JPMorgan

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Weekly Wrap: JPMorgan, what happened?

May 11, 2012
Reviewing the week's headlines on Wall Street and beyond. This week: Oh how the might have fallen -- JPMorgan's $2 billion loss.
Posted In: JPMorgan, Wall Street

JPMorgan takes a $2 billion fall

May 11, 2012
Huge trading losses by America's biggest bank strengthen advocates of the Volcker Rule and tougher bank regulation.
Posted In: JPMorgan, Jamie Dimon, bets, Wall Street, Volcker Rule

How JPMorgan's loss may affect European banks

May 11, 2012
Europe correspondent Stephen Beard discusses what Europe thinks about JPMorgan's $2 billion blunder and how it might impact how European banks do business.
Posted In: JPMorgan, Europe

JPMorgan Chase reveals $2 billion losses

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.
Posted In: JPMorgan, Jamie Dimon, Banks

Facebook IPO creates fanfare on Park Ave.

May 4, 2012
Mark Zuckerberg wasn’t there, but JPMorgan flew a Facebook flag as executives visited the bank’s headquarters ahead of Facebook’s IPO.
Posted In: Facebook, JPMorgan, IPO, investments

Wells Fargo and JPMorgan report big profits

Apr 13, 2012
The two major banks beat expectations with JPMorgan reporting a $5.4 billion profit last quarter, and Wells Fargo making a $4.2 billion profit. Both said an uptick in mortgage lending helped their bottom lines.
Posted In: Wells Fargo, JPMorgan, Banks, mortgage

Federal Reserve releases banks' stress test results

Mar 13, 2012
Turns out American banks are in a much better position financially than we thought.
Posted In: Banks, Federal Reserve, stress tests, Citigroup, JPMorgan, Wells Fargo, Bank of America, Goldman, Morgan Stanley

Chase slips up

Mar 2, 2012
A JPMorgan Chase executive said this week that clients who have less than $100,000 in deposits are unprofitable for the bank. New York bureau chief Heidi Moore discusses consumer reaction to that statement, and what it means for the bank.
Posted In: bank, deposits, too big to fail, consumer banking, retail banking, JPMorgan

J.P. Morgan profits despite its depositors

Feb 29, 2012
J.P. Morgan Chase is posting record profits and opening hundreds of new branches. But most depositors don’t make the bank any money at all.
Posted In: bank, JPMorgan, Chase, banking

Some banks offer extra incentive to short sell homes

Feb 8, 2012
Bloomberg News reports a case of a J.P. Morgan Chase letter to a homeowner that said "you could sell your home, owe nothing more on the mortgage, and get $30,000."
Posted In: short sell, foreclosure, JPMorgan, underwater mortgage

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