Stories Tagged as
JPMorgan
A 'Whale watch' as JPMorgan reports earnings
Jul 13, 2012
The highlight of JPMorgan Chase’s second quarter earnings report will be an update on the trading loss by the so-called London Whale.
OCC to take closer look at JPMorgan's trading models
by
Jeff Horwich
Jun 29, 2012
The Office of the Comptroller of the Currency is flexing its regulatory muscle and wants to review JPMorgan's risk models.
JPMorgan trading losses could total as much as $9 billion
by
Kai Ryssdal
Jun 28, 2012
Although originally estimated at about $2 billion, the total losses from JPMorgan's botched trade in derivatives could -- in a worst case scenario -- reach upwards of $9 billion, according to the New York Times.
Jamie Dimon has an uphill battle in the Senate
Jun 13, 2012
The JPMorgan Chase CEO testifies before the Senate Banking Committee today, trying to convince Congress that more bank regulation isn't needed, even after his company's $2 billion trading loss.
Jamie Dimon's testimony was a wake for Dodd-Frank
Jun 13, 2012
JPMorgan CEO Jamie Dimon spoke before the Senate Banking Committee today, trying to explain the $2 billion loss his company made in trading. The committee went fairly easy on the banker.
How a CEO prepares for Senate testimony
Jun 13, 2012
The CEO of JPMorgan has been summoned to Capitol Hill today. According to his prepared remarks, Dimon will apologize, saying he feels "terrible" about the $2 billion blunder.
Senate Banking Committee's involvement in JPMorgan
by
Kai Ryssdal
Jun 13, 2012
Sixteen senators from the Senate Banking Committee have taken campaign contributions from JPMorgan's political action committee. We called them for comment.
For public good, not for profit.
Jamie Dimon apologizes, explains loss before Congress
Jun 13, 2012
JPMorgan CEO Jamie Dimon apologized for not doing a better job supervising trades that lost his bank billions. Dimon emphasized that while bank shareholders lost money, their clients and taxpayers did not.
JPMorgan Chase's Jamie Dimon to testify before Senate
by
Kai Ryssdal
Jun 12, 2012
The CEO of JPMorgan Chase will have to explain the $2 billion loss from a few weeks ago.
Why disclosure wasn't enough to stop JPMorgan losses
May 22, 2012
After the financial crisis of 2008, regulators focused on the idea of disclosure to prevent further problems in the financial industry. But what happens when the bank itself doesn't know how bad things are?