Fitch Affirms J.P. Morgan Chase 2011-C4 Commercial Mortgage Pass-Through Certificates

By Richard on  From theflipboard.com
NEW YORK–(BUSINESS WIRE)– Fitch Ratings has endorsed 7 classes of J.P. Morgan Chase Commercial Mortgage Securities Corp. 2011-C4 blurb housing loan pass-through certificates. A minute list of rating activities follows at the finish of this release. Fitch’s affirmations are formed on the sound opening of the underlying material pool. The pool has gifted no satisfied losses to date. Fitch has not directed towards any loans as Fitch Loans of Concern, and no loans are in special servicing...Read Full Story

Tokyo, Istanbul, Madrid vie for 2020 Olympics

By cnewsworld on  From cnewsworld.com
CNewsworld Tokyo, Istanbul and Madrid made the first cut among bidders to host the 2020 Olympics, as the International Olympic Committee announced that Baku and Doha were dropped from the running. The IOC will decide which city will host the 2020 Olympics in a final vote on September 7, 2013, at Buenos Aires. That gives the remaining hopefuls more than 15 months to make final impressions upon the IOC to boost their candidacy. Tokyo 2020 bid chief Tsunekazu Takeda said being on the short list...Read Full Story

J.P. Morgan Targeted in Japan Probe

By Greensboro-nc.com on  From greensboro-nc.com
J.P. Morgan Chase faces a new regulatory headache, as Japan's securities watchdog is probing the company for possibly leaking insider information.Read Full Story

Olympics-Madrid 2020 bid team see chance to lift ailing economy - Reuters

By keyfunds on  From latestbusinessreport.com
USA TODAYOlympics-Madrid 2020 bid team see chance to lift ailing economyReuters| MADRID May 24 (Reuters) - Madrid's bid to host the 2020 Olympic Games will help boost Spain's flagging economy if successful, the organising committee said after being named as one of the three cities left in the race to host the world's biggest ...Doha and Baku cut from 2020 Olympic bid fieldAtlanta Journal ConstitutionTokyo organizers thrilled to make the cut in bidding process to host 2020 OlympicsWashington...Read Full Story

J.P. Morgan Chase: NOT Too Big To Fail

By jpfrye on  From collectionagencyhallofshame.blogspot.com
May 14 2011: JPMorgan Chase announced Monday that Ina Drew (pictured), the firm's chief investment officer, has left the bank after revelations of a $2 billion loss sustained over the past six weeks.A statement issued by the company said Drew made the decision to retire, a move that was widely expected after the company disclosed the unit she managed had suffered a major loss.The group had been making trades designed to hedge against risk, but had amassed a large position in credit-default...Read Full Story
J.P. Morgan Welcomes New Vice Chairman
The US based financial giant J.P. Morgan Chase & Co. (NYSE:JPM) has announced that Joseph Walker is rejoining the bank as a vice chairman of investment banking. He will be based in New York and will serve as a senior adviser to clients across ...  
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