Jamie Dimon to JPMorgan: You Need Me More Than I Need You
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.
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.
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.
California's attorney general has sued JPMorgan Chase, alleging that used illegal tactics in its efforts to collect debts from more than 100,000 credit card holders.
It was a banner year for these Fortune 500 companies. Learn why their profits soared.
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.
Another one of Jamie Dimon's key executives is leaving JPMorgan Chase, the firm announced Sunday. Frank Bisignano becomes the ninth top exec to depart in the past 18 months.
JPMorgan Chase, the country's biggest bank by assets, says its first-quarter earnings soared to $6.1 billion, even as revenue fell slightly.
In a speech, JPMorgan Chase CEO Jamie Dimon said the U.S. has "too much inequality" -- a striking sentiment coming from Wall Street's leading defender of financial elites.
The nation's second-largest bank says it will take steps to protect its customers from fees and other charges that payday lenders may slap on them.
The federal corporate tax rate is 35% but that's not what most big companies pay, and the disparities can be huge: Some pay billions, while others pay nothing.
JPMorgan Chase CEO Jamie Dimon held back showing federal regulators reports in May that revealed the bank had accumulated billions of dollars in trading losses, according to congressional testimony Friday from the firm's former chief financial officer.
A Senate panel issued a scathing report on JPMorgan's $6.2 billion trading loss last year, saying the bank ignored growing risks and hid losses from investors and regulators.
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 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.
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.










