Big banks discovered they wrongfully foreclosed on more than 700 military members during the housing crisis and seized homes from about two dozen other borrowers who were current on their mortgage payments, Jessica Silver-Greenberg and Ben Protess report in The New York Times. The banks  Bank of America, Citigroup, […]
Tag: JPMorgan Chase
Investment Banking Winners & Losers in Early 2013
Maxwell is a member of The Motley Fool Blog Network — entries represent the personal opinion of the blogger and are not formally edited There is no industry more wild, crazy, or fun to look at then those specializing in investment banking. This ultimate cyclical industry has become a tad […]
JPMorgan says London Whale didn’t cause Lehman bankruptcy
The former JPMorgan Chase & Co (NYSE: JPM – news) trader known as the “London Whale” was not responsible for Lehman Brothers Holdings Inc‘s bankruptcy and should not be dragged into an $8.6 billion lawsuit accusing the largest U.S. bank of causing it, JPMorgan (LSE: JPIU.L – news) said. In […]
