Kansas City StarJPMorgan leads a broad decline on Wall Street after report that its …Washington PostJPMorgan Chase is down sharply after The New York Times reported that its trading loss could be $9 billion, much larger than the bank has acknowledged…
Morgan Stanley faces Facebook fallout, limits damageIBNLive.comPalo Alto Networks executives also expressed concern about the botched Facebook IPO, but Morgan Stanley remains the lead underwriter, the sources said.and more »
BusinessLIVEANALYSIS-Morgan Stanley faces Facebook fallout, limits damageReutersRuckus hired Goldman to lead IPO after Facebook. * Some want all underwriters to play active roles. * Firms keep MS in lead IPO role despite Facebook …Analysis: Morgan St…
Analysis: Morgan Stanley faces Facebook fallout, limits damageReutersJust a week after the Facebook debut, Ruckus Wireless chose Goldman Sachs Group Inc (GS.N) over Morgan Stanley as the lead underwriter for its IPO, …and more »
Lawmakers Push for Overhaul of IPO ProcessAll Things DigitalThe lead underwriter of the Facebook IPO, Morgan Stanley, allocated to retail investors 26% of shares, much higher than the 15% allocation in a typical IPO.Lawmakers push for IPO revamp in wak…
'Likely' JPMorgan clawbacks rare on Wall StreetCNNJPMorgan Chase CEO Jamie Dimon said Wednesday that risky financial bets resulting in more than $2 billion in losses will "likely" lead to clawbacks of senior …News Summary: CEO says:…
Rep. Frank: J.P. Morgan's Losses Should Help SEC, CFTC FundingFox BusinessBy Andrew Ackerman As Senate lawmakers scrutinized bank regulators Wednesday for failing to oversee JP Morgan Chase & Co.'s multibillion-dollar trading losses, one to…
Financials Need To Lead Market Rally DanceSeeking AlphaOn May 10th, I was in the car when I heard that JPMorgan (JPM) had announced a huge trading loss after the bell. The Dow Jones Industrial Average (DIA) had already fallen 500 points off the high se…
Asian markets mostly up on Wall Street lead (via AFP) Asian markets mostly rose on Wednesday following a positive lead from Wall Street, while European…
Peter Spiegel, Brussels bureau chief at The Financial Times, told CNBC, “The concern is that the banking crisis in Spain has gotten so bad that…