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?
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?
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?
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.
May 16, 2012
Commentator Robert Reich says the Volcker Rule is not strong enough to prevent JPMorgan Chase-style loss.
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.
May 15, 2012
CEO Jamie Dimon says JPMorgan will consider “clawbacks” of salary and bonuses of those behind the $2 billion trading loss.
May 15, 2012
In Tampa, Fla. today, there's a JPMorgan Chase shareholder meeting going on. Not a great time for CEO Jamie Dimon to face shareholders, given the $2 billion trading loss he announced last week.
May 15, 2012
Jamie Dimon is facing shareholders at the bank's annual meeting in Tampa. It's a good bet there will be some tough questions about the $2 billion the bank lost on some big bets that turned bad.
May 24, 2012
New York bureau chief Heidi Moore discusses why JPMorgan's loss is a warning that suggests risky practices are taking place at other Wall Street banks.