Tag Archive

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

Published on March 15, 2013 By admin

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 […]

JPMorgan Said to Weigh Disclosing Whale Report Faulting Dimon

Published on January 14, 2013 By admin

The following article is brought to you by Dawn Kopecki at Bloomberg.Com. JPMorgan Chase & Co. (JPM)’s board will consider releasing an internal report this week that faults Chief Executive Officer Jamie Dimon’s oversight of a division that lost more than $6.2 billion on botched trades, said two people with direct knowledge of the matter. […]

Dimon Says London Loss Is Weakness Not Leadership Issue: Exame

Published on January 14, 2013 By admin

The following article is brought to you by Francisco Marcelino at Bloomberg.Com. Jamie Dimon said JPMorgan Chase & Co. (JPM)’s $6.2 billion loss at its London investment office reflects a “weakness” and not a culture or leadership problem, Exame reported, citing an interview with the chief executive officer. Dimon told Exame, Brazil’s biggest business magazine, […]

Three JPMorgan Chase execs to resign in wake of epic $2 billion trading loss

Published on May 15, 2012 By admin

The following article is brought to you by Helen Kennedy at NYDailyNews.Com. UPDATE: JP MORGAN CHIEF INVESTMENT OFFICER OFFICIALLY RETIRES One of the most powerful women on Wall Street was ousted Sunday as heads began to roll at JPMorgan Chase in the wake of its staggering $2 billion trading loss. Ina Drew, JPMorgan’s chief investment […]