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14 May 2012, 8:50 am
The Canadian lender's TD Bank unit joined Bank of America Corp, JPMorgan Chase & Co and several smaller lenders in settling litigation over the fees, which are usually assessed when customers overdraw their checking accounts. [read post]
14 May 2012, 8:50 am
The Canadian lender's TD Bank unit joined Bank of America Corp, JPMorgan Chase & Co and several smaller lenders in settling litigation over the fees, which are usually assessed when customers overdraw their checking accounts. [read post]
14 May 2012, 8:46 am
Shares in the nation's biggest banks declined on Monday, as investors seemed to be worried about the continued fallout from JPMorgan Chase's $2 billion trading loss. [read post]
14 May 2012, 7:57 am
Morgan Chase wants to act like a crazed cowboy hedge fund and make wild exacta bets on the derivatives market, they should be welcome to do so. [read post]
14 May 2012, 7:44 am
Anyway, in a new “opinion piece,” Investment News describes the situation this way: Last month, after Bloomberg News broke the story that JPMorgan Chase & Co. [read post]
14 May 2012, 7:00 am
Securities expert witness and Columbia Law School professor John Coffee commented this week on JP Morgan Chase & Co.'s $2B loss. [read post]
14 May 2012, 6:27 am
Zames, a co-head of JPMorgan Chase's global fixed-income group and head of capital markets in its mortgage division, will succeed Ina Drew as chief investment officer. [read post]
14 May 2012, 5:34 am
. “The giant $2 billion trading loss at JPMorgan Chase highlights a central problem in President Barack Obama’s case for a second term: Four years after the financial crisis nearly brought the nation to its knees, very little appears to have changed. . . . [read post]
14 May 2012, 3:05 am
Stung by a huge trading loss, JPMorgan Chase will replace three top traders starting on Monday, including Ina Drew, one of the top women on Wall Street, Nelson D. [read post]
14 May 2012, 3:00 am
A shareholders' meeting was held on October 2, 2008, at which they approved by a vote of 11-1 the closing of the Surgicare purchase, the terms of a proposed loan from JPMorgan Chase to OBA, and certain by-law amendments permitting the transaction. [read post]
14 May 2012, 3:00 am
A shareholders' meeting was held on October 2, 2008, at which they approved by a vote of 11-1 the closing of the Surgicare purchase, the terms of a proposed loan from JPMorgan Chase to OBA, and certain by-law amendments permitting the transaction. [read post]
14 May 2012, 1:26 am
Like all human beings, even the CEO of JPMorgan Chase can simply be wrong. [read post]
13 May 2012, 6:32 pm
Via BusinessWire: "Fitch Ratings has downgraded JPMorgan Chase & Co.'s (JPM) Long-term Issuer Default Rating (IDR) to 'A+' from 'AA-'... [read post]
11 May 2012, 6:49 pm
While the $2 billion trading loss is not a huge threat to a bank as large and powerful as JPMorgan, it is a stark reminder that the banking system remains vulnerable to market shocks and has heightened concerns that big banks continue to make risky financial bets that could threaten the economy. [read post]
11 May 2012, 6:22 pm
JPMorgan Chase's $2 billion trading loss disclosed late Thursday is a rare misstep by the bank's chief, Jamie Dimon, who prides himself on having his fingers on the pulse of his 270,000-employee company. [read post]
11 May 2012, 5:58 pm
JPMorgan's latest troubles prove again that banks are still not careful enough about managing risk. [read post]
11 May 2012, 5:05 pm
In the wake of JPMorgan Chase's trading loss, leading members of Congress demanded that federal regulators strengthen proposed banking rules, The New York Times writes. [read post]
11 May 2012, 4:22 pm
Senator Bob Corker (R-TN), a key member of the Banking Committee, has called for expeditious hearings into the events surrounding the JPMorgan Chase & Co. trading losses. [read post]
11 May 2012, 1:03 pm
JPMorgan Chase's chief executive, Jamie Dimon, retaped an interview on NBC's "Meet the Press" after revealing that his bank had suffered a $2 billion trading loss. [read post]
11 May 2012, 12:53 pm
JPMorgan Chase and its chief, Jamie Dimon, have been among the most outspoken opponents of the Volcker Rule, spending significant amounts of both money and time to get their message across. [read post]
