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 truck driver who spent two decades building a massive scale model of his native New York City was delighted when it went viral on TikTok.
A new rule allowing authorities to deny green cards to immigrants on the basis of being a public charge goes into effect Friday.
Racing returns to Belmont Park on Friday, more than three years after the iconic Long Island track was shut down for renovations.
A Brooklyn woman says her motherly instinct kicked in when a stranger allegedly tried to pull her 4-year-old son away from his grandmother.
The Phillies beat the Mets 3-0 Thursday night to tie the Cubs for the top NL wild card.
A truck driver who spent two decades building a massive scale model of his native New York City was delighted when it went viral on TikTok.
A new rule allowing authorities to deny green cards to immigrants on the basis of being a public charge goes into effect Friday.
Racing returns to Belmont Park on Friday, more than three years after the iconic Long Island track was shut down for renovations.
A Brooklyn woman says her motherly instinct kicked in when a stranger allegedly tried to pull her 4-year-old son away from his grandmother.
A Long Island man has been found competent to stand trial in his ex-girlfriend's 2025 shooting death.
Fire departments were hard at work in Paterson, New Jersey, and Fairfield County, Connecticut, due to flash flooding on Sunday morning.
Rainy weather makes a return to the New York City area this weekend.
After a week filled with periods of storminess and high humidity, a calmer and drier weather pattern is settling in for the holiday weekend.
Severe storms returned to the Tri-State Area, making it a soggy Thursday morning.
The rain returns Tuesday with the possibility of severe storms and downpours that can cause flash flooding in the New York City area.
Some people in Keyport, New Jersey, claim the site of a former aircraft manufacturing plant is to blame for a growing number of cancer diagnoses, but the state says otherwise.
A truck carrying a boom crane tipped over in River Vale, New Jersey, on Thursday, causing the crane to land on two houses, slicing one in half.
Family and the Bridgeton, N.J., community held a vigil Wednesday, marking seven years since Dulce Maria Alavez's disappearance.
A New Jersey Republican county chair has been charged with pointing a weapon at another driver in what state police call a road rage incident.
The missing person is a 64-year-old man from Southampton, Pennsylvania, who is set to be married in two months.
Racing returns to Belmont Park on Friday, more than three years after the iconic Long Island track was shut down for renovations.
Racing returns to Belmont Park more than three years after the track was shut down for renovations. CBS News New York's John Dias reports.
A Long Island man has been found competent to stand trial in his ex-girlfriend's 2025 shooting death.
A parent, an athletic trainer and security staff jumped into action Wednesday when a referee suddenly collapsed at a girl's junior varsity soccer game on Long Island.
A judge has ruled that a Long Island man is competent to stand trial for the 2025 shooting death of his ex-girlfriend.
A new rule allowing authorities to deny green cards to immigrants on the basis of being a public charge goes into effect Friday.
A carriage driver whose horse died in Central Park this summer is now suing the city, saying the horse was poisoned by a plant.
The plan to redesign a stretch of Park Avenue has changed a bit based on community feedback.
Presidents, prime ministers and diplomats from around the world will be in town, making it a very high-profile event.
Seventeen new modular public bathrooms are being installed across New York City as part of a yearlong pilot program.
A second person has died in the Legionnaires' disease cluster in the South Bronx.
Some people in Keyport, New Jersey, claim the site of a former aircraft manufacturing plant is to blame for a growing number of cancer diagnoses, but the state says otherwise.
Affordable Care Act recipients in 30 states are set to receive the $500 checks starting in October. Here's why.
One person has died and a total of five people have been sickened by Legionnaires' disease in the Bronx.
As of late August, the September 11th Victim Compensation Fund has received 112,000 claims, awarding more than $18 billion.
A truck driver who spent two decades building a massive scale model of his native New York City was delighted when it went viral on TikTok.
The Feast of San Gennaro is filling New York City's Little Italy with faith, music, games and many treats starting Thursday.
The iconic Peanuts character Snoopy is getting a new look for the 100th Macy's Thanksgiving Day Parade in New York City.
Aaron Rowe, Beoga, Lukas Graham and Finneas all released statements Tuesday on Instagram saying they were withdrawing from Ed Sheeran's tour.
The 78th Primetime Emmy Awards celebrated the best in television and streaming from the past year on Monday. See the full list of winners and nominees.
The Phillies beat the Mets 3-0 Thursday night to tie the Cubs for the top NL wild card.
Mets first baseman Jared Young was carted off the field in the sixth inning of Thursday night's game against Philadelphia.
Knicks fans were greeted with 2026-27 ticket price sticker shock earlier this week, only to have Madison Square Garden Sports Corp. later admit a mistake was made.
Pete Alonso homered against the Mets, a solo shot in the first inning that sent the Orioles to a 7-1 victory Wednesday night.
Luke Keaschall went 3 for 5 and scored from second base on Victor Caratini's game-ending single in the 13th inning to send the Minnesota Twins past the New York Yankees 5-4.
The People's Theatre now has its first permanent home in more than 15 years, thanks to help from theater legends from the neighborhood, like Lin-Manuel Miranda.
Brooklyn Greenway Initiative's 1.8-acre native plant sanctuary marks 10 years at a site where historians believe hundreds of human remains still lie
At a Bay Ridge school, students who were born years after the attacks are learning about Sept. 11 through the stories of parents, teachers and first responders who lived through it.
Former Mets players from the 2001 season were at Ladder 25 on the Upper West Side on Tuesday.
Grammy and Emmy Award-winning musician Lizzo made a surprise visit to meet Brooklyn students and debut her new children's book.
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.
Officers are looking for the man who they say stole packages and sports cards from a residential building Monday in Brooklyn.
An immersive pop-up will be open at 213 Bowery for cat lovers.
Dozens of people line up to see the show on the decommissioned ferry that the two comedians famously purchased.
Police say a man performed a lewd act on a 14-year-old girl on a bus Tuesday in Bay Ridge.
Racing returns to Belmont Park more than three years after the track was shut down for renovations. CBS News New York's John Dias reports.
