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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.
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By Craig Torres and Cheyenne Hopkins, Bloomberg |
February 4, 2013
Top U.S. bank regulators and lawmakers are pushing for action to limit the risk that the government again winds up financing the rescue of one or more of the nation’s biggest financial institutions.
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By Dawn Kopecki and Cheyenne Hopkins |
February 3, 2013
The Office of the Comptroller of the Currency reportedly told lawmakers it missed changes to JPMorgan's risk-tracking system that might have flagged bad bets sooner.
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By Futures Staff |
February 1, 2013
In a year dominated by crises — both natural and political — squeezing our annual list of largest influencers down to 20 was difficult. One thing this year highlighted was that money and power trump all as we learned that — at least in the banking world — there are...
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By Futures Staff |
February 1, 2013
Stormy in more ways than one, 2012 was a rough year. Here is our tongue-in-cheek look back over its defining events.
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By Dave Michaels |
January 26, 2013
Robert Khuzami, the SEC's enforcement chief, said the agency is focused on charging exchanges and traders when their actions allegedly harm investors.
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By Heather Perlberg and Dakin Campbell, Bloomberg |
January 22, 2013
Mortgage revenue at the four largest U.S. lenders is surpassing the costs of faulty home loans and foreclosures from the housing boom as Federal Reserve and government policies help fuel the recovery.