How Jpmorgan Lost $2 Billion Without Really Trying

The bank won't say, but clues are surfacing

BING NEWS:
  • JPMorgan: Settle The Ambac Case Or Lose Billions (Again)
    Of the $1.65 billion invested in May of 2006, the plaintiffs' lost a billion dollars before they pulled the plug in October of 2008. This investment was guaranteed by Ambac Assurance UK, and they are currently on the hook to pay the plaintiffs because they ...
    03/24/2017 - 12:24 am | View Link
  • JPMorgan Chase : Former J.P. Morgan Banker Loses Argument in 'London Whale' Case
    LONDON--Former J.P. Morgan Chase & Co. executive Achilles Macris lost a final argument Wednesday over whether the U.K. financial regulator identified him in an enforcement notice over the 2012 "London whale" trading debacle. The Supreme Court ruled that Mr ...
    03/22/2017 - 2:39 am | View Link
  • How 'Squeezed' Is In The Business Of Keeping Things Fresh
    “I didn’t have any food, but I had so much energy,” he remembers. “I lost 11 pounds and my sleep was better. The detox just seemed like a slam dunk.” Most people plan ahead for a detox and get juice delivered, so it made sense for Squeezed to be ...
    03/20/2017 - 6:36 am | View Link
  • JPMorgan's Risky Bonds Plan Lost Billions, Insurers Claim
    JPMorgan Chase & Co. stuffed two investment accounts with risky mortgage bonds almost a decade ago as the housing market started to crumble, lawyers for two insurance companies told a state judge, causing their clients to lose more than $1 billion.
    03/13/2017 - 11:51 pm | View Link
  • JPMorgan's Trading Desk Lost Money On Just Two Days In The Past 4 Years
    Three years ago there was outrage among traders when HFT marketmaker Virtu reported that it had managed to log just one day of trading losses in over 4 years of trading. Many speculated that this was proof that HFTs had managed to effectively rig the ...
    02/28/2017 - 1:59 pm | View Link
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BING SEARCH:
  • JPM:New York Stock Quote
    Stock analysis for JPMorgan Chase & Co (JPM:New York) including stock price, stock chart, company news, key statistics, fundamentals and company profile.
    03/21/2017 - 7:58 pm | View Website
  • Mutual Fund Investment | J.P. Morgan Asset Management
    The asset management division of JP Morgan Chase & Co., offers a wide range of mutual funds spanning all asset classes, adhering to distinct investment styles, to ...
    03/21/2017 - 1:14 am | View Website
  • JPMorgan Chase
    JPMorgan Chase, in its current structure, is the result of the combination of several large U.S. banking companies since 1996, including Chase Manhattan Bank, J.P ...
    03/20/2017 - 11:34 pm | View Website
  • US Labor Department sues JPMorgan Chase & Co. for ...
    NEW YORK – The U.S. Department of Labor filed a lawsuit against JPMorgan Chase & Co., alleging that the financial institution systematically discriminated against ...
    03/20/2017 - 7:23 pm | View Website
  • Chase Bank
    Chase Bank provides credit cards, mortgages, commercial banking, auto loans, investing & retirement planning, checking and business banking.
    03/20/2017 - 3:13 pm | View Website
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