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JPMorgan Chase and Co

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  • July 29- JPMorgan Chase& Co, the biggest U.S. bank by assets, is slashing its technology support workforce in corporate and investment banking division following a revenue dip, Bloomberg News reported, citing people familiar with the matter. Offices affected include New York, Tampa, Chicago and Dubai, according to the report.

  • LONDON, July 29- On the surface at least, much has changed in the London Metal Exchange warehousing business over the past year. The exchange has much more work to do if it wants to rectify a delivery system that has ruptured relations with some of its users and generated a spate of lawsuits in the United States.

  • July 28- Online flash sale site Rue La La, which was formerly partly owned by eBay, is exploring a sale that could value the company at around $400 million, people familiar with the matter said on Monday. Boston- based Rue La La, which has attracted interest from online shopping site Gilt Groupe, has hired JPMorgan Chase& Co to advise a potential sale, the people said.

  • Final Glance: Banks companies Monday, 28 Jul 2014 | 6:04 PM ET

    Bank of America Corp. fell$. 09 or. 6 percent, to $15.50. Citigroup Inc. fell$. 33 or. 7 percent, to $49.70. Goldman Sachs rose$. 55 or. 3 percent, to $175.95.

  • Midday Glance: Banks companies Monday, 28 Jul 2014 | 1:31 PM ET

    Bank of America Corp. fell$. 12 or. 8 percent, to $15.47. Citigroup Inc. fell$. 37 or. 7 percent, to $49.66. US Bank fell$. 37 or. 9 percent, to $42.38.

  • Early Glance: Banks companies Monday, 28 Jul 2014 | 10:33 AM ET

    Bank of America Corp. fell$. 06 or. 4 percent, to $15.53. Citigroup Inc. fell$. 15 or. 3 percent, to $49.88. Goldman Sachs rose$. 01 or percent, to $175.41.

  • Lloyds bank settles with US, UK over market fixing Monday, 28 Jul 2014 | 9:43 AM ET

    LONDON— Lloyds Banking Group is paying $369 million to U.S. and British authorities to settle allegations it manipulated a key global interest rate.

  • In 2008, when the investment bank's exposure to toxic mortgage bonds brought it to the brink of collapse, JPMorgan Chase& Co rescued Bear Stearns and kept Greenberg on as vice chairman emeritus of its global wealth management business.

  • Remembering Ace Greenberg, the 'last of a breed' Friday, 25 Jul 2014 | 5:20 PM ET
    Alan "Ace" Greenberg

    There's a reason that people keep using the phrase "last of a breed" to describe Alan "Ace" Greenberg, the former Bear Stearns CEO who died Friday.

  • Former Bear Stearns chairman Greenberg dead at 86 Friday, 25 Jul 2014 | 2:42 PM ET

    In 2008, when the investment bank's exposure to toxic mortgage bonds brought it to the brink of collapse, JPMorgan Chase& Co rescued Bear Stearns and kept Greenberg on as vice chairman emeritus of its global wealth management business.

  • NEW YORK, July 25- Even if data next week shows a mediocre rebound in U.S. economic growth, that might be enough to keep the stock market aloft at record highs and the Federal Reserve steadfast in its winding down of stimulus through bond purchases.

  • Brian Zwerner, a former manager of Bank of America's municipal derivatives desk, was sentenced to spend three years on probation and pay a $10,000 fine by U.S. According to court papers he has also agreed to pay Bank of America $890,000 and settle related U.S. Securities and Exchange Commission civil charges.

  • Wall Street's Ace Greenberg is dead at 86 Friday, 25 Jul 2014 | 12:53 PM ET
    Alan "Ace" Greenberg in 2012

    Alan C. Greenberg, the Wall Street legend behind Bear Stearns' during its rise and collapse during the recession, is dead at 86. NYT reports.

  • WASHINGTON, July 25- A mixed reading on the health of U.S. business investment on Friday suggested the economy may not have rebounded as strongly in the second quarter as previously believed, but it offered hope for the rest of 2014..

  • LONDON, July 25- Foreign equity and bond investors who had tentatively ventured back into Russia after a huge early-2014 selloff are again slashing their holdings for fear of being caught in the crossfire of Western sanctions. Russia has fared worst among the big emerging equity markets this year, with dollar-based losses of 13 percent.

  • Lessons learned from big social media disasters Friday, 25 Jul 2014 | 10:00 AM ET

    Some high-profile companies have really screwed up in tweets and posts, providing lessons in how not to use social media.

  • Goldman bankers to 'Babble' on their own chatroom Friday, 25 Jul 2014 | 12:03 AM ET
    The Bloomberg Terminal computer system

    Goldman Sachs will develop a chat tool called "Babble" that could replace the instant messaging service on Bloomberg's terminals.

  • U.S. Senate panel to consider 'too big to fail' report Thursday, 24 Jul 2014 | 7:08 PM ET

    WASHINGTON, July 24- A U.S. Senate panel will meet next Thursday to discuss results of a much anticipated government study that looked at whether the biggest banks can borrow at lower interest rates because investors think they would be bailed out in a crisis.

  • Final Glance: Banks companies Thursday, 24 Jul 2014 | 6:22 PM ET

    Bank of America Corp. rose$. 10 or. 6 percent, to $15.62. Citigroup Inc. fell$. 09 or. 2 percent, to $50.09. Goldman Sachs fell$. 56 or. 3 percent, to $176.26.

  • Midday Glance: Banks companies Thursday, 24 Jul 2014 | 1:23 PM ET

    Bank of America Corp. rose$. 09 or. 5 percent, to $15.61. Citigroup Inc. rose$. 02 or percent, to $50.20. Goldman Sachs fell$. 39 or. 2 percent, to $176.43.