Kristin Lemkau News
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JPMorgan Chase & Co.’s board, whose top director told investors yesterday to “stay tuned” for changes to its risk committee, isn’t likely to add new members immediately, according to two people with knowledge of the board’s thinking.
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JPMorgan Chase & Co. was sued by California over claims that the biggest U.S. credit-card lender pursued lawsuits against defaulted borrowers based on insufficient evidence.
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JPMorgan Chase & Co. should name an independent chairman and oust three directors, a shareholder advisory firm said, boosting pressure on the bank to overhaul its corporate governance after a $6.2 billion trading loss.
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JPMorgan Chase & Co., the biggest U.S. bank, should oust most of its board and split Jamie Dimon’s dual roles as chairman and chief executive officer, shareholder advisory firm Glass Lewis & Co. said.
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JPMorgan Chase & Co., the biggest U.S. bank, told about 10 traders in its commodity business that their jobs may be eliminated, according to two people with knowledge of the situation.
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JPMorgan Chase & Co. was warned by U.S. energy-market authorities that they may take action against its employees as part of an inquiry into bidding practices, the New York Times said, citing a document it reviewed.
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Rising stock prices, rebounding profits, restored dividends and a growing economy are signaling to U.S. banks it’s time for more job cuts.
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JPMorgan Chase & Co. , the second- biggest U.S. bank by assets, said it is mailing $2 million in refunds to military families who were overcharged on mortgages or wrongfully lost their homes.
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JPMorgan Chase & Co., the biggest U.S. bank, will eliminate as many as 19,000 jobs in mortgages and community banking through through 2014 as Chief Executive Officer Jamie Dimon trims expenses.
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The U.S. Securities and Exchange Commission will force state and local government bond underwriters to disclose more information about donations to election campaigns supporting new debt sales.
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