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Posts Tagged ‘ jp morgan ’

JPMorgan Fined by Us Government Over Role in Lehman Collapse

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April 4, 2012
JP Morgan Logo

Back in late 2008, when the sky was darkening over the head of Lehman Brothers Holdings Inc. (PINK:LEHMQ) JPMorgan Chase & Co. (NYSE:JPM…) was a main lending source to the investment bank just before the collapse.
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J.P. Morgan Asia CEO: Why I’m Leaving (VIDEO)

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April 3, 2012
jpmorgan Chase

Gaby Abdelnour, head of J.P. Morgan’s Asia Pacific division, tells the WSJ’s Deborah Kan why he is leaving the bank, explains the intricacies of doing business in China and discusses the fate of investment banking bonuses. Check out our Premium
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JPMorgan Sued Over Mortgage Losses

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April 2, 2012
lawsuit

JPMorgan Chase & Co. (NYSE:JPM)… has been named as a defendant in a suit filed by Ambac. The suit is actually aimed at practices at Bear Stearns. JPMorgan bought Bear Stearns in 2008 and so is now seen as liable
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Jon Corzine Told JP Morgan that MF Had Cash Right Before Bankruptcy

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March 28, 2012
Jon-S.-Corzine-former-chairman-and-chief-executive-officer-of-MF-Global-Holdings-Ltd._330x221

On October 28th, it was apparent that MF Global Holdings Ltd (PINK:MFGLQ) had overdraft in its foreign exchange accounts. Jon Corzine said to JPMorgan Chase & Co. (NYSE:JPM…)  not to worry that the overdraft would be
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JPMorgan Chase Makes Some Significant Changes On The Board

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March 27, 2012
JPMorgan Chase

Financial giant JPMorgan Chase & Co. (NYSE:JPM…) is making a few important changes to their board of directors.  Now that two long-term directors are walking away from their jobs and the company has made the nomination to bring
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JPMorgan (JPM) Chase Faces Lawsuit From Trader

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March 23, 2012
jpmorgan Chase

Financial institution JPMorgan Chase & Co. (NYSE:JPM…) faces a huge lawsuit from Swiss trader. Kai Herbert is suing the company for about 580.000 in pounds (estimated $920.000 in American dollars) because of a simple typographical error on the
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BofA and JPMorgan Cutting Jobs in Mortgage Department

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March 21, 2012
JPMorgan Chase

A recent development has shown us that JPMorgan Chase & Co. (NYSE:JPM) and Bank of America (NYSE:BAC) are laying off senior mortgage traders and salesmen in the face of declining demand for asset backed securities. Raphael
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JP Morgan (JPM) Buys Stake in Chinese Firm

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March 21, 2012
JPMorgan Chase

US investment bank, JPMorgan Chase & Co.(NYSE:JPM…) announced Wednesday that it will be buying a 19.9% stake in the Chinese trust firm, Bridge Trust Co, according to media sources. Bridge Trust Co is owned in majority by the
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10 Most Popular Stocks Among Hedge Funds

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February 29, 2012
offshore-hedge-funds

We have been tracking the most popular stocks among hedge funds for more than a year now. Hedge funds… are known to be short-term oriented but when we look at the most popular stocks among hedge funds we see that
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Is JP Morgan the New Goldman Sachs?

By
February 27, 2012
Wall Street Sign

I remember the days not too long ago when Goldman Sachs (NYSE:GS…) was labeled the greediest firm on Wall Street. People always blamed Goldman for their shady profiting schemes and what have you but since the recession hit,
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