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.
The new book "They Shall Not See the Dawn" by Charles Lachman is about a U.S. Army unit's manhunt for the most wanted Nazis of World War II.
ICE is defending operations they are conducting this week in Danbury, Connecticut, as some residents say they feel uneasy at what they are seeing on the streets.
As students get ready to go back to school, one New Jersey school district is taking a first-in-the-state approach to limit screen time.
Some families in Queens are desperate for answers as rescue teams continue to search for hundreds of people missing along the Nepal-China border.
Lightning may have started a church fire in Bergen County, New Jersey, on Thursday morning, neighbors say.
Some families in Queens are desperate for answers as rescue teams continue to search for hundreds of people missing along the Nepal-China border.
A new electronic device that's the size of a grain of rice is making a big difference for heart patients. For the first time ever, it was implanted in an adult born with a congenital heart defect.
Some people living in Queens have faced flooding several times this summer.
Two air traffic controllers at LaGuardia Airport left work early on the night of a deadly runway collision in March, a source familiar with the situation told CBS News.
Two men convicted of staging crashes on New York City highways to get fraudulent insurance payouts have been sentenced.
ICE is defending operations they are conducting this week in Danbury, Connecticut, as some residents say they feel uneasy at what they are seeing on the streets.
Severe weather warnings have started popping up as strong storms make their way through New York City and most of the Tri-State Area.
A nice stretch of weather kicks off the week in the New York City area before a heightened chance of rain returns.
Along with the increasingly humid conditions comes another chance of showers and storms overnight Saturday into Sunday.
Rainy weather returns to the New York City area Sunday, bringing with it the threat of flooding.
As students get ready to go back to school, one New Jersey school district is taking a first-in-the-state approach to limit screen time.
Lightning may have started a church fire in Bergen County, New Jersey, on Thursday morning, neighbors say.
Heavy rains brought more flooding to New Jersey on Thursday, which has endured repeated damaging floods so far this summer.
A crash involving a pickup truck and an electric dirt bike left an 11-year-old girl dead in Ocean County, New Jersey, authorities said.
Severe weather warnings have started popping up as strong storms make their way through New York City and most of the Tri-State Area.
A new electronic device that's the size of a grain of rice is making a big difference for heart patients. For the first time ever, it was implanted in an adult born with a congenital heart defect.
Severe weather warnings have started popping up as strong storms make their way through New York City and most of the Tri-State Area.
Nassau County Executive Bruce Blakeman says he will comply with New York's new law restricting police cooperation with ICE, but first, he blasted the governor. CBS News New York's Carolyn Gusoff reports.
Huntington native Jack Kennedy, 18, is making his Grand Slam debut in the U.S. Open this year.
Officers on Long Island deployed a drone to find the suspect after he robbed a home and ran away.
New York City Mayor Zohran Mamdani is backtracking again on the controversial rollout of his pied-à-terre tax.
The surge in arrests comes as the White House pushes ICE to hit a target of 2,000 per day.
Fifteen sheriffs across New York are asking a judge to block a new law preventing local law enforcement agencies from working with Immigration and Customs Enforcement agents.
The Trump administration said it may need to demolish the Kennedy Center if a plan to close the building for two years as part of a controversial renovation project pushed by President Trump and the organization's board is blocked.
State officials sent letters to agencies across New York instructing them to unwind agreements with ICE by Tuesday.
A new electronic device that's the size of a grain of rice is making a big difference for heart patients. For the first time ever, it was implanted in an adult born with a congenital heart defect.
Pennsylvania has recorded its first two deaths connected to measles in 35 years.
This year, ER visits for tick bites have increased dramatically, corresponding with a new threat: a rise in Alpha-gal syndrome (AGS), where one bite from a lone star tick can make you violently allergic to red meat. How can you best avoid tick bites?
A New Yorker has tested positive for West Nile virus, the city health department announced Wednesday.
Researchers say an alarming study on cognitive decline is specific to the African American community in Newark, New Jersey.
Tim Curry was known for his iconic performances in cult classics like "The Rocky Horror Picture Show" and the original screen adaptation of Stephen King's "It."
President Trump said that he would be "lowering the American flag" throughout the nation for one week in Dolly Parton's honor.
NYC's Empire State Building paid tribute to music legend Dolly Parton Tuesday night. Parton, 80, died Tuesday in Nashville, her family announced.
Dolly Parton became an icon over her six-decade career as a Grammy-winning singer-songwriter, movie and TV star and theme park owner who donated millions to help others.
The AMC Kips Bay 15 on Second Avenue has been open since 1999 but will shut down at the end of 2026, according to a spokesperson.
The Brewers beat the Mets 8-1 on Wednesday night, overcoming an injury to starter Dustin May after one pitch.
The New York Yankees pulled away for a 9-3 victory over the Houston Astros on Wednesday night.
Huntington native Jack Kennedy, 18, is making his Grand Slam debut in the U.S. Open this year.
Francisco Lindor scored the winning run on a throwing error in the 10th to lead the Mets past the Brewers 3-2 on Tuesday night.
The Houston Astros beat the New York Yankees 9-7 on Tuesday night.
The DSNY reported an increase in needle stick injuries for New York City sanitation workers.
A Queens homeowner says that overgrown city trees on her block are creating a safety hazard at night.
Neighbors say Flushing Meadows Corona Park has been falling into disrepair for years.
The owner of a beloved Harlem food truck known for its burgers under $5 is retiring and selling the business.
The historic Art Deco bathhouse at Jacob Riis Park is getting a new life as the Rockaway Ocean Club. But as the long-dormant building reopens, some locals are questioning who will have access to its amenities.
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.
Mary Calvi talks to Charles Lachman about his latest nonfiction thriller, "They Shall Not See the Dawn," which he says is the untold story about the greatest manhunt in history.
Drivers were trapped in floodwaters in Elizabeth, New Jersey, on Thursday. CBS News New York's Andrew Ramos reports.
From vintage posters to toys and celebrity memorabilia, what was once a hobby is becoming big business. The global collectibles market is valued at more than $300 billion. Gwen Baumgardner looks at what's driving the boom and what makes a piece of nostalgia worth millions.
CBS News New York's Scott Padgett has your First Alert Forecast for August 27 at 8:15 p.m.
Jury deliberations are now underway in the murder trial of Lindsay Clancy. She's accused of killing her three children and could face life in prison without parole if convicted. As Bradley Blackburn explains, the trial in Plymouth, Massachusetts, has put a national spotlight on maternal mental health.
