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By Canaccord Genuity Morning Coffee |
May 22, 2012
News out of JP Morgan continued to be negative, as yesterday, the company announced that they would suspend share buybacks
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By Daniel P. Collins |
May 18, 2012
More than six months after bankruptcy, JP Morgan returns $168 million to MFGI
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By Press Release |
May 18, 2012
More than six months after MF Global filed for bankruptcy, JP Morgan returns $168 million in proceeds from excess MFGI collateral it held
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By Laura Litvan and Phil Mattingly, Bloomberg |
May 18, 2012
Republicans in the U.S. Congress were uniting behind a call to repeal all or part of the 2010 financial regulatory overhaul. Since JPMorgan Chase & Co. announced its $2 billion trading loss earlier this month, that front has splintered.
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By Canaccord Genuity Morning Coffee |
May 18, 2012
JP Morgan’s trading losses have increased by at least 50% in recent days, topping the $3-billion mark according to sources close to the matter.
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By Cheyenne Hopkins, Bloomberg |
May 14, 2012
The Office of Comptroller of the Currency said today that it is examining JPMorgan Chase & Co.’s activities and evaluating their transactions following a $2 billion loss
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By Canaccord Genuity Morning Coffee |
May 10, 2012
According to Credit Suisse, Moody's ratings review remains an overhang on the U.S. banking sector and could be an important catalyst for the bank stocks over coming weeks
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By Press Release |
April 4, 2012
The U.S. Commodity Futures Trading Commission (CFTC) today filed and simultaneously settled charges against JPMorgan Chase Bank, N.A. (JPMorgan) for its unlawful handling of Lehman Brothers, Inc.’s (LBI) customer segregated funds. The CFTC order imposes a $20 million civil monetary penalty
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By Daniel P. Collins |
March 28, 2012
For those holding out hope that the most recent Congressional hearings on the MF Global bankruptcy would clear up some confusion, Wednesday’s hearing before the House Financial Services Oversight and Investigations subcommittee entitled “The Collapse of MF Global: Part 3” was a huge disappointment.
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By Phil Mattingly and Silla Brush, Bloomberg |
March 24, 2012
Jon S. Corzine, MF Global Holding Ltd.’s chief executive officer, gave “direct instructions” to transfer $200 million from a customer fund account to meet an overdraft in a brokerage account with JPMorgan Chase & Co., according to a memo written by congressional investigators.