Jamie Dimon to JPMorgan: You Need Me More Than I Need You by DailyFinance Staff May 13th 2013 9:25AM The Wall Street Journal reports JPMorgan CEO and Chairman Jamie Dimon has threatened to leave the company if shareholders vote the split up his two positions.
Dimon May Leave JPMorgan If Stripped of Chairmanship by Reuters May 13th 2013 7:53AM JPMorgan Chase Chairman and CEO Jamie Dimon said he may consider leaving the bank where he has held the top post since 2005, if shareholders vote to split his duties.
JPMorgan Sued by California Over Credit Card Robosigning by DailyFinance Staff May 10th 2013 9:16AM JPMorgan Chase has been sued by the state of California for allegedly using robo-signing and other illegal practices to collect debts from 100,000 credit card holders.
Court: U.S. Can Pursue Case Against BofA Over Mortgages by Reuters May 8th 2013 3:35PM A federal judge rules that the U.S. can pursue parts of a civil lawsuit against Bank of America for its sale of toxic mortgages to Fannie Mae and Freddie Mac.
BofA, MBIA Reach Settlement in Mortgage Dispute by Reuters May 6th 2013 3:00PM Bank of America agrees to pay MBIA $1.6 billion to settle a dispute over soured mortgage securities issued during the U.S. housing boom.
JPMorgan Faces Federal Probe Over Energy Trading 'Schemes' by Eamon Murphy May 3rd 2013 11:35AM The latest federal inquiry to focus on JPMorgan Chase bears uncomfortable similarities to one of the most notorious chapters in U.S. business history: the Enron scandal.
JPMorgan Facing Multiple Federal Investigations by DailyFinance Staff May 3rd 2013 9:15AM At least eight federal agencies are reportedly investigating JPMorgan Chase for a broad variety of misdeeds, from improper debt collection to staying quiet on Bernie Madoff.