A Mortgage REIT Looks for More CDOs
- BANK'S PERFORMANCE, THE USE OF CREDIT DERIVATIVES AND FINANCIAL CRISIS: CASES OF CITIGROUP AND J.P. MORGAN CHASE & CO. Tien, Mark; Tri Truong; Min-Ming Wen // Journal of International Finance & Economics;2013, Vol. 13 Issue 4, p87
This paper illustrates the relationship between banks' performance and their use of credit derivatives before and after financial crisis period. Two major large financial institutions, Citigroup and JP Morgan Chase & Co are employed as sample firms to examine how the heavy use of collateralized...
- Housing picture is full of ups and downs. MUOLO, PAUL // Mortgage Strategy;6/6/2011, p26
In this article, the author discusses the condition of residential lending services in Great Britain as rising home mortgage rates in the first quarter of 2011 dampened refinancing activity. He reports that the big four of home finance, Wells Fargo & Co., Bank of America Corp., J.P. Morgan Chase...
- What Main Street Banks Have to Fear from Crises in Greece and China. Cumming, Chris; Berry, Kate // Nationalmortgagenews.com;7/8/2015, p1
The Greek debt crisis and China's stock-market crash may put downward pressure on interest rates and delay the Fed's interest rate hike, and they are adding uncertainty at a time when lenders thought recovery would be taking hold.
- The ProPublica Blog: Other Major Banks Did Deals Similar to Goldman's. Wang, Marian; Knutsonx, Ryan // Pro Publica;4/11/2010, p19
A blog related to several investment banks, including J.P. Morgan Chase & Co., and Citigroup Inc., creating Collateralized Debt Obligations (CDOs), like Goldman Sachs & Co., is discussed.
- The summer swoon. The banks are at it, again. // In Search of the Perfect Investment;6/5/2013, p1
The article offers various developments related to the financial industry. It is informed that J.P. Morgan Chase & Co. and Morgan Stanley bankers in London, England, are moving towards synthetic Collateralized Debt Obligations (CDO). It is informed that CDOs pegged to soured mortgage loans...
- JPM Pays $153M In CDO Settlement. // American Banker;6/22/2011, Vol. 176 Issue 96, p6
The article reports JPMorgan Chase & Co. bank agreed to a $153.6 million settlement to resolve the U.S. Securities and Exchange Commission's fraud claims against the bank for selling a collateralized debt obligations (CDO) product linked to risky mortgages as the housing market collapsed in 2007.
- JPM Dispute to Be Heard in U.K. // American Banker;5/13/2011, Vol. 176 Issue F318, p15
The article discusses a ruling by the European Union's Court of Justice that a contractual validity dispute involving a $112 million collateralized debt obligation against JPMorgan & Co. can be heard in a court in Great Britain.
- Morning Scan: JPMorgan Joins the Mega Breach Club; Bernanke's Refi Denied. Todd, Sarah // Americanbanker.com;10/3/2014, p1
Receiving Wide Coverage Â… Hack Attack at JPMorgan: JPMorgan Chase is the newest member of the mega breach club. The bank disclosed in a Thursday regulatory filing that hackers stole the names, email addresses, phone numbers and mailing addresses of 76 million households and seven million...
- Chase, Citi Gain But See Some Problems Lingering. Moyer, Liz // American Banker;7/18/2002, Vol. 167 Issue 136, p1
Reports on the increased net income of J.P. Morgan Chase & Co. and Citigroup Inc. in the second quarter of 2002. Reasons for gains; Details about net profits of the two companies; Reduction of staff in Morgan Chase's investment banking operations to account for the economic slowdown;...