Jamie Dimon

JPMorgan's Jamie Dimon facing push to drop chairman title

2013-05-17 17:51:00

NEW YORK — A major shareholder vote next week has Wall Street abuzz over the power and future of Jamie Dimon, leader of the country's biggest bank. As chairman and chief executive of JPMorgan Chase & Co., Dimon burnished his reputation by steering...

Jack Welch tweets support for Jamie Dimon

2013-05-08 11:03:00

Jack Welch is throwing his support — such as it is — behind Jamie Dimon, the embattled leader of JPMorgan Chase & Co. Dimon is scrambling to hang on to the chairmanship of his company in the aftermath of an embarrassing trading mishap by the...

May Day in New York: Protesting just about everything

2013-05-01 15:36:00

NEW YORK -- There are many things to protest against in the world, and people rallying against a fair number of them took to one of New York’s iconic squares on May Day as part of nationwide rallies in celebration of the traditional workers holiday....

May Day demonstrators rally across U.S.

2013-05-02 00:00:00

May Day protesters marched down streets across the country Wednesday, calling on lawmakers to provide a path to citizenship for the estimated 11 million immigrants who have entered the country illegally or overstayed their visas. The crowds numbered...

JPMorgan Chase, Wells Fargo post sharply higher profits

2013-04-12 17:28:00

Two of the nation's healthiest banks reported sharply higher profits and fewer loan delinquencies as bank earnings season began, but a slowdown in the mortgage business disappointed investors. JPMorgan Chase & Co.'s first-quarter earnings rose 33% and...

Senators to question former JPMorgan exec who oversaw London Whale

2013-03-13 11:22:00

WASHINGTON -- Ina Drew, the former JPMorgan Chase & Co. executive who oversaw the trading unit responsible for the $6.2-billion "London Whale" trading losses, is scheduled to testify Friday at a Senate hearing on the risky derivatives bets. Drew, who...

Ina Drew, who oversaw JPMorgan's 'London Whale,' saddened by losses

2013-03-15 08:35:00

WASHINGTON -- Ina Drew, the former JPMorgan Chase & Co., executive who oversaw the “London Whale” trades,� admitted mistakes led to at least $6.2 billion in losses and told senators Friday she was “saddened”� by the scandal last...

Wells Fargo CEO John Stumpf tops bank pay list with $22.9 million

2013-03-14 14:59:00

And the winner of this year's banker bonanza award is ... John G. Stumpf, chief executive of San Francisco's Wells Fargo & Co., with a 2012 compensation package totaling $22.87 million. Stumpf’s pay package, disclosed Thursday afternoon, was 15%...

Dow hits a record, but who's reaping the rewards?

2013-03-06 05:00:00

You've heard the old joke about the stockbroker showing a friend all the luxuries he's bought with the commissions paid by his customers — big house, big car, big yacht. And the friend asks, "But where are the customers' yachts?" The joke needs...

Jamie Dimon and the porn actress teacher

2013-01-16 12:52:00

Remember the 1 percenters, and the 99%? Want an update? Try these two stories on for size. First, in the 99% world -- the one most of us live in -- there’s this: The Oxnard School District Board of Trustees is expected to make a decision...

Warren Buffett pontificates on JPMorgan, Wells Fargo, newspapers

2012-07-13 12:03:00

Billionaire investor Warren Buffett had opinions to spare Friday, when he dished on JPMorgan’s Jamie Dimon, Wells Fargo’s home lending prowess, the future of the euro and newspapers, Facebook and more. “I’ve had enough mistakes of...

JPMorgan shareholders: 'Too much power in one person's hands'

2012-05-15 08:01:00

TAMPA, Fla. — Investors at the JPMorgan shareholder conference are concerned with the bank's recently disclosed $2-billion loss and 12% plunge in their stake in the bank. "When you are 94 years old, you don’t want to see any of your...

JPMorgan Chase CEO Jamie Dimon

2012-06-13 10:39:00

Jamie Dimon, chairman of the board, president and CEO of JPMorgan Chase & Co., testifies before a U.S. Senate Banking Committee hearing. Some of the nation's biggest banks - JPMorgan Chase, Citibank, Merrill Lynch and Bank of America - clamored to get involved in the $8.2 billion Zell deal.

2012-06-13 00:00:00

Jamie Dimon, head of JPMorgan Chase & Co., arrives to testify before the Senate Banking Committee last year.

2012-06-13 00:00:00