Icahn-Targeted Freeport Said to Work With JPMorgan on Strategy
Freeport-McMoRan Inc. is working with JPMorgan Chase & Co. to review its strategy after billionaire activist investor Carl Icahn bought a stake in the company, people familiar with the matter said. Freeport, More...
Gil Shwed: We are up against organized crime
In recent years, awareness has grown for the need for protection against cyber attacks as reflected by well-publicized attacks against major companies and government bodies. Only this week two Israeli hackers More...
US, Israel make arrests related to JPMorgan hack
Reuters, Ynetnews report US and Israeli law enforcement agencies have arrested four people in Israel and Florida related to securities fraud tied to computer hacks of JPMorgan Chase & Co and other financial More...
Nice Systems Gets Upgraded Rating from JP Morgan
– – Israel’s Nice Systems has seen JP Morgan Chase upgrade its rating from neutral to overweight. The news comes as the company releases a new office solution called Work Manager, a back More...
PMorgan $500 Million Bear Stearns Securities Deal Approved
JPMorgan Chase & Co.’s $500 million settlement with pension funds over Bear Stearns’s sale of mortgage-backed securities was approved by a federal judge. Bear Stearns, acquired by JPMorgan in More...
French Tycoon Drahi locks horns with ‘Mentor’ Malone for Time Warner Cable
French-Israel billionaire Patrick Drahi’s quest to become a major player in the US cable market has pitted him against his mentor John Malone, a US media mogul. Drahi, who last week acquired St. Louis-based More...
CEO Jamie Dimon Says He Feels Sorry for JPMorgan’s Investment Bank
JPMorgan’s investment bank was the stronger part of the bank, and the consumer bank, Chase, suffered during the financial crisis. Now, the situation has reversed to such an extent that Goldman More...
JPMorgan Data Breach Entry Point Identified: NYT
– A computer breach at JPMorgan Chase & Co earlier this year could have been avoided if the bank had installed a simple security fix to an overlooked server in its network, the New York Times More...