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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 45-55
  • 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...
  • 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...
  • The myth of the Obama 'attack' on JPMorgan's Jamie Dimon

    The myth of the Obama 'attack' on JPMorgan's Jamie Dimon
    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...
  • JPMorgan's Dimon put in a rough spot

    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,...
  • Wells Fargo, JPMorgan 2nd-quarter profits beat Wall Street forecasts

    Wells Fargo, JPMorgan 2nd-quarter profits beat Wall Street forecasts
    Wells Fargo & Co. booked a record $5.5 billion in profit during the second quarter despite a dramatic rise in mortgage rates and signs of a slowdown in its refinancing business. The 19% year-over-year jump in earnings for the nation's largest home...
  • 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...
  • Warren Buffett pontificates on JPMorgan, Wells Fargo, newspapers

    Warren Buffett pontificates on JPMorgan, Wells Fargo, newspapers
    Billionaire investor Warren Buffett had opinions to spare Friday, when he dished on JPMorgan’s Jamie Dimon, Wells Fargo’s home lending prowess, the future of the euro and newspapers, Facebook and more. “I’ve had enough mistakes of...
  • 3 tips on how to avoid Chase's $2 billion meltdown

    3 tips on how to avoid Chase's $2 billion meltdown
    JP Morgan Chase is one of the nation's largest companies, employing thousands of smart people. Yet their CEO Jamie Dimon admits that executives blew it in picking a risky derivative investment strategy that has cost Chase $2 billion. Deerfield Beach...
  • Chase helps CEO on sale of Gold Coast mansion

    Chase helps CEO on sale of Gold Coast mansion
    When Jamie Dimon, the chairman and chief executive of JPMorgan Chase & Co., finally sold his Gold Coast mansion at 25 E. Banks St. in 2010 after it was on the market three years, the real estate crisis prevented him from getting the more than $13...
  • Free enterprise on trial -- who bears the risks?

    Free enterprise on trial -- who bears the risks?
    As Newt Gingrich lashes out at "liberal elites," Mitt Romney is casting the 2012 campaign as "free enterprise on trial" -- and Mr. Romney defines free enterprise as achieving success through "risk-taking." U.S. Chamber of Commerce President Tom Donahue,...
  • Lakeview group urges members to withdraw money from big banks

    Lakeview group urges members to withdraw money from big banks
    Peeved at what they described big pay packages at the nation's biggest banks, a Chicago group urged its members Thursday to withdraw their money from such institutions, showing up at a Chase branch in East Lakeview to demand a meeting with a bank...