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JPMorgan Loses $2 Billion on Unit's 'Egregious Mistakes'
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said the firm suffered a $2 billion trading loss after an “egregious” failure in a unit managing risks, jeopardizing Wall Street banks' efforts to loosen a federal ban on bets with their own money.
Fitch downgrades JPMorgan Chase & Co.  Plain Dealer
JP Morgan's $2 Billion Blunder  Wall Street Journal
JPMorgan Chase & Co. named Partners in Philanthropy winner for x-large businesses
JPMorgan Chase & Co. mixes dollars with common sense in its community-giving efforts in metro Denver, working with programs that create a real impact.
JPMorgan Chase & Co. (JPM) Loss Grows, Suspends Buybacks
The new week kicked off with news that JPMorgan Chase & Co. (NYSE:JPM)'s trading loss my widen even more thanks to the crumbling Europe situation.
JPMorgan Cancels Share Buybacks Amid Regulator Heat  International Business Times
JPMorgan Europe Home-Loan Debt Raises Anxiety: Mortgages  Bloomberg
2 Huge Leadership Lessons from JPMorgan
There are probably dozens of significant leadership lessons to be drawn from the JPMorgan Chase debacle. But it's unlikely I will live ... Dimon & Co. have refused to learn from mistakes - both theirs and others' - time and again. When the recession ...
JPMorgan sued over employee retirement plan losses  Reuters
JPMorgan Veered From Hedging Practices at Competing Banks  Bloomberg
JPMorgan Chase & Co. (JPM) Couldn't Find Anyone Else for CIO?
JPMorgan Chase & Co. (NYSE:JPM) has quickly named a successor to Ina Drew, the chief investment officer who was part of Londongate.
JPMorgan to spin out 'special investments'
JPMorgan Chase is spinning out the “special investments group” from its troubled chief investment office as executives clean up the division that caused $2bn trading losses, say people familiar with the matter.
JPMorgan Chief To Testify Before Congress; Is Morgan Stanley CEO Next?  ValueWalk
How JPMorgan Lost $17.5 Billion
JPMorgan Chase (JPM) lost $17.5 billion this week. It all springs from a bad trade that's still going ... If a company on the index went bankrupt, the CIO would pay a claim, otherwise it would collect the quarterly premium. JPMorgan initially made ...
JPMorgan Hires Ex-SEC Enforcement Chief McLucas in Probes
JPMorgan Chase & Co., the biggest U.S. bank, has hired former U.S. Securities and Exchange Commission enforcement chief William McLucas to help respond to regulatory probes of the firm's $2 billion trading loss.
JPMorgan Gave Risk Oversight to Museum Head With AIG Role
The three directors who oversee risk at JPMorgan Chase & Co. include a museum head who sat on American International Group Inc.'s governance committee in 2008, the grandson of a billionaire and the chief executive officer of a company that makes flight ...
JPMorgan CEO Jamie Dimon asked to testify before Senate panel on June 7  New York Post
Red Flags Said to Go Unheeded by Bosses at JPMorgan
In the years leading up to JPMorgan Chase's $2 billion trading loss, risk managers and some senior investment bankers raised concerns that the bank was making increasingly large investments involving complex trades that were hard to understand ...