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:
  • JPMorgan's Extraordinary Path To Become A $400 Billion Company
    With the retirement of Goldman's Blankfein, JPMorgan is now one of the only bulge bracket banks still led by its pre-financial crisis era CEO, Jamie Dimon. Dimon has clearly been able to not only shelter the bank through ... year amid a strong business ...
    03/12/2018 - 12:36 am | View Link
  • JPMorgan: A Bad Judgment Call Or Systemic Failure?
    The week's topic du jour was CEO pay ... A loss of $2B would be concerning enough, except that it really wasn't just a loss of $2B. The loss is quickly ballooning-- current estimates are $7 to $8B. While the bank can obviously recover from a $8B loss ...
    06/17/2012 - 2:24 am | View Link
  • Justice Department probing $2B loss at JPMorgan Chase Bank
    The bank's chairman and CEO, Dimon will still get a whopping $23 million paycheck ... A day after President Obama called Dimon "one of the smartest bankers we've got," he got another strong vote of confidence from Mayor Bloomberg. "Jamie Dimon, I think ...
    05/15/2012 - 10:10 am | 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 pm | 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 several ...
    05/11/2012 - 6:37 am | View Link
  • More
BING SEARCH:
  • International News | Latest World News, Videos & Photos ...
    Russia's aluminum maker Rusal says its CEO and seven board members have quit, a move that comes as the company is struggling to survive under the...
    05/25/2018 - 2:41 pm | View Website
  • Business News, Personal Finance and Money News
    Find the latest business news on Wall Street, jobs and the economy, the housing market, personal finance and money investments and much more on ABC News
    05/25/2018 - 10:38 am | View Website
  • Advisory Board – BWG Strategy
    BIO. Meg is a global C-level executive with extensive new business development and marketing expertise in both entrepreneurial and established companies in online, ad-tech, marketing tech, and Advanced TV.
    05/25/2018 - 8:50 am | View Website
  • Commodity Market News | Seeking Alpha
    Real time Commodity Market News. Read the latest headlines and updates in commodity prices and fututre. Read the news as it happens.
    05/25/2018 - 2:24 am | View Website
  • US Top News and Analysis
    1 Hour Ago. President Trump has discussed plans for tariffs with industry officials, The Wall Street Journal reported Wednesday afternoon, citing sources.
    05/25/2018 - 12:22 am | View Website
  • More
Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News