CEO Jamie Dimon

Earlier this month, heavyweight bank JP Morgan Chase announced it had lost at least $2 billion on a single trade — a figure that could grow as the firm struggles to unwind its position. The event has prompted a public airing of many questions: What went ...  

Earlier this month CEO Jamie Dimon revealed that the bank had sold securities that generated $1 billion in gains, and a Reuters analysis breaks down the math: The bank sold an estimated $25 billion in profitable securities in order to generate ...  

Weeks after a staggering $2 billion-plus trading loss, JPMorgan CEO Jamie Dimon will be hauled in front of the Senate Banking Committee next week to provide more information [...]  

WASHINGTON -- The chairman of the Senate Banking Committee said Friday he is asking J.P. Morgan Chase & Co. CEO Jamie Dimon to testify before the panel on June 7. Sen. Tim Johnson, the South Dakota Democrat who heads the committee, said he wants to ask ...  

WASHINGTON — Sen. Tim Johnson has scheduled a hearing with JPMorgan Chief Executive Officer Jamie Dimon before the Senate Banking Committee. Johnson, D-S.D., is the chairman of the committee. JPMorgan recently announced at least $2 billion in ...  

Japan’s widening probe of insider trading reached JP Morgan Chase & Co (JPM.N) on Tuesday as the embattled US bank was identified as the source of leaked confidential information regarding ...  

What's the message here? Whether on point like Dimon or in the shadows, bank CEOs reward themselves no matter what their record. Dimon should at least get credit for showing flesh and blood. Banks aren't mainframes, they are managed by some ...  

JPMorgan Chase & Co has sold an estimated $25 billion of profitable securities in an effort to prop up earnings after suffering trading losses tied to the bank's now-infamous "London Whale," compounding the cost of those trades. CEO Jamie Dimon earlier this month said the bank sold corporate bonds and other securities, pocketing $1 billion in gains that will help offset more than $2 billion in losses. As a result, the bank will not have to...  

CEO Jamie Dimon earlier this month said the bank sold corporate bonds and other securities, pocketing USD 1 billion in gains that will help offset more than USD 2 billion in losses. As a result, the bank will not have to report as big an ...  

WASHINGTON (AP) -- JPMorgan Chase CEO Jamie Dimon is being asked to appear before Senate and House panels next month to answer questions about the bank's $2 billion-plus trading loss. The Senate Banking Committee on Friday scheduled a June 7 ...  

NEW YORK (Reuters) - JPMorgan Chase & Co has sold an estimated $25 billion of profitable securities in an effort to prop up earnings after suffering trading losses tied to the bank's now-infamous "London Whale," compounding the cost of those trades. CEO Jamie Dimon earlier this month said the bank sold corporate bonds and other securities, pocketing $1 billion in gains that will help offset more than $2 billion in losses. As a result, the bank...  

Tampa, Florida - JP Morgan Chase CEO Jamie Dimon sat face to face with shareholders Tuesday. He told them, "The bottom line is, however unfortunate this incident is, we're going to do what we always do: Admit our mistakes, learn from them, and fix them.  

Jamie Dimon is one of the most successful, well-known and outspoken bank executives around. The JPMorgan Chase and former Bank One CEO is known not only for his executive prowess, but also his colorful quotes. Whether the subject is regulation, mortgages, the role of government in the financial system or any number of other topics, Dimon has provided financial reporters with many colorful quotes throughout the years. Here are some of his most...  

By Mark A. CalabriaIt is not surprising that the recent losses at JP Morgan have resulted in calls by current and would-be politicians to remove bankers from the boards of the regional Federal Reserve banks, as JP Morgan CEO Jamie Dimon currently sits on the board of the New York Federal Reserve. There’s even a petition for the [...]Dimon on NY Fed Board a Distraction, Solution Is to Remove the Fed from Bank Regulation is a post from Cato...  

J.P. Morgan Chase & Co. (JPM) officials are looking to push back the June 7 date set for their chief executive's Senate Banking Committee testimony on a recent $2 billion trading loss, Fox Business Network's Charlie Gasparino reported citing sources Tuesday.  

As a part of the move, the US based financial giant J.P. Morgan Chase & Co. (NYSE:JPM) will infuse nearly $394.08 million to its Chinese subsidiary – JPMorgan Chase Bank (China) Company. Shao Zili, chairman and CEO of JPMorgan Chase & Co ...  

NEW YORK (TheStreet (Symbol : TST)) -- Calls for JPMorgan Chase (Symbol : JPM) CEO Jamie Dimon to step down from the board of directors of the New York Federal Reserve are growing louder following the disclosure of the bank's $2 billion trading loss.  

The hypocrisy from Sen. Lee and JPMorgan Chase CEO Jamie Dimon overfloweth. But does the Case of the Senator's Short Sale rise to the level of full-blown corruption? Mr. Dimon and Sen. Lee need to answer some questions. But first, this story ...  

(AP) -- JPMorgan Chase CEO Jamie Dimon is facing shareholders five days after ... Investors have pummeled JPMorgan's stock price since Dimon disclosed the trading loss on Thursday. The stock has dropped 12 percent and lost almost $20 billion ...  

They immediately saw the mammoth financial institution presenting the loss ... JPM is also near the bottom in terms of estimated 2012/2013 P/E, and its 3.7% dividend is more than 2X the average bank's payout. Fundamentally, the company has ...  

The saga of Jamie Dimon at JP Morgan Chase raises questions about the value of a good reputation.Reputation is something every leader possesses. What he does with it matters to the organization.Case in point: Jamie Dimon, CEO of JP Morgan Chase. The reason he has so far survived the derivative trading episode that cost his company over $2.5 billion and may cost twice that, is his reputation. He is the last lion standing from the heady pre-2008...  

Jamie Dimon who holds both the position of Chairman and CEO ... Any available public resume indicates there is no background in oil and gas trading.  Given that the price of oil is constantly referred to in financial media it means that someone else ...  

TOKYO (Reuters) - Japan's widening probe of insider trading reached JP Morgan Chase & Co on Tuesday as the embattled U.S. bank was identified as the source of leaked confidential information regarding a planned share offering by Nippon Sheet Glass ...  

TOKYO -- JP Morgan Chase faces a new regulatory headache, as Japan's securities watchdog is probing the company for possibly leaking insider information, according to a person familiar with the matter. JP Morgan was a lead underwriter for Nippon Sheet ...  

JP Morgan Chase is the too big bank that just had a $2 billion trading loss. This caused criticism of its Chairman  and CEO (Jamie Dimon). Yesterday gave me a laugh when Obama defended Dimon and JP Morgan Chase. Today another big laugh when CALPERS (the ...  

Last week we wrote on JP Morgan Chase upsets financial market again; is it a form of discrimination? Yesterday Huffington Post Tamara Lush and Pallavi Gogo reported CEO Jamie Dimon was unusually subdued at the JPMorgan annual meeting with shareholders.  

Suzy Welch is an author, speaker and the former Editor of the Harvard Business Review. PHOTO Jamie Dimon, chairman and chief executive of JP Morgan Chase and Co, speaks at the 2012 Simon Graduate School of Business’ New York City Conference in New York ...  

The US Senate Banking Committee said they will examine and cross-examine JP Morgan (NYSE: JPM) CEO Jamie Dimon. It will be a chance for pols to opine on the bad management of large financial firms are, how they trade for their own profits regardless of the ...  

Japan's widening probe of insider trading reached JP Morgan Chase & Co on Tuesday as the embattled U.S. bank was identified as the source of leaked confidential information regarding a planned share offering by Nippon Sheet Glass in 2010. Three people with ...  

William Dudley, who is now the New York Fed president, was granted a waiver to let him keep investments in AIG and General Electric at the same time AIG and GE were given bailout funds. Wall Street wives got in on the ...  

Credit Jamie Dimon for falling on his sword — an ego-draining ... because JPMorgan is known for its conservative approach to investing. These aren’t high rollers. But it’s that twist — that even a titan of caution such as Dimon can ...  

JP Morgan Chase CEO Jamie Dimon sat face to face with shareholders in Tampa Tuesday, will keep chairman of the board title.  

JPMorgan Chase & Co. and CEO Jamie Dimon are still getting plenty of heat over the bank’s $2 billion investment loss. Click below to see some of the headlines facing Dimon and his Chase cadre this morning. Chase (NYSE: JPM) and Dimon face investment, political and regulatory criticism over the loss. Chase Bank is one of Arizona’s largest banks and mortgage lenders.  

It is nigh on impossible to overlook JP Morgan Chase (JPM-NYSE) as the stock to feature in SOTW. JPM and its high-profile chairman and CEO, Jamie Dimon, have been all over the news the past week because of its $2 billion ...  

SCHANGHAI (Dow Jones)--Die US-Großbank JP Morgan Chase & Co baut ihr Geschäft im schnell wachsenden China aus. Die New Yorker Gesellschaft pumpt nach eigenen Angaben knapp 400 Millionen US-Dollar in die Tochter JP Morgan Chase Bank (China) Co. Das Geld fließe in den Ausbau des Filialnetzes sowie in die Produktentwicklung. Zudem...  

JPMorgan Chase CEO Jamie Dimon is being asked to appear before Senate and House panels next month to answer questions about the bank's $2 billion-plus trading loss. The Senate Banking Committee on Friday scheduled a June 7 hearing for Dimon to testify.  

WASHINGTON The Senate Banking Committee on Thursday summoned JPMorgan Chase CEO Jamie Dimon to testify under oath about the huge losses his company suffered on an investment strategy that sank JPMorgan’s share price, heightened concerns about ...  

As the new, short week kicks off, it was revealed on Tuesday that JP Morgan Chase has sold off approximately $25 billion of securities in an effort to boost the earnings numbers after seeing terrifyin ...  

Holding your breath about the fallout from J. P. Morgan Chase’s derivatives losses? Yesterday, if you believed Politico, you could exhale. Senate Banking Committee Chair Tim Johnson of South Dakota announced his panel would call JP Morgan ...  

With the startling news last week of JP Morgan Chase’s $2 billion trading loss and the attention the bank has earned in the fallout from politicians, the news media, and even President Obama, it is all the more startling to notice, in ...  

JP Morgan Chase CEO Jamie Dimon will be called to testify before the Senate Banking Committee in the coming weeks, the panel’s chairman announced Thursday — and Dimon plans to accept. Sen. Tim Johnson (D-S.D.) said Dimon – whose firm has ...  

The shocking admission on May 11 by JP Morgan Chase CEO Jamie Dimon that the bank had suffered a $2 billion loss on a bad derivatives bet at their London office has served as a painful reminder that nothing has...  

Reeling from a massive $2 billion loss on a risky bet, JPMorgan Chase (JPM) CEO Jamie Dimon has launched a campaign of contrition to contain the damage. "We made a terrible, egregious mistake and there's almost no excuse for it," he told NBC's 'Meet the ...  

JPMorgan Chase CEO Jamie Dimon has been invited to testify before the Senate Banking Committee on June 7 regarding the $2 billion trading loss his bank announced earlier this month. "I expect Mr. Dimon to come prepared to provide the committee a better ...  

Jamie Dimon said that JPMorgan Chase's mistakes were "self-inflicted." TAMPA, Fla. — JPMorgan Chase CEO Jamie Dimon, facing shareholders five days after the bank disclosed a $2 billion trading loss, said Tuesday that the company’s mistakes ...  

JPMORGAN Chase CEO Jamie Dimon is being asked to appear before Senate and House panels next month to answer questions about the bank's US$2 billion-plus trading loss. The Senate Banking Committee on Friday scheduled a June 7 hearing for Dimon to testify. The hearing is one day after federal regulators appear before the panel on the topic.  

Jamie Dimon has agreed to testify before Congress about JPMorgan Chase & Co.’s $2 billion blunder. Dimon — who declared “the buck always stops with me” after announcing the monumental loss last week — was invited to appear before the ...  

JPMorgan Chase CEO Jamie Dimon is being asked to appear before a Senate panel next month to answer questions about the bank’s $2 billion-plus trading loss. The Senate Banking Committee on Friday scheduled a June 7 hearing for Dimon to testify.  

JP Morgan CEO Jamie Dimon will testify before the Senate Banking Committee, Bloomberg reports. EARLIER: JP Morgan CEO Jamie Dimon has been invited to testify before the Senate Banking Committee over the bank's $2 billion trading loss, according to a ...  

JPMorgan (NYSE: JPM) CEO Jamie Dimon continued his apology and damage control roadshow Tuesday when he addressed shareholders at the bank's annual meeting. Even amidst regrets over the massive $2 billion trading loss, the merciful bunch of investors approved Dimon's $23 million pay package. The repentant Dimon briefly addressed the group after the meeting began, requesting forgiveness. "This should never have happened. I can't justify it...  

(CBS/AP) TAMPA, Fla. - JPMorgan Chase CEO Jamie Dimon is set to face shareholders days after announcing a $2 billion trading mistake and while a full-scale revolt is unlikely, there may be calls for the bank to split the roles of chairman and ...  

WASHINGTON — JPMorgan Chase CEO Jamie Dimon is being asked to appear before a Senate panel next month to answer questions about the bank’s $2 billion-plus trading loss. The Senate Banking Committee on Friday scheduled a June 7 hearing for Dimon to testify.  

As the trading debacle at JP Morgan continues to tarnish CEO Jamie Dimon's reputation, a number of officials have not-so-subtlety hinted that his role at the New York Federal Reserve should come to an end. They can add one more name to their list: Federal ...  

NEW YORK — JPMorgan Chase CEO Jamie Dimon owned up to stock analysts and went on TV to accept blame for a $2 billion trading mistake. Next he faces shareholders, who are considerably less wealthy since the blunder was disclosed. While Dimon ...  

TAMPA, Fla. — After surviving a push to oust him as chairman, embattled JPMorgan Chase & Co. Chief Executive Jamie Dimon now faces a Justice Department probe into how the bank lost $2 billion from risky trades. The investigation, being handled ...  

JPMorgan CEO Jamie Dimon may be under siege from regulators and shareholders following the firm's $2 billion trading loss, but at least he looks good. Dimon is one of the 10 best-dressed CEOs in the country, according to a panel of image consultants ...  

So Jamie Dimon, the CEO of JP Morgan Chase, still thinks the banking industry can regulate itself? Without government regulations, the “too big to fail” banks brought the U.S. economy to its knees with unchecked speculation in 2008, and it ...  

The past few days have shown exactly how little Washington politicians know about the free enterprise system in the United States. Almost from the first moment Jamie Dimon (CEO JP Morgan Chase) announced the loss of $2 billion in a trade, Members of Congress walked to microphones and belittled the bank and CEO. Folks, companies lose money all the time - just like regular people do. However, our elected leaders make it sound like JP Morgan...  

JPMorgan Chase CEO Jamie Dimon slid through Tuesday's annual shareholder meeting in Tampa as if he was coated with Teflon. He suffered a few scoldings from investors upset over the bank's recent $2.3 billion trading loss involving complex ...  

WASHINGTON (AP) — JPMorgan Chase CEO Jamie Dimon is being asked to appear before a Senate panel next month to answer questions about the bank's $2 billion-plus trading loss.The Senate Banking Committee on Friday scheduled a June 7 hearing for Dimon to testify. The hearing is one day after federal regulators appear before the panel on the topic.Dimon has told the committee through a spokesman that he will testify. He has called the misstep "a...  

Shareholders have filed 2 suits against JPMorgan Chase, over the $2 Billion trading loss the company suffered last week. According to The Wall Street Journal, the suits allege that CEO Jamie Dimon misrepresented the risk involved in the trades ...  

NEW YORK/LONDON (Reuters) - JPMorgan Chase & Co's shock trading loss of at least $2 billion from a failed hedging strategy knocked financial stocks across the globe on Friday, as well as the reputation of the biggest U.S. bank by assets and its CEO Jamie Dimon.  

May 15 (Bloomberg) -- Sarat Sethi, a principal and portfolio manager at Douglas C. Lane & Associates, talks about JPMorgan Chase & Co.'s $2 billion trading loss and the role of Chief Executive Officer Jamie Dimon. Sethi speaks with Stephanie Ruhle, Scarlet Fu, Sara Eisen and Erik Schatzker on Bloomberg Television's "InsideTrack." (Source: Bloomberg)  

The embarrassing losses at megabank JPMorgan Chase reverberated in Washington, Wall Street and on the campaign trail Sunday, with JPMorgan Chase chief executive Jamie Dimon acknowledging that the bank “made a terrible, egregious mistake” by dismissing worrisome signs earlier this year about the bank’s trading strategy. Read full article >>  

Dimon said Sunday that JPMorgan's mistakes were likely to boost efforts to more tightly regulate the biggest banks. Dimon and JPMorgan, in particular, have led the charge against many of the proposals in the Dodd-Frank Act, marshaling the credibility they ...  

JPMorgan Chase CEO Jamie Dimon came clean to stock analysts and accepted blame in a TV interview for a $2 billion trading mistake. Next he faces the shareholders, who have taken a big hit from the bank's blunder. Dimon travels to Tampa on ...  

By Pallavi Gogoi, The Associated Press NEW YORK, N.Y. - Pressure is building on CEO Jamie Dimon after JPMorgan Chase & Co.'s $2 billion loss in a trading blunder. JPMorgan's disclosure has led lawmakers ...  

JPMorgan Chase (JPM) stockholders, beware. JPM's ongoing multibillion dollar bleed from the London Whale's gamble-gone-wrong highlights two big, related risks facing the company: a hot-money bank run, and the disintegration of CEO Jamie Dimon's likely ...  

NEW YORK, N.Y.—JPMorgan Chase CEO Jamie Dimon was expected to face tough questioning at the bank’s annual shareholders meeting Tuesday over a $2 billion trading mistake that has cost one of his senior executives her job. Shareholders, however, are ...  

Maybe it's a case of putting your mouth where your money is. President Barack Obama praised JP Morgan Chase in an interview recorded Monday as "one of the best managed banks there is" and its CEO, Jamie Dimon, as "one of the smartest bankers we got." On Tuesday, the White House made public financial disclosure forms showing the president and First Lady Michelle Obama had between $500,001 and $1,000,000 in a "JP Morgan Chase Private Client...  

(AP) NEW YORK - JPMorgan Chase CEO Jamie Dimon owned up to stock analysts and went on TV to accept blame for a $2 billion trading mistake. Next he faces shareholders, who are considerably less wealthy since the blunder was disclosed. While Dimon ...  

In their latest Daily Beast article, Newsweek reporter Peter Boyer and contributing Breitbart News editor Peter Schweizer argue that JP Morgan Chase and Jamie Dimon have little to fear from the FBI's probe into the financial giant's nearly $3 ...  

The mega-bank's stock is plunging, its reputation has been battered, and now the Justice Department is investigating whether it committed a crime  

US Senate candidate and longtime consumer advocate Elizabeth Warren has called on JPMorgan Chase CEO Jamie Dimon to resign from his post on the New York Federal Reserve Board, citing a need for greater "responsibility and accountability."Contributor: Brett WilkinsPublished: May 14, 2012  

PARIS (Reuters) - The board of directors of French digital video specialist Technicolor (TCH.PA) has backed a plan for U.S. bank JPMorgan Chase (JPM.N) to take a stake of up to 29.96 percent over a rival offer from private equity firm Vector Capital.  

May 29 (Bloomberg) -- Simon Johnson, a professor at the Massachusetts Institute of Technology and a senior fellow at the Peterson Institute for International Economics, talks about the European sovereign debt crisis and his petition to have JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon removed from the Federal Reserve Bank of New York's board of directors. Johnson, speaking with Tom Keene on Bloomberg Television's "Surveillance...  

TAMPA, Fla. (AP) -- JPMorgan Chase CEO Jamie Dimon, facing shareholders five days after the bank disclosed a $2 billion trading loss, said Tuesday that the company's mistakes were "self-inflicted." Dimon, speaking at the company's annual meeting ...  

The CEO of JPMorgan Chase, which disclosed a $2 billion loss last week, said he was "dead wrong" when he dismissed concerns about the bank's trading last month. The Monitor's View: What next for JPMorgan Chase and Jamie Dimon after $2 billion loss JP ...  

NEW YORK — JPMorgan Chase chief executive Jamie Dimon owned up to stock analysts and went on television to accept blame for a $2 billion trading mistake. Next, he faces shareholders, who are considerably less wealthy since the blunder was ...  

That didn't take long. Less than a week after JPMorgan Chase disclosed massive trading losses, investors who own bank stock have filed three different lawsuits alleging that bank officers failed to disclose information about the bad trade, which ...  

The credibility of any leader depends on his or her ability to learn. JPMorgan CEO Jamie Dimon isn't showing many signs of that.The repercussions of the massive trading loss at JPMorgan Chase are undoubtedly in the early stages, but there are already important leadership lessons to be learned from the conduct of CEO Jamie Dimon.Ultimately, leadership is a practice of learning: Leaders must learn in order to stay relevant, and in order to be...  

After shrugging off warning signs, JPMorgan CEO Jamie Dimon described the company's $2 billion loss as "a Risk 101 mistake." Who's responsible for such a costly, but elementary screw-up? Let's start with the bank's risk committee, which, as Bloomberg reports, includes "a museum head who sat on American International Group Inc.'s governance committee in 2008, the grandson of a billionaire and the chief executive officer of a company that makes...  

For decades the agencies that regulate the nation’s major banks have had their own employees imbedded in the banks themselves. The regulators run regular exams to make sure the banks are playing by the rules. They get the same reports the top ...  

A JPMorgan Chase & Co. (JPM) (JPM) employee in Japan was found to have leaked insider information connected to Nippon Sheet Glass Co.’s 2010 share sale, according to two people with knowledge of the situation. The people, who declined to ...  

"We made a terrible, egregious mistake," Jamie Dimon said in an interview broadcast Sunday ... Investors shaved almost 10 percent off JPMorgan's stock price the next day. "We got very defensive. And people started justifying everything we ...  

The timing of the JPMorgan meeting adds a layer of intrigue. JPMorgan stock was down almost 2 percent on Monday, a much bigger decline than the broader market. It had already lost almost 10 percent of its value on Friday, the day after Dimon ...  

Fox Business Network's Charlie Gasparino reported citing sources Tuesday. Jamie Dimon is likely to be asked to testify on the same issue before the House Financial Services Committee--scheduled "unofficially" for June 20--and J.P. Morgan wants ...  

If you add in the drop in the stock price, then JPMorgan losses are more like $30 billion.Obama is of course mute when it comes to criticizing the banksters, especially when it involves an old pal like JPMorgan CEO Jamie Dimon.Dimon, in his comments on Monday, said the bank wasn’t going to keep [...]  

Like "The Killer," Jerry Lee Lewis, says, "there's a whole lotta shakin' goin' on" at JP Morgan Chase. CEO Jamie Dimon still has his job, even as the bank's stock price took a hit, and chief investment officer Ina Drew took a hike, by taking ...  

(MoneyWatch) JPMorgan Chase (JPM) CEO Jamie Dimon sits on the board of directors of the Federal Reserve Bank of New York, which as one of the main institutions charged with supervising the financial giant is now looking into how the company ...  

Once a shining light on Wall Street, JP Morgan’s impeccable record is stained by a multi-billion pound scandal, while chief executive Jamie Dimon has seen his hopes of becoming US Treasury Secretary shattered.  

JP Morgan Chase chairman and chief executive Jamie Dimon has agreed to appear before a Senate committee to explain the bank's unexpected $2bn (£1.3bn) loss on high-risk trades. US senator Tim Johnson, who chairs the Senate Banking Committee ...  

Jamie Dimon, CEO of JP Morgan Chase, is a member of the board of the New York Federal Reserve Bank. Mr. Dimon's role there is sometimes presented as "advisory" but he sits on the Management and Budget Committee; here is the committee's charter ...  

Morning Business Memo Until late last week JP Morgan Chase CEO Jamie Dimon was Wall Street’s golden boy: the man who led the banking industry’s resistance to stricter government oversight. Today Dimon is facing pressure from Congress and shareholders after the firm’s shocking $2 billion...  

Chipotle Mexican Grill opens a new location every few days, and has seen several quarters of growth while other chains falter. We talk to Steve Ells, CEO, about his company's recipe for success (hint: lots of guac). With shares of Facebook about to go on the market after months of anticipation, how much of a chance does the average shareholder even have of scooping some up? JP Morgan Chase CEO Jamie Dimon will face shareholders at the bank's...  

Squeeze play: JPMorgan has been selling profitable securities to prop up second-quarter results after the bank's chief investment office and the trader known as the London Whale incurred billions in losses. The asset sales may be tax inefficient, and will deprive the lender of future gains, which is just too bad for Jamie Dimon's firm. With its share price down 18 percent from the day before the trading losses were first reported, JPMorgan is...  

Two weeks ago, JPMorgan Chase (NYS: JPM) CEO Jamie Dimon announced that the bank had suffered multibillion-dollar losses on structured credit products in its Chief Investment Office (CIO) unit. One question that has come up repeatedly since then ...  

A JPMorgan Chase & Co. (JPM) employee in Japan was found to have leaked insider information connected to Nippon Sheet Glass Co.’s 2010 share sale, according to two people with knowledge of the situation. The people, who declined to provide any ...  

Democratic U.S. Senate candidate Elizabeth Warren has called on J.P. Morgan Chase CEO Jamie Dimon to resign his position with the New York Federal Reserve Bank, after J.P. Morgan lost $2 billion in a trading mistake. Warren said a resignation by ...  

JPMorgan Chase & Co. has been hit with another lawsuit, this time on behalf of employees whose retirement income lost value after the company disclosed a $2 billion trading loss, Reuters reported Tuesday. The complaint, filed late Monday in U.S. District Court in Manhattan, also names CEO Jamie Dimon and former executive Ina Drew as defendants. They are accused of violating their duties to 401(k) and other retirement plan participants by...  

Over the weekend it was learned that three top executives at JP Morgan Chase will be fired from the company as early as this morning. Of course, the company is claiming these three people are resigning, but in reality the difference between being fired and resigning is a simply piece of paper. Not included in that list of folks losing their jobs at JP Morgan Chase is CEO Jamie Dimon. It's common on Wall Street and in politics for the guy or...  

Answer: Scott Brown's recent letter to JPMorgan Chase. Scott Brown wrote to JPMorgan CEO Jamie Dimon, supposedly "to express [his] concern with the surprising $2 billion trading loss" by the bank -- a total that has since climbed to $3 billion.  

NEW YORK (CNNMoney) -- Is there a conflict of interest when bankers like JPMorgan Chase CEO Jamie Dimon serve on the board of the same institution that regulates them? Insiders say no. But critics harp on the central bank for what seems like an ...  

JP Morgan CEO Jamie Dimon is expected to make a presentation at the Deutsche Bank Global Financial Services Investor Conference at 9:30 am today. You can listen in here, but we'll be live-blogging the talk in case Dimon comments on the bank's recent $2 ...  

JP Morgan CEO Jamie Dimon announced that his embattled bank is halting its daily stock repurchase plan at an investor conference in New York on Monday. Dimon said that the move was designed to increase capital levels to "what we think our Basel III target ...  

(AP) NEW YORK - JPMorgan Chase (JPM) CEO Jamie Dimon says the bank is suspending plans to buy back its own stock. Dimon said Monday the bank will continue to pay a dividend despite the $2 billion trading loss disclosed on May 10. "It's an ...  

In the wake of JP Morgan Chase’s startling news last week of its $2 billion trading loss, and of the equaling startling statements of Jamie DImon, the bank’s CEO, that the losing trades were, among... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]  

But the costs are significant. In statements about the latest losses, Dimon has been careful to emphasize the disadvantage of paying more taxes, said Chris Kotowski, an analyst at Oppenheimer & Co. "I think he was trying to tell you ...  

The Senate Banking Committee plans to call JP Morgan Chase CEO Jamie Dimon to testify following the bank’s $3 billion trading loss. “Over the past week, my staff and Ranking Member [Richard] Shelby’s staff have jointly held briefings with regulators regarding the JPMorgan Chase trading loss, as well a briefing with the company itself. Our [...]  

Despite running a bank with a highly publicized $2 billion trading loss, JP Morgan CEO Jamie Dimon still has the support of the company's stockholders, at least according to the annual shareholders meeting during which 91.5 percent of shareholders voted to approve his multi-million pay package.  

JP Morgan does not have $2T available for hedging loses. The amount available is limited to equity within the unit that is hedging. The amount available is not the entire equity of the firm and even then it is not $2T. The 2012 tier I common is listed at $128B.It is disturbing though that the losses may not be finoshed. It may be $1B more as the positions are wound down.If the trader(s) responsible did indeed overstep regulatory boundaries...  

WASHINGTON: JPMorgan Chase's embattled chief executive Jamie Dimon will be hauled before Congress ... Dimon will testify before the Senate Banking Committee as committee chair Tim Johnson vowed to "get to the bottom of the massive trading ...  

Chief Executive Jamie Dimon earlier this month said the bank sold corporate bonds and other securities, pocketing $1 billion in gains that will help offset more than $2 billion in losses. As a result, the bank will not have to report as big an earnings hit ...  

JP Morgan boss Jamie Dimon will appear before the Senate banking committee on 7 June to answer questions about the bank's $2bn trading loss. Dimon has accepted a request from senator Tim Johnson, chairman of the committee, who said it should "hear directly ...  

The following video is from today's MarketFoolery podcast, in which host Chris Hill, along with Mike Olsen, Jason Moser, and Joe Magyer, discuss the latest business news. JPMorgan Chase CEO Jamie Dimon announced that the company is suspending ...  

Vertex Pharmaceuticals (NASDAQ: VRTX)‘s stock had its “overweight” rating reiterated by equities research analysts at JPMorgan Chase (NYSE: JPM) in a research note issued to investors on Tuesday. The analysts wrote, “This morning, Vertex announced ...  

Once one of the most admired CEOs on Wall Street, JPMorgan CEO Jamie Dimon has come under fire from all corners after the bank disclosed a massive $2 billion loss on trades that Dimon attributed to "sloppiness."  

The nation's largest bank is scrambling to contain the fallout from a risky bet gone wrong, but some say the purge has to start at the top  

Since when does a mea culpa deserve praise? JPMorgan Chase CEO Jamie Dimon shows how low the leadership bar can go.If you watch certain financial news shows you'd think that JPMorgan Chase CEO Jamie Dimon is a genius. Even after a $2 billion dollar loss at his company due to risky, trading "stupidity" (his words), many who have opined on this situation framed the negative news with similar caveats:"If there is one guy you want at the head of...  

"When JP Morgan lost at least two billion but now some reports are saying it may be at least seven billion dollars when they made risky derivatives trades Elizabeth Warren and then later Senator Sanders and Senator Barbara Boxer and others asked ...  

Jamie Dimon faces a direct challenge to his iron grip on JP Morgan Chase when shareholders vote on whether to split his role as chairman and chief executive just days after the bank stunned Wall Street with a $2bn trading loss.  

JPMorgan Chase & Co. has suspended its $15 billion share-buyback program in the wake of the bank's $2 billion-plus trading loss, the Wall Street Journal reported. The Journal reported that Chase CEO Jamie Dimon said the loss inhibited the bank's ability to strengthen its capitalization. The company is the third largest bank in the Dayton region, with $2.1 billion in deposits. Note: Click here for the Top 25 bank brands in America. Click...  

WASHINGTON -- JPMorgan Chase CEO Jamie Dimon is willing to testify at a congressional hearing this spring on the bank's $2 billion trading loss. Sen. Tim Johnson, a South Dakota Democrat who heads the Senate Banking Committee, says he has ...  

SHANGHAI: JP Morgan Chase & Co has injected 2.5 billion yuan ($ ... Hong Kong and elsewhere as part of its jobs cull to save billions of dollars. DBS, Southeast Asia's largest bank, said in April it is planning to make an injection of 2.3 ...  

"Jamie Dimon was at the forefront of efforts to weaken the ... "Hedging on an asset-by-asset basis could be more costly, more complicated," Goldstein points out. "Sometimes, if you have many assets that can go in one direction [up or down ...  

At the annual JPMorgan Chase shareholders meeting on Tuesday morning in Tampa, Fla., CEO Jamie Dimon offered what amounted to a spirited defense of the bank’s efforts to lobby against stiffer financial regulation. “Our interest is the same ...  

Last week,the U.S. District Judge in Miami preliminarily approved JPMorgan Chase & Co.’s (JPM) $110 million overdraft fees settlement agreement. This settlement will take place between the company and more than one million plaintiffs who ...  

JPMorgan CEO Jamie Dimon was called before the Senate banking panel on Thursday to testify about the bank's recent trading losses. U.S. Senate Banking Committee Chairman Tim Johnson made the announcement in a statement posted on the committee website.  

Associated Press photoThree top executives at JPMorgan Chase have resigned since the company announced it lost $2 billion on bad bets. But should JPMorgan Chase CEO Jamie Dimon also take a tumble for this financial fiasco? Should Jamie Dimon resign...  

"Our due diligence has made it clear that the Banking Committee should hear directly from JPMorgan Chase's CEO, Jamie Dimon, and following our two Wall Street reform oversight hearings I plan to invite him to testify," Johnson said. A JPMorgan ...  

JP Morgan Chase’s plan to launch an exchange-traded fund (EFT) backed by physical copper have come under fire from US manufacturers who argued the product would ‘grossly and artificially inflate prices’ and ‘wreak havoc on the US and ...  

"So, you really didn't know what was going on ... until you read the press reports (in April)?" Shelby asked them. The trading loss was disclosed May 10 by JPMorgan CEO Jamie Dimon in a hastily convened conference call with investors and journalists.  

Updated with report on analyst downgrade. NEW YORK (TheStreet) -- Shares of JPMorgan Chase were down more than 2% Monday afternoon after CEO Jamie Dimon said the bank will suspend its share repurchase program at an investor conference. The announcement prompted a downgrade from Evercore Partners analyst Andrew Marquardt from overweight rating to equal weight. ... Click to view a price quote on JPM. Click to research the Banking industry...  

JPMorgan Chase is suspending plans to buy back its own stock, a little over a week after the bank posted a large trading loss. The largest U.S ... lopping off $30 billion of market value. The loss has also hurt the reputation of CEO Jamie Dimon, who ...  

NEW YORK (TheStreet) -- Reports out over the past couple of days indicate JPMorgan Chase CEO Jamie Dimon looked like he wanted to vomit when told of his firm's now-infamous $2 billion trading loss. According to The Wall Street Journal Dimon "didn't sleep well for the next several nights ... and fought the anxiety by getting up very early to exercise and head into the office." TheStreet contributor Susan Antilla did an excellent job discussing...  

The SEC is examining the bank's disclosures to shareholders about the trading loss. The loss was disclosed May 10 by JPMorgan CEO Jamie Dimon in a hastily convened conference call with investors and journalists. Dimon in April had dismissed ...  

The Dow Jones Industrial Average (DJI:DJIA)  rose 126.05 points, or 1%, to 12,495.43. J.P. Morgan Chase & Co. (NYSE:JPM)  lost the most ground among the Dow’s 30 components. CEO Jamie Dimon told a conference Monday in New York that the bank ...  

Remember the $2 billion derivative trading loss JP Morgan announced a little over two weeks ago? It is getting bigger—a whole lot bigger according to a cnn report (May 20). One thing seems clear about JP Morgan Chase’s $2 billion loss. It’s no longer ...  

The news of JPMorgan Chase & Co. (NYSE:JPM) CEO and Chairman, Mr. Jamie Dimon testifying before Congress on losses has raised suggestions that Morgan Stanley (NYSE:MS) CEO will be next over the losses experienced by traders of the Facebook Inc ...  

"This should never have happened ... I can't justify it." JPMorgan Chase Chairman and CEO Jamie Dimon apologizing for a $2 billion loss at a shareholders meeting before being awarded $23 million in salary and bonuses "...  

It’s no secret that Susan Bysiewicz has been campaigning hard to paint U.S. Rep. Chris Murphy as a friend of Wall Street even though progressive advocacy groups and unions continue to endorse him over her.  

At the heart of the latest news about JP Morgan Chase’s $2 Billion dollar trading loss story, now believed to be at least $3 Billion and possibly $4 or even $5 Billion, lies one gentleman, Bruno Iksil, a/k/a the “London Whale.”  Before the latest ...  

JPMorgan Chase is suspending its share buybacks but maintaining its dividend as it licks its wounds from the aftermath of its $2 billion hedging loss, CEO Jamie Dimon said Monday. Speaking to investors at the at the Deutsche Bank Securities Global ...  

MINYANVILLE ORIGINAL Yesterday it came out that JPMorgan (JPM) lost $1 billion more than the company initially reported on its dodgy bets. Including derivatives the firm will lose a total of about $5 billion. The Wall Street Journal interviewed people that were present when JPMorgan CEO Jamie Dimon first saw the positions in the Chief Investment Office and it was reported that he "couldn't breathe." Dimon personally approved of the disastrous...  

The GuardianJPMorgan CEO says $2-billion trading loss not 'life threatening'Los Angeles TimesChief executive Jamie Dimon admits JPMorgan Chase was 'sloppy' and 'stupid,' and worries the trading loss could empower regulators to further restrict risky trades by large banks. A pedestrian passes JP Morgan Chase & Co. headquarters in New York on ...Dimon: JP Morgan Loss 'Terrible, Egregious Mistake'Wall Street JournalJPMorgan CEO 'dead wrong' about...  

JPMorgan Chase has sold an estimated US$25 billion ($32 billion) of profitable securities in an effort to prop up earnings after suffering trading losses tied to the bank's now-infamous "London Whale," compounding the cost of those trades.  

CEO Jamie Dimon tried to quiet the storm at JPMorgan Chase&Co.;’s annual shareholders’ meeting last week, just days after he called the bank’s actions “stupid” and “sloppy” in a TV interview and the bank announced that chief ...  

CBC.caJP Morgan's Loss: Lessons From a FiascoWall Street JournalBy FRANCESCO GUERRERA No, not for stunning the markets with a trading loss of $2 billion-plus. Mr. Dimon, chairman and chief executive of JP Morgan Chase & Co., is showing that large banks are far too big to manage. Even though the blunder won't come ...Key senator calls for hearings on JPMorgan trading lossLos Angeles TimesJPMorgan CEO Jamie Dimon speaks in New York on Oct. 27...  

Last week, a brace of headlines twitterpated the financial world. One was out of romantic Italy, the other on the Street of Dreams, both dealing with the venerable bank/dealer/trader/broker with the curious amalgam of the oldest family escutcheon on Wall Street.  

JPMorgan Chase's (NYSE: JPM) CEO Jamie Dimon has agreed to testify in a congressional hearing early this June to discuss his company's $2 Billion trading loss. Dimon revealed this loss in a conference call earlier this month. One research analyst ...  

CEO Jamie Dimon also won a shareholder endorsement of his pay package from last year, which totaled $23 million, according to an Associated Press analysis of regulatory filings. Dimon, unusually subdued, told shareholders at the JPMorgan annual ...  

JPMorgan Chase & Co.’s (NYSE: JPM) shareholders have voted to keep CEO Jamie Dimon as chairman of the financial giant, even in the wake of shareholder lawsuits and an FBI probe into a recent $2.3 billion trading loss. At the bank’s annual meeting May 15 in Tampa, Fla., no shareholders called for the Dimon’s ouster, and the shareholders voted against splitting his title of CEO and chairman. The Tampa Bay Times reports that protesters outside...  

JPMorgan Chase (NYSE: JPM) beleaguered CEO Jamie Dimon will not be happy when he reads through Friday's papers. The Financial Times reported that more than a dozen senior traders and credit experts know that JPMorgan is in a lot more trouble than just suffering $2.3 billion - and counting - in losses. Turns out the unit at JPMorgan that's responsible for the loss has been the biggest buyer of European mortgage-backed bonds and other...  

“By taking the initiative itself to suspend repurchases, J.P. Morgan appears to be acting like a responsible adult,” Seiberg wrote in a note. “That will buy it credibility in the coming weeks when Jamie Dimon appears on Capitol Hill.” Over 20 ...  

WASHINGTON, May 25 (Reuters) - JPMorgan Chase & Co's Chief Executive Jamie Dimon will be invited to testify before a Senate Banking Committee panel on June 7 to give lawmakers insight into the largest U.S. bank's mounting $2 billion trading loss ...  

The Senate Banking Committee today invited JPMorgan Chase CEO Jamie Dimon to testify on the bank’s recent $2 billion trading loss as part of the panel’s upcoming hearings on implementing the Wall Street reform law.  

Thanks to disastrous trades made by “the London Whale,” JPMorgan JPM-N lost more than $2-billion (U.S.) and, for a brief, shining moment, CEO Jamie Dimon lost his customary brash arrogance ... Steagall get implemented? Don’t count on it, for the ...  

The FBI in New York has opened an inquiry into JP Morgan Chase's $2 billion loss, NBC 4 New York has learned. People familiar with the matter tell NBC 4 New York that the inquiry is not a criminal investigation. The FBI is taking a preliminary look at the incident. JPMorgan Chase CEO Jamie Dimon disclosed last week that the bank had lost the $2 billion by making a bad bet with so-called credit derivatives. Investors lopped off nearly 10...  

Ina Drew, a thirty-year veteran of JP Morgan Chase and one of Wall Street's most senior women bankers, has quit, as the bank fights to contain massive losses at its London operation.Jamie Dimon, JP Morgan's chief executive, said Sunday there was "no excuse" for the disastrous series of bets it made under the guidance of Drew, the chief investment officer.Drew, 55, was one of the bank's highest-paid employees, and earned over $31 million...  

TAMPA, Fla. — JPMorgan Chase CEO Jamie Dimon says he does not expect the company’s stock dividend to be jeopardized by the bank’s $2 billion trading loss. At the JPMorgan annual meeting in Tampa, Dimon said Tuesday that the company is strong and ...  

by Kenneth ThomasThe poll results are in on whether Jamie Dimon will resign from the board of the New York Federal Reserve Bank. By a 53%-40% majority, with 7% unsure, readers thought that Dimon would not step down in the wake of the huge supervision failure at JP Morgan, which led to its $3 billion and counting loss. Meanwhile, the pressure is building for him to resign. Simon Johnson, whose article I first cited on this issue, has written...  

WASHINGTON -- JPMorgan Chase CEO Jamie Dimon is willing to testify at a congressional hearing this spring on the bank's $2 billion trading loss. Sen. Tim Johnson, a South Dakota Democrat who heads the Senate Banking Committee, says he has ...  

Washington, May 17 : US fund manager Saratoga Capital Management has sued JP Morgan Chase after the bank lost over 2 billion dollars in derivatives trading. The class-action lawsuit accused Jamie Dimon, the bank's chairman and chief executive, and Douglas ...  

JPMorgan Chase CEO Jamie Dimon is willing to testify at a congressional hearing this spring on the bank's $2 billion trading loss. Chairman Sen. Tim Johnson, a South Dakota Democrat, says he has invited Dimon to testify about the loss at the nation's largest bank.  

When JP Morgan Chase CEO Jamie Dimon dropped a bomb on the financial world two weeks ago by announcing that the bank had lost at least $2 billion on a series of trades that went bad on a London-based investment desk, Tennessee Sen. Bob Corker (R) was among the first lawmakers to call for investigations [...]  

MF Global, Merrill, Wachovia, etc.    And, as the pool of large firms get smaller, the concentration of bad bets becomes more severe. This crisis points out another fact that isn’t being reported; how leveraged Wall Street is in financial ...  

JP Morgan’s loss in risky derivatives originally estimated at $2 billion is now $5 billion and could well go higher. In addition, they have another $100 billion in risky bonds. This from the bank that had a sterling reputation for managing risk. CEO Jamie Dimon told the traders to take on more risk, so they [...]  

WASHINGTON -- A key Senate committee plans to ask J.P. Morgan Chase CEO Jamie Dimon to testify as early as next month about his company's more-than-$2-billion trading loss. Sen. Tim Johnson (D-S.D.), the chairman of the Senate Banking Committee said in a ...  

From the JPMorgan chief executive officer who won't say what's in the hedging position that cost his shareholders $2.3 billion, but you know, is owning responsibility for the losses and wants you to rest assured that the position will be wound down by the end of the year, somehow, comes a rather soft RSVP to the congressional hearings being held in his honor. From Dealbook: The Senate Banking Committee invited Mr. Dimon for June 7, but...  

As a taxpayer responsible for backing up JPMorgan in the case of a collapse, are you reassured to discover how CEO Jamie Dimon first learned of JPMorganChase’s possible $5 billion loss? It came, not from listening to his high-paid risk managers, but from ...  

PoliticoLive Blogging JP Morgan's Annual MeetingWall Street Journal (blog)JP Morgan's annual meeting in Tampa, Fla. lasted less than an hour and included little of the drama that some might have expected days after the company took a surprise $2.3 billion trading loss. As chairman and CEO, Jamie Dimon ran the show, ...Jamie Dimon gets slammed by left blogsPoliticoReturn of the vampire squidChicago TribuneJPMorgan losses look familiar to Phil...  

TAMPA, Fla. — JPMorgan Chase CEO Jamie Dimon, facing shareholders five days after the bank disclosed a $2 billion trading loss, said Tuesday that the company’s mistakes were “self-inflicted.” Dimon, speaking at the company’s annual ...  

"We made a terrible, egregious mistake and there's almost no excuse for it." The bank was "sloppy" and "stupid." — Jamie Dimon, chief executive of JPMorgan Chase on Sunday's Meet the Press. JPMorgan Chase CEO Jamie Dimon will be in Tampa today ...  

That is, the holder of credit insurance should be placed in exactly the position he would have occupied had there been no loss. CEO Jamie Dimon, on the hastily arranged conference call announcing the loss, declared that whether or not the trade violated ...  

JPMorgan Chase CEO Jamie Dimon will be heading to Washington to testify before a Senate Committee investigating massive trading losses recently announced by the bank.  

Two shareholder lawsuits were filed late Tuesday against JPMorgan Chase and its top executives over the revelation last week that the bank had suffered more than $2 billion in trading losses. The lawsuits alleged that the bank's top executives, including CEO Jamie Dimon, misled investors about the company's...  

The JP Morgan Chase building is seen March 24, 2008 in New York City. JP Morgan Chase is the largest bank in the United States and it has also become the most criticized bank in the nation after the bank’s Chief Executive Officer, Jamie Dimon ...  

ROBERT SIEGEL, HOST: When the chief investment office of JPMorgan Chase was making big profits for the bank with what amounted to big bets, the bank's chairman and CEO, Jamie Dimon, stopped paying close attention to its operations. When he ...  

No wonder Barack Obama is being nice to JPMorgan CEO Jamie Dimon: The president has up to $1 million parked in Dimon’s bank.Obama’s money is held in a “JPMorgan Chase Private Client Asset Management” checking account, according to the president’s 2011 financial disclosure forms, released Tuesday.  

WASHINGTON (MarketWatch) -- Senate Banking Committee Chairman Tim Johnson said Thursday he will ask J. P. Morgan Chase & Co. chief executive Jamie Dimon to testify before the panel about the bank's recent $2 billion trading loss. "The Banking Committee should hear directly from J. P. Morgan Chase's CEO Jamie Dimon," Johnson said in a statement. The South Dakota Democrat said he plans to ask Dimon to appear before the committee after it holds...  

Is the Kansas City Fed president telling Jamie Dimon to leave the board of the New York Federal Reserve bank? Comments yesterday from the Federal Reserve Bank of Kansas City President and Chief Executive Officer Esther George yesterday sure sound like she ...  

WASHINGTON (Reuters) - JPMorgan Chase (NYS:JPM - News) Chief Executive Jamie Dimon has been invited to testify before the Senate Banking Committee on June 7 to give lawmakers insight into the bank's trading loss of at least $2 billion ...  

There are now congressional and FBI investigations into how banking giant JP Morgan Chase managed to blow at least $2 billion on the type of risky trades that led to the near collapse of the financial system a few short years ago. Depending on ...  

JPMorgan Chase CEO Jamie Dimon is willing to testify at a congressional hearing this spring on the bank's $2 billion trading loss. Sen. Tim Johnson, a South Dakota Democrat who heads the Senate Banking Committee, says he has invited Dimon to testify about ...  

(Please visit the site to view this media)May 22 (Bloomberg) -- U.S. Senator Richard Shelby, an Alabama Republican, talks about the prospects for financial regulation following the $2 billion trading loss by JPMorgan Chase & Co. Shelby, speaking to Megan Hughes on Bloomberg Television's "Bottom Line,” also discusses the outlook for testimony by Jamie Dimon, chief executive officer of JPMorgan, before the Senate Banking Committee next month...  

During JPMorgan Chase’s annual shareholder meeting in Tampa today a contrite CEO Jamie Dimon addressed the bank’s massive $2 billion trading loss, saying “I cannot justify it” and “all corrective action will be taken.” Dimon, however, avoided a shareholder rebuke.  His multi-million dollar pay package and...  

TAMPA, Fla. (AP) -- JPMorgan Chase CEO Jamie Dimon was set to face shareholders Tuesday at the bank's annual meeting, five days after disclosing a $2 billion trading loss that has rattled investor confidence in the company. Shareholders were to ...  

David Greene talks to financial writer William Cohan about Jamie Dimon, the CEO of JP Morgan Chase. Before he was an award-winning journalist, Cohan was a banker at JPMorgan. The Justice Department is looking into the bank's risky trades which resulted in at least a $2 billion loss.  

Who are you going to believe? Jamie Dimon? Or your own eyes? With the benefit of hindsight, anyone can see there must have been something amiss with the way JPMorgan Chase & Co. put together some of the disclosures for its first-quarter earnings release on ...  

Senator Scott Brown (R-Mass.) is calling on JPMorgan Chase CEO Jamie Dimon to “impose financial penalties on responsible parties” after the company reported a $2 billion trading loss. In a letter to Dimon, Brown noted that he supported the Dodd-Frank ...  

JPMorgan Chase & Co. (NYSE:JPM) held its annual general meeting today, where CEO Jamie Dimon was expected to be berated over US$2 billion in recent trading losses, and see a vote on his pay package. Hundreds of shareholders turned out for the meeting and ...  

NEW YORK (CNNMoney) -- Even as he apologized for a $2 billion trading loss, shareholders approved JPMorgan Chase CEO Jamie Dimon's $23 million pay package Tuesday at the bank's annual meeting. The meeting comes just days after the bank disclosed ...  

Here are today's top stories from The Associated Press. For some JPMorgan Chase shareholders, facing crisis without Dimon is hard to imagine NEW YORK — JPMorgan Chase CEO Jamie Dimon owned up to stock analysts and went on TV to accept blame for a $2 billion trading mistake. Next he faces shareholders, who are considerably less wealthy since the blunder was disclosed. While Dimon may be greeted by colorful protesters and tough questions at the...  

By Jake Zamansky:JPMorgan Chase's (JPM) horrific $2 billion-and-counting loss shows that Wall Street has learned nothing from the 2008 financial crisis that brought down one-time stalwarts Lehman Brothers and Bear Stearns.What's more, the staggering loss, due to bets on complex derivatives, puts the lie to the suggestion that Wall Street need less, not more, regulation.JPMorgan's CEO Jamie Dimon apparently is sticking to that lie.Mr. Dimon has...  

TAMPA, Fla. (AP) -- JPMorgan Chase CEO Jamie Dimon says he does not expect the company's stock dividend to be jeopardized by the bank's $2 billion trading loss. At the JPMorgan annual meeting in Tampa, Dimon said Tuesday that the company is ...  

David Vitter all reported owning stakes in the bank of $1,001 to $15,000. Both the House and Senate committees have announced plans to hold hearings on the bank's trading losses. JPMorgan CEO Jamie Dimon plans to testify at the Senate hearing.  

The U.S. Senate Banking Committee said JPMorgan Chase & Co. (JPM) Chief Executive Officer Jamie Dimon was invited to testify on June 7 about the New York-based lender’s credit derivatives losses. “I expect Mr. Dimon to come prepared to ...  

1.?? JP Morgan Chase?s chief investment office accumulated a huge bet? maybe $100 billion? in a so-called ?weapon of mass destruction??? (as in self-destruct) in a very risky credit default swap contract that was a bet on corporate credits improving despite a soft economy? a kissing cousin to the credit default swaps in mortgage backed ...  

(NECN: Peter Howe, Boston/Natick, Mass ... a Democrat and architect of the new Consumer Financial Protection Bureau, urged JPMorgan CEO Jamie Dimon resign from the board of the New York Federal Reserve Bank, which plays a critical role monitoring Wall ...  

JPMorgan Chase CEO Jamie Dimon warned when he announced his firm's $2bn trading loss last week that the firm could end up losing up to $1bn more. But, according to The New York Times, the loss has increased significantly over the last four trading days....   read more >