| May 12, 2013
JPMorgan Chase, one of the nation's largest banks, survived the financial crisis better than most — only to have the $6 billion "London Whale" trading loss last year expose embarrassing flaws in its accounting and risk controls.
| Sep 24, 2012
| 4:32 PM
By Megan Crepeau Remember Jamie Dimon and his "London Whale" financial scandal? You know, the one where JP Morgan lost $6 billion, the one that CEO Dimon called a "tempest in a teapot?" Maybe that's not such an understatement after......
| May 11, 2012
| 4:32 PM
By Megan Crepeau I really do love a good high-finance explainer, especially when it pushes all my angry buttons. Marketplace has a great one this morning on JP Morgan Chase's huge loss: How did no one know about this? Oh,......
| Mar 7, 2012
| 1:17 PM
I would like to thank JPMorgan Chase CEO Jamie Dimon for attacking an urban legend that’s bothered me severely over the course of my 30-year career: The myth of the underpaid journalist.
I know that it’s easy to look at a newspaper reporter,...
| Jan 25, 2012
As Newt Gingrich lashes out at "liberal elites," Mitt Romney is casting the 2012 campaign as "free enterprise on trial" -- and Mr. Romney defines free enterprise as achieving success through "risk-taking." U.S. Chamber of Commerce President Tom Donahue,...
| Oct 12, 2012
| 5:47 PM
NEW YORK (AP) — Is the mortgage market really back?
The country's two biggest mortgage lenders, Wells Fargo and JPMorgan Chase, reported Friday that a surge in home lending pushed them to record profits.
JPMorgan CEO Jamie Dimon declared that...
| May 1, 2012
| 4:30 PM
Occupy protesters, anti-war demonstrators and union supporters staged a series of May Day rallies and marches today with little disruption to the work day in Chicago's business district.
Protest groups and authorities alike saw the events as a tune-up...
| May 11, 2012
| 4:42 AM
Biden pushes Obama to declare gay marriage support, then offers his apologies
WASHINGTON (AP) — Sorry, Mr. President.
After nearly single-handedly pushing gay marriage to the forefront of the presidential campaign and inadvertently pressuring...
| May 16, 2012
| 10:27 AM
NEW YORK -- The director of the Federal Bureau of Investigation said Wednesday that the agency has opened an investigation into JPMorgan Chase, the nation's largest bank.
"All I can say is that we have opened a preliminary investigation," Robert...
| May 12, 2012
| 2:18 PM
NEW YORK/LONDON (Reuters) - JPMorgan Chase & Co lost $15 billion in market value and a notch in its credit ratings on Friday while a chorus of regulators and politicians reacted to its surprise $2 billion trading loss by demanding stiffer oversight for...