Tag Archives: JPMorgan Chase

The big three banks—Citigroup, JPMorgan Chase, and Wells Fargo—announced their third-quarter results today. While all three posted stellar earnings, here’s how their mortgage lending business performed.

The results of the stress test scenarios to determine the resiliency of lenders in financially adverse situations were released for the three biggest banks in the country. Here’s what they revealed about loans that are most likely impact banks’ losses if things go south.

The first quarter result season for the Big Banks has started off well with the financial results announced by JPMorgan Chase, Citi, and Wells Fargo. Learn more about how these lenders performed during the first quarter of 2018.

The Dow Jones industrial average closed down 1,200 points on Monday, after having dropped 1,500 points earlier in the day. This came on the heels of a 666-point ...

While the long-term impacts of the tax reform bill passed by Congress and signed into law by President Trump remain to be seen, at least one major corporation ...

In light of JPMorgan Chase's recent contribution to the community of Washington D.C., JP Morgan Chase CEO Jamie Dimon goes into detail about investments lessons learned when investing ...

Wells Fargo, Citigroup, and JPMorgan Chase all reported their second quarter financial earnings on Friday before the market opened in the morning; but, despite reporting earnings and total ...

JPMorgan Chase COO Matthew Zames will be stepping down from his role after 13 years, the bank announced on Thursday. According to sources, Zames is leaving to start his own business. “I have been in this business almost 25 years. I spent the vast majority of my time running businesses, driving things forward, facing off against clients, taking business risk. But at its core … I want to get back to running the railroad…”

A years-old case between Bank of New York Mellon and JPMorgan Chase is back on again—at least in part— after a New York state appeals court revived the suit this week. BNY claims that JPMorgan and affiliate WMC Mortgage breached contracts, failed to repurchase certain defective loans, and failed to provide notice of faulty loans. The case was originally filed in 2015.

What was behind the year-over-year declines in profits that JPMorgan Chase, Citigroup, and PNC Financial Group all experienced in Q3?