Latest Jpmorganchase Headlines

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Insurers Claim J.P. Morgan Painted Better Picture of Enron Then Was the Case

Jun 25 2002 // According to a Wall Street Journal report, 11 insurance companies claim in new legal documents that J.P. Morgan Chase & Co. allegedly worked to make Enron Corp. appear healthier than it actually was. Based on legal...

Fondiaria Seeks to Block Votes by JP Morgan and Other Shareholders

Mar 18 2002 // La Fondiaria, Italy’s 4th largest insurance company, has filed suit against rival insurer SAI, JP Morgan Chase, Commerzbank and several other shareholders in an attempt to keep them from voting their shares at the...

J.P. Morgan Denied Quick $965M Payout

Mar 7 2002 // J.P. Morgan Chase was denied a quick payout of $965 million from insurers resulting from the failed delivery of natural gas and oil by energy giant Enron according to a federal court on March 5, as reported by...

Fondiaria Shareholder Asserts JP Morgan Must Make Full Takeover Bid

Feb 6 2002 // Liverpool Limited Partnership, a Bermuda-based mutual fund, which owns about one percent of the shares of Italy’s Fondiaria, has asserted that JP Morgan Chase, which just agreed to acquire a 22 percent stake in the...

JP Morgan Chase To Buy 22% Stake in Italy’s Fondiaria

Feb 4 2002 // U.S. investment bank JP Morgan Chase will enter the convoluted world of Italian finance with its agreement to acquire a 22 percent interest in Italian insurer Fondiaria along with two other investors for € 812 million...

Insurers gain time in JP Morgan suit on surety bonds

Jan 16 2002 // According to Reuters, a number of U.S. insurers have gone forward in their legal duel with J.P. Morgan Chase & Co. Inc., claiming they do not have to pay up on $1.1 billion of surety bonds related to the fall of...

J.P. Morgan Chase Objects to Insurers Seeing Enron Details

Jan 3 2002 // J.P. Morgan Chase has filed an objection to a request by insurers who have reportedly refused to honor $1.1 billion in surety bonds and are requesting access to Enron Corp. financial records to see if energy contracts...

Coverage Initiated on Willis by J.P. Morgan

Jul 10 2001 // According to Reuters Securities, J.P. Morgan Chase announced on July 9 that it had started coverage of insurance broker Willis Group Holdings Ltd., the world’s No. 3 insurance broker, with a long-term buy rating. It...

Chase to Buy J.P. Morgan for $33 Billion

Sep 13 2000 // Chase Manhattan Corp. plans to buy commercial and investment bank J.P. Morgan & Co. Inc. for $33.2 billion in stock. The merged bank will be called J.P. Morgan Chase & Co., and will combine two of the...