News for J.P. Morgan
Mar 23 · 10:48:00 AM · Source: Company Press Release
Chase announced today that it will provide additional help to struggling homeowners by joining the second-lien program of the federal government's Home Affordable Modification Program. The Second-Lien Modification Program, known as 2MP, is designed to work in tandem with HAMP to lower homeowners' payments on both their first and second mortgages.
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by Larry Etter
Mar 17 · 11:07:00 AM · Source: Company Press Release
JPMorgan Chase & Co. today declared a quarterly dividend of 5 cents per
share on the outstanding shares of the Corporation`s common stock. The dividend
is payable on April 30, 2010, to stockholders of record at the close of business
on April 6, 2010
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by Larry Etter
Feb 16 · 11:30:00 AM · Source: Company Press Release
J.P. Morgan announced today that it will acquire RBS Sempra Commodities' global oil, global metals and European power and gas assets. The transaction is expected to close in the second quarter of 2010, pending regulatory approvals. These assets will be integrated into J.P. Morgan's existing Global Commodities business, led by Blythe Masters.
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by Larry Etter
Jan 1 · 1:56:00 PM · Source: Red, White, and Blue Press
JPMorgan Chase has said that by the end of 2010 they plan to have opened 120 new branches and have hired over 1,000 new employees.
Many analysts have said the economy will still be recovering in 2010, but JPMorgan Chase doesn’t seem to be slowed by these opinions and doesn’t plan to stop their expansion in the new year.
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by Michael Oliveto
Dec 29 · 2:22:00 PM · Source: Gulf News
JPMorgan Chase & Co sold $4 billion (Dh14.69 billion) of notes in the only US corporate bond offering last week.
Sales compare with $17.5 billion the previous week and bring total monthly issuance to $56.6 billion, in line with the $55 billion average since 2000, according to data compiled by Bloomberg. New York-based JPMorgan's 13-month extendible notes, which have a final maturity of five years, marked the second time the bank sold dollar-denominated debt this month. The issue from JPMorgan, the second-largest US bank, brought 2009's total volume to a record $1.24 trillion as borrowers took advantage of low interest rates to refinance debt after being locked out of the bond market during last year's financial crisis. The previous record was $1.17 trillion in 2007.
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by Michael Oliveto
Oct 14 · 10:40:00 AM · Source: BusinessWire
JPMorgan Chase & Co. (NYSE: JPM) joined Intel today in boosting market morale when it reported third-quarter 2009 net income of $3.6 billion, compared with net income of $527 million in the third quarter of 2008. Earnings per share were $0.82, compared with $0.09 in the prior year. The results easily beat market expectations and helped move the stock market higher during Wednesday morning.
JPMorganChase CEO Jamie Dimon continues to show he's is one of -- or is the top -- banking CEOs in world.
· Related: BANK OF AMERICA
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by Larry Etter
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