Levin Accuses JPMorgan (JPM) of Hiding Whale Loss, Dodging Oversight

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Senate Investigation Reveals JPMorgan (JPM) Sought to Hide 'London Whale' Losses, Skirt Regulation

March 14, 2013 5:28 PM EDT

JPMorgan Chase & Co. (JPM) is slumping in late trading amid new capital actions, which include a $6 billion stock buyback as well as 38 cent quarterly dividend, as a Senate subcommittee breathed fire at the bank over its CIO loss last year.

The... More