.JPG)
Showing posts with label JP Morgan. Show all posts
Showing posts with label JP Morgan. Show all posts
Goldman leads decline as Wall Street commodity revenues plummet | Reuters
Goldman leads decline as Wall Street commodity revenues plummet | Reuters: (Reuters) - "Wall Street commodity revenues crashed last year to their lowest on record, as tighter regulation and limited price swings squeezed the once dominant traders of Goldman Sachs Group Inc (GS.N), JPMorgan Chase & Co (JPM.N) and Morgan Stanley (MS.N)."
JP Morgan Chase and Credit Suisse pay $416.9m in penalties over mortgages | Business | guardian.co.uk
JP Morgan Chase and Credit Suisse pay $416.9m in penalties over mortgages | Business | guardian.co.uk: "Fines and compensation are related to mortgage bond losses regarded as the 'ground zero' of the global financial crisis"
Bear Stearns accused of fraud but sceptics question target and timing | Business | guardian.co.uk
Bear Stearns accused of fraud but sceptics question target and timing | Business | guardian.co.uk: "Eric Schneiderman brings case against investment bank, now part of JP Morgan, over mortgages sold between 2005 and 2007"
JPMorgan faces money laundering probe: source | Reuters
JPMorgan faces money laundering probe: source | Reuters: (Reuters) - "JPMorgan Chase & Co's compliance with U.S. anti-money laundering laws is being reviewed by a banking regulator, a source said, making the largest U.S. bank the latest target of a wide investigation of how banks prevent transactions involving drug money and sanctioned countries."
Exclusive: A fourth trader under scrutiny in JPM Whale probe | Reuters
Exclusive: A fourth trader under scrutiny in JPM Whale probe | Reuters: (Reuters) - "A fourth London-based JPMorgan Chase trader is under scrutiny in the investigation by U.S. authorities into the bank's nearly $6 billion trading loss, according to sources familiar with the situation."
Another risk officer in JPMorgan 'Whale' trade retains lawyer | Reuters
Another risk officer in JPMorgan 'Whale' trade retains lawyer | Reuters: (Reuters) - "Another JPMorgan Chase & Co risk manager, who worked for a division that lost at least $5.8 billion on a series of complex derivatives trades, has hired a lawyer in connection with probes into the so-called "London Whale" trading debacle, according to sources familiar with the investigations."
Analysis: Big banks' glory days feared to be gone for good | Reuters
Analysis: Big banks' glory days feared to be gone for good | Reuters: (Reuters) - "The summer of 2012 may be remembered as the time when regulation, scandals and a protracted slow-growth economy finally caught up with big American banks."
Exclusive: Banks in Libor probe consider group settlement-sources | Reuters
Exclusive: Banks in Libor probe consider group settlement-sources | Reuters: (Reuters) - "A group of banks being investigated in an interest-rate rigging scandal are looking to pursue a group settlement with regulators rather than face a Barclays-style backlash by going it alone, people familiar with the banks' thinking said."
JPMorgan profit falls on $4.4 billion trading loss | Reuters
JPMorgan profit falls on $4.4 billion trading loss | Reuters: (Reuters) - "JPMorgan Chase & Co, the biggest U.S. bank, posted $4.4 billion of credit trading losses, but said it had cleaned up the group responsible for the bad bets."
Oops
Oops
Insight: Fed knew of Libor issue in 2007-08, proposed reforms | Reuters
Insight: Fed knew of Libor issue in 2007-08, proposed reforms | Reuters: (Reuters) - "The Federal Reserve Bank of New York may have known as early as August 2007 that the setting of global benchmark interest rates was flawed. Following an inquiry with British banking group Barclays Plc in the spring of 2008, it shared proposals for reform of the system with British authorities."
..."More than a dozen banks are being investigated for their roles in setting Libor, including Citigroup, JPMorgan Chase & Co, Deutsche Bank, HSBC Holdings Plc, UBS and Royal Bank of Scotland."
..."More than a dozen banks are being investigated for their roles in setting Libor, including Citigroup, JPMorgan Chase & Co, Deutsche Bank, HSBC Holdings Plc, UBS and Royal Bank of Scotland."
Judge orders JPMorgan to explain withholding emails | Reuters
Judge orders JPMorgan to explain withholding emails | Reuters: (Reuters) - "A U.S. judge has ordered JPMorgan Chase & Co to explain why the court should not force the bank to turn over 25 internal emails demanded as part of an investigation into whether it manipulated electricity markets in California and the Midwest."
Top banks say they not too big to fail | Reuters
Top banks say they not too big to fail | Reuters: (Reuters) - "Nine of the largest global banks on Tuesday expressed confidence they can be salvaged or dismantled without taxpayer bailouts if they became insolvent, as U.S. regulators released public portions of these banks' "living wills"."
JPMorgan trading loss shows danger in bank size: Volcker | Reuters
JPMorgan trading loss shows danger in bank size: Volcker | Reuters: (Reuters) - "Former Federal Reserve Chairman Paul Volcker said JPMorgan Chase's recent multibillion-dollar trading loss may show that the nation's largest banks are too big to manage."
Analysis: In failed JPMorgan hedge, lessons from past missed | Reuters
Analysis: In failed JPMorgan hedge, lessons from past missed | Reuters: (Reuters) - "A well-regarded U.S. lender once lost a tidy sum on derivatives, and Jamie Dimon had to ride to the rescue."
Facebook shares plumb new depths, valuation questioned | Reuters
Facebook shares plumb new depths, valuation questioned | Reuters
Should have been questioned before.
Should have been questioned before.
JPMorgan sued over employee retirement plan losses | Reuters
JPMorgan sued over employee retirement plan losses | Reuters: (Reuters) - "JPMorgan Chase & Co has been hit with a lawsuit brought on behalf of employees whose retirement holdings fell in value after the largest U.S. bank revealed a surprise $2 billion trading loss earlier this month."
Subscribe to:
Posts (Atom)
.JPG)
.JPG)