Tags » Jamie Dimon

JPMorgan’s Jamie Dimon takes responsibility – but not blame – for $2 billion loss

By Annika McGinnis, McClatchy Newspapers (June 13, 2012)

WASHINGTON — JPMorgan Chase CEO Jamie Dimon told Congress on Wednesday that he bore ultimate responsibility for a $2 billion trading loss, but that the bank might financially penalize some of the executives involved. 673 more words

Clips

JPMorgan: No absolute protection from cyberattack losses

JPMorgan Chase, the banking giant hit by one of the largest cyberattacks in corporate history, can’t guarantee total protection from losses caused by data breaches, CEO Jamie Dimon said Tuesday. 256 more words

Buzz

JPMorgan Chase socks away more money for legal expenses

The numbers: A bit disappointing. JPMorgan Chase said Tuesday it earned $5.6 billion in the third quarter, up from a loss in the same period a year earlier when it set aside $9.3 billion for legal expenses. 186 more words

JP Morgan’s Jamie Dimon: Bitcoin Will “Try to Eat Our Lunch”

By Inside Bitcoins

NEW YORK (InsideBitcoins) — When the topic of bitcoin was raised before the Institute of International Finance (IIF) annual membership meeting in Washington, D.C. 240 more words

Banking

Big Banks Are Confident in the Face of the Bitcoin Threat

At last year’s annual meeting of the Institute of International Finance, the association representing the global banking industry, a handful of themes dominated the conversation: the impact of financial regulation, the end of easy money, ways to jump-start sputtering growth in the advanced economies. 1,273 more words

BitCoin

JPMorgan Chase's CEO, back on the public stage, is bearish on bad actors and bullish on the US economy

Jamie Dimon is back and he’s not running for US president.

The JPMorgan Chase CEO, in his first public speaking engagement since disclosing his diagnosis of throat cancer… 166 more words