Wholly unsurprisingly, JPMorgan Chase CEO Jamie Dimon made financial pages headlines for abstractly criticizing Washington bureaucracy and the American media during a conference call with reporters on Friday. The call was meant to detail the bank’s record-breaking second quarter earnings.
Donald Trump has inspired so much fear among his Republican comrades that he no longer has to issue harsh tweets when they misbehave. They do it themselves.
New York (AFP) – JPMorgan Chase Friday reported lower earnings due to a drop in its mortgage business as the U.S. banking giant seeks to turn the corner after costly legal settlements. JPMorgan, one of the first major companies to release first-quarter results, said net income was $5.3 billion, down 19 percent from a year […]
On the same day that J.P. Morgan paid more than $150 million to settle federal charges that it had lied to investors in 2007 about a mind-bogglingly complex mortgage product, a top U.S. bank regulator said he was “skeptical” of recent attempts to regulate the financial system. “We have to be able to figure out […]