Archive for the 'Jpm' Category

JPMorgan investment chief out

David Olson, a former head of credit trading in JPMorgan Chase & Co. (JPM)'s chief investment office, learned about risk as a U.S. Navy nuclear subm Fallout from JP Morgan trading losses, which led to rater Fitch downgrading their debt yesterday, aren't the only financial worries the banking behemoth is facing. Nestled in that shocking [...]

JPMorgan Falls 9% After Reporting $2 Billion Trading Loss

By Shanny Basar Of FINANCIAL NEWS John Hogan, who only became chief risk officer in JP Morgan Chase (JPM) in January, will likely be facing some uncomfortable questions following the bank's revelation yesterday it had made $2 billion in trading losses By Shanny Basar Of FINANCIAL NEWS John Hogan, who only became chief risk officer [...]

JPMorgan Chase: London whale swallows $2B

By David Benoit Wells Fargo (Outperform, valuation target $47-$50) – While we believe the losses are embarrassing for JPM–a company that prides itself on its risk management capabilities–the EPS “hit” for 2012 is likely to be $1.8B+/- or 9% of our By Edward Krudy | NEW YORK (Reuters) – Stock index futures fell sharply on [...]

JPMorgan Loads Up Litigation War Chest

By Tim Catts and Mary Childs – Thu Jul 14 17:05:53 GMT 2011 JPMorgan Chase & Co. (JPM) is planning the first offering of 30-year bonds by a US financial company in about six months after reporting second-quarter profit that exceeded analysts' estimates JP Morgan (JPM) announced that second-quarter earnings came in at $1. 27 [...]