Jamie Dimon

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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

Warren Buffett on Jamie Dimon as Treasury Secretary, the fiscal cliff, and taxes

Nov 27, 2012
All the talk these days is about the likelihood of the U.S. Congress avoiding a fiscal cliff. You know who’s not worried? Warren Buffett. Plus, his views on the next Treasury Secretary, Oreos for breakfast, and taxing the rich.
Posted In: Warren Buffett, fiscal cliff, Jamie Dimon

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

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

Jamie Dimon apologizes, explains loss before Congress

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.
Posted In: bank, JPMorgan, Jamie Dimon

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