April 15, 1995 |
The International Brotherhood of Teamsters wants a federal investigation into whether Charlotte, N.C.-based NationsBank Corp. violated disclosure laws when a top executive said it was interested in combining with Chase Manhattan Corp. NationsBank Vice Chairman James Hance was quoted Friday in an article in the Wall Street Journal saying, "If (Chase) had an interest in talking to us, we'd certainly be interested in talking to them."
September 21, 2000 |
Chase Manhattan Corp. will pay at least $22.2 million to settle consumer lawsuits alleging that credit card customers were charged extra interest and late fees even when monthly payments arrived on time. Chase Manhattan Bank, the country's No. 2 bank, will reimburse credit card holders for some charges and give them a grace period before charging late fees on payments as part of the settlement reached last month, said Britton D. Monts, a Dallas lawyer representing consumers.
June 20, 1989
J. P. Morgan to Underwrite Corporate Debt: J. P. Morgan & Co., the powerful New York commercial bank, received Federal Reserve Board approval to underwrite corporate bonds, marking a significant expansion of commercial banks into investment banking activities. The Fed's decision, to allow subsidiary J. P. Morgan Securities to underwrite and deal in corporate debt securities, is expected to be the first of several such approvals. Other applications are pending at the Fed from Chase Manhattan Corp.
November 20, 2013 |
NEW YORK - Benjamin Wagner, the top federal prosecutor in Sacramento, has been nothing less than a thorn in the side of JPMorgan Chase & Co. His office's investigations into the bank's toxic mortgage investments played a key role in the U.S. Justice Department's landmark $13-billion civil settlement with the nation's biggest bank. His prosecutors are continuing a parallel criminal probe which could prove even more worrisome for the New York financial giant. But for Wagner, JPMorgan is not just some far-away, faceless Wall Street behemoth.