JPMorgan Chase

690 results about this entity

Period: 28 Nov 2007 - 03 Mar 2025

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.

Chase patents card fraud analysis system

Chase Card Services has received a patent for First Watch Intelligence, an analytical application for detecting credit card fraud and ID theft.

HSBC and JPMorgan join SwapClear; DTCC hits back at LCH.Clearnet critics

HSBC and JPMorgan have become shareholders of OTCDerivNet, the company which provides strategic direction to LCH.Clearnet's SwapClear service.

JPMorgan sacrifices CDS engine to open source in bid to stave off legislation

JPMorgan is to hand over its inhouse-developed CDS analytical engine to the International Swaps and Derivatives Association to run as an open platform in an effort to increase transparency in credit default swaps pricing and stave off legislation.