For the first time in recent memory, financials investors are judging bank earnings by Main Street borrowing versus Wall Street trading.» Read More
CNBC's "Squawk on the Street" team and Jim Cramer discuss SEC Chair Mary Schapiro's comments on JPMorgan.
The "Squawk on the Street" team discusses this morning's major headlines, including JPMorgan's $2 billion trading loss, Nordstrom's earnings miss and Credit Suisse's upgrades on AT&T and Verizon.
David Gregory, Meet the Press moderator, discusses JPMorgan CEO Jamie Dimon's interview on his show prior to the announcement of the firm's $2 billion trading loss.
In a surprise announcement, JPMorgan said Thursday that it has suffered trading losses of $2 billion since the start of April. Stephanie Link, director of research and VP of strategy at TheStreet and CNBC contributor, weighs in.
US biggest bank in asset, JPMorgan, revealed on Thursday that it suffered a trading loss of at least $2 billion from a failed hedging strategy.
JP Morgan shocks the financial world with a surprise 5pm conference call to announce a $2B in losses Yahoo CEO says he never gave the company his resume. Boone Pickens delivers a frank talk and video game sales see a 5th straight month of decline.
Brian Kelly, Shelter Harbor Capital; Lee Munson, Portfolio Asset Management; and Russ Koesterich, BlackRock iShares Group, discuss JP Morgan's stunning revelation of $2 billion trading losses and its impact on Friday's trading action.
CNBC's Mary Thompson and Jim Cramer report on JP Morgan's stunning admission of huge losses at the bank. Also, discussing what's causing the stall on Capitol Hill, with Kimberley Strassel, The Wall Street Journal; Bill Hennessy, St. Louis Tea Party founder; and Joy Reid, TheGrio.com.
"Just because we're stupid doesn't mean everybody else was," says JPM's CEO Jamie Dimon, commenting on his company's huge losses. CNBC's David Faber weighs in on Dimon's ability to manage risk, with Todd Hagerman, Sterne Agee analyst.
The Fast Money traders listen in on JP Morgan's conference call, and CNBC's Mary Thompson has highlights from the call, reporting JPM's CEO Jamie Dimon said the losses were "stupid" and violated the "Dimon Rule".
JPMorgan Chase is introducing its own prepaid credit card called Chase Liquid, in a move that could help it recoup revenue lost to new regulation.
Have the last few years left you looking like a cross-eyed Mary? Were your retirement plans bungled ... in the jungle? Maybe the financial collapse has left you feeling like a dead duck, spitting out pieces of your broken luck. Oh, Aqualung.
The U.S. economy is improving but "we wish it were stronger," JP Morgan Chase's chief financial officer told CNBC Friday.
Michael Scanlon, Manulife Asset Management, and Todd Hagerman, Sterne Agee, discuss JPMorgan's better-than-expected earnings this quarter.
Sharpen your pencils, it's Last Call quiz time.
CNBC's Eamon Javers reports Facebook's valuation is headed higher; JPMorgan CEO, Jamie Dimon told shareholders in his annual letter that earnings will grow over time; and shares of AIG were up on news from CNBC, the insurance giant could launch an IPO on its aircraft leasing business.
Last year was a good one for JPMorgan Chase earnings but it would've been even better had the bank not been hit with mortgage-related losses, CEO Jamie Dimon told investors in his annual letter, released Wednesday
CNBC's Mary Thompson reports the latest details on JPM's CEO Jamie Dimon's letter to shareholders.
Is the economy getting stronger or pulling back? Two members of CNBC's Small Business Council weigh in.
The housing market is very close to a bottom and there are already signs its improvement is giving the overall economy a boost, JPMorgan's Jamie Dimon told CNBC.