Jp Morgan Chase
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May 28, 2012 at 12:00 | Source: Stock Market Digital
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1. JP Morgan Chase’s chief investment office accumulated a huge bet– maybe $100 billion– in a so-called “weapon of mass destruction” (as in self-destruct) in a very risky credit default swap contract that was a bet on corporate credits ...
May 20, 2012 at 22:15 | Source: Forbes
UK politicians and regulators may feel good. It was an American, bank, not a British one, whose CEO had grimly to announce that “errors, sloppiness, and bad judgment” would cost it $2 billion – and now probably more – in losses. And it’s American ...
May 28, 2012 at 18:09 | Source: Daily Mail
JP Morgan Chase’s $2 billion loss on a hedging strategy doesn’t mean that the bank is in crisis, and it certainly does not mean the government needs to step in. JP Morgan Chase is a $2.3 trillion bank with a net worth of $189 billion.
May 18, 2012 at 03:12 | Source: The Heritage Foundation
Away from the headlines over its huge trading losses, J.P. Morgan Chase & Co. continues to beef up its presence in China. As Dow Jones Newswires reports Monday, the bank said it has injected an additional 2.5 billion yuan ($395 million ...
May 28, 2012 at 03:00 | Source: Wall Street Journal
JP Morgan Chase & Co. (NYSE:JPM) shares were at 33.97 at the end of the last day’s trading. There’s been a -12.5% movement in the stock price over the past 3 months. JP Morgan Chase & Co. (NYSE:JPM) Analyst Advice
May 29, 2012 at 03:27 | Source: StocksandShares.TV
NASDAQ reported that changes are planned for JP Morgan Chase’s board committee responsible for oversight of high risk investments. Bloomberg News recently offered a critical report over the quality and experience of current members. According to ...
May 26, 2012 at 23:33 | Source: Examiner
According to just released disclosure forms, President Barack Obama has between $500,000-1,000,000 in assets in a JP Morgan Chase account. The full title of the account, as it's written on the disclosures, is "JPMorgan Chase Private Client Asset Mgmt ...
May 15, 2012 at 20:12 | Source: Weekly Standard
JP Morgan Chase has long had the reputation of being one of the better managed big banks in the country. So how did it make a $2 billion blunder? To find out, David Greene talks to David Wessel, economics editor of The Wall Street Journal.
May 15, 2012 at 18:31 | Source: NPR News
The $2 billion loss by JP Morgan Chase is a failure of risk management, the US treasury secretary Timothy Geithner said, as the FBI launched an investigation into the issue. He also called for tough and effective reforms so that when such ...
May 16, 2012 at 10:59 | Source: Hindustan Times
Maybe it's a case of putting your mouth where your money is. President Barack Obama praised JP Morgan Chase in an interview recorded Monday as "one of the best managed banks there is" and its CEO, Jamie Dimon, as "one of the smartest bankers we got."
May 15, 2012 at 23:11 | Source: YAHOO!