SoftBank Group Corp. is assembling a rescue financing plan for WeWork that may value the office-sharing company below $8 billion, according to people familiar with the discussions. The new figure is a fraction of the $47 billion valuation the startup commanded as recently as January. ...
Berkshire, Amazon and JPMorgan bosses look to shake up U.S. health care market
It's no secret Jeff Bezos has been looking to crack health care. But no one expected him to pull in Warren Buffett and Jamie Dimon, too. News Tuesday that Bezos's Amazon.com Inc., Buffett's Berkshire Hathaway Inc. and JPMorgan Chase & Co., led by Dimon, plan ...
Jesper Koll is leaving JPMorgan Chase & Co. after running the firm's equity-research team in Tokyo for more than five years. Koll resigned at the end of March to pursue a "new career opportunity," he wrote in an internal memo obtained by Bloomberg, without giving ...
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," was ...
What to do with banks that are 'too big to fail'?
The travails of JPMorgan Chase have reopened the debate about what to do with American and European banks that are "too big to fail." The result so far is an uneven playing field.
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 as ...
