For the first time in recent memory, financials investors are judging bank earnings by Main Street borrowing versus Wall Street trading.» Read More
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.
Steve LeBlanc, Texas Teachers senior managing director, shares his final thoughts on balancing making profits with a sense of purpose.
"We believe real estate can deliver a net 10% return to the pension plan," says Steve LeBlanc, Texas Teachers senior managing director, discussing the Texas-style of investing, and his decision to invest $3 billion with KKR and Apollo Global.
Will the fallout from the Facebook IPO debacle be worse for Morgan Stanley than the $2 billion trading loss for JPMorgan? Neil Weinberg, American Banker editor-in-chief, shares perspective.
CNBC's Eamon Javers reports on JPMorgan's Senate hearing for its giant trading loss. The SEC's Mary Schapiro told lawmakers that the individual investors should have confidence in the markets.
Goldman Sachs reiterated its "buy" rating on JPMorgan and now the stock is having its best day since March 13. The FMHR crew share their trade on financials.
CNBC's Brian Sullivan takes a look at who is having the worst month: corporate leaders, like JPMorgan's Jamie Dimon, JC Penney's Ron Johnson, or you, the individual investor.
It's been a May to forget for a growing number of the financial world's best-known names, including JPMorgan Chase's Jamie Dimon, Nasdaq OMX's Bob Greifeld, Chesapeake Energy's Aubrey McClendon, JC Penney's Ron Johnson, and Yahoo's Scott Thompson. We want to know who you think has had the worst month? Answer our poll and leave some comments.
Banks should focus on capital, liquidity and diversification, says Gary Parr, Lazard Freres vice chairman, discussing the future of Wall Street's regulatory landscape, in the face of JPMorgan's $2 billion trading blunder.
Sen. Bob Corker, (R-TN), discusses why he was the first to call for hearings related to JPMorgan's trading losses, and weighs in on regulatory reform, and curbing the banking sector.
JPMorgan is now down 20% since news broke of its big trading loss, and now CEO Jamie Dimon is telling investors he is suspending buybacks. Jason Goldberg, Barclays senior equity analyst, offers insight.