Chase Ceo Says Bank 'strong' After $2b Loss

Chase CEO says bank 'strong' after $2B loss NEW YORK (AP) — JPMorgan Chase CEO Jamie Dimon is reassuring the bank's employees that the company is "very strong." In a letter sent to employees late Thursday that was obtained by The Associated Press, Dimon says no customers suffered as a result of the bank's mistakes.

BING NEWS:
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    06/13/2012 - 8:09 am | View Link
  • JPMorgan CEO to testify on $2B-plus trading loss
    WASHINGTON (AP) -- Jamie Dimon, chief executive of the largest U.S. bank, will be asked Wednesday to explain how JPMorgan Chase lost more than $2 billion ... suggested last week that the bank lacked strong controls to contain risk in its investment operations.
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    06/13/2012 - 5:10 am | View Link
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    WASHINGTON (AP) — JPMorgan Chase CEO ... bank has named a new leader for the investment operation that was responsible for the loss. A key regulator of JPMorgan, Thomas Curry, the US comptroller of the currency, suggested last week that the bank lacked ...
    06/13/2012 - 4:24 am | View Link
  • JPMorgan CEO Dimon says bank execs responsible for $2B trading loss will likely have some of pay taken back
    WASHINGTON — JPMorgan Chase CEO ... bank has named a new leader for the investment operation that was responsible for the loss. A key regulator of JPMorgan, Thomas Curry, the US comptroller of the currency, suggested last week that the bank lacked strong ...
    06/13/2012 - 3:19 am | View Link
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