JPMorgan (JPM) Remains Steadfast as Senate Committee Looks to Delve Deeper into CIO Losses; Names New CIO
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JPMorgan Chase & Co. (JPM) Names Craig Delany as CIO; Reporting to Matt Zames
September 6, 2012 12:55 PM EDTJPMorgan Chase & Co. (NYSE: JPM) names Craig Delany CIO reporting to Matt Zames.... More
JPMorgan (JPM) Dips on Tougher Senate Investigation into CIO Losses
September 6, 2012 12:46 PM EDTJPMorgan (NYSE: JPM) dips following headlines that the U.S. Senate will escalate its probe into CIO losses. Shares are still up about 4 percent on the session, but well off highs.... More
JPMorgan Chase & Co. (JPM) said to face escalating Senate probe of CIO losses - Bloomberg
September 6, 2012 12:43 PM EDTJPMorgan Chase & Co. (NYSE: JPM) said to face escalating Senate probe of CIO losses - Bloomberg... More
JPMorgan's (JPM) Dimon Girds Loins Ahead of Fierce Banking Panel
June 13, 2012 8:45 AM EDTJ.P. Morgan's (NYSE: JPM) "fortress" balance sheet is having some financial "trebuchets" being aimed at it, but CEO Jamie Dimon already has his sword and shield at the ready.
And shields, as we all know, are great at deflecting things.
In a written testimony to be given before the U.S. Senate Committee on Banking, Housing and Urban Affairs Washington, D.C. on Wednesday, Dimon said the $2 billion trading loss incident reported earlier in May was an "isolated incident" and the traders were poorly managed, taking on risks they "didn't fully understand."
Federal panels are like Carthaginians: they simply will not stop while delivering on the offensive (unless their time runs out, of course).
But, in... More
JPMorgan (JPM) says CIO unit has significant mark-to-market losses
May 10, 2012 4:44 PM EDTJPMorgan (NYSE:... More
