Monday, May 14, 2012


  • At last, JPMorgan (JPM) shareholders and their political representatives might find out exactly what transpired within the JPM Chief Investment Office.
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  • WASHINGTON -(Dow Jones)- A U.S. bank regulator said Monday it is reviewing the $2.3 billion trading loss that J.P. Morgan Chase Co.
  • (NASDAQ)
  • Following the disclosure of $2 billion trading loss in the first six weeks of the current quarter, two major ratings agencies – Fitch Ratings and Standards Poor's (SP) – revised their assessments for JPMorgan Chase Co. (JPM).
  • (Yahoo Finance)
  • Sen. Bob Corker, the first lawmaker to call for a hearing on J.P. Morgan Chase Co.'s giant trading loss, said a key regulator sees the trade in question as allowable under the so-called Volcker rule.
  • (Wall Street Journal)
  • JPMorgan Chase Co. (JPM)'s $2 billion loss on synthetic credit securities bolsters the case of banking critics pushing for tighter regulations on proprietary trading, SunTrust Banks Inc. Chief Executive Officer William Rogers said.
  • (Bloomberg)
  • Its been four days since J.P. Morgan (JPM) dropped a bomb on the financial world with a hastily arranged conference call announcing an unexpected $2 billion loss in their trading and/or hedging operation. The issue isnt the $2 billion.
  • (Yahoo Finance)
  • JPMorgan Chase Co. (JPM) (JPM)'s top spokesman, Joseph Evangelisti, sold his four-story townhouse in Manhattan's West Village for $6.7 million, more than three years after first putting it on the market.
  • (Businessweek)
  • Matt Zames, the new head of JPMorgan Chase Co. (JPM)'s chief investment office, may announce a shake-up of the unit after the bank reported a $2 billion trading loss, according to a person familiar with the matter.
  • (Bloomberg)
  • JPMorgan Chase Co. (JPM) Chief Executive Officer Jamie Dimon's position as a director on the Federal Reserve Bank of New York's board renewed concern that the central bank is too close to the institutions it oversees.
  • (Bloomberg)
  • NEW YORK BOGOTA, Colombia--(BUSINESS WIRE)--On May 11, 2012, Fitch Ratings downgraded JPMorgan Chase Co.
  • (Business Wire)

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