Tags » JPMorgan

Barclays joins the wave of banks jettisoning commodities businesses

Hot commodity? More like a hot potato. The world’s biggest banks have been dropping their commodities businesses like that aforementioned tuber of late, selling off all or parts of their once-lucrative commodities trading units. 379 more words

Big banks lend to corporations over consumers

Lending was up in the first quarter, but that jump has hidden the fact that individuals are still having a tough time getting loans.

FORTUNE — Consumers are still getting crunched. 506 more words

Term Sheet

Morgan Stanley's unlikely rebound continues

CEO James Gorman proves that there are, in fact, second acts on Wall Street.

FORTUNE — James Gorman appears to have found Wall Street’s secret sauce. 413 more words

Term Sheet

What exactly did bank CEOs earn in 2013?

JPMorgan CEO Jamie Dimon got either a 74% raise or a 37% pay cut, depending on the source. In fact, neither stat correctly reports his 2013 take-home pay.  761 more words

Term Sheet

Dismal Week for U.S. Stocks

Stocks continued to drop Friday after a weeklong slide that saw investors reassessing some of the market’s strongest recent performers, including tech stocks like Google and Amazon. 174 more words

JPMorgan loses money every time it makes a mortgage

That’s bad news for the housing market and the economy in general.

FORTUNE — If you are wondering why you can’t get a mortgage, here’s an answer: Every time JPMorgan Chase makes a home loan, it loses money, $1,500 on average. 634 more words

Term Sheet

JPMorgan's results don't bode well for Citigroup

If you thought JPMorgan’s earnings were rough, brace yourself for Citigroup’s first-quarter results, which are due Monday.

Released today, JPMorgan’s results (as well as… 238 more words