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Jpmorgan Chase

Shahien Nasiripour

JPMorgan Chase, Wells Fargo Report Record Profits As Lending Remains Constrained

HuffingtonPost.com | Shahien Nasiripour | Posted 04.12.2013 | Business

BOSTON -- JPMorgan Chase and Wells Fargo, two of the biggest US banks by assets, kicked off Wall Street’s earnings season on Friday by reporting rec...

JPMorgan Profits Hit Record High

AP/HuffPost | Posted 06.12.2013 | Business

NEW YORK -- JPMorgan Chase, the country's biggest bank by assets, says its first-quarter earnings soared, even as revenue fell slightly. The bank m...

Dimon: London Whale Was 'The Stupidest And Most Embarrassing Situation'

The Huffington Post | Posted 04.11.2013 | Business

OK Jamie, we get it: you are very, very embarrassed about the whole London Whale debacle. In a letter to shareholders released Wednesday, JPMorgan...

America's 9 Most Damaged Brands

24/7 Wall St. | Douglas A. McIntyre | Posted 04.11.2013 | Business

From 24/7 Wall St.: Brand reputations are among the most prized assets major corporations have. A look at relevant surveys shows that brand valuations...

Banks' Future Legal Bills Get Smaller Every Day

Mark Gongloff | Posted 06.04.2013 | Business
Mark Gongloff

Big banks' future legal bills just keep getting smaller all of the time. In the latest boon from the bench, JPMorgan Chase on Wednesday convinced U.S. District Judge Jed Rakoff to dismiss the vast majority of claims brought against it by Dexia, slashing JPMorgan's potential liability in the case to $5.7 million from $774 million, according to JPMorgan's lawyer.

Break Up the Big Banks Before They Do Any More Harm

Allan Brawley | Posted 06.02.2013 | Business
Allan Brawley

Breaking up these huge banks that are too big to fail, jail, or be regulated seems to be the only option on the table right now and Senator Brown, along with Senator David Vitter, is leading the effort to do just that.

Dimon Is Forever

Christopher Brauchli | Posted 05.30.2013 | Politics
Christopher Brauchli

JP Morgan Chase did a good thing and everyone should applaud. Its good thing was noted at the same time its bad things were making news. A good thing too. The good thing came within days of Senate hearings that would have caused all but Jamie Dimon to think there was little good to be said for the institution.

What Would Jesus Do? Jail the Bankers!

C. Robert Gibson | Posted 03.27.2013 | Politics
C. Robert Gibson

As Elizabeth Warren showed the world, the government officials trusted with the job of arresting bankers and bringing them to trial haven't done it and won't do it. So if you ask yourself, "What Would Jesus Do?", the answer is clear.

Matt Taibbi: JPMorgan Hearings Show 'We Have Absolutely No Idea What's Going On'

The Huffington Post | Bonnie Kavoussi | Posted 03.26.2013 | Business

If there's been one positive result of the largest U.S. bank grappling with $6.2 billion in trading losses, perhaps it's everyone else learning how li...

Bank on Being Bilked

Leo W. Gerard | Posted 05.25.2013 | Politics
Leo W. Gerard

Unless Americans step up the way Cypriots did and demand real regulation, as well as send the message that they don't trust Wall Street by moving their money to community banks and credit unions, they can bank on being bilked. Again.

147 People

Richard (RJ) Eskow | Posted 01.31.2014 | Politics
Richard (RJ) Eskow

147 people can change the course of history. Not necessarily the same 147 people, of course. But the small social groups which surround our world's leaders have extraordinary power.

JPMorgan Board's Abject Failure of Oversight

Raymond J. Learsy | Posted 05.23.2013 | Business
Raymond J. Learsy

In a classic example of crony board behavior, in spite of the grossly embarrassing Senate hearings highlighting massive fissures in JP Morgan's trading oversight and management, the Board of Directors said on Friday they would continue to support Mr. Jamie Dimon as BOTH the bank's Chairman and Chief Executive.

Dimon Probably Won't Lose One Of His Jobs

Reuters | Posted 03.22.2013 | Business

(Reuters) - The board of directors of JPMorgan Chase & Co said on Friday it "strongly endorses" keeping Jamie Dimon as both their chairman and as chi...

Mark Gongloff

JPMorgan Wins Actual Award For $6 Billion Loss

HuffingtonPost.com | Mark Gongloff | Posted 03.22.2013 | Business

What's dumber than JPMorgan Chase losing $6 billion in credit derivatives, along with its sterling reputation for crisis management? Giving JPMorgan a...

Big Businesses Offer Revolving Door Rewards

Project On Government Oversight | Posted 05.21.2013 | Politics
Project On Government Oversight

During former Citigroup executive Jack Lew's recent confirmation as Treasury Secretary, some people were troubled to learn that the big bank had promised him special financial awards if he left to take a job in the government. But a review by POGO shows that Lew's deal with Citi was no anomaly.

JPMorgan CEO: 'You Want To Have Problems In Society'

The Huffington Post | Posted 03.22.2013 | Business

CORRECTION: A previous version of this post mistakenly implied Jamie Dimon advocated for inequality and problems in society. Dimon's quote should be t...

Zach Carter

Dem On New Derivative Rules: 'This Could Come Back And Haunt You'

HuffingtonPost.com | Zach Carter | Posted 03.20.2013 | Politics

WASHINGTON -- A House Committee approved six new bills to deregulate Wall Street derivatives on Wednesday, advancing legislation that would expand tax...

Mark Gongloff

Regulator Gives JPMorgan Execs Bad Grades

HuffingtonPost.com | Mark Gongloff | Posted 03.20.2013 | Business

If you regularly insult and belittle your teacher, argue over whether to hand in homework and flunk the midterm exam, what grade do you expect to get?...

Jamie Dimon's Ultra-American Rise and Fall: The Great Gatsby Meets Moby Dick

Lynn Parramore | Posted 05.20.2013 | Business
Lynn Parramore

They called him a hero. The most esteemed banker of his time. The captain who could steer the ship while others foundered. Now the truth is out, and Wall Street's golden boy, Jamie Dimon, has fallen to earth with a thud. Why did it take so long?

Zach Carter

Wall Street Deregulation Roars Back On Capitol Hill

HuffingtonPost.com | Zach Carter | Posted 05.08.2013 | Politics

WASHINGTON -- A bipartisan cadre of House lawmakers will move on legislation to deregulate Wall Street derivatives Wednesday, less than a week after S...

Ben Hallman

Experts: JPMorgan Could Be In Serious Legal Trouble After 'London Whale' Blowup

HuffingtonPost.com | Ben Hallman | Posted 03.16.2013 | Business

Before Thursday, the fallout from JPMorgan Chase's $6.2 billion losses from the "London Whale" trade seemed limited to a scuffed reputation and some u...

Mark Gongloff

Dimon Allegedly Tells Regulators: 'I Don't Think You Need This Amount Of Detail'

HuffingtonPost.com | Mark Gongloff | Posted 03.15.2013 | Business

JPMorgan CEO Jamie Dimon reacted angrily when he found out that JPMorgan Chase's chief financial officer had given regulators data on JPMorgan's inves...

JPMorgan's Political Spending Hit Record High In 2012: Analysis

The Huffington Post | Caroline Fairchild | Posted 03.15.2013 | Business

JPMorgan Chase is spending record amounts to influence financial reform, a move that some critics say allowed the London Whale-scandals to remain a po...

Ex-Bailout Watchdog: JPMorgan's Actions 'Entirely Consistent With Fraud'

The Huffington Post | Bonnie Kavoussi | Posted 03.15.2013 | Business

Neil Barofsky, the former watchdog for the government's financial crisis bailout program, tweeted Friday that JPMorgan Chase appears guilty of "fraud,...

Bonnie Kavoussi

Damning Email Reveals Dimon's Role In Trading Fiasco

HuffingtonPost.com | Bonnie Kavoussi | Posted 03.15.2013 | Business

Jamie Dimon’s email response was direct and to the point. “I approve,” he wrote to an oversight body within his enormous bank, JPMorgan Chase, t...