Aug 22, 2014

JPMorgan customers targeted in email phishing campaign

Fraudsters are targeting JPMorgan Chase & Co customers in an email phishing campaign that is unusual because it attempts to collect credentials for that bank and also infect PCs with a virus for stealing passwords from other institutions. The campaign, dubbed “Smash and Grab,” ...

JPMorgan, U.S. reach $13 billion deal on mortgage bonds

Nov 20, 2013

JPMorgan, U.S. reach $13 billion deal on mortgage bonds

JPMorgan Chase & Co. has agreed to pay $13 billion in a landmark settlement after it acknowledged that it misled investors about the quality of risky mortgage-backed securities ahead of the 2008 financial crisis. The settlement announcement Tuesday with the Department of Justice is ...

JPMorgan, investors reach $4.5 billion settlement over bad mortgages

Nov 16, 2013

JPMorgan, investors reach $4.5 billion settlement over bad mortgages

JPMorgan Chase & Co. has reached a $4.5 billion settlement with investors who said the bank deceived them about bad mortgage investments. The settlement, announced Friday, covers 21 major institutional investors, including competitor Goldman Sachs, BlackRock Financial Management, and Metropolitan Life Insurance Co. The ...

Sep 17, 2013

'London Whale' to cost JPMorgan $750 million

Authorities in the United States and Britain are set to hand down roughly $750 million in fines against JPMorgan Chase over the bank’s disastrous “London Whale” trading losses last year, according to people familiar with the negotiations. The settlements could be announced as soon ...