Stories Tagged as
JPMorgan
JP Morgan's Loss: The Explainer
May 11, 2012
How did JP Morgan lose $2 billion on a single bet? Here's some plain English to help understand it.
JPMorgan Chase reveals $2 billion losses
May 10, 2012
On what were essentially bad and risky bets made by the bank. Still, CEO Jamie Dimon tried to play down the situation in today's conference call.
Facebook IPO creates fanfare on Park Ave.
May 4, 2012
Mark Zuckerberg wasn’t there, but JPMorgan flew a Facebook flag as executives visited the bank’s headquarters ahead of Facebook’s IPO.
Stacey Vanek Smith/Marketplace
Wells Fargo and JPMorgan report big profits
Apr 13, 2012
The two major banks beat expectations with JPMorgan reporting a $5.4 billion profit last quarter, and Wells Fargo making a $4.2 billion profit. Both said an uptick in mortgage lending helped their bottom lines.
Federal Reserve releases banks' stress test results
by
Heidi Moore
Mar 13, 2012
Turns out American banks are in a much better position financially than we thought.
Chase slips up
Mar 2, 2012
A JPMorgan Chase executive said this week that clients who have less than $100,000 in deposits are unprofitable for the bank. New York bureau chief Heidi Moore discusses consumer reaction to that statement, and what it means for the bank.
ERIC PIERMONT/AFP/Getty Images
J.P. Morgan profits despite its depositors
by
Heidi Moore
Feb 29, 2012
J.P. Morgan Chase is posting record profits and opening hundreds of new branches. But most depositors don’t make the bank any money at all.
For public good, not for profit.
Some banks offer extra incentive to short sell homes
Feb 8, 2012
Bloomberg News reports a case of a J.P. Morgan Chase letter to a homeowner that said "you could sell your home, owe nothing more on the mortgage, and get $30,000."
Jamie Dimon gets it wrong on taxes
by
Kai Ryssdal
Dec 8, 2011
The JPMorgan Chase CEO really does not understand.
JP Morgan denies having MF Global's customers' money
by
Kai Ryssdal
Nov 4, 2011
This final note today, which will do nothing to ease the average person's discomfort with how Wall Street operates....