Showing 61 - 70 of 74
JPMorgan Chase profit jumps 53% in fourth quarter
AFP, Published on 16/01/2013
» JPMorgan Chase said Wednesday that its fourth-quarter profit had surged 53 percent, capping a third straight year of record income for the US banking giant.
JPMorgan profits jump as 'Whale' losses put behind
AFP, Published on 12/10/2012
» JPMorgan Chase's third quarter earnings surged 34 percent, the US banking giant said Friday, as it put behind the $6 billion of losses racked up earlier this year in its "London Whale" derivatives trade debacle.
JPMorgan's 'London Whale' losses hit $5.8 bn
AFP, Published on 13/07/2012
» JPMorgan Chase on Friday admitted that losses from botched derivatives trades had soared to $5.8 billion, nearly triple the cost originally predicted, while the bank warned of more red ink to come.
JPMorgan losses 'could hit $9 bn'
AFP, Published on 28/06/2012
» The losses from JPMorgan's botched derivatives trade may reach $9 billion, nearly five times the amount announced in May, the New York Times reported Thursday.
JPMorgan chief rejects more regulation after loss
AFP, Published on 14/06/2012
» JPMorgan Chase chief Jamie Dimon insisted Wednesday that his bank is solid and that there was no need for rules to block the derivatives trading that dealt it a shock $2 billion loss last month.
JPMorgan loss fallout could hit energy markets: IEA
AFP, Published on 13/06/2012
» The $2 billion (1.59 billion euros) loss at US giant JPMorgan Chase on risky derivatives trades could prompt regulatory changes affecting energy markets where banks have been major players, the IEA said on Wednesday.
FBI confirms JPMorgan Chase probe
AFP, Published on 17/05/2012
» FBI chief Robert Mueller confirmed Wednesday that his agency had opened a "preliminary" probe into JPMorgan Chase's multibillion-dollar trading loss.
US Justice Dept. investigates JPMorgan: reports
AFP, Published on 16/05/2012
» The US Justice Department has opened an investigation into JPMorgan Chase's more than $2 billion trading loss that the Wall Street bank announced last week, media reports said Tuesday.
Embattled JPMorgan boss survives power challenge
AFP, Published on 15/05/2012
» Under-fire JPMorgan Chase chief executive Jamie Dimon narrowly defeated a shareholder move to significantly curb his powers Tuesday, as his bank faced an FBI probe over a shock $2 billion loss.
White House urges bank reforms after JPMorgan loss
AFP, Published on 15/05/2012
» The White House stepped up pressure for tighter bank regulation Monday after JPMorgan Chase's $2 billion derivatives loss, as the bank said the top official responsible for the loss had resigned.