The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. * Regulators investigating alleged interest-rate manipulation are hoping to reach settlements with at least three major financial institutions by the end of summer, according to a person familiar with the probes.* JPMorgan Chase & Co stepped up the pace of bank cost cutting, setting plans to eliminate 17,000 jobs by the end of next year and reduce expenses by at least $1 billion annually.
Financial Institutions, Inc. (FII) is a financial holding company. Shares of FISI traded higher by 1.38% or $0.27/share to $19.81. In the past year, the shares have traded as low as $15.22 and as high as $20.83. On average, 21679 shares of FISI exchange hands on a given day and today's volume is recorded at 21616.
JPMorgan Chase & Co. (JPMorgan Chase) is a financial holding company. Shares of JPM fell by 0.21% or $-0.1/share to $47.60. In the past year, the shares have traded as low as $30.83 and as high as $49.68. On average, 23587900 shares of JPM exchange hands on a given day and today's volume is recorded at 39407784.
Source
