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Posts related to ‘“London Whale”’

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J.P. Morgan — Why Lie?

A Senate subcommittee has produced a 300 or so page document that says that J.P. Morgan Chase & Co. (NYSE: JPM) manipulated information about huge losses in its London trading ...
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Jamie Dimon Takes His London Whale Apology Tour to Davos

Jamie Dimon's never-ending explanation of the "London whale" debacle and his round-the-world tour to apologize continued at the World Economic Forum in Davos. Reuters reports: JPMorgan Chase & Co Chief ...
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J.P. Morgan Beats on Earnings, CEO Dimon Pay Cut in Half

J.P. Morgan Chase & Co. (NYSE: JPM) is seeing shares play a little give-back this morning after the largest bank by deposits has reported it fourth-quarter earnings as $5.3 billion. ...
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J.P. Morgan Exiting Most Of London Whale Losing Trade

J.P. Morgan Chase & Co. (NYSE: JPM) was already at highs not seen in a month yesterday and now it appears as though this one is heading even higher on ...
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J.P. Morgan Firing The London Whale

J.P. Morgan Chase & Co. (NYSE: JPM) has already sent its long-time Chief Investment Officer named Ina Drew packing after the $2 billion loss that surfaced last week.  The damage ...
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JP Morgan: Does One Bad Trade Make a Dangerous Pattern?

The front page of almost every news and financial paper or website carried that story of JP Morgan’s (NYSE: JPM) $2 billion trading loss. As MarketWatch described it, “The losses stemmed ...
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