Search Results for: JP Morgan Chase
JPMorgan’s profit misses; posts unexpected $1 billion legal expense
October 15th, 2014
JPMorgan Chase & Co (JPM.N) reported lower-than-estimated third-quarter profit on Tuesday as unexpected legal expenses of $1 billion caught analysts off guard and offset strength in its capital markets and lending businesses. The bulk of the costs came from ...
Obama Had Security Fears on JPMorgan Data Breach
October 9th, 2014
President Obama and his top national security advisers began receiving periodic briefings on the huge cyberattack at JPMorgan Chase and other financial institutions this summer, part of a new effort to keep security officials as updated on major cyberattacks ...
JPMorgan faces cyber attack with more than 76 Million accounts compromised
October 3rd, 2014
The disclosure by the bank dwarfs earlier estimates that hackers had gained access to roughly one million customer accounts. A cyberattack this summer on JPMorgan Chase compromised the accounts of 76 million households and seven million small businesses, a ...
JPMorgan-to-Apple Data Scares Spur Israeli Stock’s Surge
September 8th, 2014
With each successive data breach scare that’s hit corporate America in recent weeks, from JPMorgan Chase & Co. to Apple Inc. and then Home Depot Inc., the shares of an Israeli cyber-security giant have bounced higher. While smaller rivals ...
Stolen JPMorgan data rerouted to Russia
September 4th, 2014
Investigators working on the cyber attack at JPMorgan Chase & Co have found clues that a global network of computers available for hire was used to send the stolen data to a Russian city, Bloomberg reported, citing people familiar ...
Is Russia connected to JPMorgan hacking?
August 29th, 2014
Security experts say the sophistication of the attacks suggest they were state sponsored. Federal investigators are trying to determine if state-sponsored Russian hackers were behind the coordinated cyber attacks that looted data from JPMorgan Chase and other banks this ...
JPMorgan and Other U.S. Banks Struck by Cyberattack
August 28th, 2014
JPMorgan Chase and a number of other United States banks, including at least four others, were struck by hackers in a series of coordinated attacks this month, according to four people briefed on a continuing investigation into the crimes. The hackers ...
JPMorgan’s Top Retail Banking Lawyer Biben Said to Depart
August 5th, 2014
Matthew Biben, general counsel for JPMorgan Chase & Co. (JPM:US)’s retail-banking operations, has left after three years at the firm, a person with knowledge of the move said. Jill Centella, global litigation head for the New York-based lender, was ...
JP Morgan questioned on private bank wrongdoing
July 28th, 2014
JPMorgan Chase & Co (JPM.N) executives came across regulators’ questions on whether private bank advisors guide clients to buy the firm’s own financial products, according to a report in the Wall Street Journal. Following the questioning regarding potential conflicts ...
JPMorgan begins to provide consumer help under $13 billion settlement
July 22nd, 2014
JPMorgan Chase & Co has begun to provide the debt forgiveness and other help to struggling homeowners under last year’s $13 billion accord with federal and state authorities, though it has only turned over a handful of details, a ...
