Jp Morgan To Cut Up To 19,000 Jobs

US bank JP Morgan Chase reveals plans to cut up to 19,000 jobs by the end of next year in its mortgage and community banking businesses.

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  • Australian dollar bounces back on CPI figures - Canberra Times
    ... the statement of monetary policy,” JP Morgan economist Tom Kennedy said. “We think that the speculation regarding near-term rate cut that...
    07/22/2014 - 2:50 pm | View Link
  • GLOBAL MARKETS-Asia stocks rise as focus shifts from risk aversion, ... - Yahoo! Finance
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  • Asia stocks rise as focus shifts from risk aversion, Aussie spikes - Yahoo! News
    Asia stocks slightly higher as risk aversion wanes over easing ... - Malay Mail
    07/22/2014 - 2:33 pm | View Link
  • Higher inflation dampens rate cut chances - Canberra Times
    Higher inflation dampens rate cut chances - Brisbane Times
    07/22/2014 - 2:10 pm | View Link
  • Markets Live: Bulls on parade - Canberra Times
    Markets Live: Bulls on parade - Brisbane Times
    07/22/2014 - 1:46 pm | View Link
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  • JP Morgan cutting hundreds in tech support
    The Wall Street Journal earlier reported JP Morgan's chief operating officer Matt Zames has been working the past few months to cut expenses, which include relocating employees, such as technology support specialists, to less-expensive office space.
    07/30/2014 - 2:45 am | View Link
  • Will JP Morgan Chase Stop Issuing FHA Loans?
    In a conference call with analysts, Dimon insinuated that JP Morgan Chase could cut down significantly on FHA lending because it does not want to take the risk of a huge loss once again. The bank recently paid a $600 million fine to the FHA for selling ...
    07/22/2014 - 10:10 pm | View Link
  • Squeezing more out of JP Morgan?
    JP Morgan earned $4.35 per share last year and is expected to pull in a $5.35 per share this year. The company has cut back on share buybacks, but still pays a dividend of $0.40 per quarter. This gives the stock a 2.74% dividend yield. As a giant ...
    07/21/2014 - 7:00 am | View Link
  • JP Morgan ramping up efforts to cut wasteful expenses
    In the past few months, the bank's chief operating officer, Matt Zames, has redoubled the firm's focus on cost cutting to include relocating employees to less expensive office space, revising third-party contracts and re-examining relationships with market ...
    07/8/2014 - 8:32 pm | View Link
  • JP Morgan: Non-SOE China Have Cut Iron Ore Production, Lower Vale TP But Still A Buy
    J.P. Morgan cut its iron ore forecast today, down by 11% to $105/t for 2014, $97/t for 2015, and $94/t for 2016. As such, the bank adjusted its price target for Vale (VALE) from $21 to $19.5, but re-iterated a Buy position. Vale closed at $13.29 on Friday.
    06/30/2014 - 2:33 am | View Link
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  • CEO May Be Out As JP Morgan To Cut 10,000 Jobs | Wealthy ...
    JPMorgan Chase & Co. could slash as many as 10,000 more jobs this year over and above previously announced layoffs, following a brutal shrinking of business and ...
    07/27/2014 - 9:05 pm | View Website
  • JPMorgan Chase Helps Cut the Dow's Losses, But Is Goldman ...
    Comparing Wall Street's finest JPMorgan Chase and Goldman Sachs are both highly prestigious institutions, but they have somewhat different business models.
    06/23/2014 - 8:48 pm | View Website
  • JPMorgan bankers could be looking at pay cut
    JPMorgan Chase bankers may be facing a pay cut. Bank chief financial officer Marianne Lake said at an investor conference Wednesday that JPMorgan could cut ...
    06/12/2014 - 3:32 pm | View Website
  • JPMorgan may cut investment banking pay
    The bank's CFO said that JPMorgan could cut compensation for investment banking employees if it continues to post lower revenue.
    06/12/2014 - 10:52 am | View Website
  • JPMorgan just threatened to cut investment banker pay
    Investment bankers may want to hold off on buying that extra pair of Gucci loafers this year. That’s because banker pay (paywall) is at risk of being cut.
    06/12/2014 - 9:27 am | View Website
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