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By Cheyenne Hopkins |
March 14, 2013
JPMorgan Chase & Co. engaged in high-risk proprietary trading under the guise of ordinary hedging, said Senate investigators.
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By Dawn Kopecki and Cheyenne Hopkins |
February 3, 2013
The Office of the Comptroller of the Currency reportedly told lawmakers it missed changes to JPMorgan's risk-tracking system that might have flagged bad bets sooner.
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By Futures Staff |
February 1, 2013
In a year dominated by crises — both natural and political — squeezing our annual list of largest influencers down to 20 was difficult. One thing this year highlighted was that money and power trump all as we learned that — at least in the banking world — there are...
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By Cheyenne Hopkins |
January 17, 2013
JPMorgan Chase and a U.S. regulator reportedly will face criticism for lax oversight in a report by Senate investigators on the bank’s $6.2 billion trading loss.
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By Maria Kolesnikova, Bloomberg |
January 17, 2013
JPMorgan Chase & Co. led lending to commodities companies for a third consecutive year even as global financing to the industry fell to the lowest since 2010.
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By Dawn Kopecki, Hugh Son and Zachary Tracer, Bloomberg |
January 16, 2013
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon had his pay cut in half after a review of losses at the bank’s chief investment office found he bears responsibility for the blunders.
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By Dawn Kopecki and Jesse Hamilton, Bloomberg |
January 14, 2013
JPMorgan Chase & Co. was ordered by U.S. regulators to strengthen risk and auditing controls after the company lost more than $6.2 billion on botched derivatives trades last year.
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By Dawn Kopecki |
January 13, 2013
JPMorgan's board may consider releasing an internal report this week that faults CEO Jamie Dimon’s oversight for a loss of more than $6.2 billion on botched trades.
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By Anthony Effinger and Mary Childs |
January 8, 2013
Andrew Feldstein, the Harvard-educated lawyer who leads BlueMountain Capital Management LLC, has had a good run.
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By Dakin Campbell and Dawn Kopecki |
January 8, 2013
The bank CEO said some top executives “acted like children” in handling an errant trade that cost the company more than $6.2 billion last year.
