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Jpmorgan Chase Trading Loss

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 Told Feds Traders May Have Tried To Hide London Whale Losses

Reuters | Posted 09.15.2012 | Business

By Matthew Goldstein and Jennifer Ablan NEW YORK, July 16 (Reuters) - In a matter of days, the two-month-old criminal investigation in...

JPMorgan Raises Fraud Questions: Rising Trading Losses Top $5.8 Billion (Update)

Janet Tavakoli | Posted 09.15.2012 | Business
Janet Tavakoli

Questions swirl around the character and timing of Dimon's disclosures to shareholders. His public estimates of losses have been a fraction of reality, and it raises the issue of whether he has materially misled stockholders.

Report: Big Banks Take Risks Expecting Taxpayers To Cover Losses

AP | DAVID MCHUGH | Posted 08.24.2012 | Business

FRANKFURT, Germany — Governments, banks and households struggling with too much debt are dragging down the world's economy and more needs to be ...

'It Seems That Every Big Trading Disaster Happens In London'

Reuters | Posted 08.20.2012 | Business

By Huw Jones LONDON, June 20 (Reuters) - Calling London a haven of regulatory loopholes that spawns financial trading disasters could...

Whitney: Dimon's Testimony Proves He's 'The Antithesis' Of Blankfein

The Huffington Post | Jillian Berman | Posted 06.19.2012 | Business

If we’ve learned anything from JPMorgan Chase’s $2 billion trading loss, it’s that the bank’s CEO Jamie Dimon is a charmer. But what we di...

Dimon Heads Back To Capitol Hill

AP | MARCY GORDON | Posted 08.19.2012 | Business

WASHINGTON — JPMorgan Chase CEO Jamie Dimon had a much tougher reception Tuesday when he returned to Capitol Hill for a second round of question...

Mark Gongloff

Jamie Dimon Avoids Hard Questions At Hearing

HuffingtonPost.com | Mark Gongloff | Posted 06.13.2012 | Business

There were lots of remarkable questions during Jamie Dimon's Senate Banking Committee hearing -- remarkable mainly for how easy people were on the hea...

'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 ...

Krawcheck: JPMorgan Loss Begs The Question 'Why Was It Not Caught Sooner?'

Reuters | Posted 08.12.2012 | Business

(Refiles to change dateline to June 12) By Jessica Toonkel NEW YORK, June 12 (Reuters) - Veteran banker Sallie Krawchec...

How JPMorgan Got Around The Volcker Rule

Reuters | Posted 08.11.2012 | Business

By David Cay Johnston June 11 (Reuters) - JPMorgan Chase & Co blames its $2 billion, and maybe much larger, tradin...

Volcker: JPMorgan Loss Shows Banks Are Too Big

Reuters | Posted 08.07.2012 | Business

* Volcker says JPM loss may show banks too big to manage * JPMorgan announced massive trading loss last month * Volcker ...

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...

JPMorgan Executives May Have To Give Back Pay After Huge Loss

Reuters | Posted 08.05.2012 | Business

* OCC's Curry: to review compensation of unit in $2 bln loss * Says trading loss will impact earnings, but not solvency ...

Bombshell Report On BofA/Merrill Mess

The Huffington Post | Jillian Berman | Posted 06.04.2012 | Business

Mark Gongloff, HuffPostBiz's trusty financial news curator, is off so today's 7.5 Things is brought to you by Jillian Berman. Thing One: Merrill M...

JPMorgan Hires Ex-Government Enforcer To Help Probe Loss

Reuters | Posted 07.22.2012 | Business

May 22 (Reuters) - JPMorgan Chase & Co has hired former U.S. Securities and Exchange Commission enforcement chief William McLuca...

Regulator To Probe JPMorgan Trading Loss

AP | MARCY GORDON | Posted 07.21.2012 | Business

WASHINGTON -- The head of the Commodity Futures Trading Commission says the agency has begun an investigation into JPMorgan Chase's ill-timed bet on c...

Tim Geithner On Dimon: Fed Banks Have 'Perception 'Problem'

Posted 05.17.2012 | Business

Timothy Geithner is worried about a problem of perception. In an interview with PBS Newshour, Geithner was asked whether or not it is a conflict of...

Ben Hallman

Shareholders File Suits Over $2 Billion JPMorgan Loss

HuffingtonPost.com | Ben Hallman | Posted 05.16.2012 | Business

That didn't take long. Less than a week after JPMorgan Chase disclosed massive trading losses, investors who own bank stock have filed three different...

JPMorgan Unit Responsible For Huge Loss Played By Different Rules

Reuters | Posted 07.16.2012 | Business

By Matt Scuffham and Edward Taylor LONDON/FRANKFURT, May 16 (Reuters) - The JPMorgan Chase & Co. unit that lost more than $2 billi...

JPMorgan Was Warned About Risk Management A Year Before Huge Loss

Reuters | Posted 07.15.2012 | Business

By Emmanuel Olaoye NEW YORK, May 15 (Thomson Reuters Accelus) - CtW Investment Group, a labor-backed shareholder group, last year warn...

Dimon To Face Call From Major Shareholder To Give Up Role On Board

Reuters | Posted 07.15.2012 | Business

* CalPERS to lead calls for Dimon to give up chairmanship * Says if chairman was independent, could be better oversight ...

Elizabeth Warren: JPMorgan Debacle Shows 'Banks Cannot Regulate Themselves'

Posted 05.14.2012 | Business

The era of self-regulation on Wall Street needs to end now, Elizabeth Warren says. The Democratic candidate for Massachusetts Senate told CBS News...

JPMorgan Loss Raises Questions About Whether Regulators Were Asleep At The Wheel

Reuters | Posted 07.13.2012 | Business

* Shift from too big to fail to too big to manage and regulate * Massive trading loss raises questions about regulators ...

Huge Trading Loss Cast Doubts On Bank Stocks

Reuters | Posted 07.11.2012 | Business

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