Banks charged with cartel conduct can access JP Morgan’s legal docs 17 May 2021 4:25AM Latest news Ian Rogers ANZ and other defendants charged with cartel conduct alleged to have arisen out of an institutional share placement undertaken by the bank in 2015 will be allowed limited access to legal documents cre.. read more
The 'Bandit's Club' ends up in court 28 May 2019 3:36PM Finance regulation John Kavanagh Law firm Maurice Blackburn has launched a class action against five international banks, claiming they colluded to rig foreign exchange. The firm filed the class action in the Federal Court yesterday,.. read more
Foreign news: JP Morgan moves into China 29 June 2018 4:42PM Foreign news Banking Day staff Following China's relaxation of the rules for foreign financial players, JPMorgan Chase & Co said it is growing the headcount of its China-focused business and reorganizing its investment banking.. read more
JP Morgan's Priestley leaves ASX board over cartel 20 June 2018 4:41PM Branches of Foreign Bank Bernard Kellerman The repercussions of the ACCC's allegations against ANZ, Citi and Deutsche Bank and six senior executives continued yesterday with the announcement that JP Morgan's chairman has resigned from the ASX.. read more
Global investment banks shrink their business 23 March 2017 5:12PM Ratings agencies Bernard Kellerman No Australian banks made the top 12 lists in the global and regional league tables for 2016 published by financial services analytics company Coalition. read more
Foreign news: New CEO at online lender Prosper, JP Morgan wants to stay 16 November 2016 4:55PM Foreign news Banking Day staff Six months on from a big staff cull, Prosper Marketplace replaces its CEO. read more
JP Morgan Chase punts 'single digit millionaires' from its private Bank 13 September 2016 4:01PM Foreign news Banking Day staff JP Morgan Chase is increasing the minimum asset level for access to its private banking service in the United States. read more
Foreign news: JP Morgan Chase ripped off prison inmates, OECD says dealing with non-performing loans 04 August 2016 4:03PM Foreign news Banking Day staff JP Morgan Chase has agreed to repay close to US$500,000 to former US prison inmates after it was found that it applied exorbitant charges to prepaid cards issued to prisoners. read more
Foreign news: RBS and Lloyds sales on hold, global banks demand certainty om Brexit plans, BIS appoi 29 June 2016 4:28PM Foreign news Banking Day staff The British government has cancelled its plans to sell its holdings in Royal Bank of Scotland and Lloyds Banking Group this year in the wake of Brexit, Reuters reports. read more
Foreign news: Apple launches online payments, JP Morgan adviser to repay US27 million, boutique bank 15 June 2016 4:29PM Foreign news Banking Day staff A New York federal judge has ordered former JPMorgan Chase & Co adviser Michael Oppenheim to pay US$27 million in restitution to clients of the megabank. read more
NAB dragged into Federal Court over swap rate allegations 08 June 2016 4:24PM Finance regulation Ian Rogers The Australian Securities and Investments Commission has commenced legal proceedings against National Australia Bank in the Federal Court in Melbourne, alleging "unconscionable conduct and market mani.. read more