Nov 19, 2013 — The Justice Department announces that JPMorgan Chase will pay $13 billion to settle U.S. claims over the sale of troubled mortgages. The deal includes a $4 billion payment for consumer relief. More than half of the record settlement amount will be tax-deductible, the banking giant says.
Jan 16, 2013 — JPMorgan Chase says its profits were up 53 percent in 2012's fourth quarter — but CEO Jamie Dimon's salary will be cut in half, after the bank lost billions of dollars on risky bets placed by a single trader. Dimon's salary now stands at $11.5 million.
Oct 28, 2011 — JPMorgan Chase tested charging in two states for eight months, but heard loud complaints from customers. Bank of America, which introduced a $5 monthly charge, has been assailed by many including President Obama.
Mar 17, 2008 — Bye, bye, Bear Stearns. Hello, bear market.