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News Stories (5 Results) - Jamie Dimon

JPMorgan Chase reported record net income for third-quarter 2012 of $5.7 billion, compared with net income of $4.3 billion in the third quarter of 2011. Earnings per share were a record $1.40, compared with $1.02 in the third quarter of 2011. The... Read Story
October 12, 2012, 07:45 AM


Bloomberg reported that JPMorgan Chase & Co. reported a larger than previously estimated $4.4 billion trading loss in its chief investment office, which helped drive second-quarter profit down 9%. The bank’s chief executive officer, Jamie Dimon had... Read Story
July 13, 2012, 07:21 AM


Bloomberg reported that JPMorgan Chase’s trading losses from credit derivatives trading may total as much as $9 billion according to a report issued by the New York Times. On May 10, JPMorgan Chief Executive Officer Jamie Dimon reported the bank lost... Read Story
June 28, 2012, 07:45 AM


Bloomberg reported that Congress’s recent inquiry into the JPMorgan Chase & Co. $2 billion trading loss has again brought to light the question of whether banks can grow too large and complex for their executives to effectively oversee.  According to... Read Story
June 19, 2012, 07:55 AM


Bloomberg reported JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon told Congress the bank let traders take risks they didn’t understand, but did not answer questions about more than $2 billion in trading losses.According to the report, Dimon... Read Story
June 13, 2012, 07:40 AM