JPMorgan Chase

The exterior view of JPMorgan Chase offices in San Francisco. (AP Photo/Paul Sakuma, File)

JPMorgan to cut 8,000 jobs this year

JPMorgan Chase plans to eliminate 8,000 jobs this year as its mortgage business shrinks and the giant bank aims to control costs at its branches. About half of those job cuts had already been announced. […]

02/25/2014

Job seekers checking out companies at a job fair. (AP Photo/Alan Diaz, File)

1.3 million losing unemployment benefits Saturday

WASHINGTON (AP) — More than 1 million Americans are bracing for a harrowing, post-Christmas jolt as extended federal unemployment benefits come to a sudden halt this weekend, with potentially significant implications for the recovering U.S. […]

12/27/2013

A board on the floor of the New York Stock Exchange shows the record closing number for the Dow Jones industrial average. Tuesday, Oct. 29, 2013.  (AP Photo/Richard Drew)

Dow hits another high on hiring surge last month

NEW YORK (AP) — An unexpectedly strong jobs report gave stocks a lift on Friday, pushing the Dow Jones industrial average back to an all-time high. The gains were led by banks, such as Bank […]

11/08/2013

The exterior view of JPMorgan Chase offices in San Francisco. (AP Photo/Paul Sakuma, File)

JPMorgan pays $100M, admits fault in London trades

WASHINGTON (AP) — JPMorgan Chase & Co. has agreed to pay a $100 million penalty and admitted that its traders acted “recklessly” during a series of London trades that ultimately cost the bank $6 billion. […]

10/16/2013

California State Attorney General Kamala Harris

Calif. sues JPMorgan Chase over debt collection

SACRAMENTO, Calif. (AP) — California’s attorney general sued one of the nation’s largest banks Thursday, alleging that JPMorgan Chase & Co. used illegal tactics in its efforts to collect debts from more than 100,000 credit […]

05/09/2013

(AP Photo)

US consumers keep spending despite higher taxes

WASHINGTON (AP) — This year got off to a sour start for U.S. workers: Their pay, already gasping to keep pace with inflation, was suddenly shrunk by a Social Security tax increase. Which raised a worrisome question: Would consumers stop spending?

04/29/2013

(AP Photo)

Chastened banks cuts tens of thousands of jobs

NEW YORK (AP) — Banks aren’t the big jobs machines they used to be. One after another, major financial firms are trimming their payrolls. At a time when many banks are reporting higher or even record earnings, the cuts are unsettling to an entire industry.

04/25/2013

(AP Photo)

US banks to send checks to 4.2M who lost homes

WASHINGTON (AP) — The nation’s largest banks will begin sending payments this week to millions of Americans who may have been wrongfully foreclosed on during the housing crisis.

04/09/2013

BofA Short Sale department phone number

For listeners who want more information about Bank of America’s “Short Sale” department as mentioned on today’s Money 101 broadcast, the number is (866) 880-1232.  

03/13/2013

Brett King

Brett King on Business Rockstars

Today on Business Rockstars, Ken Rutkowski talks with a bestselling author and American Banker’s Innovator of the Year for 2012, Brett King. The founder of the direct mobile bank Moven, he is an International Judge for the GSMA Global Mobile Awards, the Asian Banker Retail Excellence Awards and the Middle-East Business Achievement Awards.

03/08/2013

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