| Press releases |
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Hurricane Gustav
Sep 4, 2008
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NEW ORLEANS, September 4, 2008 - In the aftermath of Hurricane Gustav, Chase has opened 101 branches and 228 ATMs in Louisiana, including many locations in the hardest hit areas of the state.
Chase has opened 21 branches in Acadiana, 9 in Baton Rouge and 14 in New Orleans, as well as all branches in Shreveport, Monroe and Lake Charles. ...
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Leading Risk Analytics Provider, Measurisk, Joins J.P. Morgan's Alternative Investment Services
Sep 2, 2008
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New York, September 2, 2008 - J.P. Morgan's Investor Services announced today that leading risk analytics provider, Measurisk, LLC, has become an integral part of its alternative investment services.
Measurisk, which was previously affiliated with The Bear Stearns Companies, Inc., as Bear Measurisk, LLC, is a leader in prov...
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J.P. Morgan Prepaid Debit Cards Help Brooklyn, Chicago Buy Back 7,500 Guns
Aug 27, 2008
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NEW YORK, August 27, 2008 — Brooklyn and Chicago recently used J.P. Morgan prepaid debit cards in successful campaigns to take firearms off the streets. The gun buy back programs were sponsored by local law enforcement officials who offered citizens prepaid debit cards for working guns, no questions asked. More than 7,50...
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JPMorgan and IFC Join Forces to Boost Trade Finance in Asia and the Pacific
Aug 26, 2008
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Hong Kong, August 26, 2008 - JPMorgan and IFC, a member of the World Bank Group, today announced that they have jointly launched an innovative trade finance structure in Asia and the Pacific to help facilitate and boost trade activities in the region.
The funded trade advance, a component of the IFC Global Trade Finance Program, p...
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State of Arizona Renews JPMorgan Contract for Paperless Distribution of Benefit Payments
Aug 21, 2008
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NEW YORK, August 21, 2008 - JPMorgan announced today that it has renewed its contract with the State of Arizona for the distribution of benefit payments to the more than 250,000 households currently participating in programs like food stamps and cash assistance. Utilizing JPMorgan's electronic banking transfer services (EBT), program pa...
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JPMorgan Launches Third Party Clearing For Warsaw Stock Exchange Members
Aug 20, 2008
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London, 20 August 2008 - JPMorgan today announced that its GlobeClearSM business will now offer third party clearing for Warsaw Stock Exchange (WSE) members who wish to trade Polish securities. JPMorgan will be providing clearing and settlement capabilities to clients who want...
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JPMorgan Chase to Settle with State Securities Regulators and Offer to Purchase Certain Customers' Auction Rate Securities
Aug 14, 2008
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New York, NY - August 14, 2008 - JPMorgan Chase & Co. ("JPMorgan Chase") announced today that, as part of the Firm's ongoing commitment to the its customers and as part of an agreement in principle to settle investigations by the New York State Attorney General's Office and the Office of Financial Regulation of the State of Florida (on be...
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JPMorgan is First Major Bank to Offer Workers Compensation Debit Card
Aug 13, 2008
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New York, NY August 13, 2008 JPMorgan today announced that it is the first major financial institution to enable insurance companies to use prepaid debit cards to deliver workers compensation benefits to injured or disabled workers. The Chase Workers Compensation Card, issued by JPMorgan, provides insurance companies with an...
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JPMorgan Appointed Successor Depositary Bank For Barclays PLC ADR Programme
Aug 11, 2008
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London, 11 August, 2008 - JPMorgan announced today that it has been appointed as the successor depositary bank for the American Depositary Receipt programme of Barclays PLC, a major global financial services provider.
The average daily trading volume of Barclays PLC's ADRs is $55 million year-to-date, with total ADR holdings i...
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JPMorgan Selected for Banco Santander Chile ADR Program
Aug 6, 2008
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New York, August 6, 2008 - JPMorgan announced today that it has been selected as successor depositary bank for the American Depositary Receipt program for Banco Santander Chile (NYSE: SAN).
JPMorgan will manage all aspects of the ADR program in the US for Banco Santander Chile, which is the largest ADR program in Chile as measured...
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JPMorgan Private Equity Fund Services Expands in Europe
Aug 6, 2008
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London, 6 August 2008 - JPMorgan Private Equity Fund Services, as part of its international expansion efforts, today announced that it has established a presence in Jersey in the Channel Islands to service existing and new offshore clients.
With the launch of this new European hub, JPMorgan is well positioned as a full service ad...
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JPMorgan Chase Announces Completion of Internal Restructuring Transactions Related to Bear Stearns Acquisition
Jul 31, 2008
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New York, July 31, 2008 - JPMorgan Chase & Co. (NYSE: JPM) announced today that it completed its previously announced internal restructuring transactions related to the acquisition of The Bear Stearns Companies LLC (formerly known as The Bear Stearns Companies Inc.). On July 31, 2008, in connection with the transfer to JPMorgan ...
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JPMorgan Opens New International Image Deposit Centers In Taipei And Bangkok
Jul 23, 2008
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NEW YORK- July 23, 2008 - JPMorgan, a full-service provider of cash management, trade finance, and treasury solutions, today announced the opening of two new International Image Deposit Centers in Taipei and Bangkok, bringing the total number of image centers to 14. The new centers will extend JPMorgan's ability to allow its financial in...
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State of Alaska Renews JPMorgan Contract for Paperless Distribution of Benefit Payments
Jul 21, 2008
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NEW YORK, July 8, 2008 - JPMorgan announced today that it has renewed its contract with the State of Alaska for the distribution of benefit payments to the more than 23,000 households currently receiving funds for food and cash assistance. Utilizing JPMorgan's electronic services, the state will continue to supply families with convenient...
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JPMorgan Chase Reports Second-Quarter 2008 Net Income of $2.0 Billion, or $0.54 Per Share; Net Income of $2.5 Billion Excluding Losses of $540 Million (After-Tax) for Bear Stearns Merger-Related Items
Jul 17, 2008
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Increased credit reserves by $1.3 billion firmwide; loan loss allowance coverage of 2.86% for consumer businesses and 2.13% for wholesale businesses
Recorded markdowns of $1.1 billion in the Investment Bank, related to leveraged lending and mortgage-related positions
Continued to generate solid underlying business momentum...
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JPMorgan Chase Announces Conversion of Bear Stearns Preferred Stock into JPMorgan Chase Preferred Stock; New Trading Symbols and CUSIP Numbers
Jul 15, 2008
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New York, July 15, 2008 JPMorgan Chase & Co. (NYSE: JPM) announced today that it completed the previously announced internal merger transaction, as a result of which each share of The Bear Stearns Companies Inc.'s 6.15% Cumulative Preferred Stock, Series E, 5.72% Cumulative Preferred Stock, Series F and 5.49% Cumulative Preferred S...
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Chase Earns Outstanding Rating for Community Reinvestment
Jul 15, 2008
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New York, July 15, 2008 - JPMorgan Chase Bank has earned an overall outstanding rating for its community reinvestment across the United States from its primary regulator, the Office of the Comptroller of the Currency.
"This Outstanding rating reflects the dedication and leadership of thousands of our colleagues who are helping ...
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DataMatrix Promotions Adds Chase Rebate Cards To Comprehensive Rebate Management Solution
Jul 14, 2008
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DataMatrix Now Offering Both Prepaid Debit Cards and Check Disbursement as Convenient Payment Methods for Rebate Program Participants
NEW YORK, July 14, 2008 - DataMatrix Promotions, a leading marketing fulfillment company, has enhanced its rebate management capabilities by offering Chase Rebate Cards as part of its suite o...
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Chase Introduces New Statement Credit Feature to Chase Freedom (SM)
Jul 8, 2008
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WILMINGTON, Del. - July 8, 2008 - Chase Card Services, a division of JPMorgan Chase & Co. [NYSE: JPM], today introduces a new statement credit feature to the popular Chase Freedom(SM) credit card. The feature lets customers put anything they want on their Chase Freedom credit card and apply their reward po...
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JPMorgan Wins Landmark Multinational Asset Pooling Mandate
For Royal Dutch Shell's Asset Management Company
Jul 2, 2008
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London, 2 July 2008 - JPMorgan today announced an agreement with Shell Asset Management Company (SAMCo), the asset management arm of Royal Dutch Shell, enabling a global provision to service Shell corporate pension and insurance plans with total assets in excess of $70 billion. With this relationship, JPMorgan launches a range of so...
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