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The article discusses challenges facing Jes Staley, newly-appointed head of J.P. Morgan Chase & Co.'s investment bank. Staley must address animosity that has arisen between Morgan's London, England and New York City offices. He must also decide whether to continue Morgan's participation in a joint venture with Cazenove Group Ltd.

The article reports that Lehman Brothers Holdings Inc. is trying to sell itself. Potential buyers include Bank of America Corp. and Barclays PLC. It is believed that any purchaser would want guarantees concerning loss protection from the U.S. government similar to those received by J.P. Morgan Chase & Co. when it bought out Bear Stearns Cos. No deal for Lehman appears imminent.

The article presents results of a study by the publication that indicates several major banks have engaged in practices resulting in unusually low LIBOR dollar rates. Citigroup, Inc., J.P. Morgan Chase & Co., and UBS Ag are among firms believed to have understated their true borrowing costs for LIBOR.

The article reports that many bankers in the U.S. and other countries now believe the financial crisis in credit markets caused by the fall in U.S. housing prices will be longer and deeper than previously expected. The sale of Bear Stearns to J.P. Morgan Chase for the low price of $2 a share has heightened worry. Many financial services firms report their earnings for the first quarter of 2008 from March 17-21, 2008, which could either increase or lessen the anxiety.

The article focuses on pressure that a rescue plan for investment funds called structured investment vehicles, which was initiated by Citigroup Inc., Bank of America Corp. and J.P. Morgan Chase & Co., is under in November of 2007. The plan is under pressure because Moody's Investors said the funds were liquidating assets to meet their financial commitments

The article focuses on accounting concerns which have been raised for Citigroup Inc. as a result of its involvement in an $80 billion rescue fund for the U.S. credit market. Citigroup, J.P. Morgan Chase & Co. and Bank of America Corp have created the fund which will use structured investment vehicles (SIVs), and several accounting firms have questioned whether Citigroup and the other banks need to account for the SIVs on their own balance sheets.

The article reports on a decision from Wachovia Corp. to become involved in an $80 billion investment fund being developed by Citigroup Inc., J. P. Morgan Chase & Co. and Bank of America Corp., The pool has been developed to acquire mortgage assets and help financially struggling credit markets in the U.S.

The article reports on delays and changes which have been seen by banks, including J.P. Morgan Chase, which are attempting to raise nearly $40 billion in buyout related debt for deals with Chrysler Group and Alliance Boots PLC of the United Kingdom. The banks have had to find interest payments for investors that are higher than originally planned and have delayed their delayed their deals due to a lack of involvement of bond and loan investors.

The article reports on recent personnel appointments by Lehman Brothers in Europe. The article reports that while Lehman Brothers has increased its personnel in Europe, the investment bank still lags behind leaders J.P. Morgan Chase, Morgan Stanley, and Citigroup in terms of its size. According to the article, Lehman Brothers ranked 13th behind a number of U.S. and European investment banks.

Looks at the role of the investment bank HSBC Holdings PLC in the bidding war over British spirits giant Allied Domecq PLC. Report on how, unlike other investment banks such Goldman Sachs Group Inc. and J.P. Morgan Chase & Co., HSBC does not have a major role advising either Allied Domecq or any of the companies interested in acquiring a piece of it; Comments from investment banker John Studzinski regarding the bank's involvement; Potential for investor impatience.

The article reports on the impact of financial turmoil on the $27 billion London, England-based investment fund Sigma Finance Corp. in 2008. The investment fund is facing liquidation following a decline in the value of its investments. It mentions that Sigma is the only surviving investment fund that played a key role in the current financial crisis. Also noted is the decision of Sigma lender J.P. Morgan Chase & Co. to terminate its repurchase agreements (repo).

The article reports on the determination of bankers to accelerate the creation of a rescue plan for struggling investment funds. Bankers from Citigroup Inc., Bank of America Corp. and J.P. Morgan Chase & Co. are cooperating to create a superfund. Officials of the U.S. Department of Treasury remain optimistic in the completion of a superfund. The creation of the superfund faces several challenges.

The article reports on the planned creation of a super-size investment fund in the U.S. Bankers and other financial institutions have expressed interest in committing more than $60 billion in credit lines to create a planned superfund that will be used to support the ailing mortgage-securities market. The three U.S. banks organizing the fund, Bank of America Corp., J.P. Morgan Chase & Co., and Citigroup Inc., would come close to their goal of raising a fund of $80 billion to $100 billion if the expressions of interest turn into firm commitments.

Reports on the decision of J.P. Morgan Chase & Co. to give up its advisory role to the Nasdaq Stock Market in relation to the acquisitions bid of NSM for the London Stock Exchange PLC on March 13, 2006.

Reports on the efforts of American and European banks to invest in Asian countries. Attempts to purchase stakes in local banks as a means of reducing risks; Interest shown by J.P. Morgan Chase & Co. in purchasing a 13% stake in Standard Chartered PLC; Banks which are pursuing partnerships in Asia, including Bank of America Corp., Deutsche Bank AG and ING Groep NV.

Reports on the federal investigations focusing on the use of the international money-transfer industry by terrorists as a means of laundering money and discusses the efforts of banks to comply with regulators. Use of an account with J.P. Morgan Chase & Co. by the Carnival French Ice Cream store to launder $22 million for Al Qaeda; Dropping of small money-transfer business by banks in an effort to comply with laundering rules. INSET: Industry Under Scrutiny.

Reports that many major banks in the U.S. are looking for growth by buying other banks. Rise in the stock prices of banks, which have low-cost capital available and are experiencing a slow-down in internal growth prospects; Outlook of chief executive officer (CEO) Sanford Weill of Citigroup Inc. for retail-banking acquisitions; Consideration by CEO William Harrison of an acquisition to expand J.P. Morgan Chase & Co.'s consumer banking business; Consolidation in the U.S. banking industry, which has been occurring for almost a decade; Question of whether bankers have learned from their mistakes during the last round of mergers and acquisitions.

Focuses on the announcement of J.P. Morgan Chase & Co. that it will need credit costs for soured loans. Idea that the problem could occur throughout the investment banking industry; Motions to syndicate loans to other banks and investors to spread risk; Warnings of banks concerning third-quarter financial reports.

Reports on investment companies in the United States that have changed the individual definition of high net worth in order to gain additional investors who have less money invest. Investment banks including Charles Schwab, J.P. Morgan Chase, E*Trade, and Fidelity that offer the services of private money managers for a smaller initial investment. INSET: What Does It Take to Be Rich.

Reveals that the banker, J.P. Morgan Chase & Co. appears to have the biggest exposure in Tyco International Limited's loans.

The article reports that the bank J.P. Morgan Chase & Co. named Jes Staley as the chief executive officer (CEO) of its investment banking division, replacing its two co-managers Bill Winters and Steve Black. Winters, who had hoped to succeed James Dimon as the bank's CEO), announced his resignation from the company.

The article focuses on the plan of Bank of America Corp., Citigroup Inc. and J.P. Morgan Chase & Co. to ease the tight credit market situation and start soliciting other financial institutions for contribution to the Superfund in the U.S. The move is aimed at making funds available to structured investment vehicles who have been troubled by the credit crunch. Although some banks have signified informal interest to join, the real measure of their commitment will rest on the financial terms of the financial arrangement.

The article focuses on the U.S. $100 billion fund developed by bankers from Citigroup Inc., J.P. Morgan Chase & Co. and Bank of America, aimed at helping structured investment vehicles that have encountered problems due to lack of liquidity. The superfund was initiated by the U.S. Department of Treasury in September 2007. Some of the hurdles facing the launching of the superfund include the approval it is awaiting from the corporate management of the banks and the approval from the credit rating providers.

Reports on the decline in profit of J.P. Morgan Chase & Co. for the third quarter of 2002.

The article reports on several investors who own big stakes in Bear Stearns Cos. and incur losses from the banks's problems. One of these is British billionaire Joseph Lewis who has lost almost all of the $1.1 billion he spent building up his 9.6% stake in Bear. It states that Lewis decided to sell his stake to J.P. Morgan Chase & Co. for just $2 a share. Another investor is James Barrow of Barrow, Hanley, Mewhinney & Strauss Inc. who has a 9.95% stake in Bear.

Reports on the deal made between Marsh & McLennan Cos. and its creditors to waive clauses that would have allowed them to cut off financing. Avoidance of a cash shortage; Charges made against the company by New York Attorney General Eliot Spitzer alleging that they engaged in bid-rigging; Banks that fund the company, including J.P. Morgan Chase & Co., Citigroup Inc., and Bank of America Corp; Reasons why the company needs the waiver; Meetings between outside directors and Spitzer to discuss the charges.