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By Press Release |
July 17, 2012
Testimony of Chairman Gary Gensler before the U.S. Senate Committee on Agriculture regarding progress in Dodd-Frank, PFGBest oversight and Libor manipulation scandal.
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By Cheyenne Hopkins, Bloomberg |
June 20, 2012
Federal Reserve Chairman Ben S. Bernanke said the Volcker Rule may have influenced the outcome of JPMorgan Chase & Co.’s $2 billion trading loss.
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By Canaccord Genuity Morning Coffee |
June 15, 2012
Credit Suisse expects the Federal Open Market Committee (FOMC) to vote next week for more policy accommodation.
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By Dawn Kopecki and Phil Mattingly, Bloomberg |
June 12, 2012
JPMorgan CEO Jamie Dimon said traders in a London unit responsible for a $2 billion loss didn’t understand the risks they were taking and weren’t properly monitored.
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By Max Abelson, Bloomberg |
June 11, 2012
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon plans to testify before Congress this week about his firm’s $2 billion trading loss. His Wall Street colleagues don’t understand why.
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By Max Abelson |
June 10, 2012
The firm's loses have sliced $27 billion from JPMorgan’s market value since the May 10 disclosure, while triggering at least five federal probes.
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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.
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By Michael J. Moore, Bloomberg |
June 6, 2012
Morgan Stanley has had talks with private-equity firms including Blackstone Group LP as the bank considers options for its commodities trading unit if the Volcker rule outlaws some activities.
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By Bradley Keoun, Bloomberg |
June 2, 2012
Bruno Iksil, known as the London Whale because his bets this year were so large, has been a leviathan of a risk-taker since at least 2010, reports say.
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By Ginger Szala |
June 1, 2012
June editor's note from Ginger Szala
