J.P. Morgan Chase

Wells Fargo and Chase Quietly Prepare to Take Over BOA and Citi as They Collapse

Major banks [WELLS AND CITI] have reportedly made proposals to the Fed on how to pay for the restructuring of large financial institutions that collapse, with the idea being to avoid the chaos that followed Lehman’s bankruptcy. Among the suggestions, the largest financial-services holding companies would maintain combined debt and equity equal to 14% of …

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Szymoniak: Honesty Pays $46.5 Million in Whistleblower Suit

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Fed penalizes 10 banks on mortgage practices

Fed penalizes 10 banks on mortgage practices Related stories Major banks sanctioned over mortgage practices (April 13) Buy B. of A.? Timing isn’t everything (11:31a) J.P. Morgan offers clues to other bank results (April 14) Stocks to watch Friday: Bank of America, Google (6:25a) By Steve Goldstein WASHINGTON (MarketWatch) — The Federal Reserve said it’s …

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