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By Christine Harper and Alexis Leondis, Bloomberg |
May 9, 2013
Bill Rubin, a senior investment analyst at BlackRock Inc. who picks financial-company stocks, didn’t mince words a year ago when he e-mailed JPMorgan Chase & Co. right after the bank disclosed a trading loss that ultimately cost more than $6.2 billion.
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By Dawn Kopecki, Bloomberg |
May 7, 2013
JPMorgan Chase & Co., the biggest U.S. bank, should oust most of its board and split Jamie Dimon’s dual roles as chairman and chief executive officer, shareholder advisory firm Glass Lewis & Co. said.
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By Donal Griffin |
April 24, 2013
Citigroup's CEO said the bank manages risks in a way that would avert multibillion-dollar losses like those suffered by JPMorgan.
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By Laura Marcinek and Donal Griffin, Bloomberg |
April 19, 2013
Bank of America Corp. and JPMorgan Chase & Co. led the six largest U.S. banks in boosting combined first-quarter profit 45%. Investors dumped the stocks.
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By Dawn Kopecki, Bloomberg |
April 12, 2013
JPMorgan Chase & Co.’s first- quarter profit rose 33 percent to a record on expense reductions and an improvement in consumer credit quality that allowed the bank to boost earnings by reducing loan-loss reserves.
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By Dawn Kopecki |
April 10, 2013
JPMorgan Chase & Co. will face more regulatory sanctions in the coming months due to record trading losses tied to bad bets.
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By Laura Marcinek |
March 28, 2013
An investment group implores JPMorgan not to re-nominate three risk committee members after disclosing more than $6.2 billion in losses.
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By Mary Childs |
March 18, 2013
The trader whose wagers cost JPMorgan $6.2 billion and led to his ouster may have unwittingly helped pick his replacement.
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By Dave Michaels |
March 16, 2013
Senate probe provided 900 pages of evidence that could help the SEC make the case that JPMorgan executives broke the law.
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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.