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Jpmorgan

Dimon Practically Hand-Picked The Very Board That May Oust Him

Reuters | Posted 05.16.2013 | Business

By Nadia Damouni, David Henry and Ross Kerber May 16 (Reuters) - For years, JPMorgan Chase & Co Chairman and CEO Jamie Dimon and othe...

Dimon Gets Unanimous Support

Reuters | Posted 05.11.2013 | Business

* Directors warn shareholders not to vote against board, CEO * Seven-page letter defends directors on risk policy panel ...

State Accuses JPMorgan Of Unlawful Practices

AP | By DON THOMPSON | Posted 05.09.2013 | Business

SACRAMENTO, Calif. (AP) — California's attorney general sued one of the nation's largest banks Thursday, alleging that JPMorgan Chase & Co. used ill...

JPMorgan Facing Crackdown From Unlikely Regulator

Reuters | Posted 05.09.2013 | Business

May 8 (Reuters) - JPMorgan Chase & Co and some of its personnel face a possible enforcement action by the Federal Energy Regulatory ...

Jamie Dimon Likes Both His Titles, Thanks Very Much

The Huffington Post | Mark Gongloff | Posted 05.08.2013 | Business

Jamie Dimon likes his two jobs, thank you very much. Dimon, the CEO and chairman of the board of JPMorgan Chase, the biggest U.S. bank by assets, i...

Zach Carter

House Dems Embrace Wall Street Deregulation

HuffingtonPost.com | Zach Carter | Posted 05.08.2013 | Politics

WASHINGTON -- Just one day after Treasury Secretary Jack Lew wrote a letter urging lawmakers to reject a slate of Wall Street deregulation measures, n...

JPMorgan May Face Charges

Reuters | Scott DiSavino | Posted 05.03.2013 | Business

(Reuters) - The regulator of U.S. power markets appears likely to pursue manipulation charges against JPMorgan Chase & Co , analysts said, after a New...

Eleazar David Melendez

The 'Lindsay Lohan Of Banks'

HuffingtonPost.com | Eleazar David Melendez | Posted 05.03.2013 | Business

Two years ago, when CtW Investment Group began asking JPMorgan Chase & Co. to drop several members from its corporate board, Michael Pryce-Jones, a se...

Mark Gongloff

JPMorgan Chase Regulatory Troubles Now Even More Troubling

HuffingtonPost.com | Mark Gongloff | Posted 05.03.2013 | Business

JPMorgan Chase's many regulatory troubles are once again hurting the bank's stock. At some point you have to ask, when do they hurt management, too? ...

NYT: Regulatory Issues Dog JPMorgan

Dealbook | JESSICA SILVER-GREENBERG and BEN PROTESS | Posted 05.03.2013 | Business

Government investigators have found that JPMorgan Chase devised “manipulative schemes” that transformed “money-losing power plants into powerful...

JPMorgan Investors Have Had Enough: CEO Can't Be His Own Boss

Reuters | Posted 04.15.2013 | Business

NEW YORK, April 15 (Reuters) - JPMorgan Chase & Co should split the roles of chairman and chief executive officer to restore credibility with regul...

JPMorgan Profits Hit Record High

AP/HuffPost | Posted 04.13.2013 | 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...

Dow Working On Comeback After Decline

AP | STEVE ROTHWELL | Posted 04.05.2013 | Business

NEW YORK — The Dow Jones industrial average closed higher Thursday, regaining half of its decline the day before, as buyers returned to the mark...

HUGE Win For Big Banks

Reuters | Nate Raymond | Posted 03.29.2013 | Business

NEW YORK (Reuters) - A judge on Friday dismissed a "substantial portion" of claims facing a number of banks in a barrage of lawsuits accusing them of ...

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...

Report: JPMorgan Criminal Probe In 'Advanced Stages'

The Huffington Post | Posted 03.23.2013 | Business

CNBC is reporting that the Department of Justice is in "advanced stages" of a criminal probe into the JPMorgan Chase "London Whale" trades, investigat...

Jamie Dimon Gets Big Pay Cut

AP | Posted 05.22.2013 | Business

NEW YORK (AP) — The CEO of JPMorgan Chase, Jamie Dimon, received $18.7 million in compensation last year, according to regulatory documents the coun...

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?...

Eleazar David Melendez

Traders Bullied Colleagues As Large Losses Became Apparent

HuffingtonPost.com | Eleazar David Melendez | Posted 03.15.2013 | Business

As top executives inside a JP Morgan trading unit confronted massive losses on derivatives, they were so desperate to limit the damage that they did m...

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,...

Eleazar David Melendez

The Unknown Junior Trader Who Challenged The London Whale

HuffingtonPost.com | Eleazar David Melendez | Posted 03.15.2013 | Business

Julien Grout was nowhere to be seen in the Senate hearing room on Friday. But behind the scenes, this largely unknown figure had much to do with why h...

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...

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...

Mark Gongloff: JPMorgan's Sheer Gall On Full Display

The Huffington Post | Mark Gongloff | Posted 03.15.2013 | Business

Science has determined that people need to know 7.5 things per day, on average, about the world of business. You can't argue with science. Lucky for y...

Ben Hallman

Damning Report Slams Bank's Top Execs

HuffingtonPost.com | Ben Hallman | Posted 03.15.2013 | Business

A scathing report released by a Senate panel Thursday shows the financial crisis never really abated: The forces that delivered it -- a toxic combinat...