BNET Industries
J.P. Morgan Chase & Co. (JPM) is in the Financial Services Industry
- Revenue
- Dec 31 2007
- $116.3B
- Profit
- Dec 31 2007
- $15.3B
- Market Cap
- May 08 2008
- $156.4B
Latest News and Analysis
Bear Stearns Says New Suit Seeks to Block Merger
NEW YORK (Reuters) - Bear Stearns Cos Inc (BSC) disclosed on Thursday that some shareholders want a federal judge to block the troubled investment bank's impending takeover by JPMorgan Chase & Co (JPM). According to a filing with the Securities and Exchange ...
Quickoffice buys BlackBerry document editing firm
Mobile document software developer QuickOffice will be able to reach BlackBerry customers after acquiring New York-based DynoPlex for an undisclosed sum. Both companies make software to use and manage Windows applications on mobile phones. While DynoPlex focuses solely on Research In Motion's BlackBerry smartphones, Quickoffice supports Apple's iPhone, Symbian...
Bear Stearns Investors Drop Bid to Block Buyout
By Martha Graybow NEW YORK (Reuters) - Bear Stearns Cos Inc (BSC) shareholders suing over the planned JPMorgan Chase & Co. (JPM) takeover are dropping efforts to block the deal but will seek damages of at least $2.8 billion, an attorney for the...
JPMorgan Sees Bear Clients Returning, Job Cuts
NEW YORK (Reuters) - JPMorgan Chase & Co (JPM), which is buying Bear Stearns Cos (BSC), expects to regain business from Bear clients who stopped doing business with the troubled investment bank, JPMorgan's co-chief executive of investment banking said on Wednesday....
United Airlines May Ask For Credit Revision: Report
NEW YORK (Reuters) - UAL's (UAUA) United Airlines is mulling asking its banks to rejig the terms of its credit facility in an effort to get crucial financial flexibility, the Financial Times reported on Monday. The carrier may approach its lenders, Citigroup (C),...
Buffett Sees No Bank Panic, But Expects More Losses
OMAHA, Nebraska (Reuters) - Warren Buffett on Sunday said he does not expect financial markets to panic as write-downs and losses for bad debts mount in the financial services industry, but said those losses were not over "by a long shot." The world's...
Buffett Tells Flock: Lower Sights Or Sell Berkshire
By Jonathan Stempel OMAHA, Nebraska (Reuters) - Warren Buffett told shareholders of his Berkshire Hathaway Inc (BRKa) (BRKb) not to expect the out-sized gains his insurance and investment company has historically enjoyed, but they could still sleep well owning its stock...
Buffett Backs Fed Over Bear Stearns
By Jonathan Stempel OMAHA, Nebraska (Reuters UK) - Warren Buffett said on Saturday said the U.S. Federal Reserve avoided financial market "chaos" in coordinating the March bailout of Bear Stearns Cos (BSC), which faced imminent bankruptcy before agreeing to be acquired by JPMorgan Chase &...
Buffett Says Fed Avoided Chaos in Bear Bailout
By Jonathan Stempel OMAHA, Nebraska (Reuters) - Warren Buffett said on Saturday said the U.S. Federal Reserve avoided financial market "chaos" in coordinating the March bailout of Bear Stearns Cos (BSC), which faced imminent bankruptcy before agreeing to be acquired by...
Buffett Doesn't See CDS Market Collapsing
OMAHA, Nebraska (Reuters) - Warren Buffett said on Saturday he does not expect the credit default swap market to collapse, and possibly throw financial markets worldwide into chaos. Speaking at the annual meeting of his Berkshire Hathaway Inc (BRKa) (BRKb) insurance and investment...
Buffett Backs Fed Over Bear Stearns
OMAHA, Nebraska (Reuters UK) - Warren Buffett on Saturday said the U.S. Federal Reserve was correct in deciding to bail out Bear Stearns (BSC), the Wall Street investment bank that faced imminent bankruptcy before agreeing in March to be acquired by JPMorgan Chase & Co...
Buffett Says Fed Right to Bail Out Bear Stearns
OMAHA, Nebraska (Reuters) - Warren Buffett on Saturday said the U.S. Federal Reserve was correct in deciding to bail out Bear Stearns Cos (BSC), the Wall Street investment bank that faced imminent bankruptcy before agreeing in March to be acquired by...
JPMorgan Says No Near End to Financial Crisis: Report
FRANKFURT (Reuters) - JPMorgan Chase & Co (JPM) does not expect the U.S. financial crisis to end soon and will remain very cautious, its top executive said in comments published by a German weekly on Saturday. "We can only speculate how deep and...
JPMorgan Says No End to Financial Crisis Near-paper
FRANKFURT (Reuters UK) - JPMorgan Chase & Co (JPM) does not expect the U.S. financial crisis to end soon and will remain very cautious, its top executive said in comments published by a German weekly on Saturday. "We can only speculate how deep and how long...
Fed Backs Credit Card Reforms
By John Poirier WASHINGTON (Reuters) - The Federal Reserve on Friday joined other U.S. banking regulators in backing new limits on certain billing practices by credit card companies. The Fed approved a proposal that would generally prohibit credit card companies from increasing the...
Treasury Officials to Meet Wall Street Execs: Report
NEW YORK (Reuters) - Treasury Department officials plan private meetings with Wall Street executives and bankers, in an apparent attempt to counter Congressional Democrats seeking stronger steps to handle the housing crisis, the Wall Street Journal reported on Friday. Six meetings...
Staff Say Bear Stearns Sending Redundancy Letters
LONDON (Reuters UK) - Bear Stearns Cos (BSC) staff have started receiving letters telling them whether they will keep their jobs, as JPMorgan Chase & Co (JPM) works through a takeover of its rival U.S. bank. One Bear employee who works in the emerging markets ...
Bear Stearns Sending Redundancy Letters, Say Staff
LONDON (Reuters) - Bear Stearns Cos Inc staff have started receiving letters telling them whether they will keep their jobs, as JPMorgan Chase & Co works through a takeover of its rival U.S. bank. One Bear employee who works in the emerging markets...
Ex-Fed Official Criticizes Bear Stearns Rescue: Report
NEW YORK (Reuters) - A former top Federal Reserve official has said that the Fed's bailout of Bear Stearns Cos (BSC) will come to be viewed as the "worst policy mistake in a generation," the Wall Street Journal reported on Tuesday. Vincent Reinhart,...
Mars and Buffett Buying Wrigley For $23 Billion
By Brad Dorfman CHICAGO (Reuters UK) - M&M's candy maker Mars Inc has teamed up with billionaire Warren Buffett to buy the No. 1 chewing gum manufacturer Wm Wrigley Jr Co (WWY) for $23 billion (11.55 billion pounds), creating the world's largest confectionery company. The...
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- Incorporated: 1968
- CEO: Mr. James Dimon
Key Competitors
J.P. Morgan Chase & Co. Company Info
Board of Directors
Mr. James Dimon
Chairman
Mr. David C. Novak
Dr. Lee R. Raymond Ph.D.
Mr. William C. Weldon
Mrs. Crandall C. Bowles
Mr. Stephen B. Burke
Mr. David M. Cote
Mr. James S. Crown
Ms. Ellen V. Futter
Mr. William H. Gray III
Mr. Laban P. Jackson
Mr. Robert I. Lipp
Contact Information
270 Park Avenue
New York, NY
212 270-6000
NAICS Code
Commercial Banking: 522110
