Flagstar Bank Announces Workforce Reduction Of 700 Employees
More layoffs are expected following Mr. Cooper mortgage servicing sale expected to close during the fourth quarter
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Tagged: JPMorgan Chase
Bank Mergers Face Additional Scrutiny By FDIC
FDIC considers small businesses and residential loan originations when evaluating a merger’s competitive effects.
Sep 19, 2024
Bank Report Shows Factors Driving Up Closing Costs
JP Morgan Chase Institute releases a report showing hidden costs of home ownership.
Jun 06, 2024
Flagstar Bank Selling $5 Billion In Warehouse Loans To JPMorgan Chase
The New York Community Bancorp plans to reinvest proceeds from sale into securities holdings
May 15, 2024
JPMorgan Chase, Wells Fargo Kick Off Q2 Earnings Season
Results from 2 of the nation's largest banks beat analysts' expectations.
Jul 14, 2023
JPMorgan Chase To Cut 1,000 Jobs At First Republic Bank
Acquired the bank earlier this month after it was seized by federal regulators.
May 26, 2023
First Republic Bank Seized, Sold To JPMorgan
FDIC estimated that the second-largest bank failure in U.S. history will cost Deposit Insurance Fund $13 billion.
May 01, 2023
Big Banks Kick Off Q1 Earnings Season With Strong Results
JPMorgan Chase, Wells Fargo results both beat analyst expectations.
Apr 14, 2023
Big Banks Beat Expectations As Earnings Report Season Opens
JPMorgan Chase, Bank of America each post strong 4Q 2022 results.
Jan 13, 2023
JPMorgan Chase 3Q Profits Down 17% YOY
While net income also fell from previous quarter, results still beat analysts expectations.
Oct 14, 2022