JPMorgan derivatives loss likely $4 bln to $6 blnReutersNEW YORK, June 28 (Reuters) – JPMorgan Chase & Co will likely lose $4 billion to $6 billion on its flawedderivatives portfolio, some two to three times as much as thecompany originally estimat…
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JPMorgan derivatives loss likely $4 billion to $6 billion – Reuters
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JPMorgan derivatives loss likely $4 billion to $6 billionReutersNEW YORK (Reuters) – JPMorgan Chase & Co will likely lose $4 billion to $6 billion on its flawed derivatives portfolio, some two to three times as much as the company originally estima…
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Wall Street flat in volatile trade; JPMorgan shares up – CNBC.com
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Globe and MailWall Street flat in volatile trade; JPMorgan shares upCNBC.comN> jumped as the bank's chief executive, Jamie Dimon, defended the intent of the portfolio behind JPMorgan's recent multibillion-dollar trading loss, telling …Wall…
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Wall Street flat in volatile trade; JPMorgan shares up – CNBC.com
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Globe and MailWall Street flat in volatile trade; JPMorgan shares upCNBC.comN> jumped as the bank's chief executive, Jamie Dimon, defended the intent of the portfolio behind JPMorgan's recent multibillion-dollar trading loss, telling …Wall…
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JPMorgan CEO Dimon Apologizes On Capitol Hill – NASDAQ
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JPMorgan CEO Dimon Apologizes On Capitol HillNASDAQDimon is appearing before the committee to discuss the recent losses in a portfolio held by JPMorgan's Chief Investment Office. The bank revealed in early May …
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Dimon Says JPMorgan ‘Let People Down’ on Credit Trades – Bloomberg
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BloombergDimon Says JPMorgan 'Let People Down' on Credit TradesBloombergPlay JPMorgan's Dimon: Trading Loss Was `Isolated Event' JPMorgan Chase & Co. (JPM) Chief Executive Officer Jamie Dimon said his traders didn't understand t…
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JP Morgan – Keep a defensive portfolio – FXstreet.com
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JP Morgan – Keep a defensive portfolioFXstreet.comJunya Tanase, chief forex strategist at JP Morgan in Tokyo. Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can wor…
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Volcker: JPMorgan loss shows banks too big to manage – Chicago Tribune
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Moneycontrol.comVolcker: JPMorgan loss shows banks too big to manageChicago TribuneFormer Federal Reserve Chairman Paul Volcker said JPMorgan Chase's recent multibillion-dollar trading loss may show that the nation's largest banks are too big t…
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Bank regulators trying to reduce risk in JPMorgan portfolio – Los Angeles Times
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New York TimesBank regulators trying to reduce risk in JPMorgan portfolioLos Angeles TimesBy Jim Puzzanghera WASHINGTON — Federal banking regulators have been meeting daily with JPMorgan Chase & Co. executives to reduce the risks in the trading po…
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Tarullo Says Fed Helping in Oversight of JPMorgan Portfolio – BusinessWeek
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Tarullo Says Fed Helping in Oversight of JPMorgan PortfolioBusinessWeekBy Craig Torres on June 05, 2012 Federal Reserve Governor Daniel Tarullo said the central bank is helping oversee JPMorgan Chase & Co.'s management of a portfolio that lost …