JPMorgan Traders Took Risks They Didn't Understand, Dimon SaysBloombergJPMorgan's trading losses “could lead to a more stringent interpretation of the Volcker rule,” Standard & Poor's said in a May 11 report. “That, in turn, could…
New York TimesJPMorgan's fate is up to shareholdersThe Detroit NewsIt will be easy for senators to score political points Wednesday when JPMorgan Chase CEO Jamie Dimon testifies before the Senate Banking Committee about his bank's trading loss …
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…
Wall Street JournalVolcker rule could have flagged JPM trades earlierReuters* Fed's Tarullo: Volcker will shed light on hedging trades * JPMorgan trading losses tied to failed hedging strategy * OCC's Curry says JPMorgan red flags apparent in h…
New York Times5 ways JPMorgan's troubles may affect youFox BusinessBy Richard Barrington The trading errors that led to a more than $2 billion loss at JPMorgan Chase made national headlines. But what may not be immediately obvious is the impact thi…
JPMorgan Faced Failure in Risk Controls, Regulators SaySan Francisco Chronicle(Updates with Shelby comments on JPMorgan in ninth paragraph, Tarullo comments on Volcker rule and Europe in 19th paragraph.) June 6 (Bloomberg) — JPMorgan Chase & Co.&#…
New York Times'Volcker Rule' Would Have Forced JP Morgan Risk ReviewWall Street JournalJP Morgan would have to provide regulators with documentation showing this, he added. The bank's large trading loss is shaping the debate on the Volcker …
New York TimesVolcker rule could have flagged JPM trades earlierReuters* Fed's Tarullo: Volcker will shed light on hedging trades * JPMorgan trading losses tied to failed hedging strategy * OCC's Curry says JPMorgan red flags apparent in hindsi…
New York TimesWho's Talking About JP Morgan at the Senate Banking Committee HearingWall Street Journal (blog)Five key regulators appeared before the Senate Banking Committee on Wednesday to discuss risk in the financial system and JP Morgan's r…
New York TimesJPMorgan Faced Failure in Risk Controls, Regulators SaySan Francisco Chronicle(Updates with Johnson comment on losses in fifth paragraph, Merkley comments on Volcker rule in 11th paragraph.) June 6 (Bloomberg) — JPMorgan Chase & Co.&…