- JPMorgan Chase Co. (JPM) (JPM) Chief Executive Officer Jamie Dimon said the bank made egregious mistakes and that the losses of about $2 billion tied to synthetic credit securities were "self-inflicted. (Businessweek)
- JPMorgan Chase Co. (JPM) Chief Executive Officer Jamie Dimon said the bank made egregious mistakes and that the losses of about $2 billion tied to synthetic credit securities were "self-inflicted. (Bloomberg)
- U.S. equity futures declined, the Australian dollar weakened and commodities slid as JPMorgan (JPM) (JPM) Chase Co. said it had a $2 billion trading loss after positions in credit securities proved riskier than expected. Japanese shares rose. (Businessweek)
- The news tonight that JPMorgan Chase [JPM] has lost $2 billion in trading (aka gambling), with risk of more losses to come, links with my article in Monday suggesting that such activities resemble those of "rats in a granary". (Forbes)
- About a month ago reports surfaced about a J.P. Morgan (NYSE: JPM) trader, Bruno Michel Iksil, taking outsized positions and moving markets, he has been dubbed the London Whale. After originally denying the power of this individual, J.P. (StreetInsider.com)
- TOKYO (Reuters) - Asian shares retreated on Friday, spooked by JPMorgans JPM.N $2 billion huge loss from a failed hedging strategy, with investors warily watching political turmoil in the euro zone as they await new Chinese data for clues on its growth outlook. (msnbc.com)
- (RTTNews) - Shares of JPMorgan Chase Co. (JPM: News ) slid 6 percent in after-hours trade Thursday, after a filing with the Securities and Exchange Commission revealed hefty losses in its synthetic credit portfolio. (RTT News)
- Research analysts at JPMorgan Chase (NYSE: JPM) lifted their target price on shares of Vitamin Shoppe (NYSE: VSI) from $47.00 to $56.00 in a report released on Wednesday. (zolmax.com)
- NEW YORK -(Dow Jones)- J.P. Morgan Chase Co. (NASDAQ)
Thursday, May 10, 2012
Jpm
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