Edition:
United States

JPMorgan Chase & Co (JPM)

JPM on New York Consolidated

83.50USD
20 Jan 2017
Change (% chg)

$0.20 (+0.24%)
Prev Close
$83.30
Open
$83.43
Day's High
$83.83
Day's Low
$83.29
Volume
13,344,071
Avg. Vol
17,331,830
52-wk High
$88.17
52-wk Low
$52.50

Latest Key Developments (Source: Significant Developments)

JPMorgan Chase says Todd Combs appointed to risk policy committee
Wednesday, 18 Jan 2017 05:00pm EST 

JPMorgan Chase & Co : JPMorgan Chase - board approved appointment, effective march 20, 2017, of Todd Combs to its risk policy committee and to its public responsibility committee . JPMorgan Chase - Todd Combs will replace Timothy Flynn on risk policy committee and Linda Bammann on public responsibility committee .JPMorgan Chase -Linda Bammann will become chair of risk policy committee; James Bell will become chair of audit committee; Timothy Flynn will join audit committee.  Full Article

JPMorgan to pay $55 mln to settle with U.S. over alleged discrimination-WSJ
Wednesday, 18 Jan 2017 10:27am EST 

:JPMorgan to pay $55 million to settle with U.S. Over alleged discrimination - WSJ, citing sources.  Full Article

JPMorgan Chase reports Q4 earnings of $1.71 per share
Friday, 13 Jan 2017 08:31am EST 

JPMorgan Chase & Co : Qtrly provision for credit losses was $864 million, down from $1.3 billion . Reports fourth-quarter 2016 net income of $6.7 billion, or $1.71 per share . Quarter-end Basel III common equity tier 1 ratio 12.2% versus 11.9% at Q3-end . Qtrly tangible book value per share $51.44, up 7% . Qtrly average core loans up 12% . Qtrly net revenue was $24.3 billion, up 2% . Q4 adjusted expense of $13.6 billion versus $14.5 billion in Q3 . Qtrly consumer & business banking average deposits of $607 billion, up 11% . Q4 adjusted overhead ratio 56 percent versus 57 percent in Q3 . Qtrly return on tangible common equity 14 percent versus 13 percent in Q3 . Q4 earnings per share view $1.44, revenue view $23.95 billion -- Thomson Reuters I/B/E/S . Qtrly equity markets revenue was up 8% . JPMorgan's Dimon says "the U.S. economy may be building momentum" . JPMorgan's Dimon says "looking ahead there is opportunity for good, rational and thoughtful policy decisions to be implemented, which would spur growth" .Quarter-End assets under management were $1.8 trillion, up 3%.  Full Article

JPMorgan China Region Fund Inc board to submit proposal for liquidation of fund to vote of stockholders
Friday, 30 Dec 2016 05:00pm EST 

JPMorgan China Region Fund Inc : JPMorgan China Region Fund Inc board to submit proposal for liquidation of fund to vote of stockholders .JPMorgan China Region Fund Inc says board is currently analyzing considerations regarding timing and format of this proposal.  Full Article

Swiss competition panel fines banks in Swiss franc LIBOR case
Wednesday, 21 Dec 2016 01:36am EST 

: Swiss Competition Commission (comco) says has closed its investigation related to the Swiss franc LIBOR benchmark with an amicable settlement and imposes total fines of approximately chf 33.9 million . COMCO REACHED THE CONCLUSION JPMORGAN AND ROYAL BANK OF SCOTLAND (RBS) OPERATED, BETWEEN MARCH 2008 AND JULY 2009, A BILATERAL CARTEL WITH THE AIM OF INFLUENCING THE SWISS FRANC LIBOR BENCHMARK . COMCO SAYS JPMORGAN WAS FINED CHF 33.873 MILLION AFTER RECEIVING A REDUCTION OF ITS FINE FOR THE COOPERATION IN THE INVESTIGATION UNDER THE LENIENCY PROGRAMME . COMCO SAYS RBS RECEIVED FULL IMMUNITY FOR REVEALING THE EXISTENCE OF THE CARTEL TO THE COMCO . COMCO SAYS DECIDED TO DISCONTINUE THE PROCEDURE AGAINST THE TWO SWISS INTERDEALER/CASH BROKER COSMOREX AND GOTTEX .COMCO SAYS DECISION CAN BE APPEALED TO THE FEDERAL ADMINISTRATIVE COURT.  Full Article

Jpmorgan Chase declares preferred stock dividend
Thursday, 15 Dec 2016 04:27pm EST 

Jpmorgan Chase & Co :Jpmorgan chase declares preferred stock dividend.  Full Article

JPMorgan Chase's Jamie Dimon named Chairman of Business Roundtable for 2-year term - CNBC
Wednesday, 7 Dec 2016 12:07pm EST 

: JPMorgan Chase Chairman & CEO Jamie Dimon named new Chairman of the Business Roundtable for 2-year term - CNBC ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

JPMorgan Chase says entered settlements with U.S. DOJ, SEC, board of Federal Reserve System - SEC filing
Thursday, 17 Nov 2016 10:53am EST 

JPMorgan Chase & Co : Entered settlements with U.S. DOJ, U.S. SEC and board of governors of federal reserve system . Will pay about $106 million in disgorgement, and $25 million in prejudgment interest, pursuant to its civil resolution with SEC . Will pay a fine of approximately $62 million under its civil resolution with federal reserve - SEC filing .Other investigations related to former hiring program are ongoing.  Full Article

JPMorgan to pay about $200 million combined to settle U.S. DoJ and SEC probe into hiring in China - source
Wednesday, 16 Nov 2016 04:30pm EST 

: JPMorgan to pay about $200 million combined to settle U.S. DoJ and SEC probe into hiring in China - source Further company coverage: [JPM.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

JPMorgan to settle China hiring probe as soon as Thursday- Bloomberg,citing sources
Wednesday, 16 Nov 2016 03:50pm EST 

: JPMorgan to settle China hiring probe as soon as Thursday- Bloomberg,citing sources . U.S. authorities to announce as soon as Thursday that JPMorgan will pay about $200 million to settle China hiring probe- Bloomberg, citing sources Source http://bloom.bg/2fWZAXL ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Photo

JPMorgan CEO Jamie Dimon gets $28 million pay package

NEW YORK JPMorgan Chase & Co directors paid Chief Executive Jamie Dimon $28 million in total compensation for 2016, a 4 percent bump from the prior year, the company said on Thursday.