CEO Jamie Dimon

NEW YORK, Oct. 15 (UPI) -- U.S. financial giants, JP Morgan Chase and Wells Fargo both beat expectations with stronger-than-expected third quarter performances, the companies said.  

In a conference call Wednesday morning, JPMorgan CEO Jamie Dimon told analyst Meredith Whitney, "If you are not fearful, you're crazy." Wall Street investors, then, would appear to be sane.  And terrified. The market rout continued Wednesday: The Dow Jones industrial average closed  down more...  

By Greg Morcroft, MarketWatch NEW YORK (MarketWatch) -- JP Morgan Chase said Wednesday its third-quarter net income fell 84%, amid the worst banking ...  

JPMorgan Chase (NYSE: JPM) has just released earnings and Jamie Dimon is showing he is a better manager even than the most positive reviews have given him over... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]  

JP Morgan Chase has reported financial results for the third quarter. In its Card Services business segment, the bank reported a 63% decline in net income on a year over year basis as its provision for credit losses was up substantially. Charge volume on its cards was up 5% year over year but...  

Filed under: After the bell, Earnings reports, Dell (DELL), Coca-Cola (KO), JPMorgan Chase (JPM), Wells Fargo (WFC)Between today and yesterday, it is almost as if Monday's massive rally never happened. US markets moved down an average of well over 8%. The details: DJIA: 8,570.19 off 7.96% Nasdaq...  

Two of the biggest banks in California - Wells Fargo & Co. and JP Morgan Chase & Co. - reported lower profits Wednesday that nonetheless beat anlaysts' expectations. (WFC) (JPM)  

(MENAFN - Khaleej Times) The Dubai Mercantile Exchange Limited (DME) on Wednesday announced that J.P. Morgan has taken an equity stake in the Exchange joining a number of other leading global financial institutions and energy trading firms, including ...  

JP Morgan Chase reported an 84 per cent plunge in third-quarter net income on write-downs tied to illiquid assets, its acquisition of Washington Mutual and rising loan-loss provisions.  

JPMorgan Chase on Wednesday took a $640 million after-tax loss in the third quarter as a result of its purchase of Washington Mutual, which it owned for only three business days before the end of the reporting period on Sept. 30. (JPM)  

DUBAI - The Dubai Mercantile Exchange Limited (DME) on Wednesday announced that J.P. Morgan has taken an equity stake in the Exchange joining a number of other leading global financial institutions and energy trading firms, including Goldman Sachs ...  

Filed under: Press releases, JPMorgan Chase (JPM), S and P 500, Financial CrisisIt's kind of amazing that any bank is earning a profit these days. But JPMorgan Chase (NYSE: JPM) pulled it off -- making a profit of $527 million -- 84% less than last year at this time. Bad loans are the culprit...  

The Associated PressJPMorgan Quarterly Profit Drops After WaMu Takeover (Update1) Bloomberg - 1 hour ago By Elizabeth Hester Oct. 15 (Bloomberg) -- JPMorgan Chase & Co., the largest US bank by market value, eked out a third-quarter profit as the takeover of Washington Mutual Inc. cushioned...  

JPMorgan Chase takes a major charge to earnings to account for its acquisition of WaMu's banking operations, while federal authorities say they're investigating WaMu's demise.  

JPMorgan Chase took a $640 million after-tax loss in the third quarter as a result of its purchase of Seattle-based Washington Mutual, a company it owned for only three business days before the end of the reporting period on Sept. 30. (JPM)