In the years leading up to JPMorgan Chase’s $2 billion trading loss, an increased appetite for risky trading had the approval of the upper echelons of the bank, including Jamie Dimon, the chief executive, current and former employees said. full story ![]()
The system has its failings. Adam Lanza, James Holmes and Jared Lee Loughner are infamous examples of what can happen when red flags go unheeded and signs of a downhill slide are ignored.
thecalifornian.com (22 days ago)
James Woolery, co-head of North American mergers and acquisitions at JPMorgan Chase, will join the Cadwalader, Wickersham & Taft firm as deputy chairman. That will leave Chris Ventresca as sole head of the JPMorgan unit.
nytimes.com (3 months ago)

It may not be popular to say, but the incontrovertible fact remains that JPMorgan has remained one of the best-performing banks on Wall Street under Jamie Dimon.
nytimes.com (12 days ago)
A Congressional investigation could revive questions about the role of senior executives in a $6 billion trading loss at JPMorgan Chase.
nytimes.com (2 months and 23 days ago)
British regulators fined JPMorgan Chase $4.7 million on Thursday for failings in its wealth management division.
nytimes.com (2 days ago)
JPMorgan Chase ignored risk controls, manipulated documents and withheld information from regulators as it racked up trading losses last year, Senate investigators found.
nytimes.com (2 months and 13 days ago)

At JPMorgan Chase, the move to split the jobs of chairman and chief executive, now held by Jamie Dimon, comes as the bank is actually prospering.
nytimes.com (6 days ago)
Lawmakers took aim at JPMorgan for misleading investors and regulators about the disastrous bet, building off a scathing, 300-page Congressional report released Thursday.
nytimes.com (2 months and 12 days ago)

While financial advisers at other firms are typically free to offer a variety of investments, JPMorgan pressures brokers to sell the bank’s own products, current and former employees say.
nytimes.com (2 months and 25 days ago)
JPMorgan Chase, the nation’s largest bank, reported a 33 percent increase in first-quarter earnings, bolstered by gains in the investment banking business and a surge in mortgage lending.
nytimes.com (1 month and 12 days ago)
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