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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, 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 Kit Chellel, Bloomberg |
October 31, 2012
JPMorgan Chase & Co. sued the executive responsible for supervising Bruno Iksil, the trader nicknamed the London Whale for market-moving wagers at the division responsible for a $6.2 billion trading loss.
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By Dawn Kopecki, Bloomberg |
October 12, 2012
JPMorgan Chase & Co., the biggest U.S. bank by assets, posted a record third-quarter profit that beat analysts’ estimates as mortgage revenue soared 72%.
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By Stanley Haar |
June 21, 2012
The Golden Rule of government, “Whoever has the gold makes the rules,” was on full display in Washington over the past week as JP Morgan’s Jamie Dimon appeared at hearings
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By Rick Green, Bloomberg |
June 12, 2012
Here’s a chronology of events leading to the disclosure and aftermath of JPMorgan's $2 billion 'hedging' loss.
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By Bradley Keoun, Bloomberg |
June 2, 2012
Bruno Iksil, known as the London Whale because his bets this year were so large, has been a leviathan of a risk-taker since at least 2010, reports say.
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By Lisa Abramowicz and Dawn Kopecki, Bloomberg |
May 21, 2012
Irvin Goldman, who oversaw risks in the JPMorgan Chase & Co. unit that suffered more than $2 billion in trading losses, was fired by another Wall Street firm in 2007 for money-losing bets that prompted a regulatory sanction at the firm, Cantor Fitzgerald LP, three people with direct knowledge of...
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By Craig Torres, Dakin Campbell and Dawn Kopecki, Bloomberg |
May 1, 2012
The Federal Reserve criticized how some of the 19 largest U.S. banks calculated potential losses and planned dividends in this year’s stress tests, people with knowledge of the process said.
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By Phil Mattingly and Silla Brush, Bloomberg |
March 28, 2012
Edith O’Brien, the Chicago-based treasurer of MF Global Holdings Ltd.’s broker-dealer, was pulled from back-office obscurity onto center stage last year in testimony to Congress by former chief executive Jon S. Corzine.