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Jpmorgan Trading Loss

Billions Of Dollars In Fines Later, CEO Gets A Raise

Reuters | Posted 03.26.2014 | Business

NEW YORK, Jan 24 (Reuters) - Jamie Dimon, chairman and CEO of JPMorgan Chase & Co, will be paid $20 million for his work in 2013, restoring most of th...

Today's Bank Bailout Risk: Why Didn't We Stop This?

Janet Tavakoli | Posted 02.21.2014 | Business
Janet Tavakoli

The U.S. did not enforce existing securities laws, so no one should have confidence that new Dodd-Frank rules will have any meaningful impact. The U.S. banking system seems to have captured its regulators, Congress and the Treasury.

The Daily Szep -- JPMorgan

Paul Szep | Posted 12.29.2013 | Business
Paul Szep

2013-10-29-JPmorganfinesdanzig.jpg

Ex-Traders Indicted In 'London Whale' Scandal

Reuters | Jonathan Stempel | Posted 09.17.2013 | Business

NEW YORK (Reuters) - A U.S. grand jury has indicted two former JPMorgan Chase & Co traders at the center of the bank's "London Whale" scandal, court ...

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...

JPMorgan Emails Reveal Attempts To Ignore Rules That Curb Risk

Reuters | Emily Flitter | Posted 03.15.2013 | Business

* Quantitative expert suggested change in risk calculations * Bank risk group warned discussion should be kept out of email * Senate report expe...

What JPMorgan's Recently Released Internal Reports Unintentionally Say

John Fullerton | Posted 04.08.2013 | Business
John Fullerton

That regulators condone the continued use of VAR models and get pushed around on tougher capital and liquidity limits can only mean one thing: they have concluded that it's simply too dangerous to the system to reveal that the emperor has no clothes.

Here's What Every Business Can Learn From JPMorgan's $6.2 billion Mistake

Michael Kerman | Posted 04.01.2013 | Business
Michael Kerman

If there is a single, important lesson we can take away from the JPMorgan fiasco, it's this: Old approaches are out, and automation is in. The old approach of controlling and analyzing a business via spreadsheet-driven tools and processes is over.

New Twist In London Whale Scandal

Reuters | Posted 03.31.2013 | Business

* Investment bank bet against CIO in derivatives market * Bank said to have discussed merging opposing trade books * Opp...

London Whale Threatens Jamie Dimon's Bonus

The Huffington Post | Jillian Berman | Posted 01.13.2013 | Business

JPMorgan Chase will likely slash the bonus of its CEO Jamie Dimon over the bank's major trading loss earlier this year, according to a Wall Street Jou...

London Whale Boss SUED

Reuters | Posted 12.31.2012 | Business

By Anjuli Davies LONDON, Oct 31 (Reuters) - JPMorgan Chase & Co is suing the former boss of Bruno Iksil, the trader known as the Lond...

The Whale's Boss Under Fire

The Huffington Post | Alexander Eichler | Posted 08.03.2012 | Business

Everyone has a boss, even the London whale. Sources close to the investigation of JPMorgan Chase's $5.8 billion trading loss say the man made notor...

Guess Who Gets A Huge Check From JPMorgan Chase Every Year

The Huffington Post | Alexander Eichler | Posted 07.16.2012 | Business

The relationship between JPMorgan Chase and its regulators is gaining a bit more attention these days. Plenty of people have already registered t...

Ex-JPMorgan Broker: 'It Was All About The Money, Not The Client'

The Huffington Post | Alexander Eichler | Posted 07.03.2012 | Business

"It was all about the money, not the client." That's according to Warren Rockmacher, a former broker at JPMorgan Chase, as quoted in a recent New Y...

The Close Ties Between Congress And JPMorgan

ProPublica | Cora Currier | Posted 06.19.2012 | Business

By Cora Currier ProPublica JPMorgan Chase CEO Jamie Dimon is on Capitol Hill again today, this time to talk to the House Financial Services commit...

Dimon: 'We Disclosed What We Knew When We Knew It'

Reuters | Posted 08.19.2012 | Business

* Dimon says bank disclosed what it knew when it knew it * SEC is investigating whether JPMorgan misled investors * SEC'...

WATCH: Arianna And Elizabeth Warren Talk Jamie Dimon

Huff TV | Posted 08.14.2012 | Politics
Huff TV

Arianna appeared on MSNBC's 'Morning Joe' alongside Massachusetts senate candidate Elizabeth Warren, to discuss JPMorgan CEO Jamie Dimon's appearance ...

Dimon Cutters

Michael Farr | Posted 06.14.2012 | Business
Michael Farr

No matter what anyone tells you, it stands to reason that this European crisis is significant and will be around for quite a while longer. What will markets do?

Blankfein Fears A World In Which People Are 'Made To Ask Questions'

The Huffington Post | Alexander Eichler | Posted 06.13.2012 | Business

With Jamie Dimon called on the carpet before the Senate Banking Committee Wednesday, it almost seemed like for a moment bankers were going to be held ...

'Occupy The SEC' Has Exactly 11 Questions For Jamie Dimon

Posted 06.12.2012 | Business

Occupy the SEC has some questions for Jamie Dimon. Dimon, the CEO of JPMorgan Chase, the bank that lost $2 billion and counting last month due to ...

The SEC's Best Plan Of Attack Against JPMorgan

Reuters | Posted 08.12.2012 | Business

(Repeats story that ran earlier with no changes to text) * Altered risk model likely to be a focus for regulator * Undis...

NY Fed Chair: It's No Big Deal That JPMorgan CEO Is On Our Board

The Huffington Post | Alexander Eichler | Posted 06.11.2012 | Business

At least 36,000 people say JPMorgan Chase CEO Jamie Dimon should step down from the board of directors at the Federal Reserve Bank of New York. Lee...

What To Expect When Jamie Dimon Goes To Washington This Week

Reuters | Posted 08.10.2012 | Business

* JPMorgan chief to appear before Senate on June 13 * Likely to be pressed on how much trading losses have grown * Testi...

Goldman Employee Struggles With Inability To Regularly Visit Summer Home

Posted 06.08.2012 | Business

It’s summertime and the livin’ is easy. Unless, of course, if you work on Wall Street, where life kind of sucks right now, according to people who...

Fed Official: Volcker Rule Could Have Staved Off JPMorgan Loss

Reuters | Posted 08.06.2012 | Business

* Fed's Tarullo: Volcker will shed light on hedging trades * JPMorgan trading losses tied to failed hedging strategy * O...