JPMorgan says bad trade loss has ballooned to $5.8BDetroit Free PressThe bank said managers tied to the bad trade had been dismissed without severance pay and that it planned to revoke two years' worth of pay from each of those executives.
New York TimesWho's paying for JPMorgan's loss?CNNMoneyJPMorgan said it would claw back up to 2 years of compensation from 4 employees, with more to come. Unclear if Dimon will face clawbacks.J.P. Morgan's loss: small enough to save DimonMa…
New York TimesWho's paying for JPMorgan's loss?CNNJPMorgan said it would claw back up to 2 years of compensation from 4 employees, with more to come. Unclear if Dimon will face clawbacks.JPMorgan traders may have hidden derivatives losses |Reut…
JPMorgan traders may have hidden derivatives lossesReutersJPMorgan may lose as much as $1.7 bln more in CIO trades* CIO will now focus on conservative investments* Q2 net EPS $1.21 vs $1.27 year earlier* Shares up 5.8 percentBy David Henry and Jed Horo…
AFPJPMorgan Chase launches a stock market rallySeattle Post IntelligencerInvestors were also relieved that JPMorgan's trading loss wasn't as bad as the most dire predictions. Wells Fargo, the other major bank reporting results Friday, said a ri…
USA TODAYRallying stocks…Relief at JPMorgan's loss…Ford taking a hit in EuropeNECNNEW YORK (AP) — The latest news from JPMorgan Chase today inspired investors to buy banking and other stocks. At midday, the Dow was up more than 150 points. NE…
PolicyMicJPMorgan, Wells results boosted by mortgage business |Reuters(Reuters) – JPMorgan Chase & Co and Wells Fargo & Co reported strong growth in their mortgage lending businesses and lower loan losses on Friday, offering signs of improvemen…
The GuardianJ.P. Morgan 'Whale' Losses Reach $5.8 BillionNASDAQNASDAQ News: J.P. Morgan 'Whale' Losses Reach $5.8 Billion.JP Morgan Chase's quarterly net and revenue fallMarketWatchJP Morgan botched bets lose £3.7bnWalesOnlineJP Mo…
Boston.comJPMorgan Chase launches a stock market rallySan Jose Mercury NewsNEW YORK—Stronger earnings from JPMorgan Chase and other big banks launched a stock market rally Friday.US STOCKS-Wall Street gains on JPMorgan, China dataReutersMorning Marke…
JP Morgan debt insurance eases on profitMarketWatchThe cost of insuring debt for J.P. Morgan Chase falls after the bank says it still earned money in the second quarter, even after accounting for a sizable investment loss.and more »