JPMorgan Chase

Big banks are skirting the rules on the sale of the complex financial instruments that helped bring about the 2008 financial crisis, by exploiting a loophole in federal banking regulations, a new report says.

The loophole could leave Wall Street exposed to big losses, potentially requiring taxpayers to once again bail out the biggest banks, warns the report's author, Michael Greenberger, former director of trading and markets at the Commodity Futures Trading Commission.

Columbus City Council last night approved two tax breaks totaling for Columbus-based Huntington Bancshares to convert a vacant Cleveland Avenue grocery store into an office building with 14 hundred workers.

A growing number of corporations are dropping or reducing their sponsorship of next month's Republican National Convention in Cleveland, according to a report by Bloomberg News.

JPMorgan Chase has agreed to pay 150 million dollars to public pension funds in Ohio and other states and individuals hurt by its 6 billion dollars "London Whale" trading loss.

WCBE Files

Newly released campaign finance reports in the Columbus mayoral race contain no surprises. 

Dozens of banking jobs are leaving central Ohio.

JPMorgan Chase will pay nearly 1.5 million dollars to settle a federal sexual harassment lawsuit that alleged the company created a hostile work environment for female mortgage bankers at its central Ohio office. 

JPMorgan Chase says it plans to cut nearly 450 jobs at offices in Columbus, Westerville and Gahanna by the end of the year.

Hundreds of JPMorgan Chase employees in central Ohio will be losing their jobs by the end of the year.

A civil rights group is suing Columbus-based Huntington Bank, alleging the firm improperly closed the personal and business accounts of hundreds of Arab-Americans.

JPMorgan Chase Gets State Tax Break

May 21, 2013

The Ohio Tax Credit Authority has approved a tax break for JPMorgan Chase to set up shop in a facility near the Tuttle Crossing mall, bringing 500 jobs to Dublin.

The city of Dublin is offering Wall Street giant JPMorgan Chase a 465 thousand dollar tax break to set up shot near the Tuttle Crossing mall, bringing 500 jobs to the city.