
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."
Doctors say this is typically a time when respiratory viruses start to spread.
New York Department of Transportation says Regency Transportation was on the list because of failed inspections.
The house is in a sad state, and neighbors say the situation really stinks.
A judge threw out the case against ex-Philadelphia police officer Mark Dial in the death of Eddie Irizarry on Tuesday.
Thanks to a radio station, a law firm and a nonprofit coming together, more people are getting the help they need.
Doctors say this is typically a time when respiratory viruses start to spread.
New York Department of Transportation says Regency Transportation was on the list because of failed inspections.
The house is in a sad state, and neighbors say the situation really stinks.
Thanks to a radio station, a law firm and a nonprofit coming together, more people are getting the help they need.
Congress was in crisis mode Tuesday, trying to pass four short-term spending bills to keep some parts open.
We're in for another breezy day with lingering drizzle and highs in the low 60s.
While what Ophelia delivers won't be as intense as what was seen on Saturday, it's enough to warrant a Yellow Alert for all of Sunday.
As Ophelia slowly moves north, effects will still be felt across our area through Sunday.
Friday we'll see increasing clouds ahead of the storm that will likely impact your Saturday plans. Stick with CBS New York for the latest forecast and weather alerts.
Today we'll see mostly sunshine and low humidity with temperatures in the low 70s, but our First Alert Weather team is tracking rain that could impact your weekend plans.
Congress was in crisis mode Tuesday, trying to pass four short-term spending bills to keep some parts open.
Booker released a statement Tuesday morning, a day after Menendez spoke publicly about the claims against him.
We're in for another breezy day with lingering drizzle and highs in the low 60s.
Starting Monday, anyone can go to COVIDtests.gov to order up to four free at-home COVID tests per household.
Menendez has said the claims are false and he will not step down from Congress.
Thanks to a radio station, a law firm and a nonprofit coming together, more people are getting the help they need.
Two adults were killed and five students were critically injured in last week's crash in Orange County.
The volunteer first responders average one call a week for incidents on I-84, but the nearest interstate entrance is 4 miles from the firehouse.
O'Connor, the chief of colorectal surgery at Mercy Hospital on Long Island and a mother of one, comes from a law enforcement family and says service is in her blood.
Trip chaperone Beatrice Ferrari and band leader Gina Pellettiere died when the coach bus overturned on I-84.
Congress was in crisis mode Tuesday, trying to pass four short-term spending bills to keep some parts open.
"The documents here clearly contain fraudulent valuations that defendants used in business," Judge Engoron wrote in his ruling, ordering Trump's New York business certificates canceled.
The shelter at St. John Villa Academy, located in a mostly residential neighborhood, has been the site of constant protest.
President Biden said the UAW "saved the auto industry back in 2008," and should reap the benefits of profits now.
Booker released a statement Tuesday morning, a day after Menendez spoke publicly about the claims against him.
Americans still have ways to get vaccinated against COVID-19 at no out-of-pocket cost. Here's what to know.
O'Connor, the chief of colorectal surgery at Mercy Hospital on Long Island and a mother of one, comes from a law enforcement family and says service is in her blood.
Starting Monday, anyone can go to COVIDtests.gov to order up to four free at-home COVID tests per household.
The new CDC campaign to back the shots is called "Wild to Mild."
When you hear about menopause, we often think of women. But hormonal changes can also affect men as they age.
Through longer weekly episodes, "Survivor" will take a deeper dive into the players' stories as they're stranded on the stunning islands of Fiji.
The movie features a mostly Latino cast, Latino writers and a Latino director, carving a major milestone in Hollywood history.
David McCallum died Monday of natural causes.
NBC's "The Tonight Show Starring Jimmy Fallon" and ABC's "Jimmy Kimmel Live!" could return to the air as soon as early October.
Super Bowl LVIII will be at Allegiant Stadium in Las Vegas on Feb. 11, 2024.
With Monday's 6-4 win, New York finished 42-39 at Yankee Stadium, its poorest home record since 2014.
Zach Wilson couldn't do much against the Patriots in a 15-10 loss that was filled with missed opportunities, not enough plays and plenty of boos.
Taylor Swift and Travis Kelce later walked out of Arrowhead Stadium together, further fueling to the speculation that they are dating.
The New York Yankees missed the playoffs for the first time since 2016, getting mathematically eliminated with a 7-1 loss Sunday to the Arizona Diamondbacks as Zac Gallen pitched six innings and got his 17th win.
Mac Jones threw a touchdown pass, Matt Judon had a late safety and the New England Patriots extended their winning streak over the New York Jets to 15 games with an ugly 15-10 victory.
Doctors say this is typically a time when respiratory viruses start to spread.
CBS New York first brought you exclusive video this summer showing multiple thefts on 23rd Avenue at 21st Street.
The NYCLU obtained this information through litigation against the NYPD.
In 1978, a Coast Guard helicopter on routine patrol found oil flowing into the Newtown Creek.
Studies show nearly half of South Asian people in the United States report experiencing gender-based violence.
Thousands of people flooded Union Square on Friday for a PlayStation giveaway promoted by livestreamer Kai Cenat.
A crane went up in flames high above Manhattan, then partially collapsed onto the street below.
The Grammy Award winning singer who graced the stage for generations died at the age of 96.
A suspect has been charged in connection with a long-unsolved string of killings known as the Gilgo Beach murders.
The 47th annual Macy's Fourth of July Fireworks Show lit up the skies over the East River on Tuesday night.
CBS New York's Lonnie Quinn says the skies will clear up over the next few days, but a rain chance returns on Friday.
The 148 new grads include six veterans of the U.S. Armed Forces and four children of FDNY members who lost their lives in the line of duty or to 9/11-related illnesses. CBS New York's Hannah Kliger reports.
Doctors say this is typically a time when respiratory viruses start to spread. CBS New York's Shosh Bedrosian reports.
The computerized systems that make your car so convenient also make it an easier target for thieves. So much so, they're becoming experts at "car hacking." CBS New York's Ash-Har Quraishi reports.
The house is in a sad state, and neighbors say the situation really stinks. CBS New York's Tony Aiello reports.