Bear Stearns

• JPMorgan Chase sues Federal Deposit Insurance for over $1 billion: report

  JPMorgan has said in a US federal court complaint that is suing the Federal Deposit Insurance Corp to recover more than $1 billion tied to its purchase of Washington Mutual, which collapsed during the 2008 financial crisis.

• JPMorgan discloses wider probes of hiring, currency trading

  The company also said that it is being questioned about its currency trading by various authorities, which are in the early stages of their investigations.

• JPMorgan to pay tentative $13 billion to settle probes: report

  JPMorgan Chase & Co has reached a tentative $13 billion deal with the US Justice Department and other government agencies to settle investigations into bad mortgage loans the bank sold to investors before the financial crisis, a source familiar with the talks said on Saturday.

• Dow closes above 14,000 for the first time since October 2007

  US stocks rose to five-year highs on Friday, with the Dow closing above 14,000 for the first time since October 2007, after jobs and manufacturing data showed the economy's recovery remains on track.

• Financial crisis lawsuit suggests bad behavior at Morgan Stanley

  Hundreds of pages of internal Morgan Stanley documents, released publicly last week, shed much new light on what bankers knew at the height of the housing bubble and what they did with that secret knowledge. The documents suggest that people across the bank understood that the U.S. housing market was in trouble. They took advantage of that knowledg...

• Blackstone launching Asian real estate fund

  Blackstone Group LP is starting a new real estate fund focused on Asia as it seizes on a "golden moment" to buy and sell in the property market, its president said on Wednesday.

• JPMorgan lost up to $10 bn on Bear Stearns buy: Dimon

  JPMorgan Chase & Co Chief Executive Jamie Dimon said his company has lost up to $10 billion as a result of the government asking him to buy teetering Wall Street firm Bear Stearns during the financial crisis.

• Subprime lending crisis: NY attorney general sues JPMorgan over Bear Stearns securities

  The New York attorney general's office has hit JPMorgan Chase & Co. with a civil lawsuit, alleging that investment bank Bear Stearns prior to its collapse and subsequent sale to JPMorgan in 2008 perpetrated massive fraud in deals involving billions in residential mortgage-backed securities.

• Global banks still seen as risky five years after start of crisis

  Risk premiums for bank debt are highly unlikely ever to return to their former levels, both in the US, Europe.

• Top global banks have 'living wills' if they fail: Ten facts

  Nine of the largest global banks on Tuesday expressed confidence they can be salvaged or dismantled without taxpayer bailouts if they became insolvent, as U.S. regulators released public portions of these banks' "living wills". The documents, required by the 2010 Dodd-Frank financial reform law, aim to end too-big-to-fail bailouts by mapping out wa...

• Trading loss of $ 2bn is egg on our face: JP Morgan CEO

  JPMorgan Chase said on Thursday that it suffered a $2 billion trading loss from a failed hedging strategy.

• Bernanke defends Federal Reserve's response to financial crisis

  He said the regulatory overhaul gave the Fed new powers to wind down institutions without threatening the larger financial system.