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Kansas City Federal ... of the New York Fed, a key regulatory hub for Wall Street. Dimon, people with long memories (one week long) will recall, was recently placed in this hot seat for the $3 billion loss (and counting) that his bank, JPMorgan ...
May 24, 2012 at 20:44 | Source: Huffington Post
Roughly 40 examiners from the Federal Reserve Bank of New York and 70 staff members from the Office of the Comptroller of the Currency are embedded in the nation’s largest bank. They are typically assigned to the departments undertaking the ...
May 26, 2012 at 11:59 | Source: New York Times
JPMorgan Chase & Co. (JPM) Chief Executive Officer Jamie Dimon adds insight to the Federal Reserve Bank of New York board, said Tom Wilson, the Allstate Corp. CEO who previously was a director at the Chicago district bank. “Jamie Dimon is a ...
May 22, 2012 at 18:30 | Source: Bloomberg
May 22 (Bloomberg) -- The presidents of the Federal Reserve's regional banks received an average salary of $342,000 last year, with William C. Dudley at the New York Fed taking home the highest salary at $410,780. The 12 regional bank presidents ...
May 22, 2012 at 17:54 | Source: San Francisco Gate
CEO Jamie Dimon to step down from the board of directors of the New York Federal Reserve are growing louder following the disclosure of the bank's $2 billion trading loss. Critics argue that Dimon, who has been the industry's loudest critic of some ...
May 25, 2012 at 17:51 | Source: Inside Fidelity
In an interview with PBS Newshour, Geithner was asked whether or not it is a conflict of interest for JPMorgan Chase CEO Jamie Dimon to sit on the board of the Federal Reserve Bank of New York, which is responsible for regulating the banks.
May 17, 2012 at 23:23 | Source: Huffington Post
The Federal Reserve Bank of New York said it’s postponing a sale that had been scheduled to be completed today of $1.7 billion of debt held in its Maiden Lane III LLC portfolio. The transaction was delayed to give market participants more time ...
May 17, 2012 at 13:07 | Source: Bloomberg
May 14 (Bloomberg) -- JPMorgan Chase & Co. 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.
May 14, 2012 at 21:10 | Source: San Francisco Gate
NEW YORK (CNNMoney) -- Is there a conflict of interest when bankers like JPMorgan Chase CEO Jamie Dimon serve on the board of the same institution that regulates them? Insiders say no. But critics harp on the central bank for what seems like an ...
May 21, 2012 at 13:45 | Source: CNN Money
But banks were hardly the only economic agents burdened by debt. The Federal Reserve Bank of New York observed that total household debt balance nearly tripled from $4.6 trillion in 1999 to 1$2.5 trillion in 2008. Though the figure has since fallen to $11 ...
May 25, 2012 at 22:16 | Source: policymic.com