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US investigates whether JPMorgan traders hid losses
(Reuters) - U.S. federal investigators are looking at whether JPMorgan Chase & Co traders hid trading losses that have since grown to $5.8 billion, according to a person familiar with the matter, after the bank said its own probe found reason for ...
JPMorgan Chase raises its recent trading loss to $5.8bn  BBC News
The Real Loss For Jamie Dimon And JPMorgan Chase: Their Integrity  Forbes
M-Modal to go private in deal with JPMorgan Chase
The board of directors at M-Modal has already approved the transaction at $14 per share, and One Equity Partners is expected to begin a tender offer for all outstanding shares of the company by July 17. The deal is contingent on getting at least a ...
M*Modal to Be Acquired for Approximately $1.1 Billion by One Equity Partners  Business Wire (press release)
After Huge Loss, JPMorgan Rearranges Top Officials
Michael Cavanagh will become co-chief executive of JPMorgan Chase's corporate and investment bank. Both Mr. Cavanagh and Mr. Zames have been in the spotlight over the last three months as JPMorgan works to contain the damages from the trading ...
JPMorgan Chase fails to end mortgage modification lawsuit
NEW YORK (Reuters) - A federal judge rejected JPMorgan Chase & Co's (JPM.N) bid to dismiss a lawsuit accusing it of misleading thousands of cash-strapped homeowners nationwide about modifying their mortgages.
JP Morgan subsidiary to buy M*Modal for $1.1 billion
Franklin-based M*Modal (Nasdaq: MODL) has agreed to sell to One Equity Partners, the private investment arm of JP Morgan Chase & Co., for $1.1 billion, the companies announced. One Equity Partners will buy all of M*Modal's shares for $14 each, an 8.3 ...
Ex-JPMorgan trader wins big in betting against bank
Andrew Feldstein, who bet against JPMorgan Chase & Co. before helping the bank unwind more than US$20-billion of trades, has emerged as one of the biggest winners among hedge-fund managers profiting from a flawed strategy.
JPMorgan probe distances bank from trades, gives US road map
Because JPMorgan had amassed such large positions, even a small change in how the prices were marked may have generated a big difference in the value of the trades, one of the people said.
JPMorgan losses clip banks' efforts to fight derivatives reform
The pushback had been gaining momentum before JPMorgan Chase & Co said in May it lost at least $2 billion failed derivative trades.
'JPMorgan killed my husband!' Texas woman sues after 'foreclosure caused his ...
JPMorgan Chase sent a series of follow up letters warning of foreclosure and informing the Engel's that it planned to evict them, according to the lawsuit.
Franklin Lakes man rises to JPMorgan's top tier after stunning loss shook bank
Twice in the past 100 days, JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon has turned to a 41-year-old former hedge-fund trader to tackle challenges facing the largest U.S.