Washington Mutual Inc.

JPMorgan’s $13 billion deal seen as shield against lawsuits

By Hugh Son, Zachary Tracer, Tom Schoenberg and Laurie Asseo, Bloomberg | November 20, 2013

JPMorgan Chase & Co.’s record $13 billion deal to end probes into mortgage-bond sales may save the bank billions more because of what the agreement lacked: An explicit admission of wrongdoing.

Credit Suisse to Citigroup said to face U.S. mortgage-bond probe

By Keri Geiger and Dakin Campbell, Bloomberg | October 24, 2013

Credit Suisse Group AG and Citigroup Inc. are among banks grappling with a round of U.S. probes into mortgage-bond sales.

JPMorgan guilty plea asked by Holder shows tough bank stance

By Tom Schoenberg, Bloomberg | October 22, 2013

JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon went to Washington almost a month ago to see if U.S. Attorney General Eric Holder would settle a criminal probe of mortgage fraud at the bank if it paid more money to resolve related civil investigations.

JPMorgan said in talks to settle U.S. mortgage-bond case

By Phil Mattingly, Dawn Kopecki and Karen Gullo, Bloomberg | September 24, 2013

JPMorgan Chase & Co. resumed settlement talks with the U.S. as authorities prepared to sue the bank in California federal court.

Lehman haunts banks cheapest to S&P 500 even as shares surge

By Whitney Kisling, Bloomberg | September 16, 2013

For all the efforts to regulate banks since Lehman Brothers Holdings Inc. collapsed, stock investors have no more faith in U.S. financial institutions now than they did in early 2008, relative to the rest of the market.

BlackRock vote on Dimon’s future highlights ties to JPMorgan

By Christine Harper and Alexis Leondis, Bloomberg | May 9, 2013

Bill Rubin, a senior investment analyst at BlackRock Inc. who picks financial-company stocks, didn’t mince words a year ago when he e-mailed JPMorgan Chase & Co. right after the bank disclosed a trading loss that ultimately cost more than $6.2 billion.

No joy on Wall Street as six biggest banks earn $63 billion

By Max Abelson, Bloomberg | October 3, 2012

The combined $63 billion in profit reported by the six largest U.S. lenders over the four quarters through June is more than they earned in any calendar year since the peak in 2006.

JPMorgan said to face escalating Senate probe of CIO losses

By Dawn Kopecki, Robert Schmidt and Cheyenne Hopkins, Bloomberg | September 6, 2012

JPMorgan Chase & Co.’s wrong-way bets on derivatives are the focus of an escalating probe by a U.S. Senate panel led by Carl Levin that has grilled executives from banks including Goldman Sachs Group Inc. and HSBC Holdings Plc.

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