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JPMorgan investment chief resigns after $2 bn loss
AFP, Published on 14/05/2012
» JPMorgan Chase's chief investment officer Ina Drew resigned Monday as the White House urged stronger industry regulation in the wake of the bank's stunning $2 billion loss on derivatives trading.
JPMorgan faces new scrutiny after $2bn loss
AFP, Published on 12/05/2012
» One of the pillars of Wall Street -- bank JPMorgan Chase -- faces new scrutiny Saturday after it reported a shocking $2 billion derivatives loss that even its pugnacious chief executive called "egregious."
JPMorgan tarred as shares plunge on $2bn loss
AFP, Published on 11/05/2012
» JPMorgan Chase's shares were pummeled Friday and politicians blasted its CEO Jamie Dimon after the bank reported a shock $2 billion derivatives loss that even the pugnacious chief executive called "egregious."
JPMorgan posts $5.4 bn Q1 profit
AFP, Published on 13/04/2012
» US banking behemoth JPMorgan Chase on Friday announced it made $5.4 billion in the first quarter of this year on growing revenue in its retail business, despite signs of a still-weak mortgage market.