Current Releases
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BP North America, Chase Introduce New BP Visa® Card
May 2, 2006
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WILMINGTON, Del. May 2, 2006 BP North America [NYSE: BP] and Chase [NYSE: JPM] announced today the launch of the new BP Visa Card, just in time for summer travelers to earn more rebates on gasoline, travel and dining purchases.
The new BP Visa Card offers a five percent rebate on BP purchases including gas, con...
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Time is Short to Lock in Lower Rates Before Interest Rates Rise July 1st
May 1, 2006
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May 1, 2006 With federal student loan interest rates expected to rise on July 1, college students and graduates can lock in today's low interest rates and potentially save thousands of dollars in interest over the life of their loan by consolidating their student loans now.
To help ensure that applicants receive the lowest po...
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JPMorgan Chase Reports 2006 First-Quarter Net Income Of $3.1 Billion, Or $0.86 Per Share
Apr 19, 2006
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Card Services earnings benefit from lower credit losses
Investment Bank has record revenues of $4.7 billion
Retail Financial Services generates growth in accounts, deposits and loans
Asset & Wealth Management, Treasury & Securities Services and Commercial Banking each achieve solid revenue growth
New...
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Chase says hello to Michigan April 24 Bank One changes its name at 258 branches
Apr 17, 2006
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Detroit, April 17, 2006 - Chase says hello to Michigan next week as 258 Bank One branches in the state are changed to Chase, the consumer and commercial banking brand of JPMorgan Chase & Co. (NYSE: JPM).
The name change results from the 2004 merger of Bank One with JPMorgan Chase. The April 24 brand change in Michigan and Florida co...
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JPMorgan Chase Launches New Electronic Payment Method For Mid Or Large Size Corporations And Government Agencies
Apr 17, 2006
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New York April 17, 2006 JPMorgan Chase, a leading provider of cash management, trade finance and treasury solutions, today announced the launch of ExacTrac(SM), a new secure, streamlined electronic payment solution for mid-size and large corporations and government agencies. ExacTrac offers a fully automated and integrated process...
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JPMorgan Chase to acquire The Bank of New York's consumer, small-business and middle-market banking businesses in exchange for corporate trust operations
Apr 8, 2006
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New York, April 8, 2006 - JPMorgan Chase (NYSE: JPM) today announced an agreement to acquire The Bank of New York Company's (NYSE: BK) consumer, small-business and middle-market banking businesses in exchange for JPMorgan Chase's corporate trust business plus a cash payment of $150 million. The Bank of New York businesses being acquired are valued...
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JPMorgan Develops Islamic Finance Structure For Islamic Development Bank
Apr 6, 2006
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London, 6 April 2006 JPMorgan announced today that it has entered into a Murabaha Agreement for trade finance transactions with the Islamic Development Bank (IDB) that is structured to comply with Islamic Shari'a rules and principles.
The structure permits IDB to finance the import of oil and other commodities. As a res...
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JPMorgan Announces 34th Annual Technology Conference
Apr 3, 2006
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New York, April 3, 2006 JPMorgan's 34th Annual Technology Conference will be held May 22-24, 2006 at the Westin St. Francis Hotel in San Francisco. This year's conference will feature over 250 presenting companies, including established industry leaders and emerging fast-growth companies.
Members of the press who wish to attend should cont...
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Chase, Fannie Mae to finance building of first homes in Katrina-ravaged New Orleans neighborhood
Mar 27, 2006
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NEW ORLEANS, March 27, 2006 The JPMorgan Chase Foundation and Fannie Mae announced today they are providing $450,000 in initial financing to Catholic Charities Archdiocese of New Orleans to build the first new homes in one of the city's neighborhoods hardest-hit by Hurricane Katrina.
The funds will be provided at zero percen...
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JPMORGAN CHASE INTRODUCES NEW IMAGE CASH LETTER SOLUTION
Mar 22, 2006
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NEW YORK March 22, 2006 JPMorgan Chase, a full-service provider of cash management, trade finance, and treasury solutions, today introduced a new image check processing system that enables financial institutions and corporations to image paper items and transmit them electronically for clearing.
JPMorgan Chase's Image...
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JPMORGAN CHASE DECLARES COMMON STOCK DIVIDEND
Mar 21, 2006
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New York, March 21, 2006 The Board of Directors of JPMorgan Chase & Co. (NYSE:JPM) today declared a quarterly dividend of 34 cents per share on the outstanding shares of the corporation's common stock. The dividend is payable on April 30, 2006, to stockholders of record at the close of business on April 6, 2006.
JPMorgan Chase & Co. (...
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JPMorgan Chase Announces $8 Billion Share Repurchase Authorization
Mar 21, 2006
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New York, March 21, 2006 JPMorgan Chase & Co. (NYSE: JPM) today announced that its Board of Directors has authorized the repurchase of up to $8 billion of the firm's common shares. The new authorization commences today and replaces the Company's previous repurchase authorization.Jamie Dimon, Chief Executive Officer, commented, "...
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JPMorgan Chase First Quarter 2006 Earnings Conference Call
Mar 20, 2006
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New York, March 20, 2006 – JPMorgan Chase & Co. (NYSE: JPM) will host a conference call to review first quarter 2006 financial results on April 19, 2006 at 9:00 a.m. (Eastern time). First quarter financial results are currently scheduled to be released at approximately 7:00 a.m. on
April 19, 2006.
The conference call may be access...
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JPMorgan Launches TAM Brazilian Airlines ADR Program
Mar 16, 2006
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NEW YORK, March 16, 2006 JPMorgan today announced the launch of the TAM S.A (NYSE: TAM) American Depositary Receipt (ADR) program established in conjunction with the Brazilian Airlines' $463 million initial public offering of ADRs. TAM operates regular flights to destinations throughout Brazil and serves various cities in the domestic ...
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JPMorgan Chase Is First To Use Fast-Track Authority For Loans
Mar 9, 2006
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New York, NY - March 9, 2006 - JPMorgan Chase Bank, a leading global provider of trade solutions, announced today that it is the first U.S. bank to arrange working capital finance under the Fast Track Lender Program of the Export-Import Bank of the United States (Ex-Im Bank). The new program helps banks expedite loans to U.S.-based companies...
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Chase Comes Home to Ohio March 13
Mar 6, 2006
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COLUMBUS, Ohio, March 6, 2006 Chase comes home next week as 280 Bank One branches in Ohio are changed to Chase, the consumer and commercial banking brand of JPMorgan Chase & Co. (NYSE: JPM).
The name change results from the 2004 merger of Bank One with JPMorgan Chase.
"We're proud of our heritage in Ohio, the birthp...
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Chase Says Hello to West Virginia March 13
Mar 6, 2006
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CHARLESTON, W.Va., March 6, 2006 Chase will say "Hello" to Bank One customers next week as signs at 30 branches in West Virginia are changed to Chase, the consumer and commercial banking brand of JPMorgan Chase & Co. (NYSE: JPM).
The name change results from the 2004 merger of Bank One with JPMorgan Chase.
"We're pr...
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Chase Announces Credit Card Alliance With Kohl's
Mar 6, 2006
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WILMINGTON, Del. - March 6, 2006 Today, JPMorgan Chase [NYSE: JPM] announced that it has entered into a strategic alliance with Kohl's Corporation [NYSE: KSS] to enhance Kohl's credit card operations. As part of the alliance, Chase will purchase for cash more than 13 million private label credit card accounts with approximately $1.5 bi...
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JPMorgan Chase Issuing Debit Cards To Speed Income Tax Refunds To Low-Income Consumers Without Bank Accounts
Mar 6, 2006
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New York, March 6, 2006 -- JPMorgan Chase, a full-service provider of cash management, trade finance and treasury solutions, today announced the rollout of pre-paid debit cards to speed payment of tax refunds to low-income tax filers without bank accounts.
The new Chase Direct Benefit Card allows taxpayers to get their refund in a deb...
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Chase Education Finance Completes Acquisition of Collegiate Funding Services
Mar 1, 2006
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CHICAGO, March 1, 2006 - JPMorgan Chase Bank, N.A. (NYSE: JPM) today has completed the acquisition of Collegiate Funding Services, Inc. (NASDAQ: CFSI), creating a comprehensive education finance business.
Chase Education Finance now has the sales, marketing, origination and servicing capabilities to be a major provider of every type ...
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