James Dimon News
How LeBron has changed the league
We usually wait awhile to write our histories until they fully unfold. It's too hard to tell in real time where the chapter breaks are. But sometimes you just know when to dog-ear a page for future reference. The night lives up to the narrative. All the details matter for posterity. The mid-January
JPMorgan Profit Knocked by Legal Costs
Okay. It is Wednesday January 14. The markets in New York are open and a big number this morning 990 million dollars that. Is the whopping amount JPMorgan set aside for legal expenses in the fourth quarter. Knocking down profits and surprising Wall Street. While profit was lower so with revenue as
'This Week' Roundtable: Jeb Bush Inches Closer to 2016
ABC News' Jonathan Karl and the "This Week" roundtable weigh in on the impact of Jeb Bush's move toward entering the 2016 race, and how the GOP field is shaping up.
Fed: Big Banks Need More Cash Reserves
Okay. Wednesday December 10 the markets in New York are open and our big number this morning in that Swanee billion dollars that's the stunning amount JPMorgan may have to raise new capital due to the new rules. Proposed by the Federal Reserve aiming to have the nation's eight largest banks hold
'Bored Elon Musk' and Other Funny Business Parody Twitter Accounts You Should Follow
The Twitterverse sighed with disappointment when the Twitter account thought to belong to outspoken JPMorgan CEO Jamie Dimon turned out to be a fake. Twitter subsequently suspended the account a couple weeks ago, but there are a number of hilarious parody business accounts that fill the void of
New York Mayor Joins with Big Donors in Bid for 2016 Convention
It may only be 2014, but big corporate money and politics are already at work in a bid to secure the 2016 Democratic convention for Brooklyn, with New York’s Mayor Bill de Blasio literally rolling out a red carpet for DNC officials at New York’s Penn Station. Republicans have already chosen
J.P. Morgan Chase Earnings Down 7.9%
Banking giant still posted 2nd quarter profits beating analysts' expectations.
Bank Error of America: Bank Overestimates Capital
The banking giant discovered flaws in the information it submitted to the Federal Reserve.
Story Stock: Two Big Banks Going in Different Directions
JPMorgan Chase fell short of earnings estimates in the first quarter, Wells Fargo exceeded.
Paycheck Halved Last Year, JPMorgan Chase CEO to Get Big Pay Raise This Year
After overseeing JPMorgan Chase while the bank paid about $20 billion in penalties last year to federal authorities, CEO Jamie Dimon is reportedly getting a 74 percent pay raise, according to a filing with the Securities and Exchange Commission . JPMorgan's board voted this week to increase his