0
votes
USA
JPMorgan Chase loss only going to get worse reply
By Maureen Farrell @CNNMoneyInvest May 20, 2012: 8:50 PM ET An overall drop in the market is exacerbating JPMorgan's losses tied to its bets on corporate bonds. NEW YORK (CNNMoney) -- One thing seems clear about JPMorgan Chase's $2 billion loss.

http://money.cnn.com/2012/05/18/markets/jpmorgan-loss/
Posted on: May 21, 2012 at 1:07 am
0
votes
USA
Obama uses JPMorgan loss to defend Wall Street regulations reply
JP Morgan headquarters in New York. In his weekly radio address, President Obama used the investment bank's recent $2-billion loss to defend Wall Street regulations from Republican critics. (Timothy A. Clary, AFP/Getty Images / May 15, 2012) By Lisa ...

http://www.latimes.com/news/nationworld/nation/la-na-obama-economy-20120520,0,3529860.story
Posted on: May 20, 2012 at 1:10 am
0
votes
USA
JP Morgan Struggles to Unwind Huge Bets reply
By GREGORY ZUCKERMAN and SCOTT PATTERSON JP Morgan Chase & Co. is struggling to extricate itself from disastrous wagers by traders such as the "London whale," in a sign that the size of its bets could bog down the bank's unwinding of the trades and ...

http://online.wsj.com/article/SB10001424052702303879604577412613778263918.html
Posted on: May 19, 2012 at 1:07 am
0
votes
USA
JPMorgan Loss Throws Republican Lawmakers Off Balance reply
Since JPMorgan Chase & Co. (JPM) (JPM) announced its $2 billion trading loss earlier this month, that front has splintered. Some are seeking investigations, with Senator Mike Crapo of Wyoming among those calling on JP Morgan Chairman and Chief ...

http://www.businessweek.com/news/2012-05-18/jpmorgan-loss-throws-republican-lawmakers-off-balance
Posted on: May 18, 2012 at 1:08 am
0
votes
USA
JPMorgan's Trading Loss Is Said to Rise at Least 50% reply
The trading losses suffered by JPMorgan Chase have surged in recent days, surpassing the bank's initial $2 billion estimate by at least $1 billion, according to people with knowledge of the losses. When Jamie Dimon, JPMorgan's chief executive, ...

http://www.cnbc.com/id/47455430
Posted on: May 17, 2012 at 1:11 am
0
votes
USA
JP Morgan chief apologizes for $2 billion loss reply
By Pallavi Golgoi and Tamara Lush, The Associated Press / May 15, 2012 Hillsborough Sheriff deputy patrols outside the gate of JPMorgan Chase annual stockholders meeting held Tuesday, May 15, 2012, in Tampa, Fla. Gleckman argues that a tax on security ...

http://www.csmonitor.com/USA/Latest-News-Wires/2012/0515/JP-Morgan-chief-apologizes-for-2-billion-loss
Posted on: May 16, 2012 at 1:07 am
0
votes
USA
JPMorgan CIO retires, Obama calls for reform | reply
By Matt Scuffham and David Henry | LONDON/NEW YORK (Reuters) - The leader of JPMorgan Chase & Co's hedging unit is retiring after trading losses that could end up exceeding $3 billion, a shortfall that President Barack Obama said might have led the ...

http://www.reuters.com/article/2012/05/15/us-jpmorgan-departures-idUSBRE84C0EP20120515
Posted on: May 15, 2012 at 1:07 am
0
votes
USA
JP Morgan May Lose Sway in DC reply
By SCOTT PATTERSON And VICTORIA MCGRANE If a $2 billion loss wasn't bad enough, JP Morgan Chase & Co. might have lost something else from its misfired trade: its clout in Washington. Since 2008, the biggest bank in America had established relatively ...

http://online.wsj.com/article/SB10001424052702303505504577402422815972562.html
Posted on: May 14, 2012 at 1:08 am
0
votes
USA
A black mark for JP Morgan CEO reply
And in 2008 and 2009, at JPMorgan Chase, Dimon built a fortress strong enough to stay profitable during the financial crisis. His zeal for cost-cutting and perceived mastery of risk did more than keep JPMorgan strong enough to bail out two failing ...

http://www.usatoday.com/money/companies/story/2012-05-12/jp-morgan-jamie-dimon/54924346/1
Posted on: May 13, 2012 at 1:07 am
0
votes
USA
After JPMorgan loss, a call for stricter oversight reply
FILE - In this Oct. 27, 2009 file photo, James Dimon, chairman and CEO of JP Morgan Chase & Co., speaks in New York. JPMorgan Chase, the largest bank in the United States, on Thursday, May 10, 2012 said that it lost $2 billion in the past six weeks in ...

http://www.seattlepi.com/news/article/After-JPMorgan-loss-a-call-for-stricter-oversight-3549598.php
Posted on: May 12, 2012 at 1:07 am
0
votes
USA
JP Morgan's $2 Billion Blunder reply
By DAN FITZPATRICK, GREGORY ZUCKERMAN and LIZ RAPPAPORT JP Morgan CEO Jamie Dimon said a so-called synthetic hedge was "poorly executed" and "poorly monitored. A massive trading bet boomeranged on JP Morgan Chase & Co., leaving the bank with at least ...

http://online.wsj.com/article/SB10001424052702304070304577396511420792008.html
Posted on: May 11, 2012 at 1:08 am
0
votes
USA
Chase Liquid: JPMorgan Chase's New Play For Low-Income Customers reply
JPMorgan Chase wants it all, catering to everyone from the richest customers who provide hefty returns on deposits to the poorest who are willing to pay fees for a la carte financial services. On Tuesday, the bank announced that it would launch its own ...

http://www.huffingtonpost.com/2012/05/08/chase-liquid-card-jp-morgan-chase_n_1501065.html?ref=business&ir=Business
Posted on: May 10, 2012 at 1:07 am
0
votes
USA
JPMorgan steers low-end clients to prepaid cards reply
NEW YORK (Reuters) - JPMorgan Chase & Co is seeking to move its least profitable checking customers into new prepaid debit card accounts to boost earnings in a business crimped by new regulations. The cards work like checking accounts except that ...

http://www.baltimoresun.com/business/sns-rt-us-jpmorgan-cardbre8471ca-20120508,0,7480282.story
Posted on: May 9, 2012 at 1:07 am
0
votes
USA
JPMorgan Chase Whistleblower: 'Essentially Suicide' To Stand Up To Bank reply
Linda Almonte has filed a whistleblower claim after exposing what she calls fraud at JPMorgan Chase. When Linda Almonte alerted her boss at JPMorgan Chase about potential fraud in a major deal she was helping to close, she expected him to applaud her ...

http://www.huffingtonpost.com/2012/05/07/linda-almonte-jpmorgan-chase-whistleblower_n_1478268.html?ref=business
Posted on: May 8, 2012 at 1:07 am
0
votes
USA
3 Reasons JPMorgan Will Hit New Highs In 2013 reply
JPMorgan (JPM) has been a solid performer in 2012, leading its financial peers. The stock has been on a tear thus far in 2012, posting an approximate 30% price gain year to date. The S&P 500, by comparison, has risen 10.6% year to date and 11.4% with ...

http://seekingalpha.com/article/563881-3-reasons-jpmorgan-will-hit-new-highs-in-2013
Posted on: May 7, 2012 at 1:07 am
0
votes
USA
JPMorgan's Dimon On The 1%: Hey Occupy Wall St, We're Not All Bad reply
With Occupy Wall Street making headlines again, JPMorgan CEO Jamie Dimon, who's been a target of the movement in the past, took a second to acknowledge some of their “legitimate complaints” on Thursday. While recognizing that Washington and Wall Street ...

http://www.forbes.com/sites/afontevecchia/2012/05/04/jpmorgans-dimon-on-the-1-hey-occupy-wall-st-were-not-so-bad/
Posted on: May 5, 2012 at 1:14 am
0
votes
USA
JP Morgan plans to acquire major stake in Technicolor reply
In a move to reduce its debt load, Technicolor said JP Morgan Chase & Co. would acquire as much as a 29% stake in the Paris-based media and entertainment technology company. Technicolor, which has a large digital services and post-production operation ...

http://latimesblogs.latimes.com/entertainmentnewsbuzz/2012/05/technicolor-jp-morgan-major-stake.html
Posted on: May 4, 2012 at 1:08 am
0
votes
USA
Technicolor says JPMorgan to take stake reply
PARIS (Reuters) - Technicolor said US bank JPMorgan Chase plans to take a stake of up to 29.96 percent in the French digital video specialist to help it cut debt and push through its turnaround plan. The transaction will take place through a twin ...

http://www.reuters.com/article/2012/05/03/us-technicolor-idUSBRE84207N20120503
Posted on: May 3, 2012 at 1:07 am
0
votes
USA
JPMorgan to Pay 1.9M in Damages reply
JPMorgan Securities LLC, a unit of JPMorgan Chase & Co. (JPM - Analyst Report), was directed by securities regulators to pay $1.9 million as compensation to a client, Ashley Furniture Industries, for damages pertaining to the sale of auction-rate ...

http://www.zacks.com/stock/news/74215/jpmorgan-to-pay-19m-in-damages
Posted on: May 2, 2012 at 1:06 am
0
votes
USA
JPMorgan's, Morgan Stanley's CEOs' pay endorsed reply
JPMorgan Chase and Morgan Stanley's executive compensation packages received endorsements from ISS Proxy Services, the firm whose negative recommendation helped sink a similar plan at Citigroup. JPMorgan and Morgan Stanley displayed "reasonable ...

http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2012/04/30/BU7C1OB568.DTL
Posted on: May 1, 2012 at 1:07 am
0
votes
USA
Annaly CEO's $35 Million From REITs Dwarfs Dimon Pay: Mortgages reply
By Jody Shenn on April 30, 2012 Annaly Capital Management Inc. (NLY) (NLY) Chief Executive Officer Mike Farrell was paid $35 million last year, more than the CEOs of the six largest US banks, from JPMorgan Chase & Co. (JPM) (JPM)'s Jamie Dimon to ...

http://www.businessweek.com/news/2012-04-30/annaly-ceo-s-35-million-from-reits-dwarfs-dimon-pay-mortgages
Posted on: April 30, 2012 at 1:07 am
0
votes
USA
JPMorgan: Stocks Should Benefit in Less Risky Times reply
The S&P 500 index can gain in second quarter, thanks to an improving economy and "less downside surprise to manage," the bank writes. Investors are getting spooked by the uncertainty created by the US fiscal cliff and deterioration in Europe, ...

http://online.barrons.com/article/SB50001424053111903591504577370021909081242.html?mod=googlenews_barrons
Posted on: April 28, 2012 at 1:07 am
0
votes
USA
JPMorgan Asset's Lewis Says `Overweight' US Stocks reply
Apr. 26, 2012 - Geoff Lewis, head of investment services at JPMorgan Asset Management in Hong Kong, talks about global financial markets. He also discusses the US economy, Europe's sovereign debt crisis, and China's economy.

http://www.washingtonpost.com/jpmorgan-assets-lewis-says-overweight-us-stocks/2012/04/26/gIQAje2RiT_video.html
Posted on: April 27, 2012 at 1:07 am
0
votes
USA
JP Morgan Agrees To Sell Metal Concentrates Unit To Freepoint reply
Connecticut-based futures firm Freepoint Commodities LLC agreed to acquire part of JP Morgan Chase & Co.'s (JPM) metal-trading business for an undisclosed sum, giving it another piece of the sprawling trading outfit once run by Royal Bank of Scotland ...

http://online.wsj.com/article/BT-CO-20120425-714497.html
Posted on: April 26, 2012 at 1:08 am
0
votes
USA
JPMorgan Taps Urwin for Asia Pacific CEO reply
JPMorgan Chase & Co. (JPM), the largest US bank by assets, named Jeff Urwin chief executive officer of Asia Pacific, replacing Gaby Abdelnour, who is leaving the firm. Urwin, 56, will add the role to his duties as head of global investment banking ...

http://www.bloomberg.com/news/2012-04-24/jpmorgan-taps-urwin-for-asia-pacific-ceo-replaces-abdelnour-2-.html
Posted on: April 25, 2012 at 1:07 am