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Posts related to ‘JPM’

As Board After Board Fails, Governance Takes a Beating

Posted: May 15, 2012 at 6:26 am

Many Americans, and some politicians, have attacked the boards of major U.S. corporations for paying their CEOs too much, not holding management to tough earnings goals and lining their own ...
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Media Digest (5/15/2012) Reuters, WSJ, FT, Bloomberg

Posted: May 15, 2012 at 6:25 am

The president of Greece cannot create a coalition government. (Reuters) Sony (NYSE: SNE) and Panasonic may force a partnership to build OLED TVs. (Reuters) Trouble at Chesapeake Energy (NYSE: CHK) ...
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Dimon To Lose JP Morgan Chairman’s Job?

Posted: May 15, 2012 at 6:20 am

The California Public Employees' Retirement System (CalPERS) remarked that it will pressure the JP Morgan (NYSE: JPM) board to split the CEO and chairman roles to water down the power ...
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JP Morgan Says CIO “Retires”, And Gets Off Easy

Posted: May 14, 2012 at 10:25 am

Maybe Jamie Dimon CEO of JP Morgan (NYSE: JPM) did a long-time colleague a favor. Ina Drew, the CIO of the bank, "retired" today. She ran the unit of the financial ...
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Markets Hammered As Major Stocks Falter

Posted: May 14, 2012 at 10:01 am

The DJIA is off over 100 points, 136 points, to 12,686. The NASDAQ and S&P 500 are off by similar percentages. The carnage is particularly severe in a few sectors. ...
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Media Digest (5/14/2012) Reuters, WSJ, NYT, FT, Bloomberg

Posted: May 14, 2012 at 6:16 am

Several senior JP Morgan (NYSE: JPM) executives will leave the bank in the wake of its $2 billion trading loss. (Reuters) Yahoo! (NASDAQ: YHOO) ex-CEO Scott Thompson has thyroid cancer. (WSJ) ...
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When Will JP Morgan Fire CIO Ina Drew?–Or, Has It?

Posted: May 12, 2012 at 9:57 am

It is safe to assume that JP Morgan (NYSE: JPM) CEO Jamie Dimon will keep his job as CEO after the bank's astonishing announcement that it had a trading loss of ...
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S&P Say JPMorgan Outlook Negative

Posted: May 12, 2012 at 8:45 am

A few hours after a Fitch downgrade, S&P said its outlook for JP Morgan (NYSE: JPM) has gone from "Stable" to "Negative" in the wake of a $2 billion loss ...
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Fitch Cuts JP Morgan

Posted: May 12, 2012 at 8:32 am

In the midst of calls for JP Morgan (NYSE: JPM) CEO Jamie Dimon to step down, and new scrutiny over a $2 billion trading loss by agencies in the US and ...
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24/7 Wall St. Closing Bell

Posted: May 11, 2012 at 4:05 pm

The major US stock indexes opened significantly lower this morning as investors reacted to the surprise loss of $2 billion by JPMorgan Chase & Co. (NYSE: JPM) disclosed by the ...
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A Call For Jamie Dimon To Resign

Posted: May 11, 2012 at 11:17 am

J.P. Morgan Chase & Co. (NYSE: JPM) has done some severe damage to its image as the best risk manager of the large banks, and this damage may easily carry ...
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Dallas Fed President Repeats Call for Smaller Banks (JPM)

Posted: May 11, 2012 at 11:03 am

At a speech to a group of Texas bankers, Dallas Federal Reserve President Richard Fisher was asked to comment on the news of the $2 billion trading loss reported by ...
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Top Analyst Upgrades & Downgrades (ADTN, AAPL, ARNA, T, BEAM, BBBY, BBY, BWLD, CVX, HEK, JPM, MYGN, PRA, RSH, RXN, RIMM, SLF, TXRH, VZ)

Posted: May 11, 2012 at 8:46 am

These are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Friday. Adtran Inc. (NASDAQ: ADTN) Reiterated Buy and $39 target at Argus. Apple ...
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JP Morgan: Does One Bad Trade Make a Dangerous Pattern?

Posted: May 11, 2012 at 6:52 am

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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Media Digest (5/11/2012) Reuters, WSJ, NYT, FT, Bloomberg

Posted: May 11, 2012 at 6:50 am

Facebook’s initial public offering is already oversubscribed. (Reuters) JP Morgan (NYSE: JPM) books a $2 billion trading loss, and the figure could rise by another $1 billion. (Reuters) China’s industrial ...
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