JPMorgan

  • 21 Nov 2013 at 6:03 PM

Bonus Watch ’13: JP Morgan

If you liked your bonus in 2012, you’ll love what’s coming to you this year. Read more »

  • 20 Nov 2013 at 3:03 PM

Life At JP Morgan Is Looking Up

Yes, the bank just agreed to pay $13 billion to settle only one of the many investigations into its practices. Yes, #AskJPM didn’t exactly go off as planned. Yes, the public outrage reserved for Goldman Sachs has all but turned to 270 Park. Yes, the firm’s headquarters are visited regularly by an exorcist.

And yes, on the surface, all of that looks pretty bad. But none of it matters. Not when a dating website proclaims your (male) employees to be the 4th hottest in New York based on the results of a study that real science went into it doesn’t. Read more »

  • 19 Nov 2013 at 4:48 PM

Whatever Holder Wants, Holder Gets

And little Jamie, little Holder wants $13 billion. Read more »

Plus a subsidiary of State Street, which apparently had gotten a pass for too long. Read more »

Been thinking about TP’ing your CEO’s house? Or placing a massive trade that, let’s be honest, probably won’t work out and will ultimately cost the firm billions? Or taking the keys to your boss’s vintage Ferrari and driving some colleagues uptown for a joy ride, and when confronted about, claim you thought the office had a “what’s mine is yours” policy? Or dressing up as his wife for Halloween? Thanks to a new compensation plan being considered by London bank, now you can? Read more »

  • 09 Oct 2013 at 5:31 PM

Bonus Watch ’13: JP Morgan

That $11-ish billion legal tab will probably leave a mark on payday. Read more »

Amid the storm, J.P. Morgan continues to prosper in some of its core businesses. The bank increased deposits by 10.1% in the Federal Deposit Insurance Corp.’s survey of the 12 months ending in June, nearly double the industry average of 5.4%. Mr. Dimon has told audiences the bank is staying focused on customers, many of whom are concerned most about interest rates and fees. “Wow,” said Dixie Klamfoth, a customer in Circleville, Ohio, on learning J.P. Morgan is on the verge of receiving a historic fine from the Justice Department. She was surprised, she said in a phone interview, because “I feel that they have been a reputable company.” But Ms. Klamfoth said she has been satisfied with her Chase checking account, savings account and credit card. “I will be watching to see if they pass those fines onto me in the way of fees,” she said. “The moment they do, I will no longer do business with them.” [WSJ]