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By Pallavi Gogoi, AP Business Writer |
August 1, 2012
A technical glitch at a major processor of stock trades caused wild swings in a number of stocks. A "technology issue" is blamed.
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By Pallavi Gogoi |
July 26, 2012
AIG is launching a public relations campaign to repair its reputation.
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By Pallavi Gogoi, AP Business Writer |
July 18, 2012
Revenues from pension, mutual fund and hedge fund management were up 11 percent from last year, but dropped 32 percent after March 2012.
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By Pallavi Gogoi |
July 13, 2012
JPMorgan Chase said Friday that a bad trade had cost the bank $5.8 billion this year, almost triple its original estimate, and raised the prospect that traders had improperly tried to conceal the blunder.
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By Pallavi Gogoi |
July 12, 2012
It's been a scandal-filled few months for banks.
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By Pallavi Gogoi |
May 21, 2012
JPMorgan Chase CEO Jamie Dimon says the bank is suspending plans to buy back its own stock.
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By Pallavi Gogoi, Tamara Lush |
May 15, 2012
The CEO of JPMorgan Chase survived a shareholder push Tuesday to strip him of the title of chairman of the board, five days after he disclosed a $2 billion trading loss by the bank.
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By Pallavi Gogoi, Tamara Lush |
May 15, 2012
JPMorgan Chase CEO Jamie Dimon, facing shareholders five days after the bank disclosed a $2 billion trading loss, said Tuesday the company's mistakes were "self-inflicted."
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By Pallavi Gogoi |
April 9, 2012
Stocks pulled back sharply as Wall Street got its first chance to react to a slowdown in hiring in the United States in March.