JPMorgan Chase's Jamie Dimon to testify before Senate

Jun 12, 2012
The CEO of JPMorgan Chase will have to explain the $2 billion loss from a few weeks ago.
Posted In: Jamie Dimon, JPMorgan

Why disclosure wasn't enough to stop JPMorgan losses

May 22, 2012
After the financial crisis of 2008, regulators focused on the idea of disclosure to prevent further problems in the financial industry. But what happens when the bank itself doesn't know how bad things are?
Posted In: banking, financial crisis, JPMorgan, Jamie Dimon

If JPMorgan lost on trades, who won?

May 21, 2012
JPMorgan Chase has gotten a lot of attention for its estimated $3 billion trading loss. But who were the winners in those bets?
Posted In: JPMorgan

JPMorgan losses now estimated at $3 billion

May 17, 2012
Problems continue to swell for the banking giant, whose reported $2 billion loss could actually now be something more like $3 billion.
Posted In: Jamie Dimon, JPMorgan, banking

JPMorgan trading loss grows by $1 billion

May 17, 2012
A week after JPMorgan said it lost $2 billion on complex trades gone bad, the bank reported is another $1 billion deeper in the hole. How's that?
Posted In: JPMorgan

FBI investigating JPMorgan for criminal behavior

May 16, 2012
The FBI is investigating possible criminal behavior at JPMorgan Chase after that $2 billion trading loss disclosed by the bank the other day.
Posted In: FBI, JPMorgan, Jamie Dimon

Time to bring back Glass-Steagall?

May 16, 2012
Commentator Robert Reich says the Volcker Rule is not strong enough to prevent JPMorgan Chase-style loss.
Posted In: JPMorgan, Volcker Rule, Glass-Steagall

JPMorgan CEO faces shareholders at annual meeting

May 15, 2012
Jamie Dimon is facing shareholders at the bank's annual meeting in Tampa. It's a good bet there will be some tough questions about the $2 billion the bank lost on some big bets that turned bad.
Posted In: JPMorgan, Jamie Dimon, shareholders

JPMorgan shareholder meeting today in Tampa

May 15, 2012
In Tampa, Fla. today, there's a JPMorgan Chase shareholder meeting going on. Not a great time for CEO Jamie Dimon to face shareholders, given the $2 billion trading loss he announced last week.
Posted In: banking, JPMorgan, Jamie Dimon

JPMorgan may take back pay over trading loss

May 15, 2012
CEO Jamie Dimon says JPMorgan will consider “clawbacks” of salary and bonuses of those behind the $2 billion trading loss.
Posted In: JPMorgan