Monday, May 14, 2012

Jp morgan chase

  • JP Morgan Chase, one of the banks taxpayers bailed out four years ago, is preparing to accept three resignations this week after losing two billion in risky bets gone bad. The companys CEO Jamie Dimon says he admits they missed red flags.
  • (msnbc.com)
  • ABOARD AIR FORCE ONE -- The White House says a $2 billion trading blunder by JPMorgan Chase shows the continued need for rules that protect the taxpayer when Wall Street makes mistakes.
  • (Huffington Post)
  • (Reuters) - The leader of JPMorgan Chase Cos hedging unit is retiring, the bank said on Monday, marking the first casualty from stunning trading losses that experts say could exceed $3 billion.
  • (KLFY.com)
  • Washington (CNN)-Less than a week after President Barack Obama made history by endorsing same-sex marriage, the president would not commit to fighting to have the Defense of Marriage Act, commonly known as DOMA, be repealed.
  • (CNN)
  • Fitch: JP Morgans LATAM Subsidiaries Rating Unaffected Business Wire NEW YORK BOGOTA, Colombia -- May 14, 2012 On May 11, 2012, Fitch Ratings downgraded JPMorgan Chase Co.
  • (Bloomberg)
  • NEW YORK -(Dow Jones)- J.P. Morgan Chase Co.s (JPM) new Chief Investment Officer, Matt Zames, announced a leadership team of four executives, moving quickly to revamp a unit that lost $2.3 billion on credit derivatives trades at the banking giant.
  • (Memo - NASDAQ)
  • Vermont politicians are demanding answers after JP Morgan Chase announced a 2-billion dollar loss. Last week the company made the loss public, saying it was the result of complicated hedge fund trading.
  • (WCAX)
  • RHINEBECK, N.Y., April 18, 2012 /PRNewswire/ -- Phoenix Marketing International (Phoenix), one of the fastest-growing research companies in the U.S.
  • (Yahoo Finance)
  • (NECN/NBC News: Tracie Potts) - JP Morgan Chase, one of the banks taxpayers bailed out four years ago, is preparing to accept three resignations this week after losing two billion in risky bets gone bad.
  • (NECN)
  • Elizabeth Warren's allies in the Massachusetts Democratic Party today called on US Senator Scott Brown to disclose any fund-raising ties he may have to JPMorgan Chase, the Wall Street bank that is under fire for a $2 billion trading loss.
  • (Boston Globe)

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