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Keenan Neale

JPMorgan Chase & Co (NYSE:JPM) - J.P. Morgan adds former GE Capital CEO to its board - 1 views

[at MarketWatch] - J.P. Morgan, whose board is under pressure following the 2012 London Whale trading loss, adds a new board member with financial chops: the former CEO of GE Capital. JPMorgan Chas...

JPMorgan Chase & Co (NYSE:JPM) J.P. Morgan adds former GE Capital CEO to its board Belle Franklin TN Homes International For Sale Online

started by Keenan Neale on 08 Jan 14 no follow-up yet
Mavis Feret

JPMorgan earns $5.3 billion despite legal woes - 1 views

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    Is JPMorgan Chase finally putting its legal problems behind it? The bank earned $5.3 billion, or $1.30 per share, in the final three months of 2013. Revenue fell 1% to $24.1 billion. Excluding certain one-time items, JPMorgan (JPM, Fortune 500) said it earned $1.40 per share in the quarter. That topped analysts' expectations for $1.35 per share. Revenue beat expectations as well. Shares of JPMorgan, the largest bank by assets, were up about 1% in early trading. JPMorgan took a charge of $1.1 billion in the fourth quarter to resolve some of its biggest legal headaches. The charge was partially offset by profits from the sale of a large portion of JPMorgan's investment in Visa (V, Fortune 500), as well as the sale of the company's building at One Chase Manhattan Plaza. CEO Jamie Dimon said in a statement that the bank is pleased "to have put some significant issues behind us this quarter," adding that "it was in the best interests of our company and shareholders for us to accept responsibility, resolve these issues and move forward." The results come less than two weeks after JPMorgan agreed to pay $2.6 billion to settle lawsuits stemming from its relationship with disgraced financier Bernard Madoff.
Annabelle Mouratidis

Chief of Strategy for Content and Media Chase Franklin International - 1 views

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    Chase Franklin is Chief of Strategy for Content and Media at Amdocs, the leader in providing Intentional Customer Management systems for world's largest telecommunications, cable and satellite companies. Prior to Amdocs, Chase was a co-founder and CEO of Qpass, Inc. Under Chase's leadership the company grew from a startup to more than 200 employees with offices in North America and Europe, before committing to a restructuring that reduced headcount to 50 and committed the company to a new strategy and market. The restructuring ultimately paved the way for five years of rapid growth, culminating in a $275 million liquidity event.
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