Archive for March, 2013

Chase Banking network was down worldwide overnight

March 20, 2013

The following article is brought to you by Jon Blanchard at O.Canada.Com Chase Bank issued an uncharacteristic Alert via twitter at 8:28 p.m. (EST) Monday evening, that all customer access to their online and mobile accounts was down. While the primary bank website remained up, there was no evident alert listed regarding the problem and, […]

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JPMorgan, MF Global trustee reach $546M settlement

March 20, 2013

The following article is brought to you by Reuters found at ChicagoTribune.Com. JPMorgan Chase & Co. has reached a $546 million settlement with the trustee liquidating the failed broker-dealer unit of MF Global Holdings, a court filing showed, an amount that will help repay the brokerage’s customers. As part of a settlement reached with James […]

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Jamie Dimon Disapproved Of JPMorgan CFO Handing Bank Data To Regulators: Witness

March 16, 2013

The following article is brought to you by Mark Gongloff at HuffingtonPost.Com. JPMorgan CEO Jamie Dimon reacted angrily when he found out that JPMorgan Chase’s chief financial officer had given regulators data on JPMorgan’s investment bank, one of those regulators alleged on Friday. At a meeting in late 2011, Dimon raised his voice and admonished […]

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Posted in Home Loan Modifications, Jamie Dimon, JPMorgan Chase | 1 Comment »

Jamie Dimon Email Directly Ties JPMorgan CEO To $6.2 Billion Fiasco

March 15, 2013

The following article is brought to you by Bonnie Kavoussi at HuffingtonPost.Com. Jamie Dimon’s email response was direct and to the point. “I approve,” he wrote to an oversight body within his enormous bank, JPMorgan Chase, thereby giving his blessing to an increase in the amount of risk the institution could shoulder. He also approved […]

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JPMorgan Chase Whale Trades: A Case History of Derivatives Risks and Abuses

March 15, 2013

The following article is brought to you by U.S. Senate Committee On Homeland Security And Government Affairs at HSGAC.SENATE.Com Agenda The Permanent Subcommittee on Investigations has scheduled a hearing, “JPMorgan Chase Whale Trades: A Case History of Derivatives Risks and Abuses,” on Friday, March 15, 2013, at 9:30 a.m., in Room G-50 of the Dirksen […]

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