For the first time in recent memory, financials investors are judging bank earnings by Main Street borrowing versus Wall Street trading.» Read More
Aaron Kwittken, Kwittken Company Worldwide CEO, offers advice for Jamie Dimon who will be testifying tomorrow before the Senate Banking Committee.
Jeff Harte, analyst at Sandler O'Neill, explains what he wants to hear from Jamie Dimon on Capital Hill tomorrow. He maintains a "buy" rating on the stock.
CNBC's Eamon Javers provides a preview of questions the Senate Banking Committee will likely ask JPMorgan's Jamie Dimon when he testifies tomorrow on Capitol Hill.
The fact is, we must rethink our understanding of business, the organization, and how we lead both, the author says.
The "Squawk on the Street" news team discusses today's market-moving stories; including a look at Italy's fiscal future as yields in that country continue to rise; JPMorgan CEO Jamie Dimon's testimony before the Senate Banking Committee tomorrow; Michael Kors' earnings beat; and the drop in oil prices amid an OPEC report saying the market is "amply supplied."
Donald Trump, Trump Organization chairman & president, discusses how JPMogan's Jamie Dimon mishandled the firm's trading losses; his plans for the Doral golf resort near Miami; building a major film studio; and the direction of oil prices if President Obama is re-elected.
Christopher Whalen, Tangent Capital Partners senior managing director, provides a preview of JPMorgan's CEO Jamie Dimon's testimony before the Senate Banking Committee on Capitol Hill tomorrow.
Kirsten Grind, "The Lost Bank" author, discusses the details of the unprecedented run on Washington Mutual, the nation's largest savings and loan, with $307 billion in assets and it subsequent fire-sale to JPMorgan.
JPMorgan's Jamie Dimon will sit on the hot seat before Congress in less than two days and speculation swirls that a downgrade of U.S. banks by Moody's could come any day now, with Ed Groshans, Height Analytics, and Moshe Orenbuch, Credit Suisse.
The former Fed chairman isn't worried by the size of the losses at JPMorgan's chief investment office. His reaction: "So what?"
Jason Goldberg, Barclays analyst, explains why he maintains a "buy" rating on JPMorgan despite its recent trading loss, also offering a look at today's surge in financials.
When a company is among the best in its sector, it becomes harder to detect potential flaws – not because of complacency but because processes and systems appear to be working well.
A small group of shareholder advocates delivered an urgent message to top executives at JPMorgan Chase more than a year ago: the bank’s risk controls needed to be improved, the New York Times reports
"Greece stays in the euro," predicts Lawrence Bossidy, former Honeywell chairman & CEO, discussing Europe's debt problems and the possibility of the EU issuing eurobonds despite objections from Germany's Chancellor, Angela Merkel. Also a look at JPMorgan's trading blunder, and Jamie Dimon's leadership.
When Esther George says "no individual" is more important than the Fed, is she talking about the CEO of JP Morgan Chase?
The "Mad Money" host has a word or two for federal government regulators.
Craig Overlander, Societe Generale for the Americas CEO, discusses how his firm has adapted to the European debt crisis and his perspective on the current state of the banking industry.
Discussing the impact JPMorgan's trading loss has on taxpayers, with Gary Gensler, CFTC chairman. "We've got to guard the American public against those offshore trades bringing risk back home," says Gensler.
Sallie Krawcheck, former Merrill Lynch Wealth Management CEO, discusses the Facebook fiasco, and where investors are now putting their money.
Although I strongly disagree with Jamie Dimon about the value of large banks, I am disturbed about the furor that has swelled up in Congress over the size of the loss.