In an era of chastened Wall Street egos, Michael L. Corbat, the chief of Citigroup, has cultivated a workmanlike demeanor out of the spotlight. The NYT reports.» Read More
Former Sen. Chris Dodd (D-CT), addresses the challenges in getting Dodd-Frank just right, and criticism over how long it has taken. Former Rep. Barney Frank (D-MA), weighs in.
Discussing what it would mean if JPMorgan's potential $13 billion settlement with the DOJ would collapse, with Former Rep. Barney Frank (D-MA), and Former Sen. Chris Dodd (D-CT).
Oct 29- JPMorgan Chase& Co's preliminary $13 billion deal to resolve federal and state probes into its mortgage bond business has hit two stumbling blocks, a person familiar with the talks said on Tuesday.
Oct 29- The preliminary $13 billion deal set by JPMorgan Chase& Co CEO Jamie Dimon and U.S. The Department of Justice has sought a provision in the settlement that prohibits JPMorgan from seeking to push the WaMu liabilities from the settlement onto the FDIC.
Oct 29- The preliminary $13 billion deal set by JPMorgan Chase& Co CEO Jamie Dimon and U.S. Attorney General Eric Holder is at risk of falling apart, the Wall Street Journal reported on its website on Tuesday.
CNBC's Kate Kelly reports that JPMorgan's tentative deal with the DOJ may be falling apart over who is responsible for the purchase of Washington Mutual loans gone bad.
CNBC's Dominic Chu and Bob Pisani eye shares of JPMorgan after Dow Jones reports the proposed settlement between JPMorgan and the Justice Department is at risk of collapsing.
According to the Dow Jones, JPMorgan's $13 billion proposed deal with the Department of Justice is at risk of collapse, reports CNBC's Dominic Chu.
CNBC's Kayla Tausche sat down with Thomas Curry, Comptroller of The Currency, who levied billions in fines against big banks.
The Feds are preparing to take action in a criminal investigation of JPMorgan, suspecting the bank turned a blind eye to Bernie Madoff's Ponzi scheme. The NYT reports.
While JPMorgan is facing a tentative $13 billion fine from the DOJ, they may also have a longstanding private investor suit that could result in a $6 billion payout. CNBC's Kate Kelly reports the details.
NEW YORK, Oct 22- JPMorgan Chase& Co is nearing an agreement worth close to $6 billion with a group of institutional investors to settle claims over shoddy mortgage-backed securities issued in the run-up to the financial crisis, a source familiar with the talks said.
The former GE chief said the JPMorgan head is "in the crosshairs" and that he hopes the bank's settlement "clears the decks."
Oct 22- There is no contradiction: Jamie Dimon remains at JP Morgan not despite it being in line for a record $13 billion fine, but because of what that fine demonstrates.
Happy Jobs Tuesday, which has such a wrong ring to it, but we must adapt and persevere.
Why should JPMorgan put up $4 billion for Fannie and Freddie? CNBC's Larry Kudlow says this is some kind of "political payback." Joshua Rosner, Graham Fisher & Co.; Larry McDonald, Newedge; and Alan Dershowitz, Harvard law professor, weigh in.
Discussing JPMorgan's business practices and its potential settlement with the FHFA, with Joshua Rosner, Graham Fisher & Co., and Larry McDonald, Newedge.
JPMorgan appears to be days away from a settlement with federal prosecutors, reports CNBC's Kate Kelly. The latest agreement would be for a $13 billion payment.
LONDON, Oct 21- A former JPMorgan Chase& Co executive in Europe is appealing findings by Britain's financial watchdog that criticised his actions in connection with the "London Whale" scandal.
Barney Frank, former Massachusetts representative, reacts to an op-ed in the Wall Street Journal about JPMorgan's $13 billion settlement. He also feels he should take very little blame for the housing boom and bust.