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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 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 Elizabeth Stanton, Donal Griffin and Hugh Son |
April 3, 2013
Bank of America Corp. and Citigroup Inc., the second and third biggest U.S. lenders, selected new managers to help run the firms’ rates-trading desks.
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By Gavin Finch and Liam Vaughan |
January 24, 2013
Christian Bittar reportedly lost about $53 million in bonuses after he was fired for trying to rig interest rates.
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By Roger Runningen and Joshua Gallu, Bloomberg |
January 24, 2013
Mary Jo White, who gained prominence prosecuting terrorists as U.S. attorney for Manhattan, will be named by President Barack Obama to be chairman of the Securities and Exchange Commission, according to a White House statement.
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By Joshua Gallu and Hans Nichols, Bloomberg |
January 18, 2013
Mary Jo White, the former U.S. attorney in Manhattan, is under consideration to become the next chairman of the Securities and Exchange Commission.
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By Sree Vidya Bhaktavatsalam, Bloomberg News |
December 4, 2012
Global banks, forced by regulators to reduce their dependence on profits from high-risk trading, have rediscovered the appeal of the mundane business of managing money for clients.
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By Hugh Son, Bloomberg |
October 17, 2012
Bank of America Corp. reported third-quarter results that were better than some analysts predicted as capital levels improved, and the shares edged higher in New York trading.
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By Christine Harper and Hugh Son, Bloomberg |
September 4, 2012
Shareholders of Wall Street banks who agree with former Citigroup Inc. Chief Executive Officer Sanford “Sandy” Weill that the companies should be broken up face an obstacle: Bondholders.
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By Whitney Kisling, Bloomberg |
August 2, 2012
Knight Capital Group Inc. has “all hands on deck” and is in close contact with creditors, clients and counterparties as it tries to weather trading errors that cost it $440 million, Chief Executive Officer Thomas Joyce said.
