For the first time in recent memory, financials investors are judging bank earnings by Main Street borrowing versus Wall Street trading.» Read More
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.
CNBC's Mary Thompson reports on JPMorgan CEO Jamie Dimon's statements to shareholders today regarding the bank's trading loss.
JPMorgan is suspending its buyback program but intends to maintain its dividend, reports CNBC's Mary Thompson.
CNBC's Mary Thompson reports JPM's CEO, Jamie Dimon will give a keynote speech to analyst and institutional shareholders this morning at the Deutsche Bank Global Financial Services Conference, and has an update on the credentials of the former risk officer at the unit responsible for the $2 billion trading loss at JPMorgan.
The $2 billion trading loss at JPMorgan is attracting interest in Washington, and the company's CEO, Jamie Dimon is once again set to face investors today at the Financial Services Conference. Harvey Pitt, former SEC chairman, discusses some of the legal issues surrounding JPM's trading blunder, with Dick Grasso, former NYSE chairman & CEO.
Bart Chilton, Commodities Futures Trading Commission commissioner, weighs in on an open probe into any wrongdoing in JPMorgan's $2 billion plus trading loss.
Trans-Atlantic tension in JPMorgan Chase’s chief investment office in 2010 and 2011 contributed to the unit’s giant losing trades in 2012, current and former bankers said, The New York Times reports.
Debating whether JPMorgan CEO Jamie Dimon should stay or go amid his company's major trading loss, with Amar Bhide, Tuft University professor and CNBC's Ron Insana.
Barry Sine, Drexel Hamilton and Paul Miller, FBR Capital Markets, share their take on JPMorgan as the charts tumble amid trading losses; and discussing Facebook's IPO, Sine says, "This is an IPO that doesn't work and if it hasn't worked the first day, then I don't think it's going to work."
Discussing whether JPMorgan's trading loss is still on the minds of Wall Street, and CEO Jamie Dimon's position on more banking regulations, with Monica Langley, Wall Street Journal and Jesse Eisinger, ProPublica.
JPMorgan's stock is under pressure after the bank's $2 billion loss gets worse, with CNBC's Mary Thompson.