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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    06/17/2012 - 2:05 am | View Link
  • JPMorgan Chase CEO tells Congress senior executives will 'likely' lose pay over $2B trading losses
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    06/13/2012 - 12:09 am | View Link
  • JP Morgan Chase CEO Jamie Dimon Apologizes for $2B Loss
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    06/12/2012 - 1:00 pm | View Link
  • JPMorgan Chase Exec Ina Drew Resigns, $2B Trading Debacle Claims Its First Scalp
    First JPMorgan Chase & Co. (NYSE: JPM), the largest U.S. bank by assets ... JPMorgan's chairman and CEO, in a statement. It's important to remember that our company is very strong and well capitalized, with leading franchises across our businesses.
    05/13/2012 - 7:05 am | View Link
  • JPMorgan Chase acknowledges $2B trading loss
    Other bank stocks, including Citigroup and Bank of America, suffered heavy losses as well. “The portfolio has proved to be riskier, more volatile and less effective as an economic hedge than we thought,” CEO Jamie ... has been a strong critic of ...
    05/10/2012 - 7:37 pm | View Link
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  • JPMorgan CEO Dimon says execs responsible for $2B loss may ...
    JPMorgan Chase CEO Jamie Dimon told Congress on Wednesday that senior bank executives responsible for a $2 billion trading loss will probably have some of their pay ...
    06/13/2012 - 12:02 pm | View Website
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