jpmorgan

Midday Market Minute: Will the Bank Stock Rally Last?

Investors will hear from leaders in the banking industry this week, when Bank of America, Citigroup, JPMorgan, Goldman Sachs and Morgan Stanley report quarterly results. Bank stocks outperformed the broader market last year, but that trend may not last in 2013.

At Last, Citigroup Starts to Pull Through

It took a while -- three years, really -- but Citigroup, by far the weakest of the big banks coming out of the recession, is starting to pull through. After this morning's second-quarter earnings report of $3.3 billion, or $1.09 per share, investors have several things to rejoice over.

Inside JPMorgan Chase's Earnings

JPMorgan Chase reported a second-quarter profit of $5.4 billion, or $1.27 per share this morning, up from $4.8 billion, or $1.09 per share a year ago. Digging into the earnings supplemental, we can see how -- as in previous quarters -- JPMorgan's investment bank carried the company's overall results.

The Financial Landscape: Geithner Gossip Groundless

Citing unnamed sources, news outlets reported Thursday evening that Treasury Secretary Timothy Geithner might leave the Obama administration soon. In response to the rumors, Geithner insisted, "I live for this work.... I'm going to be doing it for the foreseeable future."

The Scariest Part of Soaring Oil Prices: Investors' Fears

Friday's market sell-off may have been more about paranoia than about real risk. Some 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.

Week in Preview: First Earnings Reports and Economic Readings

Alcoa, Intel and JPMorgan Chase will kick off a new earnings season this week when they report their results for the fourth quarter of 2010. Here's a quick look at what analysts surveyed by Thomson Reuters expect to see, followed by a glance at what's coming up on the economic calendar.

Will Banks Start Raising Dividends Soon?

The Federal Reserve may soon start letting some banks boost their dividends again, according to a story in The Wall Street Journal that cites anonymous sources.

JP Morgan to Shutter Proprietary Trading Unit

JP Morgan Chase & Co. will shut down its proprietary commodities trading division in an effort to comply with recent federal regulations related to investment banking, Bloomberg News reported, citing a person familiar with the process that it didn't identify.

JPMorgan Earnings:
A Doubling of Profits?

JPMorgan Chase earnings come out early Thursday, and the nation's second-biggest bank should show strong results from investment banking and lower loan losses. The consensus is for 70 cents per share in earnings, up from 28 cents in the prior-year period.

Preview: A New Earnings Season Kicks Off

Second-quarter earnings reports start coming in this week when Alcoa releases its latest results on Monday. This week's other anticipated quarterly reports include those from industry bellwethers Intel, Google and JPMorgan Chase.

'Ace' Greenberg on Bailouts, Banks and Books

The former chief executive of Bear Stearns recently had a chance to share his thoughts on the federal government's bailout of Wall Street, banking reform and the controversial books about the downfall of his old firm.

How Many Workers Can You Hire for the Price of One CEO?

CEOs at some large public companies earn more per day than their employees earn over the course of an entire year. We took a look at some of the country's most well-known companies and calculated just how many workers the CEO's annual paycheck could afford to hire.

Wall Street Bonuses Jump 19% in 2009

While Main Street struggles, Wall Street uncorks the chompers. Its employees saw their bonuses increase by 17% in 2009, according to new estimates. But there's a hitch: Bonuses for top executives will come in stock options and other forms of deferred compensation -- not cash.