CEO Jamie Dimon

Another fee is coming in the new year for airline and hotel customers — this time from your credit card company. The message: Pay your bill on time or forfeit the miles or points you thought you earned for making purchases on your card during that month. To get the rewards back, it's going to cost you. American Express Co. is sending notices to customers who hold its cobranded cards with Delta Air Lines, JetBlue, Hilton Hotels and Starwood Hotels, that beginning in January rewards won't be transferred to loyalty accounts with those partners if you are late paying your bill. You'll be hit ... Read Full Story

US investment bank JP Morgan Chase will later on Thursday unveil a one-billion-pound deal to buy 190-year-old London stockbroker Cazenove, a newspaper said. The bank is to pay about 535 pence a share for the 50-percent stake of Cazenove which it does not already own, the Financial Times said. Under the deal, Cazenove chairman David Mayhew would stay on and was likely to receive a windfall of more than 19 million pounds, the newspaper said, citing sources. Media reported earlier this week that JP Morgan was looking to take full control of Cazenove, which is broker to Queen Elizabeth II. Five years ago, Cazenove ... Read Full Story

US investment bank JP Morgan Chase will later Thursday unveil a one-billion-pound (1.67-billion-dollar, 1.12-billion-euro) deal to buy 190-year-old London stockbroker Cazenove, a newspaper said. The bank is to pay about 535 pence a share for the 50-percent stake of Cazenove which it does not already own, the Financial Times said. Under the deal, Cazenove chairman David Mayhew would stay on and was likely to receive a windfall of more than 19 million pounds (21.2 million euros, 31.7 million dollars), the newspaper said, citing sources. British media reported earlier this week that JP Morgan was looking to take full control of Cazenove, which is broker ... Read Full Story

Geithner’s callout on Capitol Hill last week has spawned a whispering campaign promoting JP Morgan CEO Jamie Dimon as his eventual replacement. I wouldn’t touch the job with a 10-foot pole, if I were Dimon. Just ask Hank Paulson how much fun it was to serve his country… Read Full Story

US investment bank JP Morgan Chase wants full control of 190-year-old London stockbroker Cazenove by buying the 50-percent stake which it does not already own, the Financial Times reported on Monday. The paper, which cited people familiar with the matter, said JP Morgan could pay 940 million pounds for the remaining stake that is mostly held my current or former employees. The Sunday Times had also reported over the weekend that JP Morgan was looking to take full control of Cazenove, which is broker to Queen Elizabeth II. Five years ago, Cazenove and JP Morgan agreed to combine their investment banking operations in Britain ... Read Full Story