Heidi N. Moore
May 14, 2012 JPMorgan Chase CEO Jamie Dimon faces shareholders tomorrow after the announcement of a $2 billion loss. He'll most likely get to keep his 2011 pay package, but expect changes in leadership elsewhere in the company.
May 11, 2012 Huge trading losses by America's biggest bank strengthen advocates of the Volcker Rule and tougher bank regulation.
May 11, 2012 JPMorgan CEO Jamie Dimon has been known as a crusader against tighter financial regulation. How will the bank's $2 billion loss affect regulatory efforts?
May 11, 2012 Economist Chris Low discusses the impact of JPMorgan's $2 billion loss and whether we should be concerned that it could happen at other banks.
May 10, 2012 On what were essentially bad and risky bets made by the bank. Still, CEO Jamie Dimon tried to play down the situation in today's conference call.
May 8, 2012 Bank overdraft rules are poorly understood, especially by two groups: the young and low-income consumers.
Heidi N. Moore
May 3, 2012 CEOs in the U.S. earned nearly $6 million on average, up 15 percent over last year and 28 percent the year before that.
May 4, 2012 As general wages stagnate, CEO pay rose 10 percent last year. Shareholders are increasingly challenging the pay packages. Some boards are listening.
May 2, 2012 European finance ministers are meeting today about how much money banks should have around in case of emergency. Banks argue the more that's set aside the less they have to lend and invest.
Apr 25, 2012 A report out today from the special inspector general who oversees the 2008 bank bailout known as TARP has some bad news about small banks. He says more than 300 small banks that borrowed money from the federal government during the financial crisis have yet to pay it back.