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Jamie Dimon apologizes, explains loss before Congress
Heidi N. Moore Jun 13, 2012
JPMorgan CEO Jamie Dimon apologized for not doing a better job supervising trades that lost his bank billions. Dimon emphasized that while bank shareholders lost money, their clients and taxpayers did not.
Senate Banking Committee's involvement in JPMorgan
Kai Ryssdal Jun 13, 2012
Sixteen senators from the Senate Banking Committee have taken campaign contributions from JPMorgan's political action committee. We called them for comment.
Jamie Dimon's testimony was a wake for Dodd-Frank
Heidi N. Moore Jun 13, 2012
JPMorgan CEO Jamie Dimon spoke before the Senate Banking Committee today, trying to explain the $2 billion loss his company made in trading. The committee went fairly easy on the banker.
JPMorgan Chase's Jamie Dimon to testify before Senate
Kai Ryssdal Jun 12, 2012
The CEO of JPMorgan Chase will have to explain the $2 billion loss from a few weeks ago.
Why disclosure wasn't enough to stop JPMorgan losses
David Brancaccio May 22, 2012
After the financial crisis of 2008, regulators focused on the idea of disclosure to prevent further problems in the financial industry. But what happens when the bank itself doesn't know how bad things are?
OECD issues European recession warning
Stephen Beard May 22, 2012
The Organization for Economic Cooperation and Development warns the eurozone nations of severe recession risk, and calls on the European Central Bank to step in to stem the crisis.
If JPMorgan lost on trades, who won?
Sally Herships May 21, 2012
JPMorgan Chase has gotten a lot of attention for its estimated $3 billion trading loss. But who were the winners in those bets?
JPMorgan losses now estimated at $3 billion
Gregory Warner May 17, 2012
Problems continue to swell for the banking giant, whose reported $2 billion loss could actually now be something more like $3 billion.
JPMorgan trading loss grows by $1 billion
Stacey Vanek Smith May 17, 2012
A week after JPMorgan said it lost $2 billion on complex trades gone bad, the bank reported is another $1 billion deeper in the hole. How's that?
FBI investigating JPMorgan for criminal behavior
Gregory Warner May 16, 2012
The FBI is investigating possible criminal behavior at JPMorgan Chase after that $2 billion trading loss disclosed by the bank the other day.
