Trump sues JPMorgan Chase, Jamie Dimon for $5B, alleging "political" debanking
JPMorgan Chase says President Trump's lawsuit "has no merit."
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JPMorgan Chase says President Trump's lawsuit "has no merit."
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.
The company says the building will have net-zero operational emissions.
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.
It may not feel like spring right away, but Friday's weather does deliver a clear shift in the air in New York City.
Hundreds of New York University's non-tenured faculty members say they're prepared to walk off the job, impacting about 25% of classes.
The Trump administration says Iran's autocratic regime is down but not out, and it won't say how long the deadly, costly conflict will go on.
The NYPD said the deadly crash in Harlem happened Thursday night on West 125th Street near Adam Clayton Powell Boulevard.
![Simon Holmstrom #92, Adam Pelech #3 and Ilya Sorokin #30 of the New York Islanders after Brady Tkachuk #7 of the Ottawa Senators [NOT PICTURED] scores a go ahead goal in the third period on March 19, 2026, at Canadian Tire Centre in Ottawa, ON, Canada.](https://assets3.cbsnewsstatic.com/hub/i/r/2026/03/20/4e3a863c-496a-405e-b4cb-9bb704027ac5/thumbnail/640x360/23d7c78f0b2cd82687b7e3ec795c508f/gettyimages-2266947333.jpg#)
Brady Tkachuk scored with 11.1 seconds left to give the Senators a 3-2 victory over the Islanders on Thursday night.
It may not feel like spring right away, but Friday's weather does deliver a clear shift in the air in New York City.
Hundreds of New York University's non-tenured faculty members say they're prepared to walk off the job, impacting about 25% of classes.
The NYPD said the deadly crash in Harlem happened Thursday night on West 125th Street near Adam Clayton Powell Boulevard.
A New York City high school student who was detained by ICE and spent nearly a year in a detention center is finally home.
Child care provider Bright Horizons has agreed to give up its permit for a Manhattan day care center.
It may not feel like spring right away, but Friday's weather does deliver a clear shift in the air in New York City.
The New York City area will be under a wind advisory Monday with periods of heavy rain and severe thunderstorms expected across the region.
The New York area is in for a mild weekend before the weather takes a turn to start the work week.
It will be rainy on Thursday morning, and the weather will change to snow as temperatures drop across the Tri-State Area.
Thunderstorms are expected in New York, New Jersey and Connecticut this weekend after severe weather hit the Midwest.
It may not feel like spring right away, but Friday's weather does deliver a clear shift in the air in New York City.
Last year, electricity rates in New Jersey spiked more than almost any other state, according to a new congressional report.
Montclair School District Board of Education members broke down in tears as they voted to close Renaissance Middle School.
Video shows firefighters dousing the smoldering roof of the structure on Old York Road in Branchburg, New Jersey.
Grubhub is launching New Jersey's first commercial food delivery by drone. CBS News New York has learned more about the high-tech service and how it's expected to work.
It may not feel like spring right away, but Friday's weather does deliver a clear shift in the air in New York City.
A driver was indicted on manslaughter and assault charges Thursday in a deadly crash that killed two teenagers on Long Island back in January.
Tens of thousands of customers lost power across the New York-New Jersey area as severe weather whipped through the region.
Ten people and six vehicles were involved in the fatal accident on Long Island, according to New York State Police. Two people in their 80s were killed.
St. John's, Hofstra and LIU are scheduled to play Friday in the 2026 NCAA men's basketball tournament.
Last year, electricity rates in New Jersey spiked more than almost any other state, according to a new congressional report.
Mayor Zohran Mamdani is taking the first steps toward overhauling how the city responds to 911 calls involving mental health problems.
The MTA announced plans to replace thousands of New York City's decades-old subway cars with new models.
New York City will no longer criminally enforce minor traffic offenses for cyclists and e-bike riders, the Mamdani administration announced Wednesday.
The Mamdani administration has asked a court to allow them to stop representing former Mayor Eric Adams in a sexual assault case.
Older adults in New Jersey recorded the highest number of suspected overdose deaths in 2025, according to the New Jersey Department of Health.
The first case of mpox clade I has been detected in New York City, health officials said Friday. Of the two types of mpox, clade I is known to cause more severe disease and death.
Heights University Hospital, formerly known as Christ Hospital, shuttered its emergency room Saturday night.
New Jersey Sen. Andy Kim is opening up about his father's Alzheimer's diagnosis in hopes of helping others struggling like him to care for their loved ones.
A new study shows toxic forever chemicals known as PFAS may be entering the food chain on Long Island through contaminated soil, water and air.
ABC has canceled its already filmed season of "The Bachelorette" starring Taylor Frankie Paul after video surfaced of a 2023 incident in which she was charged with assault.
Michael B. Jordan's best actor win at Sunday night's Academy Awards resonated at his alma mater, Arts High School in Newark.
"One Battle After Another" took home several big awards, including Best Picture, Best Director and the newly created Best Casting.
Hollywood's biggest stars were honored at the 98th annual Academy Awards on Sunday. Here is what to know and how to watch the 2026 Oscars.
Legendary New York City television news anchor Ernie Anastos has died. His wife says he died early Thursday morning of pneumonia.
Brady Tkachuk scored with 11.1 seconds left to give the Senators a 3-2 victory over the Islanders on Thursday night.
The Blue Jackets beat the Rangers 6-3 on Thursday night, keeping alive hopes for their first playoff berth since the 2019-20 season.
Howie Rose, the longtime play-by-play voice of the New York Mets on the radio, says the upcoming 2026 season will be his last.
The Oklahoma City Thunder beat the Brooklyn Nets 121-92 on Wednesday night for their 10th straight win.
The New Jersey Devils beat the New York Rangers 6-3 on Wednesday night for their third straight victory.
Members of the Apollo Theater, where Kiki Shepard left her mark for 15 years, reflect on her legacy after the Harlem icon's death at age 74.
The Rev. Al Sharpton is calling on New York City to help protect the Merchant's House Museum in Manhattan after a recent discovery revealed connections to the Underground Railroad.
A Harlem school is teaching students how to love, honor and care for their natural hair.
The NYC DEP has announced plans to clean Flushing Creek with chlorine, sparking outrage among some environmentalists.
Neighbors and local businesses in Long Island City, Queens, say rental trucks parked on streets are impacting daily operations.
The Halloween tradition strolled through Manhattan's East Village on Sunday, with furry friends dressed in colorful costumes.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
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.
Police said the driver struck a 44-year-old man at Lexington and 61st on Manhattan's East Side
It appears a semi-truck and another vehicle collided, Chopper 2 video shows.
Israel and Iran launched more missiles Friday, but Israel vowed no further attacks on a major oil field in Iran. CBS News' Jarred Hill reports.
Tony Sadiku has the Tri-State Area's updated Friday morning First Alert Forecast on CBS News New York.
Hundreds of New York University's non-tenured faculty members say they're prepared to go on strike. CBS News New York's Christina Fan reports.
