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April 26, 2015 3:35 PM ET

Capital Markets

Company Overview of JPMorgan Chase Bank, N.A. Merkezi Columbus, Ohio - Istanbul Turkiye Subesi

Company Overview

JPMorgan Chase Bank, N.A. Merkezi Columbus, Ohio - Istanbul Turkiye Subesi provides investment advisory services to corporate customers, banks, and financial institutions. Its services include fund management, merger advisory, initial public offering advisory, project financing, treasury and forward exchange transactions, and interest risk management. The company was founded in 1984 and is based in Istanbul, Turkey. JPMorgan Chase Bank, N.A. Merkezi Columbus, Ohio - Istanbul Turkiye Subesi operates as a subsidiary of JPMorgan Chase Bank, National Association.

Büyükdere Cad. No.185

Kanyon Ofis Binasi Kat.8 34394

Levent

Istanbul,  

Turkey

Founded in 1984

Phone:

90 212 319 85 00

Fax:

90 212 319 86 64

Key Executives for JPMorgan Chase Bank, N.A. Merkezi Columbus, Ohio - Istanbul Turkiye Subesi

General Director and Member of the Board of Directors
Compensation as of Fiscal Year 2014.

JPMorgan Chase Bank, N.A. Merkezi Columbus, Ohio - Istanbul Turkiye Subesi Key Developments

Sears Canada And JP Morgan To Sell Credit Card Portfolio

Sears Canada Inc. (TSX:SCC) and JP Morgan Chase Bank, N.A. is planning to sell their jointly run credit card portfolio.

US Appeals Court Affirms Summary Judgment in Favor of JPMorgan Chase Bank on Foreclosure Case

The U.S. Court of Appeals for the 11th Circuit on September 30, 2014, affirmed a district court's grant of summary judgment in favor of JPMorgan Chase Bank NA on a foreclosure case filed against the JPMorgan Chase & Co. unit. According to the appeals court decision, Shawna Bates appealed from the U.S. District Court for the Middle District of Georgia's entry of summary judgment against her on all claims stemming from JPMorgan Chase Bank's actions with respect to a mortgage it holds on her home. The district court held that Bates failed to plead and support a cognizable claim for breach of contract. In addition, the court held that Bates failed to offer sufficient proof to support her claims of wrongful attempted foreclosure, trespass, and violations of the Real Estate Settlement Procedures Act. Bates claimed that the bank breached the mortgage deed by failing to comply strictly with certain regulations promulgated by the Department of Housing and Urban Development as part of the Federal Housing Administration lending program. The regulations were incorporated into her deed as conditions precedent to the power to accelerate and the power of sale. The appeals court said Bates has failed to substantiate two important elements of her claim for breach of contract: causation and damages.

CFTC Intends to Recommend Enforcement Action Against JPMorgan Chase Bank NA

The CFTC is considering taking JPMorgan Chase & Co. to court over the 'London Whale' fiasco. The potential court battle comes amid a lack of progress in settlement talks between the regulator and the bank over the huge trading loss. JPMorgan has already received a Wells Notice from the CFTC notifying the company that the agency intends to recommend enforcement action against unit JPMorgan Chase Bank NA in connection with trading activities in 2012. The company also agreed to pay a total of about $920 million to federal regulators in the U.S. and U.K. over deficiencies related to the 'London Whale' episode. But the CFTC decided to pursue its own case against the bank.

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