JP Morgan

Banks look to exit commodities

Jan 30, 2014
Regulators are starting to take a closer look at the industry.
Posted In: commodities, JP Morgan, Volcker Rule

Ex-JPMorgan employees charged. Who else should be worried by the London Whale?

Aug 14, 2013
Thanks to cooperation from Bruno Iksil, a.k.a. the London Whale, the Justice Department's charged two people for allegedly hiding the size of JPMorgan's $6 billion trading loss.
Posted In: JP Morgan, JPMorgan Chase, London Whale

Dimon keeps dual role, but JPMorgan shareholder vote a 'wake-up call' to management

May 21, 2013
Mike Mayo, banking analyst with CLSA, joined Marketplace Morning Report prior to today's shareholder meeting to discuss.
Posted In: JP Morgan, Jamie Dimon, ceo, banking, shareholders

JPMorgan, Goldman Sachs see earnings soar

Jan 16, 2013
Many of Wall Street's biggest banks are beating profit expectations as the mortgage business comes back.
Posted In: Earnings, Banks, Goldman Sachs, JP Morgan

JPMorgan civil suit could be a game changer

Oct 2, 2012
JPMorgan Chase is facing a new law suit: civil fraud charges in New York state, over mortgage-backed securities. How does this case differ from potential criminal charges?
Posted In: JP Morgan, mortgage-backed securities, Bear Stearns

Houston janitors fight for fair pay in economic boom

Jul 31, 2012
Janitors who clean the offices of some of the world's richest corporations in this Texas city are among the lowest paid in the country. They have been on strike this summer trying to raise the definition of a low-level wage.
Posted In: Houston, Janitor Strike, Income Gap, JP Morgan

Moody's downgrades: European or global problem?

Jun 22, 2012
Global markets are down about a percent this morning after the rating agency Moody's downgraded the credit ratings of 15 of the largest banks in the world. Among them, European institutions -- but also big American banks like JP Morgan Chase and Bank of America.
Posted In: JP Morgan, banking, Moody's, downgrades

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

What Did JP Morgan Get Itself Into?

May 17, 2012
As more details emerge about JP Morgan's money-losing "London Whale" trade, the goalposts are moving fast and it's harder than ever to explain what's going on.
Posted In: London Whale, JP Morgan, Jamie Dimon, losses