-
By Christina Rexrode |
April 12, 2013
JPMorgan Chase, the country's biggest bank by assets, says its first-quarter earnings soared, even as revenue fell slightly.
-
By The Associated Press |
February 4, 2013
Moody's analysts aren't pleased with the big pay package for the CEO of Jefferies Group Inc.
-
By Christina Rexrode |
January 16, 2013
JPMorgan Chase's Chief Executive Jamie Dimon will get his pay cut by half because of a trading loss that cost the bank more than $6 billion last year and drew sanctions from federal regulators.
-
By MARCY GORDON, AP BUSINESS WRITER |
January 15, 2013
JPMorgan Chase & Co. has been ordered to take steps to correct poor risk management that led to a surprise trading loss last year of more than $6 billion.
-
By The Associated Press |
July 23, 2012
Wild swings in stock markets across the globe weighed on the banking sector, with a growing number of investors rushing to put their money somewhere safe.
-
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.
-
By Pallavi Gogoi |
July 12, 2012
It's been a scandal-filled few months for banks.
-
By Kathryn Mayer |
June 15, 2012
I always knew folks in the insurance industry had it made.
-
By Staff Writer |
June 13, 2012
'In hindsight,' CEO Jamie Dimon told lawmakers, 'traders did not have the requisite understanding of the risks they took.'
-
By Marcy Gordon |
June 7, 2012
The new Volcker rule, which forces banks to better monitor their risks, may help avoid issues such as JPMorgan's catastropic $2 billion-plus loss.