, resulting in $2.3 billion of losses.
U.S. prosecutors on Tuesday unveiled criminal charges against three men accused of running a sprawling computer hacking and fraud scheme that included a huge attack against JPMorgan Chase & Co and generated hundreds of millions of dollars of illegal profit.
U.S. authorities are on course to reach multi-billion-dollar agreements with five major banks over allegations of foreign exchange market rigging as soon as the second half of May, people familiar with the matter told Reuters on Friday.
U.S. prosecutors said Friday their efforts to extradite from Spain a former JPMorgan Chase & Co executive charged in connection with the bank's $6.2 billion "London Whale" scandal had hit a dead end.
Clashes over strategy within JPMorgan Chase & Co’s compliance operations have led to the departure of a series of managers in the past year, according to three of those who have left.
JPMorgan Chase & Co has become the first bank to settle a U.S. antitrust lawsuit in which investors accused 12 major banks of rigging prices in the $5 trillion-a-day foreign exchange market.
The lead prosecutor on pending criminal cases against two former JPMorgan Chase & Co traders involved in the "London Whale" scandal is leaving Manhattan U.S. Attorney Preet Bharara's office to join a prominent defense firm, according to a statement from the firm viewed by Reuters in advance of its public release.
Wells Fargo & Co and the U.S. Department of Justice are "no longer as optimistic" about settling a lawsuit accusing the country's largest mortgage lender of fraud, a lawyer for the bank said on Tuesday.
A group of funds that threw a monkey wrench in Bank of America Corp's (BAC.N) proposed $8.5 billion settlement with investors in mortgage-backed securities will object to JPMorgan Chase & Co's $4.5 billion offer to settle claims over similar investments, according to the lawyer that represents them.
A Massachusetts man was sentenced to 21 months in prison on Friday for his role in a cybercrime scheme that hacked accounts at banks, brokerage firms and government agencies in an attempt to steal more than $15 million, U.S. prosecutors said.
JPMorgan Chase & Co (JPM.N) executives in New York were aware of potential problems tied to its recruitment practices in China well before U.S. regulators launched a probe into the issue, the Wall Street Journal reported, citing sources and documents it reviewed.
Following the massive cyber attack on the biggest U.S. bank JPMorgan Chase & Co (JPM.N) disclosed in August, and other financial institutions, government authorities in United States are pushing financial institutions and brokerage houses to close glaring gaps in cybersecurity.
The Delaware Supreme Court said on Friday that creditors are entitled to rely on formal loan documents authorized by secured lenders, even if there is a mistake in the documents.
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 & Co (JPM.N) were recently compromised by hackers, making it one of the biggest data breaches in history.
