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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 trade...

Taped Phone Conversations May Doom JPMorgan Chase Employees

AP | Posted 12.11.2012 | Business

NEW YORK (AP) — A published report says federal authorities are using taped phone conversations to build criminal cases connected to the $6 billion ...

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...

Guys, It's Okay To Buy JPMorgan Stock Because Jamie Dimon Is Doing It Too

AP | Posted 09.19.2012 | Business

NEW YORK (AP) — JPMorgan Chase CEO Jamie Dimon is boosting his stake in the bank by 360,000 shares. A regulatory filing Friday says D...

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...

JPMorgan Trading Loss Reportedly May Reach $9 Billion

AP | Posted 08.28.2012 | Business

NEW YORK -- JPMorgan Chase stock declined more than 2 percent on Thursday, making it one of the worst-performing banks, after a published report said ...

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'...

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...

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...