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The same journal reported on further tranche trading activity by the JP Morgan unit two months later. By 2012, heavy opposing bets to his positions had been made by traders, including another branch of JPMorgan, who purchased the derivatives that JPMorgan was selling in high volume.
JPMorgan Chase (NYS: JPM) CEO Jamie Dimon was hauled before Congress yesterday for a finger wagging over the bank's recent $2 billion trading blunder. For all the haranguing and grandstanding, Sen ...
JP Morgan. JPMorgan Chase , the country's biggest bank, is reporting a $2 billion trading loss that occurred in the space of just six weeks. The loss reportedly involved the investments in "credit ...
JPMorgan Chase has sailed through 2012 not much the worse for wear considering its major trading fiasco this past spring. Though the bank may finish up the year looking pretty good, there are some ...
This is a list of notable financial institutions worldwide that were severely affected by the Great Recession centered in 2007–2009. The list includes banks (including savings and loan associations, commercial banks and investment banks), building societies and insurance companies that were:
Andrew Maguire is a British commodities trader and whistleblower. He presented evidence to United States regulators alleging that fraud had been committed, and that prices in the international gold and silver markets had been manipulated.
The following video is part of our "Motley Fool Conversations" series, in which analyst John Reeves and advisor David Meier discuss topics across the investing world. Over the next couple of weeks ...
Cohan was an investigative reporter for the Raleigh Times.He then worked on Wall Street for seventeen years as a mergers and acquisitions banker. He spent six years at Lazard Frères in New York, then Merrill Lynch, and later became a managing director at JP Morgan Chase.