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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's Midwest Chairman Glenn Tilton to leave

    JPMorgan's Midwest Chairman Glenn Tilton to leave
    JPMorgan's Midwest Chairman Glenn Tilton is retiring at the end of June, according to an internal memo. Before joining JPMorgan, Tilton was the CEO of United Airlines. The bank said that Tilton "played a critical role working across our business to...
  • Era of falling interest rates appears to be over

    Era of falling interest rates appears to be over
    For all the mixed messages from the Fed and the uncertainty that has roiled financial markets recently, one thing looks very clear: The era of declining interest rates is over. After three decades in which borrowing costs for Americans have pretty...
  • Part two: Warning signs

    Part two: Warning signs
    When Bank of America credit officer Dan Petrik and his team sat down in early 2007 to analyze Sam Zell's plan to take control of Tribune Co., their numbers showed that the complex deal failed to meet five of the bank's 10 lending guidelines. There was...
  • Part three: Culture shock

    Part three: Culture shock
    Tribune Tower was in crisis, and the illustrations of penguins installed in the building's ornate lobby were meant as a constant reminder. With Tribune Co. revenues sliding and managers struggling to adjust to an Internet revolution, executives in early...
  • Financial markets: Six highlights -- and absurdities -- of 2013

    Wall Street had plenty of reasons to think 2013 would go miserably for the stock market — what with a lackluster global economy, the U.S. government shutdown, Syria's civil war, the Obamacare fiasco and Miley Cyrus. Instead, we're on track for a...
  • JPMorgan admits it broke securities laws in 'London Whale' case

    NEW YORK — JPMorgan Chase & Co. has made a rare declaration for Wall Street: The nation's biggest bank admitted it broke the law. The financial giant acknowledged Thursday that it violated securities laws and agreed to pay fines of $920 million as...
  • Latest debacle for JPMorgan Chase: PR nightmare on Twitter

    JPMorgan Chase & Co. probably thought things couldn't get any worse than the $13 bilion it is expected to pay in a legal settlement with the government. Then it stumbled into a public-relations debacle on Twitter. The beleaguered banking giant asked...
  • 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...
  • 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...
  • 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...
  • 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...