Comment On Report: 3 Jpmorgan Executives To Resign

Report: 3 JPMorgan executives to resign

Three high-ranking executives at JPMorgan Chase are expected to leave their jobs this week after a trading blunder cost the bank $2 billion, The Wall Street Journal reported Sunday.

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    Most Read on Bloomberg: Bond Bulls, Dimon, Obama, Workers Dying - Bloomberg
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    According to a recent report by Accenture , the ... Deutsche Bank, Goldman Sachs, JPMorgan Chase ... s not likely the entire panel of executives ...
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  • JPMorgan’s Follies, for All to See
    The hearings on Friday were equally compelling, with Mr. Levin and John McCain, the Arizona Republican who is the subcommittee’s ranking minority member, subjecting current and former JPMorgan executives, including Ina Drew, the former head of the chief ...
    03/16/2013 - 9:13 am | View Link
  • JPMorgan Senate Report Says Bank Misled Investors, Regulators To Hide Massive 'Whale' Losses
    The Senate subcommittee collected nearly 90,000 documents, according to the report. Key JPMorgan executives claimed to be in the dark about the London Whale losses or downplayed them, even after Drew ordered the trades stopped on March 23, 2012 ...
    03/14/2013 - 5:23 pm | View Link
  • Senate Report Blasts JPMorgan Executives, Including Dimon, Over 'Whale'
    Nearly a year after a series of botched credit trades cost JPMorgan Chase billions of dollars, a U.S.Senate report argues that the bank misled both regulators and investors about the nature and size of the losses and that derivatives still pose a ...
    03/14/2013 - 10:04 am | View Link
  • JPMorgan Report Piles Pressure on Dimon in Too-Big Debate
    It included a chart that showed the portfolio would lose money in a financial crisis. JPMorgan executives made no mention of the presentation on an April 13 earnings call or that Iksil had already lost more than $1 billion. Dimon and then Chief Financial ...
    03/14/2013 - 9:12 am | View Link
  • Senate Report Said to Fault JPMorgan
    The report’s findings — scheduled to be released on March 15 — are expected to fault the executives for allowing JPMorgan to build the bets without fully warning regulators and investors, these people said. The subcommittee, led by Senator Carl Levin ...
    03/5/2013 - 7:14 pm | View Link
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  • JPMorgan Chase Whale Trades: A Case History of Derivatives ...
    i jpmorgan chase whale trades: a case history of derivatives risks and abus es table of contents i. executive summary..... 2
    07/23/2014 - 5:06 pm | View Website
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    By David Dayen, a lapsed blogger, now a freelance writer based in Los Angeles, CA. Follow him on Twitter @ddayen. There’s been an unlikely yet welcome resurgence of ...
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  • JPMorgan Chase Publishes 2013 Corporate Responsibility ...
    NEW YORK, May 12 /CSRwire/ - JPMorgan Chase (NYSE: JPM) today released its 2013 Corporate Responsibility Report. The report highlights the many ways the ...
    07/22/2014 - 1:54 pm | View Website
  • JPMorgan SmartRetirement Target-Date Fund Series Report 020 40
    Morningstar Analyst Rating „ Key Features Asset-Weighted Expense Ratio 0.83% Active/Passive Exposure 100% Active Open/Closed Architecture 100% Closed
    07/21/2014 - 2:21 am | View Website
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