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.
Kishan Patel, who was shot by a former NYPD officer in 2024, has returned home after more than a year of rehab.
Spring has sprung, but piles of snow are still melting in New Jersey more than six weeks after a blizzard slammed the Tri-State Area.
The burglars smashed into the Perth Amboy business within seconds and then came face-to-face-with the owners.
The Athletics beat the New York Yankees 1-0 Thursday afternoon to clinch their first series at Yankee Stadium since 2016.
Another Mount Vernon, New York, police officer is on the wrong side of the law, prosecutors said.
Another Mount Vernon, New York, police officer is on the wrong side of the law, prosecutors said.
The 3-time Grammy Award-winner will host the 2026 Tonys live on CBS on June 7 in New York City.
A Queens man was arraigned Thursday over his alleged involvement in a fire in Flushing that killed four people, including a child.
New York City Mayor Zohran Mamdani said most 2-K seats will operate on a full-day and full-year schedule at a news conference Thursday morning.
New York politicians and family members are calling for stricter rules as they remember the six people killed in a helicopter crash on the Hudson River.
When UConn plays Michigan for the NCAA Men's Basketball championship tonight in Indianapolis, there are a few places in New York City where fans can root on their schools.
The average price for a gallon of gas in New York City is now $4.11, which is 82 cents higher than a month ago, according to AAA.
Rain has returned for Easter Sunday in the New York area after the holiday weekend kicked off with May-like weather.
UConn's jaw-dropping buzzer beater catapulted them to the Final Four.
Bridgeport firefighter Terrence Cramer was killed after his girlfriend's ex shot him in a fit of rage at a Connecticut home, according to an arrest warrant.
Kishan Patel, who was shot by a former NYPD officer in 2024, has returned home after more than a year of rehab.
Spring has sprung, but piles of snow are still melting in New Jersey more than six weeks after a blizzard slammed the Tri-State Area.
The burglars smashed into the Perth Amboy business within seconds and then came face-to-face-with the owners.
A New Jersey family's beloved dog has been returned after it was apparently taken right off their back porch.
MetLife Stadium will host eight 2026 FIFA World Cup matches, including the final in July, but soccer fans will have to rely on mass transit because there won't be any parking available.
Gilgo Beach serial killer Rex Heuermann answered a judge's preliminary questions before pleading guilty to murdering seven women and admitting to killing an eighth.
Rex Heuermann pleads guilty to murdering seven women tied to the years-long Gilgo Beach serial killer investigation.
Gilgo Beach serial killer Rex Heuermann pleaded guilty to seven counts and admitted guilt in the death of an eighth woman.
Rex Heuermann was arrested in 2023. He admitted to killing eight women in the Gilgo Beach area of Long Island between 1993 and 2011.
Long Beach, Long Island, is holding a public hearing Tuesday night regarding the loosening of alcohol restrictions on its iconic boardwalk.
First lady Melania Trump delivered a televised statement denying a relationship with the late sex offender Jeffrey Epstein.
New York City Mayor Zohran Mamdani said most 2-K seats will operate on a full-day and full-year schedule at a news conference Thursday morning.
The NFL is being investigated for practices that allegedly harm consumers for licensing games to multiple platforms — paid streaming platforms, paid cable networks, and others, sources said.
Tensions are simmering between New York City Mayor Zohran Mamdani and City Council Speaker Julie Menin over the city budget.
New York City Mayor Zohran Mamdani is approaching his 100th day in office, and almost half of New Yorkers say they approve of his job performance, according to a new poll published Wednesday.
Advocates fear New York state could be taking a step back when it comes to biomarker testing access for those with Medicaid.
What started as a sinus infection left a Long Island teenager fighting for his life, requiring emergency brain surgery.
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.
A federal judge in New York has tossed out actor Blake Lively's sexual harassment claims against actor Justin Baldoni over their roles in the movie "It Ends With Us," but left intact a claim for retaliation.
Atlanta rapper Gucci Mane was lured to a Dallas studio for a meeting, then allegedly kidnapped and robbed by a group including rappers Pooh Shiesty and Big30.
Megan Thee Stallion was released from a New York City hospital after she got sick during a performance of "Moulin Rouge! The Musical."
The price hike raises the cost of the standard plan with ads by $1 per month and the cost of the standard and premium plans by $2.
Savannah Guthrie stepped back from her NBC duties almost two months ago when her mother, Nancy Guthrie, disappeared. The investigation is ongoing.
The Athletics beat the New York Yankees 1-0 Thursday afternoon to clinch their first series at Yankee Stadium since 2016.
The NFL is being investigated for practices that allegedly harm consumers for licensing games to multiple platforms — paid streaming platforms, paid cable networks, and others, sources said.
Pope Leo enjoyed a lighthearted moment Wednesday as he welcomed the Harlem Globetrotters to St. Peter's Square.
Scottie Scheffler feels rested, Bryson DeChambeau confident, and Rory McIlroy pressure-free as they lead a star-studded field at the 90th Masters.
The Athletics rallied to beat the New York Yankees 3-2 on Wednesday night.
Ismael Ox lost his right hand as a child in a grenade attack, survived homelessness in the U.S., and became a citizen, all while training to represent Team USA in para Taekwondo.
These kids from Brooklyn are playing tennis in their school hallways, cafeterias and auditoriums, to make the most of limited space and resources.
Preparations for Passover in Brooklyn blend centuries-old rituals with modern traditions unique to each family.
New York has filed a lawsuit against solar company Attyx, saying it didn't just sell panels, it sold promises it couldn't keep.
Long before Manhattan's iconic street grid took shape, an English widow planned a Brooklyn community that helped shape the city today.
People dressed in elaborate headgear and paraded up Fifth Avenue for New York City's Easter Sunday tradition.
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.
The annual Easter Parade and Easter Bonnet Festival was held in Manhattan on April 20, 2025.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The pop star will host Broadway's biggest night in 2026 at Radio City Music Hall live on CBS and Paramount+.
New York City business owners say they're struggling to keep up with rising costs from regulations tied to climate rules. Now, they're asking the state to make changes to save their livelihood. CBS News New York's Hannah Kliger reports.
A Mount Vernon, New York, police officer is on the wrong side of the law for the second time in two weeks. CBS News New York's Tony Aiello reports.
The honorary starters took the ceremonial first tee shot before the 90th Masters at Augusta National Golf Club.
A new poll shows how New Jersey residents are feeling about Gov. Mikie Sherrill as she marks 100 days in office.
