Stories Tagged as
JPMorgan
How big of a deal is JPMorgan's loss?
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.
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.
How JPMorgan's blunder may impact regulation efforts
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?
What's an index of credit default swaps?
by
Paddy Hirsch
May 11, 2012
Big bets on an obscure index lay at the heart of JPMorgan's losses this week. Sr. Producer Paddy Hirsch explains how an index of CDS works.
London Whale: Meet the JPMorgan trader
May 11, 2012
JPMorgan's losses are being attributed to a London trader named Bruno Iskill, also known as the London Whale.
Weekly Wrap: JPMorgan, what happened?
by
Kai Ryssdal
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.
Explaining the risk behind JPMorgan's loss
by
Paddy Hirsch
May 11, 2012
Senior producer and host of the online explainer series The Whiteboard, Paddy Hirsch discusses the risks involved in JPMorgan's $2 billion loss.
For public good, not for profit.
Support fact-based, independent journalism with a gift to Marketplace today.
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.
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.
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.