Jamie Dimon

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Jamie Dimon goes shopping from his biggest shareholders

May 8, 2013
JPMorgan Chase CEO Jamie Dimon is scrambling to keep his other title: chairman of the board. But the man who controls more assets than any other U.S. banker is in the market for one-year loans from his biggest shareholders: Their votes, call it political capital, at the upcoming shareholder meeting.
Posted In: Jamie Dimon, JP Morgan Chase

JPMorgan ignored risk warnings, misled investors: Report

Mar 15, 2013
Senate investigators are holding a hearing today on JPMorgan’s estimated $6.3 billion losses connected to a London trader known as the 'Whale.' New evidence from internal emails and phone calls suggests the blame may lie with even bigger fish in company.
Posted In: JPMorgan, London, Jamie Dimon

Cybersecurity in Obama's Situation Room

Mar 13, 2013
President Obama is meeting at the White House this morning with corporate CEO's to talk about cybersecurity. Obama told ABC News that computer attacks are ramping up, including some that are state sponsored.
Posted In: cybersecurity, Obama, Jamie Dimon

CEO Jamie Dimon: JPMorgan 'benefits from downturns'

Feb 27, 2013
Things that kill mere mortals only make JPMorgan Chase stronger.
Posted In: Jamie Dimon, JPMorgan

What bank profits say, or don't, about the economy

Jan 16, 2013
JPMorgan Chase and Goldman Sachs reported strong profit growth for 2012. But does their success reflect a stronger economy?
Posted In: JPMorgan, Jamie Dimon, Goldman Sachs, Banks

JPMorgan sorts out 'London Whale' consequences

Jul 13, 2012
JPMorgan Chase CEO Jamie Dimon spoke this morning about the company's solid quarterly earnings, but all the attention is on the massive $4.4 billion trading loss -- twice what they first thought -- and how the company will sort out the implications.
Posted In: JPMorgan, Jamie Dimon, London Whale

JPMorgan trading losses could total as much as $9 billion

Jun 28, 2012
Although originally estimated at about $2 billion, the total losses from JPMorgan's botched trade in derivatives could -- in a worst case scenario -- reach upwards of $9 billion, according to the New York Times.
Posted In: JPMorgan, Jamie Dimon

JPMorgan CEO Dimon goes before Senate

Jun 13, 2012
Chairman and CEO of JPMorgan Jamie Dimon will be grilled on a huge trading loss by the bank's unit in London.
Posted In: JP Morgan, Jamie Dimon, Senate

How a CEO prepares for Senate testimony

Jun 13, 2012
The CEO of JPMorgan has been summoned to Capitol Hill today. According to his prepared remarks, Dimon will apologize, saying he feels "terrible" about the $2 billion blunder.
Posted In: JPMorgan, banking, Jamie Dimon

Jamie Dimon has an uphill battle in the Senate

Jun 13, 2012
The JPMorgan Chase CEO testifies before the Senate Banking Committee today, trying to convince Congress that more bank regulation isn't needed, even after his company's $2 billion trading loss.
Posted In: JPMorgan, Jamie Dimon

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