| Nov 3, 2013
Former U.S. Rep. Barney Frank is anything but an apologist for the financial sector. So when he questions even one facet of the proposed penalties for JPMorgan Chase connected to allegations related to the low quality of mortgage-backed securities peddled...
| Nov 18, 2013
| 10:01 PM
By David Henry and Lauren Tara LaCapra
NEW YORK, Nov 19 (Reuters) - As the United States threatened
to default on its debt last month, major U.S. banks set up war
rooms, spent many millions of dollars on contingency planning
and, in some cases, even...
| Nov 18, 2013
| 3:30 PM
Nov 18 (Reuters) - JPMorgan Chase & Co's $13 billion
deal with the government to settle civil liabilities for the
sale of mortgage securities is likely to be formally announced
on Tuesday, according to a source familiar with the matter.
The bank and...
| Nov 14, 2013
| 9:07 AM
LONDON, Nov 14 (Reuters) - U.S. investment banks JPMorgan
Chase & Co and Citi saw their share of investment
banking revenue increase more than any of their peers in the
first nine months of the year, new research showed on Thursday.
Among the 13...
| Oct 17, 2013
| 7:53 AM
The other day we examined a claim by the New York Times that Jamie Dimon, the chairman and chief executive of the serial lawbreaking bank company JPMorgan Chase, was supported in his job by "the people who matter" -- defined as "investors, analysts, board...
| Oct 11, 2013
| 9:14 AM
The toll of JPMorgan Chase's relentless lawbreaking under Chairman and CEO Jamie Dimon may finally be getting real for shareholders.
According to the bank's third-quarter financial results, released Friday morning, its litigation expenses of more than...
| Oct 15, 2013
| 1:43 PM
Who are the "people who matter"? According to Andrew Ross Sorkin of the New York Times, "investors, analysts, board members and, yes, even regulators," none of whom, he says, wants Jamie Dimon fired as chairman and CEO of JPMorgan Chase.
Is there a...
| Oct 21, 2013
| 4:32 PM
JPMorgan Chase, one of our nation's ethically-challenged financial institutions, is facing another big fine. That means that once again you'll be hearing the right wing's go-to defense of the bank: President Obama's out to get JPMorgan Chairman Jamie...
| Oct 24, 2013
| 6:24 PM
Jamie Dimon, arguably the nation's most powerful banker, has navigated intense scrutiny from Congress, the White House and regulators around the globe.
But it's a federal prosecutor in Sacramento, far from the world's financial and political capitals,...
| Oct 19, 2013
| 3:50 PM
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...
| Oct 20, 2013
| 5:00 AM
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...