CEO Jamie Dimon

The FTSE 100 in London has lost ground today after the announcement that JP Morgan Chase is to axe over 9,000 jobs at the former Washington Mutual (WaMu). WaMu was closed at the end of September making it the largest failure of a US bank. Its assets were sold to banking giant, JPMorgan Chase, for...  

JPMorgan Chase plans to get rid of WaMu's Occasio nontraditional bank design when it converts those branches to its own name.  

Public entities across Washington will have to pull a total of $170 million out of JPMorgan Chase because the new owner of Washington Mutual has decided not to become a qualified holder of public funds. (JPM)  

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The state Public Deposit Protection Commission on Wednesday voted to rescind JPMorgan Chase Bank's status as a qualified public depositary, effectively barring the bank from holding deposits from state and local government agencies.  

JPMorgan Chase & Co said on Monday it will eliminate about 9,200 jobs at the former Washington Mutual Inc, which on September 25 became the largest U.S. bank to fail.  

By LINGLING WEI JP Morgan Chase & Co. seized tens of millions of dollars of collateral from a commercial-property debt fund run by Guggenheim Partners LLC ...  

Fitch Ratings places the following classes of JP Morgan Chase Commercial Mortgage Securities Corp, pass-through certificates, series 2006-CIBC15 on Rating Watch Negative: --$29.1 million class F at 'BBB+'; ...  

FLORENCE — More than 500 workers at Washington Mutual's mortgage processing office in Florence will lose their jobs as the company is taken over by JPMorgan Chase & Co.  

This effectively prohibits the Bank from holding Public Deposits in Washington State. The issue came to the agenda when JPMorgan Chase Bank failed to submit ...  

Filed under: Market matters, Citigroup Inc. (C), JPMorgan Chase (JPM), Bank of America (BAC), Wells Fargo (WFC), Cramer on BloggingStocks, Financial Crisis From TheStreet.com Network For Banks, More Trouble Just Around the Bend Problem Bank List Balloons, FDIC Says TheStreet...  

JPMorgan Chase announced today that it plans to lend an additional $5 billion to non-profit and health care companies, higher-education institutions and government units over the next year.  

Filed under: Management, Employees, JPMorgan Chase (JPM)All is not well in Seattle for executives at Washington Mutual. The Seattle Times has reported that some 3,400 WaMu employees, mostly from the company's headquarters, are to be let go by JPMorgan Chase & Co. (NYSE: JPM). The good news for...  

The move comes three days after the second largest US-based auto maker said it would consider selling the money-losing Swedish car company. ...  

More than 500 workers at Washington Mutual's mortgage processing office in Florence will lose their jobs as the company is taken over by JPMorgan Chase & Co.