JPMorgan Tightens Bond Grip as Whale Loss WeighsBloombergJPMorgan Chase & Co. is tightening its grip on the global corporate bond market while Bank of America Corp. sees its market share decline with issuance on pace to exceed $3 trillion for a fou…
New York TimesWill the Whale Swallow JPMorgan's 2nd-Quarter Earnings?New York TimesJPMorgan Chase's chief executive, Jamie Dimon, has given many assurances that, despite suffering big losses on botched derivatives trades, the bank will report s…
Hutchin Hill Said to Exit Bets Against JPMorgan's WhaleBloombergJPMorgan is seeking to contain a trading loss in its chief investment office that stood at $2 billion when it was disclosed almost seven weeks ago. Bloomberg …and more »
New York MagazineSaba's Weinstein exits bet against JPMorgan-sourcesReutersJPMorgan lost billions on other side of bet. * Saba main fund up 2.3 pct YTD through June 22 (Adds more detail on trade, JPMorgan bet). By Katya Wachtel …Saba's Weinst…
JPMorgan's Whale Sized Losses Risk Sinking The Mega-Banks …ForbesConclusions that the loss was a result of the top management's inability to oversee the bank's massive operations has sparked off another debate about the …Volcker Rule he…
Business InsiderBlueMountain Said to Help Unwind JPMorgan's Whale TradesBloombergThe trading surge in the contracts that fueled much of JPMorgan's loss follows a 35 percent reduction in the net amount of protection that dealers sold on the …T…
JPMorgan's Whale Trades Raise Cost of Hedging IG9 Company DebtBusinessWeekJPMorgan used the instruments to hedge exposure on loans and other credit risks tied to corporations, banks and sovereign governments. The losses emerged after the firm tried…
JPMorgan's Whale Trades Raise Cost of Hedging IG9 Company DebtBloombergJPMorgan used the instruments to hedge exposure on loans and other credit risks tied to corporations, banks and sovereign governments. The losses emerged after the firm tried to…
ValueWalkJPMorgan Losses Likely Increase as CDS NA.IG.9 Jumps this WeekValueWalkBy Paul Shea JPMorgan Chase & Co. (NYSE:JPM) have been taking a huge hit from trading in a little known index based on Credit Default Swaps movements. The loss was anno…
New York TimesJPMorgan's Iksil Took Big Risks Long Before LossBusinessWeekDimon has said the losses could grow and that it might take the rest of the year to liquidate trades at the unit, which is charged with managing the bank's idle cash to e…