JP Morgan

Fewer U.S. Banks Failing as Industry Strengthens

U.S. banks are ending the year with their best profits since 2006 and fewer failures than at any time since the financial crisis struck in 2008. They're helping support an economy slowed by high unemployment, flat pay, sluggish manufacturing and anxious consumers.

U.S. Bank Earnings Up 6.6%, Most in 6 Years

U.S. banks earned more from July through September than in any other quarter over the past six years. The increase is further evidence that the industry is strengthening four years after the 2008 financial crisis.

Impact Investing: Making Your Money Count

For some time, investors who wanted to put their money where their morals were have chosen socially responsible investing -- steering their cash away from firms whose practices they disapproved of. Now comes impact investing, which uses invested funds to solve social or environmental goals and earn competitive returns, too.

The Scariest Part of Soaring Oil Prices: Investors' Fears

Recent market sell-offs may have been more about paranoia than about real risk. JPMorgan calculations indicate that the potential impact of rising oil prices on the economy may be less than most investors think. But the fear factor itself also can't be overlooked.

JPMorgan Faces Lawsuit Over Madoff Fraud

A court-appointed trustee is suing JPMorgan Chase for its alleged involvement in Bernard Madoff's multibillion-dollar Ponzi scheme. The investment bank was Madoff's primary bank for 20 years. JPMorgan said it didn't know about -- much less assist -- Madoff's fraud.

Is Robo-Signing Just the Tip of the Iceberg?

In a Senate panel hearing Monday, the Iowa attorney general said the problems in the home-loan industry extend well beyond just "robo-signing." A system-wide overhaul is needed, he said. But banks say any mistakes were merely procedural. Were homeowners wrongly forced out of their homes?

Will Banks Start Raising Dividends Soon?

The Federal Reserve may soon start letting some banks boost their dividends again, according to The Wall Street Journal. If that happens, it would signal that regulators have become comfortable enough with the new financial rules to let institutions hike shareholder payouts.

JPMorgan Vice Chairman Steve Black to Leave the Company

Steve Black, vice chairman at JPMorgan Chase, plans to step down early next year after a decade with the firm. He headed the company's investment bank for five years and was instrumental in its Bear Stearns acquisition. What's next? He's considering several options.

CNBC Anchor's Book Is a Fly on the Wall for Lehman's Fall

This week marks the second anniversary of an event that shook the financial industry to its core. In her newly released book, The Weekend that Changed Wall Street, CNBC anchor Maria Bartiromo gives an insider's look at the fateful days surrounding the fall of Lehman Brothers.

Bankruptcy Plan for Tribune Collapses

So much for the hope of a relatively quick and painless exit from bankruptcy for Tribune Co. A reorganization plan that would have turned over control of the Chicago-based media conglomerate to lenders has reportedly fallen apart.

Populist Protester Lights the Fuse of Homeowner Rage

The Neighborhood Assistance Corporation of America took its case to the Capitol last week, where members disrupted a congressional committee hearing, surprised a bank CEO, and dramatized the problems faced by "underwater" homeowners.