JPMorgan Chase’s likely CEOs-in-waiting come from the part of the bank that makes regulators and investors most nervous.
See the rest here: Jamie Dimon’s likely successor will not impress critics
Shares of JPMorgan Chase have underperformed compared to other big banks. Would it do better if Jamie Dimon gave up the chairman title?
Go here to see the original: Does JPMorgan suffer from Dimon discount?
Shareholders are pushing JPMorgan’s board to strip Jamie Dimon of his role as chairman. An influential shareholder advisory firm also wants three board members out.
Read more from the original source: Jamie Dimon is under fire
Did JPMorgan exec lie under oath? Also: An ice cream truck war goes bad.
See more here: Pre-Marketing: JPMorgan perjury?
The MF Global fiasco edged closer to final resolution Wednesday after JPMorgan Chase agreed to return $546 million to customers of the failed brokerage.
Read more: JPMorgan agrees to $546 million settlement in MF Global dispute
Federal Reserve officials dinged JPMorgan and Goldman for being off on their stress test results. Wells Fargo, however, got a pass.
Link: Wells Fargo should have failed the stress test
Democrat Carl Levin kicked off the hearing, calling the trading loss a “disaster” and likening JPMorgan’s trading strategy to “a “runaway train.”
Continue reading here: Senator: JPMorgan strategy like a ‘runaway train’
Category : Business, World News
US bank JPMorgan Chase is accused by a US Senate panel of hiding its huge “London whale” trading losses, worth $6.2bn (£4.1bn).
Visit link: JP Morgan accused of hiding losses
Category : Stocks
JPMorgan kicked off this year’s annual investor day with plans to reduce headcount and expenses in 2013.
See the article here: In reversal, JPMorgan to cut 4,000 jobs
Category : Stocks
Economist at JPMorgan says big banks aren’t the reason why lending hasn’t recovered faster. He’s wrong.
Here is the original post: JPMorgan: Don’t blame us for slow recovery