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JPMorgan Chase & Co (JPM.N)

JPM.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Bid Corp Says J P Morgan Now Holds 10.05 Pct Of Co
Friday, 18 Jan 2019 07:47am EST 

Jan 18 (Reuters) - Bid Corporation Ltd ::BID CORP- J P MORGAN ACQUIRED BENEFICIAL INTEREST IN CO'S SECURITIES, ENTIRE BENEFICIAL INTEREST AMOUNTS TO 10.05% OF TOTAL SECURITIES IN ISSUE.  Full Article

JPMorgan Reports Q4 2018 Earnings Per Share Of $1.98
Tuesday, 15 Jan 2019 07:11am EST 

Jan 15 (Reuters) - JPMorgan Chase & Co ::JPMORGAN CHASE REPORTS RECORD FOURTH-QUARTER 2018 NET INCOME OF $7.1 BILLION, OR $1.98 PER SHARE.QTRLY REPORTED REVENUE OF $26.1 BILLION; MANAGED REVENUE OF $26.8 BILLION.QTRLY BOOK VALUE PER SHARE OF $70.35, UP 5%; TANGIBLE BOOK VALUE PER SHARE OF $56.33, UP 5%.QTRLY EQUITY MARKETS REVENUE WAS $1.3 BILLION, UP 15%.QTRLY ROTCE 14 PERCENT VERSUS 17 PERCENT REPORTED IN Q3 2018.QTRLY AVERAGE CORE LOANS EX-CIB, UP 6% Y-O-Y.QTRLY NET INTEREST INCOME WAS $14.5 BILLION, UP 9%.QTRLY REPORTED EXPENSE OF $15.7 BILLION.JPMORGAN'S JAMIE DIMON - "OUR CUSTOMER-CENTRIC BUSINESS MODEL HAS BENEFITED FROM A HEALTHY AND ENGAGED U.S. CONSUMER THAT IS SPENDING, SAVING AND INVESTING".QTRLY FIXED INCOME REVENUE OF $1.9 BILLION WAS DOWN 16 PERCENT, OR DOWN 18 PERCENT EXCLUDING IMPACT OF TCJA.Q4 EARNINGS PER SHARE VIEW $2.20, REVENUE VIEW $26.83 BILLION -- REFINITIV IBES DATA.QTRLY PROVISION FOR CREDIT LOSSES WAS $1.5 BILLION, INCREASE OF $240 MILLION FROM PRIOR YEAR.JPMORGAN'S DIMON SAYS VOLATILITY AND LOWER MARKET LEVELS IMPACTED FOURTH QUARTER RESULTS.JPMORGAN'S DIMON SAYS "AS WE HEAD INTO 2019, WE URGE OUR COUNTRY’S LEADERS TO STRIKE A COLLABORATIVE, CONSTRUCTIVE TONE".  Full Article

Jpmorgan Chase & Co Expect Firmwide 1Q19 Expense To Be Up Mid-Single Digits YoY
Tuesday, 15 Jan 2019 07:07am EST 

Jan 15 (Reuters) - JPMorgan Chase & Co ::JPMORGAN CHASE & CO - EXPECT FIRMWIDE 1Q19 EXPENSE TO BE UP MID-SINGLE DIGITS YOY.JPMORGAN CHASE & CO - EXPECT FIRMWIDE 1Q19 NII TO BE APPROXIMATELY FLAT QOQ, MARKET DEPENDENT.  Full Article

JPMorgan Chase Bank N.A. and Chase Bank USA, N.A. file merger application
Tuesday, 4 Dec 2018 05:30pm EST 

Dec 4 (Reuters) - JPMorgan Chase & Co ::JPMORGAN CHASE BANK, N.A. AND CHASE BANK USA, N.A. FILE MERGER APPLICATION.JPMORGAN CHASE & CO - PROPOSED MERGER IS PART OF CO'S LEGAL ENTITY SIMPLIFICATION INITIATIVES.JPMORGAN SAYS CO'S UNIT BANKS, JPMORGAN CHASE BANK & CHASE BANK USA FILED APPLICATION OF MERGER WITH OFFICE OF THE COMPTROLLER OF THE CURRENCY - SEC FILING.JPMORGAN CHASE & CO - MERGER HAS BEEN APPROVED BY RESPECTIVE BOARDS OF DIRECTORS OF CO'S SUBSIDIARY BANKS AND CHASE USA.  Full Article

JPMorgan In Talks To Rehire Ling Zhang - Bloomberg, Citing Sources
Tuesday, 27 Nov 2018 12:58am EST 

Nov 27 (Reuters) - :JPMORGAN IN TALKS TO REHIRE LING ZHANG FROM BGI GENOMICS - BLOOMBERG, CITING SOURCES.  Full Article

Jpmorgan Chase & Co Reports Credit Card Delinquency Rate 1.18 Pct At October End Vs 1.14 Pct At September End
Thursday, 15 Nov 2018 12:27pm EST 

Nov 15 (Reuters) - JPMorgan Chase & Co ::JPMORGAN CHASE & CO - CREDIT CARD DELINQUENCY RATE 1.18 PERCENT AT OCTOBER END VERSUS 1.14 PERCENT AT SEPTEMBER END.JPMORGAN CHASE & CO - CREDIT CARD CHARGE-OFF RATE 2.19 PERCENT IN OCTOBER VERSUS 2.22 PERCENT IN SEPTEMBER - SEC FILING.  Full Article

Chase Collaborates with Visa To Bring Tap To Pay To Its Credit Cards
Wednesday, 14 Nov 2018 12:01pm EST 

Nov 14 (Reuters) - Chase::CHASE - COLLABORATING WITH VISA TO BRING TAP TO PAY TO ITS CREDIT CARDS.CHASE - VISA CREDIT CARDS, INCLUDING ALL CO-BRAND CARDS, WILL HAVE TAP TO PAY FUNCTIONALITY BY FIRST HALF OF 2019.CHASE - CHASE DEBIT CARDS WILL OFFER TAP TO PAY FEATURE IN SECOND HALF OF 2019.  Full Article

India-Focused Tech Firm Streamcast Weighs London IPO - Bloomberg
Wednesday, 7 Nov 2018 01:05pm EST 

Nov 7 (Reuters) - :INDIA-FOCUSED TECH FIRM STREAMCAST WEIGHS LONDON IPO - BLOOMBERG, CITING SOURCES.HSBC HOLDINGS PLC AND JPMORGAN CHASE & CO. ARE POISED FOR A ROLE ON STREAMCAST'S LISTING - BLOOMBERG.  Full Article

Chase Card Services Launches New Apple Ultimate Rewards Store
Tuesday, 6 Nov 2018 05:47am EST 

Nov 6 (Reuters) - CHASE CARD SERVICES ::CHASE CARD SERVICES LAUNCHES NEW APPLE ULTIMATE REWARDS STORE.CHASE CARD SERVICES - MEMBERS CAN BUY APPLE PRODUCTS USING POINTS, THEIR CARD OR COMBINATION OF BOTH WITHIN ULTIMATE REWARDS.  Full Article

Lyft Picks Underwriters for IPO in 2019- WSJ
Tuesday, 16 Oct 2018 12:43pm EDT 

Oct 16 (Reuters) - :LYFT PICKS UNDERWRITERS FOR IPO IN 2019- WSJ, CITING SOURCES.JPMORGAN CHASE WILL LEAD LYFT'S OFFERING ALONG WITH CREDIT SUISSE GROUP AG AND JEFFERIES GROUP; VALUATION IS EXPECTED TO TOP $15.1 BILLION - WSJ.  Full Article

MIDEAST DEBT-Gulf gets boost as billions pour in before bond index entry

DUBAI, Jan 22 Government bonds issued by Saudi Arabia and four other Gulf states are outperforming debt from other regions, on expectations their inclusion in JPMorgan’s bond indexes will pull in up to $40 billion in foreign investment.