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JPM’s Jamie Dimon on litigation expenses

JPMorgan Chase’s Jamie Dimon discusses litigation expenses and the financial-crisis era acquisitions of Bear Stearns and Washington Mutual .

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  1. JPMorgan's Tentative $13B Pact Could Collapse

    JPMorgan Chase's (NYSE:JPM) tentative $13 billion mortgage settlement with the Department of Justice is at risk of imploding, according to multiple reports.Word that...

  2. J.P. Morgan's Deal With DOJ Could Collapse: WSJ

    J.P. Morgan Chase & Co.'s impending settlement with the Department of Justice is at risk of collapse, hung up on the bank's belief that the Federal Deposit Insurance...

  3. JPMorgan Strikes $4B Mortgage Settlement

    The regulator of Fannie Mae and Freddie Mac announced a $4 billion settlement with J.P. Morgan Chase (NYSE:JPM) on Friday, closing a lawsuit related to mortgages sol...

  4. Banks May be Hit for Billions Over JPM Probe

    The banking industry could be on the hook for tens of billions of dollars in legal costs if government officials apply the same regulatory standards to other banks t...

  5. Dimon: Legal Environment Is 'highly Charged'

    J.P. Morgan Chase & Co. CEO Jamie Dimon made clear Friday that he doesn't intend to roll over to the demands of everyone who is suing his bank. In a statement Friday...

  6. JPM Deal Complicated by Washington Mutual : Report

    JPMorgan Chase & Co's (NYSE:JPM) possible $11 billion settlement of government mortgage probes has been complicated by a dispute with the Federal Deposit Insurance C...

  7. J.P. Morgan Said To Face Another Mortgage Lawsuit

    J.P. Morgan Chase & Co. could be facing another government lawsuit over sales of mortgage-back securities, according to a report in Reuters on Monday. The bank discl...

  8. S&P Capital IQ Upgrades J.P. Morgan To Strong Buy

    J.P. Morgan Chase & Co. has been raised to a strong buy from a buy recommendation, by analysts at S&P Capital IQ on Thursday. Analysts also increased the share price...

  9. U.S. probe eyes JPMorgan MBS, not Bear or WaMu bonds: source

    U.S. prosecutors investigating JPMorgan Chase & Co for allegedly violating securities laws are looking at mortgage bonds created by the bank itself, and not by compa...

  10. Fight Over Glass-Steagall Could Push Reform

    As a piece of actual legislation, the effort to revive the Depression-Era Glass-Steagall Act is probably dead on arrival. But as a method of keeping pressure on big ...

  11. Judge revives Dexia lawsuit vs. JPMorgan over mortgage claims

    A federal judge has revived a closely watched lawsuit accusing JPMorgan Chase & Co of misleading Belgian-French bank Dexia SA into buying more than $1.6 billion of t...

  12. ResCap Bankruptcy Report Could Remain Sealed Until July 3

    An independent examiner's report that could sway settlement negotiations in the bankruptcy of mortgage lender Residential Capital LLC may remain under seal until Jul...

  1. JPMorgan on profit drop: Be relieved we aren't taking big risks

    JPMorgan Chase & Co executives had a clear message for shareholders after reporting declining first-quarter earnings: don't worry, be happy that the bank isn't chasi...

  2. JPM Sues FDIC Over Washington Mutual Claims

    JPMorgan Chase & Co (NYSE:JPM) sued the Federal Deposit Insurance Corporation in federal court on Tuesday, saying the agency owes it more than $1 billion in compensa...

  3. J.P. Morgan: Part Of Deal Will Be Tax-deductible

    J.P. Morgan Chase & Co. will be able to tax deduct $7 billion of the $13 billion settlement, the firm confirmed on an investor call on Tuesday. The firm's CFO Marian...

  4. JPMorgan Chase Forges $13B Settlement with DOJ

    In the largest-ever settlement with the U.S. government, banking giant JPMorgan Chase (NYSE:JPM) officially agreed on Tuesday to shell out $13 billion and admitted m...

  5. J.P. Morgan: Firm Fully Reserved For $13 Bln Deal

    J. P. Morgan Chase & Co. said on Tuesday it has enough reserves to cover the $13 billion settlement announced with the government over residential mortgage-backed se...

  6. J.P. Morgan To Pay $13 Billion In Govt Settlement

    J.P. Morgan Chase & Co. will pay $13 billion to settle government accusations that it misled investors about mortgages it bundled and sold in the run-up to the finan...

  7. JPM to Pay $4.5B in Mortgage Securities Deal: Report

    JPMorgan Chase & Co (NYSE:JPM) said on Friday it has agreed to pay $4.5 billion to settle claims by investors who lost money on mortgage-backed securities before the...

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