U.S. investigates whether JPMorgan traders hid losses
U.S. federal investigators are looking at whether JPMorgan Chase & Co traders hid trading losses that have since grown to $5.8 billion, according to a person familiar with the matter, after the bank s
JPMorgan likely to post $4 to $6 billion trade loss
JPMorgan Chase & Co's losses from disastrous derivatives trades will likely amount to $4 billion to $6 billion in the second quarter, far more than the original estimate of at least $2 billion, accord
Dimon says JPMorgan was honest with shareholders
JPMorgan Chase & Co chief executive Jamie Dimon insisted his bank was upfront with investors about its recent multibillion-dollar trading loss, as regulators examine whether JPMorgan hid a dramatic ri
Dimon says losses indefensible, still reform skeptic
JPMorgan Chase & Co chief executive Jamie Dimon used his much anticipated appearance before lawmakers to apologise for the bank's multibillion-dollar trading loss but he also made clear he will still
Dimon says JPMorgan failed to rein in traders
JPMorgan chief executive Jamie Dimon will tell lawmakers that the bank's recent multibillion-dollar trading loss occurred because poorly managed traders embarked in January on a misguided hedging stra
JPMorgan to be haunted by change in risk model
JPMorgan Chase & Co's decision to radically change the way risk was measured in its Chief Investment Office is likely to dog the bank in the developing crisis over the big trading losses it has suffer
JPMorgan execs expected to leave over loss: Sources
Three executives involved with the failed hedging strategy that has left JPMorgan Chase & Co with a $2 billion trading loss and a tarnished reputation are expected to leave the bank this week, sources
Is America's JPMorgan too big to manage?
JPMorgan's surprising $2 billion trading loss begs a post-financial-crisis question: Are America's biggest banks simply too big to manage?
Washington policymakers have largely focused on whether bank
JPMorgan has trading loss of at least $2 billion, reputation hit
JPMorgan Chase & Co said on Thursday that it suffered a trading loss of at least $2 billion from a failed hedging strategy, a surprise disclosure that hit financial stocks and the reputation of the ba