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.
A terminally ill Bronx man made one final request from his hospital bed before he died. He wanted to say goodbye to his dogs and make sure they end up in a loving home.
Anders Lee scored the go-ahead goal in the final minute, rookie Matthew Schaefer had two more goals and an assist and the Islanders edged the Panthers 5-4 on Sunday.
James Harden scored 22 points in his return to the lineup with a broken thumb and the Cavaliers snapped a two-game skid with a 106-102 win over the Nets on Sunday.
Iranian-Americans marched in New York City on Sunday to celebrate the death of Ayatollah Ali Khamenei and 40 of his top officials.
Prince Reza Pahlavi, a leader of the opposition to the Islamic Republic, discusses whether regime change is coming, who leads a transition, and nuclear weapons.
A terminally ill Bronx man made one final request from his hospital bed before he died. He wanted to say goodbye to his dogs and make sure they end up in a loving home.
Iranian-Americans marched in New York City on Sunday to celebrate the death of Ayatollah Ali Khamenei and 40 of his top officials.
Brian Anthony Moreland is a Tony Award-nominated producer who has worked on numerous hit shows and joins a short list of Black producers working on Broadway.
With the fate of Iran uncertain after Saturday's strikes by the United States and Israel, the shockwaves are being felt in the Tri-State Area.
Protests sparked up in New York City and across the country Saturday in response to the military strikes in Iran.
The Tri-State Area's weekend is looking like a tale of two seasons with both snow and sunshine.
Another round of snow is impacting the Tri-State Area Wednesday, just after a major blizzard dumped more than 2 feet of snow in some parts of New York and New Jersey.
Pet owners should be extra cautious with their pets during and after the major winter snowstorm impacting the New York and New Jersey area.
Double-digit snow totals have been reported across New York, New Jersey and Connecticut as a major blizzard begins to wind down.
The storm has started to wrap up in New York City, New Jersey and beyond, with impressive snow totals left in its wake.
With the fate of Iran uncertain after Saturday's strikes by the United States and Israel, the shockwaves are being felt in the Tri-State Area.
Several hundred protesters in Roxbury, N.J., took to the street Saturday expressing outrage over plans to build an ICE facility in their town.
The Tri-State Area's weekend is looking like a tale of two seasons with both snow and sunshine.
Neighbors of a home displaying hateful symbols in Woodland Park, New Jersey, say they have complained to police, but authorities said while it's disgraceful, it's still protected speech.
John Shippen was a child of former slaves who found his way onto a golf course and made history there.
A driver who allegedly struck and critically injured a Nassau County Police crossing guard on Long Island appeared in court Friday.
Four people were injured in a crash on the Long Island Expressway Friday morning.
A Long Island man accused of burning down four homes in the Pocono Mountains was arrested in New York City with a truck full of nitrous oxide.
Nassau County DA Anne Donnelly said Wen-Lone Chou stockpiled parts and tested the guns he built in a makeshift shooting range in his Mineola basement.
A Long Island crossing guard is in critical condition after being hit while shoveling snow in Merrick, sources said.
Iranian-Americans marched in New York City on Sunday to celebrate the death of Ayatollah Ali Khamenei and 40 of his top officials.
CBS News has learned that the casualties occurred among American personnel based in Kuwait.
President Trump posted on social media that Iranian Supreme Leader Ayatollah Ali Khamenei had been killed after a massive U.S. and Israeli military operation Saturday.
Local leaders across New York are reacting to the U.S. and Israel's major military operation in Iran.
Americans weighed in on how long a conflict with Iran might last and what Congress should do.
For the first time in 30 years, the Food and Drug Administration has approved a new treatment for an inoperable type of pancreatic cancer.
NYSNA has reached a tentative contract agreement with NewYork-Presbyterian, signaling a potential end to the longest nurses strike in New York City history.
NYSNA ratified contracts with Montefiore and Mount Sinai, clearing the way for nurses to return to work Saturday after walking off one month ago.
The longest and largest nurses strike in New York City history is set to end after over three weeks as NYSNA says it has a tentative agreement.
Mount Sinai Health System and Anthem Blue Cross Blue Shield failed to reach a contract agreement by Dec. 31, which means about 9,000 physicians are no longer considered in-network.
Brian Anthony Moreland is a Tony Award-nominated producer who has worked on numerous hit shows and joins a short list of Black producers working on Broadway.
Pokémon fans across New York City waited in live for special events marking the franchise's 30th anniversary.
Singer-songwriter Neil Sedaka, known for his hits like "Laughter in the Rain," "Breaking Up is Hard to Do" and "Calendar Girl," has died.
Streaming giant Netflix declined to match Paramount Skydance's $31 per share offer for Warner Bros. Discovery.
Harvey Weinstein has hired Luigi Mangione's and Sean "Diddy" Combs' lawyers to represent him at his third New York rape trial.
Anders Lee scored the go-ahead goal in the final minute, rookie Matthew Schaefer had two more goals and an assist and the Islanders edged the Panthers 5-4 on Sunday.
James Harden scored 22 points in his return to the lineup with a broken thumb and the Cavaliers snapped a two-game skid with a 106-102 win over the Nets on Sunday.
Mikal Bridges had 25 points and Jalen Brunson scored 24 to power the Knicks over the Spurs, snapping their 11-game winning streak Sunday.
The New York Islanders beat the Columbus Blue Jackets 4-3 on Saturday night for their fourth straight win.
The New Jersey Devils beat the St. Louis Blues 3-1 on Saturday to end a five-game losing streak.
The National Dance Institute in Harlem hosts a special camp twice a year to bring together dancers with and without special needs for a dance camp, proving anyone can take center stage.
Could New York City's harsh winter weather end up curbing the number of rats? Here's why experts are saying don't count on it.
A Jewish congregation in Brooklyn is fighting to save their historic house of worship.
Harlem's Lafayette Theatre is believed to be the first major New York City theater to desegregate, just a year after its opening.
Multiple rezonings in Queens are paving the way for tens of thousands of new units, but some residents worry about how it could affect their communities.
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.
The "All The Empty Rooms" exhibit connects to a CBS News documentary that takes viewers inside the homes of children lost to school shootings. CBS News New York's Hannah Kliger shows us how everyday spaces have become powerful memorials.
CBS News New York's Vanessa Murdock has your seven-day forecast.
A local rescue group is on a mission to fulfill his request. CBS News New York's Andrew Ramos has the story from Long Island City.
With its supreme leader dead, there's a clear process in Iran's constitution to choose who comes next. The question is will it be another ayatollah? Or, could this be the moment a very different kind of leader emerges? CBS News New York's Mahsa Saeidi reports.
Hezbollah claimed a strike on Israel and Israel struck back, hitting the Lebanese capital of Beirut. Meanwhile, police have increased security at religious sites in New York City. CBS News New York's Lisa Rozner has the story.
