How Jpmorgan Lost $2 Billion Without Really Trying

The bank won't say, but clues are surfacing

ASK NEWS:
  • Corbat’s Job at Stake as Citigroup Awaits Stress-Test Verdict - Washington Post
    CEO’s Job at Stake as Citigroup Awaits Fed Stress Tests - Bloomberg
    03/1/2015 - 3:04 pm | View Link
  • Banks here in Florida make $1 billion, the most in 8 years - Southwest Florida Herald Tribune
    Nearly 12 percent of the state's lenders lost money in 2014, compared ... Three of the biggest -- JPMorgan Chase, Bank of America and Citigroup
    03/1/2015 - 1:42 pm | View Link
  • Dubai IPO Flops No Deterrent as Daman Plans Sale in Weeks - Washington Post
    Dubai’s Daman Investments plans share sale in few weeks - Times of Oman
    03/1/2015 - 1:01 pm | View Link
  • Samsung Announces Samsung Pay, A Groundbreaking Mobile Payment ... - Korea IT Times
    Samsung’s New Galaxy Phones Ditch Plastic for Glass and Metal - Wired News
    03/1/2015 - 11:21 am | View Link
  • Markets Live: ASX hits 7-year high - Sydney Morning Herald
    JPMorgan analyst Armina Soemino said the dividend cut contributed to ... following the cyclone combined with the impact of lost revenues from
    03/1/2015 - 8:15 am | View Link
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BING NEWS:
  • Diversified Banks Equities Technical Coverage -- Bank of America, Wells Fargo, JPMorgan Chase, Mitsubishi UFJ Financial, and Toronto-Dominion Bank
    c=Bank%20of%20America&d=27-Feb-2015&s=BAC. On Thursday, February 26, 2015, the NASDAQ Composite ended at 4,987.89, up 0.42%, the Dow Jones Industrial Average lost 0.06%, to finish the day at 18,214.42, and the S&P 500 closed at 2,110.74, down 0.15%.
    02/27/2015 - 1:43 am | View Link
  • JPMorgan to charge fees for big deposits
    I still want that pre-eminent [investment banking] position. We’re not going to give it up — for anyone - Jamie Dimon Ms Lake said splitting the bank would lead to about $3bn in lost cost synergies, damaging its ability to invest through different ...
    02/25/2015 - 9:56 am | View Link
  • The Real Reason JPMorgan Can’t Be Broken Up Left Off Official Presentation
    Lake, for her part, gets it. “The revenue lost would be relatively modest,” she was quoted as saying. But “benefits of the company as a whole which we don’t measure would likely be lost over time,” she said in a moment of candor.
    02/24/2015 - 8:12 am | View Link
  • BRIEF-JPMorgan to cut consumer bank buildings by one-third
    but bank started pulling back in 2013 * The bank lost 100 basis points of market share to other subprime auto lenders since 2013 * The bank has been able to gain market share of deposits even while closing branches * The bank continues to give up market ...
    02/24/2015 - 6:58 am | View Link
  • JPMorgan to cut nearly $US5b in expenses
    Billionaire busts: The men who lost it allA Brazilian businessman has become a "negative billionaire" after his commodity empire collapsed following allegations of insider trading. JPMorgan Chase has unveiled plans to eliminate hundreds of retail branches ...
    02/24/2015 - 5:27 am | View Link
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BING SEARCH:
  • JPM: Summary for JP Morgan Chase & Co. Common St- Yahoo ...
    View the basic JPM stock chart on Yahoo! Finance. Change the date range, chart type and compare JP Morgan Chase & Co. Common St against other companies.
    03/2/2015 - 2:17 am | View Website
  • JPMorgan Chase
    JPMorgan Chase & Co. is an American multinational banking and financial services holding company. It is the largest bank in the United States, with total assets of US ...
    03/1/2015 - 9:02 pm | View Website
  • JP Morgan Procard Login
    JP Morgan Procard Login
    03/1/2015 - 7:37 pm | View Website
  • J.P. Morgan Home | J.P. Morgan
    Foundation to support the Business Initiative in Luxembourg; Employees organize food drive to help fight hunger in Hong Kong; Urban Institute and JPMorgan Chase & Co ...
    03/1/2015 - 1:10 pm | View Website
  • Event Calendar | JPMorgan Chase & Co.
    Community Development: Learn how JPMorgan Chase is committed to strengthen communities. The Way Forward is an informational series to highlight the things that JPM is ...
    03/1/2015 - 8:38 am | View Website
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