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Jamie Dimon

A collection of news and information related to Jamie Dimon published by this site and its partners.

Top Jamie Dimon Articles

Displaying items 23-33
  • JPMorgan says settlement clears most liability in mortgage crisis

    JPMorgan says settlement clears most liability in mortgage crisis
    JPMorgan Chase & Co. said the $13 billion settlement it reached with the Justice Department, state attorneys general and other agencies erased most of its potential liability in the sale of faulty mortgage investments that fueled the 2008 financial...
  • JPMorgan's money is not enough [Editorial]

    JPMorgan's money is not enough  [Editorial]
    U.S. banks don't come any bigger than JPMorgan Chase, so no one should be surprised by the size of its settlement with the U.S. Department of Justice that was announced today — $13 billion to end civil litigation regarding mortgage lending...
  • Maria Bartiromo and the problem with CNBC

    You would have thought news was slow on Wall Street last week, when the hottest item on the ticker was that television personality Maria Bartiromo was jumping from CNBC, her onscreen home for two decades, to the Fox Business Channel. Financial and media...
  • Bottom line on JPMorgan's $13-billion settlement: not nearly enough

    Bottom line on JPMorgan's $13-billion settlement: not nearly enough
    The headline number on the big JPMorgan Chase legal settlement with state and federal regulators hasn't changed in the weeks since the negotiations over the deal first broke into the open: $13 billion. The deal's sponsors are falling all over themselves...
  • How JPMorgan (sort of) copped to mortgage fraud -- and won

    The "statement of fact" -- that narrative document that lays out what a corporate defendant has done wrong, without actually mentioning anything that could hurt the corporation in court -- has become our generation's big new literary genre. The...
  • Emanuel joins JPMorgan boss in announcing job skills campaign

    Emanuel joins JPMorgan boss in announcing job skills campaign
    WASHINGTON — Mayor Rahm Emanuel today joined the chair of JPMorgan Chase as the firm announced a five-year, $250 million effort to close the “skills gap” to curb unemployment in urban areas in the U.S. and Europe. Chicago is among...
  • Finance executives warn Washington not to risk a government default

    WASHINGTON — To Wall Street, the partial government shutdown is another unfortunate economic speed bump caused by partisan political fighting. Failure to raise the debt limit, triggering a first-ever federal default, would be a brick wall on the...
  • Chase is having a bad day

     
    Within hours Thursday, various federal banking regulators announced that JPMorgan Chase Bank N.A. and Chase Bank USA N.A. had been fined about $1 billion and had repaid customers more than $300 million for incidents involving poor derivatives trading...
  • The key piece of the JPMorgan settlement isn't the record fine

    Yes, $13 billion in penalties--the figure at the center of the JPMorgan mortgage settlement deal being reported Saturday--is eye opening. Yes, it's a record in a civil proceeding against a major corporation. But the most significant thing about...
  • CEO-to-worker pay gap is obscene; want to know how obscene?

    Nothing seems to get U.S. corporations' dander up like a threat to the pay and perks of their chief executives. That's one explanation for corporate America's superheated, turbocharged, over-the-top reaction to the CEO pay ratio rule recently proposed...
  • JPMorgan's latest legal tab rises as bank hammers out Justice deal

    NEW YORK -- A large chunk of JPMorgan Chase & Co.'s mounting legal bills may get even bigger. The nation's largest bank could now pay a record $13 billion to settle a raft of federal and state probes, according to a person familiar with the...