An SEC investigation found that although J.P. Morgan Securities (JPMS) did not pay commissions to registered representatives in its U.S. Private Bank, compensation was not based on client performance. Advisors were instead paid a salary and a discretionary bonus based on a number of ...Read More

JPMorgan Chase & Co. warned financial-services firms from banks to insurers could pull jobs out of the U.K. in the event of Britain voting to leave the European Union. Financial services would feel the “negative impact of Brexit” most, which could “result in jobs moving ...Read More

J.P. Morgan Chase & Co. has replaced its market maker on the floor of the New York Stock Exchange with Virtu Financial Inc., according to a trader notice sent out from the exchange on Tuesday afternoon. The bank fired KCG Holdings Inc. from the ...Read More

There were two clear winners on Wall Street in last year’s deal-making bonanza. JPMorgan ranked as the top investment bank globally by fees for 2015, according to data provider Dealogic, with Goldman Sachs a close second. JPMorgan made $6 billion in fees for work on equity and debt ...Read More

The 15 JPMorgan Chase bank accounts had a few things in common: They had high balances, there was little activity on them and they belonged to elderly clients — indeed, at least eight were dead. And all 15 of the accounts got regular cash ...Read More

JP Morgan Chase will pay $307 million settle two U.S. government cases that charged the bank with failing to disclose certain conflicts of interest to some of its wealth management clients, U.S. regulators said Friday. The Securities and Exchange Commission said that two of ...Read More

An SFC investigation revealed that JP Morgan had failed to implement adequate systems and controls in its institutional equities business in Hong Kong to ensure compliance with the rules and regulations applicable to the following areas: short selling activities; client facilitation and principal trading ...Read More