Breaking from profile, Darrell Issa, chairman of the House Oversight and Government Reform Committee, has decided to investigate the “litigation policy” of the Obama Department of Justice “with respect to large financial institutions accused of illegality and fraud.” 165 more words
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Wall St. legendary trader Alan C. Greenberg passed away today from complications due to cancer. The 86-year-old, nicknamed “Ace,” helped to build Bear Stearns into a powerhouse investment bank to rival those of Goldman Sachs and Morgan Stanley, until it buckled under the in the maelstrom of the… 324 more words
News you can really use: that’s the innovative plan of upstart online-trading firm Motif Investing. Based in California, the company, run by former Microsoft executive Hardeep Walia, says it is hammering out a deal with an as-yet-unnamed news organization, to which it will pay fees to drive customers to Motif’s concept-based investing platform. 443 more words
Previous boycotts driven by NOM have been unsuccessful. Get the latest LGBT headlines in your inbox with our free daily newsletter! Join Topics equal marriagesame sex marriageAnti-gaysurveyboycottNOMbanknational organization for marriageallyanti discrimination policyjpmorgan chase Share on WhatsApp 0 reader comments… 29 more words
JPMorgan Chase CEO Jamie Dimon says he’s okay with companies using a hot tax dodge that could cost the U.S. tens of billions of dollars over the decade. 329 more words
JPMorgan CEO Jamie Dimon acknowledged that he may need to take “take it easy” as he is treated for throat cancer.
It’s not clear if the 58-year-old bank CEO plans to abbreviate his schedule in any significant way, although he has so far indicated that he wants to be as active as he can in managing the bank that he has grown into a sprawling 245,000-strong behemoth. 254 more words