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J.P. Morgan (NYSE:JPM) Appoints Marianne Lake As CFO – JPM, PNC, NBG, MTU, FRC

JPMorgan Chase & Co. (NYSE:JPM) announced on Monday that it has promoted Marianne Lake to CFO, thriving Dough Braunstein who will become a vice chairman. Ms. Lake will also join the bank’s operating committee, is at present financial chief for J.P. Morgan’s consumer and community banking segment. Her hired is effective early on next year. […]

JPMorgan (NYSE:JPM), Credit Suisse (NYSE:CS) Will Pay $417M For Settlement – JPM, PNC, STI, MTU, NBG

Regulators said on Friday JPMorgan Chase & Co. (NYSE:JPM) and Credit Suisse Group AG (NYSE:CS) decided to pay a jointly $416.9M to resolve U.S. civil charges that they misled investors in the sale of risky mortgage bonds previous to the 2008 financial crisis. The U.S. Securities and Exchange Commission reported that JPMorgan will pay $296.9M, […]

Citigroup (NYSE:C) May Face Higher Obstacle as Fed Adds Test – C, BAC, JPM, WFC, KEY

The Federal Reserve distorted its annual set of tests for the 30 biggest U.S. banks to incorporate the risk of a larger plunge in Asia; somewhere Citigroup Inc. (NYSE:C) has a larger presence then rivals. The Fed declared in a statement, slumps in the euro area, the U.K. and Japan are characteristics of the Fed’s […]

Advanced Micro (NYSE:AMD) Cheers on JPMorgan (JPM) Exploring Sale Options – AMD, INTC, TXN, ONNN, JPM,

The second-biggest maker of processors for PC, Advanced Micro Devices, Inc. (NYSE:AMD), surged on Tuesday the most in two months after Reuters declared that firm appointed JPMorgan Chase & Co. (NYSE:JPM) to explore options including a sale. The shares surged 5.03% to $2.09 at the close in New York. Previously, they rose around 18% to […]

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