It was a year of records and reckoning for J.P. Morgan Chase. The bank's highest annual profit ever was tainted by the $6.2 billion "London Whale" trading loss on risky bets.
OSLO--The leadership of Norway's $740 billion oil fund voted at J.P. Morgan Chase's (JPM) annual meeting to separate the roles of chief executive and chairman at the bank, Norges Bank Investment Management chief executive Yngve Slyngstad said Friday.
He added banks still aren't lending enough to the real economy and that a recent scandal at J.P. Morgan centered on a trader dubbed the London Whale shows there's a risk that big banks are "too big to manage.
�He has helped build our highly successful Chase Wealth Management business, including Chase Private Client. Barry and Ryan have been close partners and friends for several years, and we expect a seamless transition as we bring these businesses ...
Stocks recently featured in the blog include The Bank of New York Mellon Corporation (NYSE: BK), JPMorgan Chase & Co. (NYSE: JPM), The Goldman Sachs Group, Inc. (NYSE: GS), DDR Corp.
Some types of commercial mortgage-backed securities offered by the likes of Wells Fargo & Co (NYSE:WFC), JPMorgan Chase & Co. (NYSE:JPM), and Bank of America Corp (NYSE:BAC) are riskier than others, giving them a fatter yield -- but, from what I can ...
JPMorgan Chase & Co. logo Closer to home With yesterday's ambiguous testimony from Fed Chairman Ben Bernanke on the future of the stimulus program, there is continued speculation that the current policy may be tapered back as soon as next month ...
Financial Conduct Authority (FCA) said it has fined a wealth management unit of U.S. bank JPMorgan Chase 3.08 million pounds ($4.6 million) for being unable to show it was giving clients the right advice.
ISS has been involved in a high-profile governance matter that just concluded this week when J.P. Morgan Chase & Co. (JPM) shareholders defeated by a wide margin a proposal to split the roles of chairman and chief executive at the bank.
Information is provided "as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed. To see all exchange delays, please see disclaimer.