JPMorgan reaches $290 million settlement with Jeffrey Epstein victims
The agreement stems from a November lawsuit that alleged the bank ignored red flags about Epstein in order to keep his business.
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The agreement stems from a November lawsuit that alleged the bank ignored red flags about Epstein in order to keep his business.
The regional lender, whose collapse is the second-biggest bank failure in U.S. history, is the third bank to be seized by regulators since March.
JPMorgan Chase has announced plans for its new global headquarters -- an all-electric building on Park Avenue.
Those convicted of a crime are getting a second chance in an unlikely place.
Three of corporate America's heaviest hitters — Amazon, Warren Buffett and JPMorgan Chase — sent a shudder through the health industry Tuesday.
Maddy Eddy was unable to get federal aid to repair her home on Beach 28th Street after Sandy, and that's where the city stepped in.
The New York-based bank disclosed Thursday that the breach compromised customer information pertaining to roughly 76 million households and 7 million small businesses.
JPMorgan Chase & Co. said Thursday that a data breach affected 76 million households and 7 million small businesses.
Prosecutors Tuesday said hundreds of customers at White Plains bank are victims of theft – and the thieves are tellers who allegedly took their money.
The hackers targeted JPMorgan Chase & Co. and at least four other banks in what's been described as a coordinated cyberattack.
The fund will distribute assets forfeited in the Madoff case. It's separate from a bankruptcy court proceeding that has recovered money to redistribute to burned Madoff clients.
The bank will pay $1.7 billion to settle criminal charges and a $350 million civil penalty for what the Treasury Department called "critical and widespread deficiencies'' in its programs to prevent money laundering and other suspicious activity.
Niculae Petre, Dorin Husa, Valer Zaharia, and Teodora Zaharia, are accused of stealing customers' PIN numbers and other financial information.
The settlement announced Tuesday requires JPMorgan to pay $9 billion and provide $4 billion in consumer relief, including principal reductions and other mortgage modifications for homeowners facing foreclosure.
The person said the tentative agreement does not resolve a criminal investigation of the bank's conduct. It is being handled by federal prosecutors in Sacramento, Calif.
Preet Bharara, the Manhattan U.S. attorney, hinted that the misconduct was not just the work of a couple of rogue traders, but was systemic in a bank that failed to keep adequate watch over its traders.
According to New York's Attorney General, even while the nation's economy was collapsing, Bear Stearns was only looking at its own bottom line and was lying to investors.
It is clear that Democrats have shown a greater propensity to spend money wisely with their campaigns and allied groups. At the end of the day, that is what America needs.
CEO Jamie Dimon's original estimate of the loss from the bad trade, disclosed in a surprise conference call with Wall Street analysts in May, was $2 billion.
The executive responsible for trading strategy at JPMorgan Chase, one of the highest-ranking women in Wall Street, on Monday became the first casualty of the bank's stunning $2 billion loss.
Five of the envelopes were sent to Wells Fargo banks, one was sent to JP Morgan Chase headquarters and another was sent to the mayor's office and ended up in a mailroom on Gold Street.
JPMorgan Chase and nearly 40 other companies, some of them also based in the New York City area, have teamed up to try and get veterans back into the workforce.
Two former Credit Suisse traders pleaded guilty to conspiracy and signed cooperation agreements Wednesday in a long-running probe of the federal sub-prime mortgage securities market that was expected to result in more arrests.
According to The Post, David Einhorn and the Mets are on track to close the book on their minority ownership deal by the end of August with a restructured half-loan, half-cash agreement. The catch?
A deal still isn't done between the Mets and potential minority owner David Einhorn. So what's taking so long? According to the New York Post, the delay is "because lender JPMorgan Chase is not letting the team structure the deal as a loan."
CBS News New York has learned the Department of Justice has opened an investigation into homeless shelters in New York City.
A vigil was held Wednesday for Newark Police Det. Joseph Azcona, who was shot and killed while on the job last Friday.
A Long Island man was arraigned Wednesday on drugs, weapons and dogfighting charges.
A New York City man is accused of assaulting his girlfriend's young son weeks before the child died, a source tells CBS News New York.
A 3D printer helped save the life of a New Jersey man whose skull was crumbling.
CBS News New York has learned the Department of Justice has opened an investigation into homeless shelters in New York City.
A Long Island man was arraigned Wednesday on drugs, weapons and dogfighting charges.
A New York City man is accused of assaulting his girlfriend's young son weeks before the child died, a source tells CBS News New York.
The creation of the Tiffany lamp was credited to a famous craftsman, but recently the lamps' true creators were revealed – a group of artisans known as the "Tiffany Girls."
The vaccination rate on Long Island should help keep the spread of measles at bay, health officials say.
Gusts between 30-40 mph combined with dry fuels and low humidity levels will lead to a continued risk of wildfire development through the rest of the weekend.
A wind advisory is in effect for New York City and the surrounding area Friday due to gusts of up to 50 mph.
From flooding to downed trees, Wednesday's rain wreaked havoc on some parts of the Tri-State Area.
We're getting the green light Tuesday, but that won't be the case Wednesday.
The weather is all over the place this week around the greater NYC area. The calendar says March, but it sure feels like January.
A vigil was held Wednesday for Newark Police Det. Joseph Azcona, who was shot and killed while on the job last Friday.
A 3D printer helped save the life of a New Jersey man whose skull was crumbling.
The Essex County Prosecutor's Office is investigating the death of a 6-year-old child in Newark, New Jersey.
Police say a dispute between next-door neighbors in a quiet Jersey Shore community led to gunfire, leaving a husband and wife injured and the shooter dead.
A 14-year-old boy remains in critical condition following a school bus crash on the Garden State Parkway in Bergen County on Monday night.
A Long Island man was arraigned Wednesday on drugs, weapons and dogfighting charges.
The vaccination rate on Long Island should help keep the spread of measles at bay, health officials say.
Suspected Gilgo Beach serial killer Rex Heuermann returned to court on Long Island, where a judge set a date for what's called a Frye hearing.
A child in Suffolk County has tested positive for measles, health officials say.
An attempt to make s'mores accidentally sparked the massive brush fires that impacted the East End of Long Island, Suffolk County police said Monday.
White House "border czar" Tom Homan met with Republican lawmakers in Albany Wednesday to demand an end to sanctuary city laws.
Senate Minority Leader Chuck Schumer warned that Republicans don't have the votes to pass a measure to keep the government funded through September.
Dr. Hazel Dukes' funeral was held Wednesday in Harlem, a final goodbye for a civil rights icon.
President Trump said Monday that Mahmoud Khalil's arrest was just the first "of many to come."
The Department of Education said staff affected by the job cuts would be placed on leave starting Friday, March 21.
A 3D printer helped save the life of a New Jersey man whose skull was crumbling.
The vaccination rate on Long Island should help keep the spread of measles at bay, health officials say.
A child in Suffolk County has tested positive for measles, health officials say.
Many children with autism rely on Medicaid to get the critical therapy they need, but next year, New York state wants to cut spending by millions.
Maimonides Health has officially unveiled its dedicated Menopause Center in Brooklyn, designed to provide specialized care and support for women navigating midlife changes.
Celebrities like Laurence Fishburne, Mark Ruffalo and Matthew Broderick were among those rallying Saturday to keep a 135-year-old church and theater space on the Upper West Side open.
Gene Hackman and Betsy Arakawa were found dead in their home last week in a gated community in Santa Fe, New Mexico.
The FIFA World Cup final will have a halftime show for the first time in history when it comes to New Jersey's MetLife Stadium in 2026.
Carl Dean, the husband of Dolly Parton, died Monday in Nashville, the singer said in a statement.
"Anora" won big at the 2025 Oscars. Here's the full list of who won and was nominated for this year's Academy Awards.
Rick Pitino and RJ Luis were rewarded Wednesday for St. John's best season in decades, winning Big East Coach of the Year and Player of the Year, respectively.
The former University of Pittsburgh product is staying in Buffalo.
The Winnipeg Jets beat the New York Rangers 2-1 on Tuesday night.
The New Jersey Devils beat the Columbus Blue Jackets 5-3 on Tuesday night.
The Cavaliers rallied for a victory over the Nets on Tuesday, matching the longest winning streak in franchise history.
The creation of the Tiffany lamp was credited to a famous craftsman, but recently the lamps' true creators were revealed – a group of artisans known as the "Tiffany Girls."
Some Bronx business owners say they they are losing business due to MTA construction hiding their storefronts and blocking nearby parking.
Advocates say nothing is stopping landowners from pricing out, evicting, or demolishing the homes of New York's estimated more than 25,000 ground lease co-op residents.
Bronx Borough President Vanessa Gibson is advocating for a birthing center in the Bronx.
The future of Morris Park in the Bronx is looking a little brighter after a grant was approved for the area.
Dogs got decked out for the annual Tompkins Square Halloween Dog Parade in New York City's East Village on Saturday.
Cosplayers flooded New York City's Javits Center in October 2024 for the annual New York Comic Con convention.
Tens of thousands of people flooded Manhattan streets on June 2, 2024 for the 60th annual Israel Day on Fifth Parade.
The Francis Scott Key Bridge in Baltimore collapsed early Tuesday, March 26 after a column was struck by a container ship that reportedly lost power, sending vehicles and people into the Patapsco River.
The 50th Annual Village Halloween Parade drew massive crowds, celebrating the theme "Upside/Down:Inside/OUT."
CBS News New York's Vanessa Murdock has your weather forecast for March 12 at 11 p.m.
An NYPD detective opened fire Wednesday after police say a man with a box cutter charged at him and a civilian. CBS News New York's Naveen Dhaliwal reports.
The bodies of a woman and a child were found in a NYCHA building in Brooklyn on Wednesday.
The Environmental Protection Agency is trying to roll back dozens of environmental regulations, claiming they are hurting the economy, but as CBS News New York's Ali Bauman reports, some say it would have devastating impacts on public health.
Surveillance video shows a deadly multi-vehicle crash in Clifton, New Jersey.
