JPMorgan & Chase CEO Jamie Dimon had a...
In early 2013, JPMorgan's outspoken chief Jamie...
JP Morgan has settled with regulators and acknowledged the $US6 billion London Whale trading debacle was a result of reckless behaviour, the Commodities Futures Trading Commission said today. JP Morgan will admit some wrongdoing and pay a $US100 million fine. “On February 29, just ahead of the month-end testing of […]
Another day, another legal headline for JP Morgan. Federal prosecutors believe Javier Martin-Artajo, the former JPMorgan Chase trader facing criminal charges in connection with the bank’s “London Whale” trading loss, will be extradited to the United States to face trial. At a conference on white collar crime, U.S. attorney Lorin […]
That trade lost the bank nearly $US6 billion.
Six investigations from the Department of Justice alone.