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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.
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By Dawn Kopecki |
December 11, 2012
JPMorgan Chase & Co. was pressed by U.S. regulators to strengthen investor disclosures on proprietary trading almost a year before a bad bet cost the bank $6.2 billion.
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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 |
July 13, 2012
JPMorgan Chase & Co., the largest U.S. bank, reported a $4.4 billion trading loss in its chief investment office, bigger than analysts estimated
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By Shannon D. Harrington and Mary Childs |
June 26, 2012
Saba Capital Management LP, which bet that Bruno Iksil's large trades distorted credit-derivatives indexes, is exiting its positions as the bank unwinds.
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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 Phil Mattingly and Cheyenne Hopkins, Bloomberg |
June 6, 2012
JPMorgan Chase & Co.’s trading loss of more than $2 billion points to failures in the bank’s risk- management practices, U.S. regulators told lawmakers today.