Tag Archives: JPMorgan Chase

A new Chase Bank is on the horizon. We sat down with the man leading the charge. Editor's note: This select print feature appears in the June 2016 edition of MReport magazine.

The news of the over-the-year decline in JPMorgan Chase's net income came on the same day that the Fed and FDIC announced that the bank's "living will" for 2015 is deficient.

Just how well-capitalized is JPMorgan Chase? The bank's CEO, Jamie Dimon, tells us exactly how much in his annual letter to shareholders.

JPMorgan Chase settles with Lehman Brothers Holdings over claims that it drained Lehman of billions of dollars before the investment banking firm’s infamous collapse in 2008.

JPMorgan Chase, one of the nation's largest lenders, announced Thursday that their fourth quarter earnings wrapped 2015 on a positive note, but could trouble be brewing in the mortgage banking division of the company?

Displaying 1-6 PM.JPGPeter Muriungi has been chosen as JPMorgan Chase’s new head of Mortgage Servicing to replace Mike Weinbach, who was named CEO of Chase’s Mortgage Banking division in December, the bank confirmed on Wednesday.

Are JPMorgan and EverBank finally off the OCC's hook? All news is not good news for these two institutions.

Mike Weinbach, currently the CEO of Mortgage Servicing with JPMorgan Chase, has been named Chase’s new CEO of Mortgage Banking, the bank confirmed on Wednesday afternoon.

The U.S. may be following through on promise made a few months ago to target individual executives from the Royal Bank of Scotland and JPMorgan Chase for their alleged criminal role in financial crisis. In September, the Department of Justice issued a memo to all U.S. state attorneys general stating that it will pursue the prosecution of individuals whose actions brought on the Great Recession of seven years ago. The DOJ is reportedly standing by their word and pursuing criminal cases against executives at these two banking institutions for allegedly selling flawed mortgage securities after being warned by associates of their wrongdoings.

A federal judge has ruled that the Federal Deposit Insurance Corp., is liable for facing certain legal claims that FDIC-insured JPMorgan Chase inherited from its 2008 acquisition of Washington Mutual, according to media reports. JPMorgan acquired the failing Seattle-based bank for $1.88 billion in 2008 during the onset of the financial crisis, after the Office of Thrift Supervision seized Washington Mutual and appointed the FDIC as receiver.