JPMorgan Chase

681 results about this entity

Period: 28 Nov 2007 - 20 Dec 2024

Bank teller corruption link to multi-million dollar NY cheque fraud scam

New York prosecutors have indicted 18 people for operating an identity theft and bank fraud scheme that saw counterfeit cheques used to steal at least $1.4 million from hundreds of victims.

JPMorgan Chase shows 'Way Forward' with new financial guidance site

JPMorgan Chase has launched a new Website designed to provide guidance and news to consumers on critical issues affecting the US financial system.

LCH.Clearnet looks to deal with bidding consortium

LCH.Clearnet has responded to last week's EUR830 million offer from a consortium of banks and Icap by indicating its willingness to interweave elements of the bid with its own restructuring plans. Meanwhile, the clearing house is also set to restructure its technology platform in a bid to save millions of euros a year.

Icap consortium makes EUR830m LCH.Clearnet bid - FT

A consortium of 11 banks and interdealer broker Icap has launched an EUR830 million bid for LCH.Clearnet just weeks after the Depository Trust and Clearing Corporation called off its pursuit of the London clearing house, according to the Financial Times.

JPMorgan shifts retail lockbox business to 3i Infotech

JPMorgan is to sell its national retail lockbox business to Indian IT company 3i Infotech.

BoA, MasterCard, Visa sued over e-commerce payments patents

Actus, a recently formed US holding company, is suing 20 companies, including Bank of America, MasterCard, Obopay and Visa, accusing them of infringing four patents related to an electronic payments system for e-commerce.

Icap and CLS set up FX post-trade joint venture

Interdealer broker Icap and FX risk reduction network CLS are to create a new joint venture company offering post-trade aggregation services to participants in the over-the-counter currency markets.

Payments fraud rampant in US organisations - survey

Over 70% of US firms were victims of attempted or actual payments fraud in 2008, according to a survey from the Association for Financial Professionals (AFP).

Hodgkinson appointed SmartPool head

SmartPool, the European exchange-led dark pool for block trading set up by Nyse Euronext, BNP Paribas, HSBC and JPMorgan, has appointed Lee Hodgkinson as its new chief executive officer

Moneybookers put up for sale - FT

European online payments outfit Moneybookers has been put up for sale by Bahrain-based private equity group Investcorp, according to the Financial Times.

LCH.Clearnet mulls buying out investors - FT

London clearer LCH.Clearnet is considering buying out its shareholders and converting into a user-owned utility in a bid to fend off a takeover bid from an Icap-led consortium of banks, according to the Financial Times.

JPMorgan to cut 12,000 jobs as it begins WaMu integration

JPMorgan Chase is to eliminate 12,000 jobs as it integrates the retail banking operations of failed Seattle-based thrift Washington Mutual.