jamie dimon

Is Goldman Sachs Riskier Than It Wants to Admit?

The Federal Reserve will release the final results of its bank stress tests after Thursday's market close. But preliminary results suggest Goldman could lose $25 billion from bad trades in another financial crisis, more than any other bank tested by the Fed.

JPMorgan CEO Sees Pay Slashed Over London Whale Trading Loss

JPMorgan Chase reported a 55 percent jump in earnings for the fourth quarter as mortgage fees and other income surged. The bank also released its reviews of a $6 billion trading loss that drew sanctions from regulators, and said it would cut CEO Jamie Dimon's pay by more than half as a result.

The 6 Biggest Busted Bets of 2012

As pundits and politicians rush to sew the year up into a neat little bundle, we decided to look at 2012 from a slightly different angle. Here is our list of the year's worst bets -- six developments that seemed like sure things in January, but were bust by December.

2012 Election: Which Industries Won When Obama Did

The election is over, and now, the many investors who were keeping a close eye on the polls know what they're getting (somewhat) in terms of the federal government for the next few years. Here's a look at 21 economic sectors, and what a second Obama term will mean for each of them.

JPMorgan Turns in Record Profit, Higher Revenue

JPMorgan Chase reported a record quarterly profit Friday. The bank said it made $5.3 billion in earnings for common shareholders, a widely used measurement, from July through September, up 36 percent from the same period a year ago.

Bankers Agree: 'Too Big to Fail' Has Failed

Maybe if we called it "2B2F," it would have been more popular. But lacking the street cred of a cool nickname, the idea "too big to fail" is beginning to lose popularity in America -- even among some of the country's most famous bankers.

JPMorgan's 'London Whale' Losses May Hit $9 Billion

JPMorgan Chase & Co is under renewed scrutiny in the wake of a The New York Times report that losses from a bungled credit-derivatives trade could be as much as $9 billion, much more than earlier estimated.

The 7 Safest Banks in America

Moody's downgrade of 15 of the world's largest banks, along with JPMorgan Chase's multibillion-dollar trading loss, make it clear that big banks aren't always as safe as we'd hope. Still, we have to keep our money somewhere -- So 24/7 Wall St. has compiled a list of the nation's safest banks.

Jamie Dimon Quickly Filets the London Whale's Costly Trades

After all the furor surrounding JPMorgan Chase's $2 billion-plus loss on a massive derivatives bet, it now looks like it mya have been "tempest in a teapot" after all. JPMorgan has already exited 70% of the "London Whale" positions that got the bank into hot water.

The Real Impact of JPMorgan Chase Halting Its Share Buybacks

As a result of the bank's recent $2 billion trading loss, JPMorgan Chase announced it would suspend its $15 billion share-buyback program. Here's a primer on the damaging trades, what the buyback program was about, and what its cancellation means for investors.

Global Woes Hold Only 'Modest Contagion' Risk for U.S. Banks

A "modest contagion" for financial stocks "should allow domestically focused financial stocks to stabilize in the coming weeks," despite the JPMorgan Chase trading mess and the "deteriorating conditions in Europe, according to KBW analyst Fred Cannon.

Credit Default Swaps: Still Here, Still Able to Wreak Havoc

JPMorgan Chase's rapid $2 billion trading loss reportedly involved credit default swaps -- the same investments that played such a large role in the financial crisis. Here's why credit default swaps still pose such a threat to the U.S. economy.