JP Morgan
JP Morgan acquires Washington Mutual
JP Morgan has stepped in to acquire Washington Mutual for $1.9 billion, after the Seattle-based bank was closed by US regulators on Thursday evening.
JP Morgan launches mobile forex platform
A new proprietary e-trading platform that allows clients to access real-time executable streaming foreign exchange rates (forex) from their desktops and Blackberry devices was launched on Wednesday by JP Morgan.
Lehman Brothers files for bankruptcy protection
Lehman Brothers has filed for bankruptcy. In an announcement early this morning, the firm said it intended to file a petition under Chapter 11 with the Southern District Court of New York.
Easy returns in either direction - Product review
JP Morgan has released a one-year straddle product based on four Asian indexes that offers 200% participation on the upside and 100% on the downside, subject to maximum returns of 17.2% and 10%, in addition to principal
JP Morgan’s King of securitisation departs
Bill King, JP Morgan’s global co-head of securitised products, is leaving the bank.
Ex-Bear staff leave JP Morgan only two months into their jobs
Jeff Mayer and Craig Overlander are departing JP Morgan after being appointed to senior positions at the bank in early April.
JP Morgan launches placement programme for Bear Stearns staff
JP Morgan has launched a programme to place thousands of the Bear Stearns employees that are to be made redundant after its takeover of the rival bank.
JP Morgan announces new heads post-merger
JP Morgan has appointed five Bear Stearns executives to top positions, in its first senior management restructuring since it rescued the rival bank.
Retail investors hold key to Canadian ABCP restructuring
A vote on the Montreal Accord, the proposal to restructure C$33 billion (US$32.7 billion) of distressed non-bank Canadian asset-backed commercial paper (ABCP), is due on April 25. But with all votes counted as equal, satisfying the demands of…
SEC chairman backs update to liquidity guidelines
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JP Morgan's Asia head of energy trading moves to London
Alf Salti will leave his position as Asia head of energy trading at JP Morgan in Singapore in April to move to London as global head of fuel oil trading.
JP Morgan and Munich Re enter mortality bond market
JP Morgan has placed $100 million of extreme mortality bonds for reinsurer Munich Re, in the first foray into the mortality bond market for both firms.
JP Morgan wins Derivatives House of the Year award
JP Morgan has won Risk magazine’s Derivatives House of the Year award. The US bank was widely praised by end-users for continuing to provide liquidity during the turmoil of the third and fourth quarters last year, showing strength across all asset…
Q4 writedown estimates raised for Citi, Merrill and JP Morgan
Citi, Merrill Lynch and JP Morgan could see writedowns totalling $33.6 billion relating to collateralised debt obligations (CDOs) over the fourth quarter, according to a report by Goldman Sachs on American firms, published on December 26.
Q&A - Jamie Dimon, JP Morgan
Risk Awards 2008
Derivatives House of the Year - JP Morgan
Risk Awards 2008
BClear extends into Russian and eastern European stocks
London-based derivatives exchange Liffe added various Russian and eastern European equities to its BClear platform on December 5. The platform provides exchange-like clearing to wholesale over-the-counter equity derivatives trades.
Zubrow named as JP Morgan risk chief
JP Morgan Chase has appointed Barry Zubrow as chief risk officer, replacing Don Wilson, who retired earlier this year.