With no reforms, India's bulls get edgy: J.P.Morgan
Stock bulls in India 'are now getting edgy' according to a J.P. Morgan report on Friday, as the government has yet to deliver on key reforms, while economic fundamentals have 'deteriorated'.
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Knight's future in balance after trading disaster
Knight Capital Group Inc fought for survival on Thursday after a $440 million trading loss caused by a software glitch wiped out much of its capital, forcing Knight to seek new funding as its shares p
JPMorgan in $100 million credit card settlement
JPMorgan Chase & Co has agreed to pay $100 million to settle litigation by credit card customers who accused the largest U.S. bank of improperly boosting their minimum payments as a means to generate
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
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
Fed regulators in hot seat over JPMorgan loss
JPMorgan's $2 billion-plus trading loss raises serious questions about whether the New York Federal Reserve and other regulators were asleep at the wheel or whether it is asking too much of them to ke
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