Home » Topics » jp morgan
JP Morgan Chase faces regulatory action over energy price manipulation in California, Michigan
JP Morgan Chase faces federal regulatory action over a scheme which manipulated energy prices in two US states, the New York Times reported Friday. The Times said it had seen a 70-page government document which indicated staff from the Federal Energy Regulatory Commission intended to recommend action over the bank’s…
JP Morgan slashes CEO Dimon’s bonus in half after trading fiasco
Dimon’s total package cut from $23m to $11.5m but internal report into massive losses reserves harshest criticism for Ina Drew JP Morgan boss Jamie Dimon had his bonus cut in half but has escaped harsh criticism from the bank’s internal reports into its multi-billion dollar London trading fiasco. As the…
U.S. officials ready to target banks over safeguarding failures: report
Authorities reportedly set to crack down on banks for failing to monitor whether cash was being used to launder dirty money Major US banks are being investigated for insufficiently safeguarding against being used by drug dealers or terrorist groups to launder dirty money, it was reported Saturday. An article in…
Jon Stewart demolishes senators for swooning over JP Morgan CEO
On his show Thursday night, The Daily Show host Jon Stewart mocked members of the Senate Banking Committee for going soft on JP Morgan Chase CEO Jamie Dimon after his firm lost at least $2 billion gambling on derivatives. During the hearing, Republican senators complimented Dimon and praised his financial…
JP Morgan CEO: Banks aren’t acting ‘too risky’ despite our mistake
Despite his company losing $2 billion for risky derivatives trading, JP Morgan Chase CEO Jamie Dimon told NBC Sunday morning that he did not think the nation’s largest financial institutions were still engaging in reckless practices. In an interview with Meet The Press host David Gregory, Dimon acknowledged that his…
Brand new on Raw Story
- Southern U.S. welcomes hairy ‘crazy ant’ invasion in Florida, Texas, Mississippi and Louisiana
- Obama to reveal counterterrorism strategy, plans for drones and Guantanamo Bay on Thursday
- Wikileaks founder Julian Assange reveals government eavesdropping messages that allegedly speculate he’s being framed
- Ted Nugent’s brother: Gun control ‘will get done’ without the NRA
- Venezuela’s new government ‘open’ to resuming U.S. diplomatic relations
- Beatles guitar sells for $408,000 at auction
- Four women drivers qualify for next Indianapolis 500
- Woodward disappoints Republicans: Benghazi ‘is not Watergate’
- Watch: Dozens of massive tornadoes rip through midwestern states
- 18-year-old’s breakthrough invention can recharge phones in seconds
Commentary
Stop whining about Millennials
By Pando Daily
Six ways the GOP could screw up the Obama administration’s scandals
By Ana Marie Cox, The Guardian
Raw Exclusives
Featured Video
Follow Us!
