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.
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?
May 16, 2012 New elections are scheduled for June 17th in Greece, but that may not be soon enough to calm fears at Greek banks. Almost a billion dollars worth of deposits was withdrawn on Monday alone.
May 16, 2012 With a new general election on the way in Greece and the country's membership in the European Single Currency in the balance, people in Greece are trying to keep their bank accounts from losing value if ever the euro is dropped. Greece's central bank chief says depositors pulled about $900 million about of bank accounts Monday alone.
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 16, 2012 Commentator Robert Reich says the Volcker Rule is not strong enough to prevent JPMorgan Chase-style 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 15, 2012 CEO Jamie Dimon says JPMorgan will consider “clawbacks” of salary and bonuses of those behind the $2 billion trading loss.
May 14, 2012 JPMorgan Chase CEO Jamie Dimon responded to questions about bank regulation on this weekend's "Meet the Press."