J.P. Morgan | featured news

J.P. Morgan, Capital One and Barclays plan to let customers use a mobile-payments service being developed by wireless carriers as part of a trial set to begin this summer.

Sometimes, the big banks can hear their customers. J.P. Morgan Chase & Co. has decided that it won't charge customers who use their debit cards to make purchases.

JPMorgan Chase & Co and Bank of America Corp were hit with new lawsuits by investors seeking to recover losses on $4.5 billion of soured mortgage debt, expanding the litigation targeting the two largest U.S. banks.

LivingSocial has picked Bank of America Merrill Lynch, JPMorgan and Deutsche Bank to lead-underwrite an IPO that could value the daily deals site at $10 billion to $15 billion, two sources with knowledge of the matter said.

Bank of America Corp and JPMorgan Chase & Co have started modifying tens of thousands of mortgages where the banks deem the loans especially risky, even if the borrowers have not asked, the New York Times reported on Sunday.

Investors who were misled into purchasing complex mortgage securities just before the housing market collapsed will receive all their money back.

JPMorgan Chase & Co has pushed out its head of home lending, David Lowman, who was sidelined in February after the bank racked up billions of dollars in losses on soured mortgages and became mired in litigation over a wave of foreclosures.

JPMorgan Chase & Co. reported a 67 percent jump in first-quarter earnings Wednesday on solid growth in investment banking fees and a drop in losses from credit cards. The bank's mortgage business continued to be weak....

JP Morgan Chase & Co. has overcharged thousands of military families for their mortgages, including families of troops fighting in Afghanistan, NBC News has learned.

President Barack Obama on Thursday picked JP Morgan Chase executive William Daley as his new White House chief of staff as part of a major retooling of his team, a senior White House official said.