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JPMorgan Chase & Co (JPM)

JPM on New York Consolidated

92.86USD
25 Jul 2017
Change (% chg)

$1.58 (+1.73%)
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Latest Key Developments (Source: Significant Developments)

JPMorgan Chase and PayPal strike payments partnership
Thursday, 20 Jul 2017 09:09am EDT 

July 20 (Reuters) - JPMorgan Chase & Co ::JPMorgan Chase and PayPal strike payments partnership to enhance payments online, in app and in store.Paypal Holdings Inc - ‍PayPal will have ability to process payments on chasenet, a unique, closed-loop payment network​.Paypal Holdings Inc - ‍J.P. Morgan will process chase card payments from payPal via chasenet​.  Full Article

J.P. Morgan Asset Management says adds Jani Venter to Defined Contribution Real team
Tuesday, 18 Jul 2017 01:00pm EDT 

July 18 (Reuters) - J.P. Morgan Asset Management::J.P. Morgan Asset Management strengthens defined contribution real estate portfolio management team, hires executive director Jani Venter.‍Prior to her appointment, Venter was an Associate Partner at Aon Hewitt.  Full Article

Sanken Electric consolidated subsidiary SKN to issu new shares to OEP through private placement
Tuesday, 18 Jul 2017 02:35am EDT 

July 18(Reuters) - Sanken Electric Co Ltd <6707.T>:Says its consolidated subsidiary Sanken North America Inc (SKN) will issue 2.9 million new shares to One Equity Partners(OEP) through private placement, with a payment date on Aug. 24 (U.S. time).Says OEP will hold 28.8 percent stake in SKN after the share issuance .  Full Article

Leap Motion announces $50 mln in series C funding
Monday, 17 Jul 2017 01:48pm EDT 

July 17 (Reuters) - Leap Motion::Leap Motion announces $50 million in series C funding led by J.P. Morgan Asset Management.$50 million in series C funding led by J.P. Morgan Asset Management​.  Full Article

Jpmorgan Chase & Co June credit card charge-off rate 2.36 pct vs 2.50 pct in May
Monday, 17 Jul 2017 06:54am EDT 

July 17 (Reuters) - Jpmorgan Chase & Co :Jpmorgan chase & co - credit card charge-off rate 2.36 percent in june versus 2.50 percent in may - sec filing.Jpmorgan chase & co - delinquency rate 1.14 percent at june end versus 1.14 percent percent at may end.  Full Article

JPMorgan Chase Q2 earnings per share $1.82
Friday, 14 Jul 2017 07:09am EDT 

July 14 (Reuters) - JPMorgan Chase & Co ::JPMorgan Chase reports second-quarter 2017 net income of $7.0 billion, or $1.82 per share ‍​.Q2 average core loans up 8 percent YOY and 2 pecrent QOQ.Q2 ROTCE 14 percent versus 13 percent in Q1.Q2 tangible book value per share $53.29, up 6 percent.Q2 adjusted expense of $14.4 billion versus $14.8 billion in Q1.Q2 Consumer & Community Banking average deposits of $640 billion, up 10 percent.Qtrly net revenue was $26.4 billion, up 5 percent.JPMorgan's Dimon says "the U.S. consumer remains healthy, evidenced in our strong underlying performance in Consumer & Community Banking".Qtrly provision for credit losses was $1.2 billion, down from $1.4 billion in the prior-year quarter‍​.Basel III Common Equity Tier 1 ratio 12.5 percent at Q2-end versus 12.4 percent at Q1-end.Qtrly mortgage banking net revenue was $1.4 billion, down 26 percent‍​.Q2 adjusted overhead ratio 56 percent versus 58 percent in Q1.Assets under management at Q2-end were $1.9 trillion, up 11 percent.Qtrly equity markets revenue was down 1 percent.Q2 earnings per share view $1.58, revenue view $24.96 billion -- Thomson Reuters I/B/E/S.2Q17 results included a $406 million after-tax benefit from a legal settlement‍​.  Full Article

JPMorgan sees 2017 Firmwide adjusted expense to be about $58 bln
Friday, 14 Jul 2017 06:59am EDT 

July 14 (Reuters) - JPMorgan Chase & Co ::Expect Firmwide 2017 net interest income to be up $4 billion+ YoY, market dependent.Expect 2017 Firmwide adjusted expense to be about $58 billion‍​.Expect 2017 Firmwide net charge-offs to be $5 billion +/-.Expect 2017 Firmwide average core loan growth to be about 8 percent.Says quarterly fixed income markets revenue of $3.2 billion, down 19 percent - Presentation.  Full Article

JPMorgan Chase results press release
Friday, 14 Jul 2017 06:55am EDT 

Please click on the link below for JPMorgan Chase & Co's quarterly earnings press release::.  Full Article

JPMorgan Chase & Co reports 11.2 pct passive stake in Blue Apron Holdings
Friday, 7 Jul 2017 01:10pm EDT 

July 7 (Reuters) - Blue Apron Holdings Inc :JPMorgan Chase & Co reports 11.2 percent passive stake in Blue Apron Holdings Inc as of June 30 - sec filing.  Full Article

JPMorgan Chase & Co says does not intend to make offer for Worldpay
Wednesday, 5 Jul 2017 08:16am EDT 

July 5 (Reuters) - JPMorgan Chase & Co :Response to announcement by Worldpay Group Plc.Announces that it does not intend to make an offer for Worldpay.In response to an invitation from Worldpay, J.P. Morgan was at very early stage in considering whether or not to make an offer or terms of any offer for Worldpay.  Full Article

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Exclusive: London Metal Exchange to publish gold, silver reference prices within weeks

LONDON The London Metal Exchange (LME) will start publishing gold and silver reference prices, the exchange told Reuters on Tuesday, potentially challenging the dominance of benchmarks administered by Intercontinental Exchange (ICE).