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TEXT-Fitch affirms JP Morgan Commercial Mortgage 1997-C5Reuters… has affirmed one class of JP Morgan CommercialMortgage Finance Corp., … to pay off at maturity and incurs a loss when compared to Fitch's stressed value.and more »
Reuters (blog)JP Morgan's $2 billion experiment with truthinessReuters (blog)By David Cay Johnston JPMorgan Chase & Co blames its $2 billion, and maybe much larger, trading loss on mistakes made in hedging the market. Bill Black, a finance crim…
COLUMN-JPMorgan's 'hedginess': David Cay JohnstonChicago TribuneBy David Cay Johnston June 11 (Reuters) – JPMorgan Chase & Co blames its $2 billion, and maybe much larger, trading loss on mistakes made in hedging the market. Bill Black,…
European finance officials have discussed limiting the size of withdrawals from ATM machines, imposing border checks and introducing euro zone capital controls as a worst-case…
The Dodd-Frank financial reform legislation of 2010 stipulates that banks and the corporate entities that own banks should get out of the business of “proprietary…
Two former finance and political influence gods (Jon Corzine and Jamie Dimon) have tumbled back to earth. Yet, troublingly, the mythology that’s cowed the political…
3 Questions: Andrew Lo on JP Morgan's multibillion-dollar trading lossMIT NewsAndrew Lo, the Charles E. and Susan T. Harris Professor of Finance at the MIT Sloan School of Management Earlier this month, heavyweight bank JP Morgan Chase announced it…
The European bailout of 130 billion euros ($163.4 billion) that was supposed to buy time for Greece is mainly servicing only the interest on the…
Glenn Somerville has one of the first of what will surely be many articles handicapping possible Treasury secretaries come January. We know we’re going to…
