CEO Jamie Dimon

(NewsVisual, powered by IntellectSpace) -- With the glare of the business-news media spotlight now focused on JPMorgan Chase & Co (NYSE: JPM) CEO/Chairman Jamie Dimon in the aftermath of his renegotiation of the Bank’s deal with The Bear Stearns Companies Inc (NYSE: BSC), we can also note the fact that JPMorgan’s Board of Directors had to sign off on the new deal and that fact has been eclipsed. The Wall Street Journal, for example, made Mr Dimon the sole focus of its analysis concerning... Read Full Story

(NewsVisual, powered by IntellectSpace) -- Although the news accounts suggests that JPMorgan Chase & Co (NYSE: JPM) CEO/President/Chairman James Dimon may have been slightly mauled by several angry employees of The Bear Stearns Companies Inc (NYSE: BSC) when he visited them in the latter’s own headquarters, he must nevertheless continue to move forward in order to effectively assimilate them into JPMorgan. The report of the Dimon visit in The New York Times suggests this will be no easy... Read Full Story

(NewsVisual, powered by IntellectSpace) -- In a move that probably required the approval of the Board of Directors of the parent company, JPMorgan Worldwide Securities Services (WSS), a division of JPMorgan Chase & Co (NYSE: JPM) that provides global custody and fund services, announced from London on Thursday that it was acquiring the institutional global custody portfolio of Nordea. Nordea is a Nordic leader of the custody of institutional assets with approximately 200 Billion Euros under... Read Full Story

(NewsVisual, powered by IntellectSpace) -- Speculation began to mount that the JPMorgan Chase & Co (NYSE: JPM) buyout of The Bear Stearns Companies Inc (NYSE:BSC) may never occur, at least not at the bargain-basement price of $2 per share that was agreed to last Sunday, according to a report in The Wall Street Journal. "The run-up in Bear Stearns shares has set the stage for a high-stakes game of brinksmanship, with angry investors in one corner and JPMorgan Chief Executive James Dimon and... Read Full Story

“For more than a century, ideological extremists at either end of the political spectrum have seized upon well-publicized incidents to attack the Rockefeller family for the inordinate influence they claim we wield over American political and economic institutions. Some even believe we are part of a secret cabal working against the best interests of the United States, characterizing my family and me as ‘internationalists’ and of conspiring with others around the world to build a more... Read Full Story