In a rare JPMorgan Chase story that did not mention the bank's own recent losses, DealBook reported Friday that the bank had transferred $168 million to a trustee representing former MF Global customers, to start repaying them.
No, we don't think Barack Obama praised Jamie Dimon Tuesday simply because the president banks with him, but that's still where our mind went upon learning the president has a JPMorgan Chase checking account worth $500,000 to $1 million.
The first executive head to roll at JPMorgan Chase will be Ina R. Drew, the chief investment officer responsible for overseeing the trades that led to the $2 billion trading loss that was announced on Thursday.
JPMorgan Chase boss Jamie Dimon appeared on NBC's Meet the Press to apologize for how he behaved after the bank's $2 billion loss was revealed; Joe Lieberman announced there will be a congressional hearing over the Colombian Secret Service scandal.
Perhaps the most surprising thing about a man who was able to move trillion dollar markets in a single bet, is that we know so little about him. Especially when everyone has known what he was up to for weeks.
It just took one phone call but the career of Jamie Dimon "the King of Wall Street" and CEO of JP Morgan Chase is on the line.
Big banks in the U.S. have found a clever way to respond to the hullabaloo over the new debit-card fees some of them proposed and then had to walk back: charge new fees, but call them something else.
J.P. Morgan and other major banks in the U.S. have decided that they're not going to try and pull a Bank of America by adding any new fees to their already cash-strapped debit-card customers.
Banks stocks are getting killed
Misrepresented loans yield another batch of lawsuits, this time from a housing authority
The bank violated trade laws three times over the last six years
The heads of Goldman Sachs and Bank of America want a deal cut this week
Pretty much everyone agrees: crisis. But the details are interesting
Bankers love the JPMorgan CEO for challenging the Fed. Others are less sure
The figure begs the question: Is that nearly enough?
Have a story we missed? A link we have to click? A sharp opinion about the news? Instead of waiting for us to post it, tell us on the Open Wire.
Submit your news and ideas | See all reader postsThe Atlantic Wire is your authoritative guide to the news and ideas that matter most right now. Our team tracks newsmakers and opinions across the entire media spectrum: newspapers, web sites, television, radio and magazines.
But we do more than just collect information. By synthesizing, analyzing and summarizing what’s out there, and adding new information when we can, we are a news engine that gives you a quick and valuable account of the issues of the day.
Get Five Best Columns in your inbox each morning (preview)
Have a hot tip? A story we missed? Tell us on the Open Wire
How to send us editorial or technical feedback
