A couple of minor technical problems called “business” and “life” have now intruded on my increasingly bogged down publication schedule that, in the interest...
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CNBC.comEuro Zone Crisis Will Endanger Even Good Companies: S&PCNBC.comThe euro zone debt crisis will continue to dominate European stocks in 2012, with even well-run companies in danger of being sucked into the morass, according to S&P Capital...
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Tiffany 1Q Net Edges Up But Americas Sales Disappoint; Cuts ViewWall Street JournalTiffany & Co.'s (TIF) fiscal first-quarter earnings edged up 0.6% from a prior-year period weighed down by charges as the jewelry retailer reported a weaker-than...
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JPMorgan Loss Is Bad Risk Management, U.K. FSA's Bailey SaysBloombergJPMorgan Chase & Co. (JPM)'s, trading loss in its London unit is an example of “bad risk management,” Andrew Bailey, head of banking supervision at the UK financial se...
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Investment board's JPMorgan losses unclearDaily Mail - CharlestonOne reader asked if the board has invested in JPMorgan Chase & Co. and Chesapeake Energy Corp. Jamie Dimon, JPMorgan Chase's chief executive officer, recently announced the co...
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Facebook, banks under fire for IPO; Congress will investigateNews & ObserverTwo congressional committees said Wednesday that they would conduct preliminary inquiries into the IPO. And attorneys filed two separate lawsuits alleging that average investor...
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AsiaOneSome Big Firms Got Facebook WarningWall Street JournalBy GINA CHON, JENNY STRASBURG and ANUPREETA DAS Capital Research & Management wanted to buy into the Facebook Inc. initial public offering. But days before the IPO, an underwriting bank o...
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JPMorgan Boosted Derivatives Bets Eightfold in First QuarterBloombergJPMorgan Chase & Co. (JPM) increased bets on credit derivatives on investment-grade debt eightfold in the first quarter, the period when the bank says it built trading positions t...
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Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses in Excess of $1 ...MarketWatch (press release)Specifically, whether JPMorgan misrepresented and/or failed to disclose that the CIO had engaged in extremely risky and speculative trades t...
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Kansas City StarLate rally erases steep losses on Wall StreetGrand Forks HeraldStocks are ending the day mixed after a sharp recovery in the last hour of trading. The Dow Jones industrial average closed down seven points Wednesday at 12496. In a May 17...
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JPMorgan Loss Shows Need to Measure Risk, Krawcheck Writes in FTBloombergJPMorgan Chase & Co. (JPM)'s $2 billion trading loss shows regulators need to focus on ensuring banks have enough capital relative to their risks, rather than trying to ba...
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International Business TimesJPMorgan Losses Give Boost To Sanders' Bank BillInternational Business TimesBy Laura Matthews: Subscribe to Laura's RSS feed The recent multibillion-dollar trading loss suffered by JPMorgan Chase & Co. (NYSE: JPM...
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JPMorgan Entangled in Lawsuit AgainZacks.comJPMorgan Chase & Co.'s (JPM - Analyst Report) huge mark-to-market loss of about $2 billion in the first six weeks of the second quarter has intertwined it in numerous troubles. According to Reuters, e...
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Brokerage issues 'buy' rating on FacebookChicago TribuneBrokerage Needham & Co. started coverage on Facebook Inc. with a "buy" rating, a rare positive take on the shares of the social network after they lost nearly a fifth of thei...
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BloombergMorgan Stanley, Goldman Sachs Sued Over Facebook IPOBloombergMorgan Stanley (MS), Goldman Sachs Group Inc. (GS) and JPMorgan Chase & Co. were sued along with other underwriters and Facebook Inc. (FB) by investors who claimed they were misl...
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WRAL.comUS stock futures follow Europe and Asia lowerWRAL.comNEW YORK — US stock futures followed European and Asian markets downward Wednesday as policy makers meet in Brussels to argue over how best to spur growth. Dow Jones industrial average futu...
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MarketWatchWhat Washington is eyeing after JP Morgan tradeMarketWatchBy Ronald D. Orol, MarketWatch WASHINGTON (MarketWatch) — While talk of breaking up big banks isn't likely to be translated into action in the wake of JP Morgan Chase & Co.&...
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PTT's $1.9 bln bid for Cove trumps ShellReuters* Cove backs Thai group PTT's bid of 240 pence a share * Cove had previously backed Shell's 220 pence a share bid * Shell declines to comment on its next move By Tom Bergin and Sarah Young LOND...
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USA TODAYJPMorgan Losses Become Tool in Dodd-Frank Debate on Capitol HillSan Francisco ChronicleMay 23 (Bloomberg) -- US lawmakers and regulators are seizing on the more than $2 billion in losses disclosed by JPMorgan Chase & Co. to bolster their p...
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USA TODAYKey regulators learned of JPMorgan loss from media reportsLos Angeles Times(J. Scott Applewhite/Associated Press / May 22, 2012) By Jim Puzzanghera, Los Angeles Times WASHINGTON — The public won't be protected from the type of risky bets...
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JPMorgan Joins MF Global in Lobbying Wins That BackfireBusinessWeekAlong with JPMorgan Chase & Co. (JPM) (JPM)'s recent $2 billion loss, MF Global's case demonstrates that an army of Washington lobbyists seeking to roll back US rules and re...
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BloombergJPMorgan Joins MF Global in Lobbying Wins That BackfireBloombergAlong with JPMorgan Chase & Co. (JPM)'s recent $2 billion loss, MF Global's case demonstrates that an army of Washington lobbyists seeking to roll back US rules and re...
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JPMorgan's Blunder Doesn't Mean US Should Bust Up BanksBloombergJPMorgan (JPM) Chase & Co.'s colossal $3 billion-and-counting trading blunder has breathed new life into long-simmering calls to break up big US banks. We agree they've...
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The RepublicWells Fargo highlights risk managementReuters* Bank doesn't use hedging strategy like JPMorgan-CRO * Targets 1.3 to 1.6 pct return on assets * Vows discipline on acquisitions By Rick Rothacker May 22 (Reuters) - Wells Fargo & Co doe...
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Toronto StarJPMorgan Hires Ex-SEC Enforcer McLucas in Loss InvestigationSan Francisco ChronicleMay 22 (Bloomberg) -- JPMorgan Chase & Co., the biggest US bank, has hired former US Securities and Exchange Commission enforcement chief William McLucas...
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New York TimesJPMorgan lobbied CFTC a day after losses revealedReutersBy Alexandra Alper | WASHINGTON (Reuters) - JPMorgan Chase & Co (JPM.N) officials met with the US futures regulator one day after revealing a $2 billion loss on trades booked in ...
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The League of Ordinary GentlemenJP Morgan's rally lifts financial sectorMarketWatchNEW YORK (MarketWatch) — Shares of JP Morgan Chase & Co. rose almost 5% on Tuesday, leading financial stocks higher as they began to rebound from a bruising se...
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Moves-JPMorgan, StephensReutersJPMORGAN CHASE & CO The bank has hired former US Securities and Exchange Commission enforcement chief William McLucas to assist the firm in probes of its loss of at least $2 billion on credit derivatives trades, accor...
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AFPJPMorgan Losses Become Tool in Regulatory Debate on Capitol HillSan Francisco ChronicleMay 22 (Bloomberg) -- US lawmakers and regulators are seizing on the more than $2 billion in losses disclosed by JPMorgan Chase & Co. to bolster their positio...
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JPMorgan Said to Hire Ex-SEC Enforcement Chief McLucasBloombergJPMorgan Chase & Co. (JPM), the biggest US bank, has hired former US Securities and Exchange Commission enforcement chief William McLucas to help respond to regulatory probes of the fir...
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