JPMorgan Chase & Co Chief Executive Jamie Dimon defended the intent of the portfolio behind the bank's recent multibillion-dollar trading loss, telling lawmakers it was a genuine hedge that would make the firm a lot of money if a credit crisis hit ...
There is no doubt that JPMorgan Chase & Co. (NYSE:JPM) faces significant near term risks, owing to the outcome of trading loss investigations and its GIIPS exposure, however, these risks have already been priced in by the market.
NEW YORK--(BUSINESS WIRE)--JPMorgan Chase & Co. (NYSE: JPM) - Following the Federal Reserve's announcement on June 7, 2012 of proposed rules which will implement the phase-out of Tier 1 capital treatment for trust preferred capital securities, ...
NEW YORK JPMorgan Chase & Co executed wash trades on 10 separate occasions in U.S. crude oil and gasoline futures in the first half of 2011, the operator of the New York Mercantile Exchange (NYMEX) said in a disciplinary notice on Friday.
NEW YORK JPMorgan Chase & Co said on Wednesday it has begun equipping merchants with devices that accept payments from mobile phone signals and cards embedded with computer chips as well as traditional magnetic strips.
JPMorgan Chase & Co's (JPM.N) asset management business has created a new unit, which will oversee $100 billion in assets under management and incorporate teams from the company's investment management and wealth management divisions.
Former JPMorgan Chase & Co. Chief Investment Officer Ina Drew oversaw the London traders responsible for a $2 billion loss on credit derivatives that Chief Executive Officer Jamie Dimon said “violated common sense.