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.
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.
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?
The New York Rangers rallied to beat the Montreal Canadiens 5-4 on Saturday night.
Erika Kirk recalls the emotional fog of Charlie Kirk's assassination, addresses conspiracy theories and takes questions during a CBS News town hall hosted by Bari Weiss.
Jalen Brunson led the Knicks past the Magic 132-120 on Saturday, putting New York in the NBA Cup final.
The New York Islanders defeated the Tampa Bay Lightning 3-2 on Saturday night.
A large water main break in Waterbury, Connecticut, is impacting tens of thousands of residents.
UnitedHealthcare and NewYork-Presbyterian have roughly two weeks to reach an agreement or thousands of Medicare Advantage members could be forced to find care elsewhere.
The NYPD on Friday released never-before-seen videos and 911 calls from a November shootout on the Upper East Side.
The city is sharing new details about the historic $1 billion investment announced for the Coney Island Boardwalk, the largest in its century-long history
The cost of FIFA World Cup 2026 tickets may price out the tourists that New York and New Jersey have been expecting.
CBS News New York's Jennifer McLogan is not retiring just yet, but she is stepping back from her daily assignments.
A large water main break in Waterbury, Connecticut, is impacting tens of thousands of residents.
Accumulating snow across the Tri-State Area will be followed by bitter cold, with freezing on roadways and dangerous driving conditions likely even after it stops snowing.
Survivors of the 2012 Sandy Hook school shooting, families and lawmakers gathered in Washington, D.C., on Thursday to honor the lives lost and continue calls for action to end gun violence.
Connecticut is dealing with its first measles case since 2021, after a child, who is not vaccinated, contracted the virus while traveling internationally.
This brutally cold weather stretch in the New York City area means business — especially with snow increasingly likely in the coming days.
A judge in New Jersey agreed to release Mark Paulino from jail while he awaits a criminal trial for child pornography charges.
The cost of FIFA World Cup 2026 tickets may price out the tourists that New York and New Jersey have been expecting.
Accumulating snow across the Tri-State Area will be followed by bitter cold, with freezing on roadways and dangerous driving conditions likely even after it stops snowing.
A New Jersey man who was praised for trying to save an 82-year-old neighbor from a fire this summer has now been charged with her murder.
New Jersey prosecutors confirmed four arrests after a mass shooting in Newark left three people, including a mother and a little boy, dead.
A U.S. Postal Service clerk was caught on video stealing cards from the mail in a police sting on Long Island, according to investigators.
Accumulating snow across the Tri-State Area will be followed by bitter cold, with freezing on roadways and dangerous driving conditions likely even after it stops snowing.
Drone technology recently helped Suffolk County police catch an alleged shoplifter.
This brutally cold weather stretch in the New York City area means business — especially with snow increasingly likely in the coming days.
There is optimism that New York state will finally close the loophole in the law on drugged driving, perhaps in early 2026.
Erika Kirk recalls the emotional fog of Charlie Kirk's assassination, addresses conspiracy theories and takes questions during a CBS News town hall hosted by Bari Weiss.
Mamdani refused to recognize Israel's right to exist as a Jewish state during an interview on CBS News New York's "The Point with Marcia Kramer."
U.S. Secretary of Transportation Sean Duffy is threatening to pull millions of dollars in federal funding to New York.
Adm. Alvin Holsey relinquished command Friday in a ceremony at U.S. Southern Command headquarters after announcing early retirement amid U.S. buildup off of Venezuela.
Democrats on the House Oversight Committee on Friday released 19 photos from a trove of images obtained from the estate of Jeffrey Epstein.
UnitedHealthcare and NewYork-Presbyterian have roughly two weeks to reach an agreement or thousands of Medicare Advantage members could be forced to find care elsewhere.
Connecticut is dealing with its first measles case since 2021, after a child, who is not vaccinated, contracted the virus while traveling internationally.
Mixed nuts from Ohio-based Mellace Family Brands sold at some Wegmans stores could be tainted with Salmonella, FDA warns.
New York has no plans to change hepatitis B vaccine guidance after a Centers for Disease Control advisory panel voted to stop recommending a first dose for newborns.
In New York alone, there have already been more than 17,000 flu cases and nearly 1,000 hospitalizations, and doctors anticipate it's only going to get worse as more people gather for the holidays.
Peter Greene, best known for his role in "Pulp Fiction," has died at his home in New York City at 60 years old.
A woman struck and killed by a car in Midtown earlier this week was actress Wenne Alton Davis, police said.
The 2026 Met Gala co-chairs have been announced. Beyoncé, Nicole Kidman and Venus Williams are set to join Vogue's Anna Wintour.
President Trump is hosting the Kennedy Center Honors on Sunday after presenting medals to the 2025 Kennedy Center honorees during an Oval Office ceremony Saturday.
The iconic Wythe Diner was physically moved Saturday from its location in Williamsburg to Steiner Studios in Brooklyn's Navy Yard.
The New York Rangers rallied to beat the Montreal Canadiens 5-4 on Saturday night.
Jalen Brunson led the Knicks past the Magic 132-120 on Saturday, putting New York in the NBA Cup final.
The New York Islanders defeated the Tampa Bay Lightning 3-2 on Saturday night.
Stefan Noesen, Paul Cotter and Cody Glass each scored to help the Devils beat the Ducks 4-1 on Saturday.
Brady Cook will become the 55th starting quarterback in New York Jets history, and the first undrafted rookie to do so for the team since J.J. Jones in 1975.
The city is sharing new details about the historic $1 billion investment announced for the Coney Island Boardwalk, the largest in its century-long history
New York City officials have secured long-awaited funding to restore the 102-year-old Coney Island boardwalk.
Residents on East 57th Street say reckless drivers have caused life-altering injuries and even death, but despite petitions and years of advocacy, the city has yet to install a speed bump.
Neighbors in Brooklyn's Victorian Flatbush are expressing frustration after the city designated only part of their area as a historic district.
Brooklyn's Prospect Park is getting financing for a long-term project to battle the impacts of climate change, city leaders say.
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.
A massive manhunt is underway for the shooter who killed two students and hurt nine others on the Brown University campus Saturday. CBS News New York investigator Mahsa Saeidi reports, and former NYPD deputy commissioner Richard Esposito talks about what it takes to track down a suspect in situations like this.
CBS News New York's Craig Allen has your First Alert Forecast for December 13 at 11 p.m.
New York City is expected to get its first measurable snowfall of the season Saturday night into Sunday. CBS News New York's Andrew Ramos and Craig Allen report.
CBS News New York's Craig Allen has your First Alert Forecast for December 13 at 7 p.m.
A large water main break in Waterbury, Connecticut, is impacting tens of thousands of residents.
