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By Carter Dougherty, Bloomberg |
May 23, 2013
U.S. bankers and insurers are trying to use trade deals, which can trump existing legislation, to weaken parts of the Dodd-Frank Act designed to prevent a repeat of the 2008 financial crisis.
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By Dawn Kopecki and Hugh Son |
May 21, 2013
JPMorgan Chase & Co. CEO Jamie Dimon survives a push to divide the roles after the biggest U.S. bank suffered a record trading loss.
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By Lu Wang and Inyoung Hwang, Bloomberg |
May 21, 2013
U.S. stocks rose, erasing earlier losses, after Federal Reserve Bank of St. Louis President James Bullard said the central bank should continue its bond buying to boost growth that is slower than expected.
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By Dawn Kopecki, Bloomberg |
May 21, 2013
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon won approval from investors to keep his chairman title in preliminary voting ahead of today’s shareholder meeting, according to two people with knowledge of the tallies.
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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.