(Reuters) - JPMorgan Chase & Co is set to pay nearly $1 billion (£786 million) to resolve market manipulation investigations by U.S. authorities into its trading of metals futures and Treasury securities, a person familiar with the situation said on Wednesday.
Bank of America, the second-largest US bank by assets, said it found little appetite for new loans when it surveyed its corporate clients twice this year
Revenue from trading stocks and bonds surged 93 per cent, surpassing what analysts had expected
JPMorgan Asset Management is looking to raise $2 billion to $3 billion from institutional investors for the Real Estate Credit Opportunity Fund, according to the source
Dimon, 63, experienced a tear in his heart's main artery, which was detected early and treated successfully, JPMorgan said, publicly releasing an internal memo
The total return for the index in that period is less than 2 percentage points more than for cash
Prior to his announcement, Neumann had faced pressure from board members tied to SoftBank, a major investor, according to people with knowledge of the matter
The plan represents a major retreat from investment banking by Deutsche Bank, which for years had tried to compete as a major force on Wall Street
(Reuters) - JPMorgan Chase & Co's quarterly profit topped Wall Street's expectations on Friday, driven by much higher-than-expected trading revenue and increased loan demand.