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By Dawn Kopecki, Bloomberg |
October 12, 2012
JPMorgan Chase & Co., the biggest U.S. bank by assets, posted a record third-quarter profit that beat analysts’ estimates as mortgage revenue soared 72%.
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By Dawn Kopecki, Bloomberg |
July 13, 2012
JPMorgan Chase & Co., the largest U.S. bank, reported a $4.4 billion trading loss in its chief investment office, bigger than analysts estimated
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By Steve Zwick |
May 1, 2012
Although critics say high-frequency trading is giving markets too much of a good thing, exchanges disagree.
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By Hugh Son, Bloomberg |
April 19, 2012
Bank of America Corp., the second- largest U.S. lender, said first-quarter profit rose amid a rebound in trading and better credit quality. The shares jumped in early trading.
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By Canaccord Genuity Morning Coffee |
April 17, 2012
Citigroup’s Q1 earnings came in ahead of expectations, helped by an improvement in its capital markets performance, sending shares higher on Monday.
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By Dawn Kopecki, Bloomberg |
April 13, 2012
JPMorgan Chase & Co. reported a 3.1 percent drop in earnings, a smaller decline than analysts estimated as mortgage revenue surged and trading almost doubled from the fourth quarter.
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By Hugh Son and Dawn Kopecki, Bloomberg |
March 21, 2012
JPMorgan Chase & Co. and Bank of America Corp., the two biggest U.S. banks, are cutting senior mortgage traders and salesmen amid a decline in the asset-backed securities market.
