JP Morgan Boss Faces Grilling Over £1.2bn Loss106 JACK fmThe man whose bank lost at least $2bn is being hauled before American lawmakers to explain the blunder. JP Morgan Chase chief executive Jamie Dimon is to be grilled by the Senate Banking Committ…
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REPORT: JP Morgan’s London-Based Traders Had A Track Record Of Losing Tons Of … – Business Insider
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Business InsiderREPORT: JP Morgan's London-Based Traders Had A Track Record Of Losing Tons Of …Business InsiderThe details of JP Morgan's disastrous $2 billion (and counting) trading loss from its Chief Investment Office (CIO) continue to com…
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JPMorgan Chase & Co. (JPM) – MarketWatch
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JPMorgan Chase & Co. (JPM)MarketWatchBy MarketWatch That was the message from Washington, Wall Street and the media Friday as fresh reports surfaced about decision-making at Dimon's bank, JP Morgan Chase & Co. (NYSE:JPM) . Revelations of a …
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Big investors bought JPMorgan shares in 1st qtr | Reuters
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May 15 (Reuters) – Noted investors including mutual fund giant Fidelity Investments and hedge fund manager Leon Cooperman bought shares of JPMorgan Chase & Co in the first quarter, just before the stock was rocked by revelations of a surprise $2 billion trading loss… Boston-based Fidelity, one of the largest managers of U.S. mutual funds,…
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Sun Hung Kai says another director arrested – MarketWatch
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AFPSun Hung Kai says another director arrestedMarketWatchBy Chris Oliver, MarketWatch HONG KONG (MarketWatch) — Sun Hung Kai Properties Ltd.'s shares came under selling pressure Friday after revelations that the elder brother of the family that c…
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The Fed Loses Cred
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In the midst of the global financial crisis in 2008, the Federal Reserve lent Goldman Sachs, Credit Suisse and Royal Bank of Scotland at least $30 billion each at interest rates as low as 0.01 percent with no public disclosure of the details, Bloomb…
