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Former Bear Sterns Chair Alan 'Ace' Greenberg dies

NEW YORK, July 25 (UPI) --Former Bear Stearns executive Alan Greenberg, credited with creating the global financial investment bank and leading it through the recession, died Friday.
Ananth Baliga
Citigroup to pay $7 billion for selling bad mortgages

Citigroup to pay $7 billion for selling bad mortgages

WASHINGTON, July 14 (UPI) --Citigroup has reached a $7 billion settlement with the Justice Department for packaging and selling bad mortgages in the run-up to the financial crisis of 2008.
Ananth Baliga
Citigroup close to negotiating deal for selling bad mortgage

Citigroup close to negotiating deal for selling bad mortgage

NEW YORK, July 9 (UPI) --Citigroup is expected to pay a $7 billion penalty for packaging bad mortgages in the run-up to the financial crisis, according to people close to the matter.
Ananth Baliga
Bank of America CEO wants to meet Attorney General to negotiate deal

Bank of America CEO wants to meet Attorney General to negotiate deal

WASHINGTON, June 20 (UPI) --Bank of America said it was attempting to set up a meeting between CEO Brian Moynihan and Attorney General Eric Holder to negotiate a settlement.
Ananth Baliga
Legality of DOJ's $13B settlement with JP Morgan challenged in court

Legality of DOJ's $13B settlement with JP Morgan challenged in court

WASHINGTON, Feb. 10 (UPI) -- Non-profit Better Markets questions legality of the Justice Department's $13 billion settlement with J.P. Morgan Chase & Co.
Ananth Baliga

JPMorgan Chase & Co. target of federal energy probe

WASHINGTON, Aug. 20 (UPI) -- JPMorgan Chase & Co. is suspected by the Justice Department of manipulating energy markets in the United States, The Wall Street Journal reports.

The almanac

UPI Almanac for Sunday, July 28, 2013.
By United Press International
Fiscal cliff deal may slow economy

Fiscal cliff deal may slow economy

WASHINGTON, Jan. 1 (UPI) -- Ending the payroll tax break, effectively cutting take-home pay for all wage earners, is likely to slow the U.S. economy in 2013, economists say.

Daley moves up at JP Morgan Chase

CHICAGO, June 29 (UPI) -- William Daley, brother of Chicago Mayor Richard Daley, has been named by J. P. Morgan Chase to head its new office of corporate social responsibility.

J.P. Morgan Chase to settle suit for $450M

NEW YORK, April 21 (UPI) -- New York's J.P. Morgan Chase & Co. agreed to pay $425 million to settle civil charges of improperly awarding hot new stock issues.

Chase buying Kohl's credit card business

MENOMONEE FALLS, Minn., March 6 (UPI) -- Minnesota-based Kohl's Corp. said Monday it is selling its credit card business to the banking subsidiary of J.P. Morgan Chase & Co.

J.P. Morgan to spin private equity unit

NEW YORK, March 1 (UPI) -- New York's J.P. Morgan Chase & Co. will spin off its large private-investment arm into an independent entity next year.

J.P. Morgan completes Bank One acquisition

NEW YORK, July 1 (UPI) -- J.P. Morgan Chase said Thursday it completed its acquisition of Chicago's Bank One for $58 billion.

Bank One settles mutual fund charges

NEW YORK, June 30 (UPI) -- Bank One settled charges with New York's attorney general just hours before merging with J.P. Morgan Chase, the Financial Times reported Wednesday.

JP Morgan probed in money laundering case

NEW YORK, March 9 (UPI) -- New York state banking officials are seeing if J.P. Morgan Chase broke know-your-customer rules with a client who was an unlicensed money transfer operator.
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