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By Dawn Kopecki, Bloomberg |
August 21, 2012
Wall Street, the global financial community reeling from public outrage, is proving incapable of finding a champion to replace Jamie Dimon.
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By Robert Schmidt and Michael J. Moore, Bloomberg |
August 3, 2012
The trading losses at Knight Capital Group Inc. renewed pressure on Washington regulators to prove they are equipped to protect investors in markets that are increasingly computerized and fragmented.
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By Phil Mattingly, Bloomberg |
July 3, 2012
In the U.K., a record fine for Barclays Plc has triggered outrage from lawmakers and forced resignations from the bank’s top executives. In the U.S., Wall Street’s defenders in Congress are sticking by the industry
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By Dawn Kopecki, Phil Mattingly and Steven Sloan, Bloomberg |
June 19, 2012
U.S. House members criticized regulators today for failing to detect JPMorgan Chase & Co.’s loss of at least $2 billion on risky derivatives trades and pressed for additional measures to ensure similar losses don’t occur in other banks.
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By Silla Brush, Bloomberg |
June 12, 2012
Senate Democrats are seeking to increase the budgets of regulators in spending plans that clash with House Republicans’ efforts to rein in the Dodd-Frank Act.
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By Silla Brush, Bloomberg |
June 5, 2012
U.S. House Republicans want to cut the budget of the CFTC and subject a new consumer financial protection agency to additional scrutiny.
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By Cheyenne Hopkins and Caroline Salas Gage, Bloomberg |
June 4, 2012
When is a hedge not a hedge? That’s the question regulators are confronting after JPMorgan Chase & Co. reported a $2 billion trading loss from a position Dimon called a “hedge.”
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By Jeff Greenblatt |
May 13, 2012
For stock markets to forge their future direction, what needs to rally hasn't, and what needs to break down might.
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By Phil Mattingly and Bradley Keoun, Bloomberg |
May 11, 2012
U.S. lawmakers and interest groups favoring tighter restrictions on proprietary trading said JPMorgan Chase & Co.’s $2 billion loss on synthetic credit securities bolsters their case.
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By Phil Mattingly, Bloomberg |
April 18, 2012
U.S. House panel approved a measure to repeal the federal government’s power to seize and liquidate the largest financial firms.
