Within the bitcoin uprising, there is a battle for the hearts of the early bitcoin adopters.» Read More
CNBC's John Carney reports on how JPMorgan's Jamie Dimon is responding to the Op-Ed piece by a former Goldman Sachs executive, and also what's happening within Goldman Sachs.
Greg Smith lobbed a verbal Molotov cocktail in The New York Times against his former firm, Goldman Sachs, and reaction to his resignation might lead you to believe a lot of people inside the firm agree with his negative assessment of CEO Lloyd Blankfein. Mmmmm...not so fast
A look back at the banking environment during the collapse of Bear Stearns, with Alan Schwartz, former Bear Stearns CEO/Guggenheim Partners executive chairman, who says institutions need to be more careful on how they define leveraging. Schwartz also says while there are some good things about regulation, they are over complicating.
WNBC's Jonathan Dienst reports the FDA has raised safety concerns statin drugs pose a small risk of raising blood sugar levels; shares of First Solar were halted after it released much lower-than-expected earnings; Republican Senator from Maine, Olympia Snowe says she will not run for re-election; and JP Morgan Chase CEO Jamie Dimon says breaking up the bank will not unlock any value.
Gerard Cassidy, RBC Capital Markets, discusses JPM's earnings strength; his "outperform" rating on the bank, and how the stock will grow from commercial banking.
Regulations could be a benefit for the larger firms, though may hinder smaller firms, JPMorgan CEO Jamie Dimon told investors today. CNBC's Mary Thompson reports.
Expectations of JPMorgan are too low, according to Paul Miller, FBR Capital Markets, but the bank will outperform, he says. Fast Money trader Brian Kelly also weighs in if the entire banking industry looks attractive.
CNBC's Mary Thompson takes a look at what investors are curious to hear from JPMorgan CEO Jamie Dimon as he takes center stage to speak to shareholders today.
Warren Buffett appeared live on CNBC's Squawk Box this morning, February 27, 2012, for his annual "Ask Warren" three-hour marathon. This is the last part of a transcript of his comments.
Warren Buffett appeared live on CNBC's Squawk Box this morning, February 27, 2012, for his annual "Ask Warren" three-hour marathon. This is part seven of a transcript of his comments.
Warren Buffett appeared live on CNBC's Squawk Box this morning, February 27, 2012, for his annual "Ask Warren" three-hour marathon. This is part six of a transcript of his comments.
Former FDIC Chair Sheila Bair said Thursday she believed Europe was heading into a recession, but she sounded confident about U.S. banks.
The hottest ticket around at the World Economic Forum is to the Accel Partners Cocktail party tonight at the Kirchner Museum in Davos. Accel – the VC firm behind Facebook. The elite of the elite come to mingle, network, swap ideas and stories.
JPMorgan's CEO Jamie Dimon said a Greek default would have "zero impact on U.S. banks." The Closing Bell team discusses.
Should investors be worried about U.S. banks if Greece does default? JPMorgan CEO Jamie Dimon isn't concerned. He told CNBC the direct impact would be zero. Neil Weinberg, American Banker, discusses whether Dimon is right.
The impact of a Greek default on American banks would be negligible, JP Morgan Chase CEO Jamie Dimon told CNBC on Thursday, and while there are chances of a bad outcome in Europe, he is not concerned about unpleasant surprises in the region.
James Dimon, chairman, president & CEO, JPMorgan Chase, discusses the world economy, muddling through in Europe, and the President's prerogative when it comes to naming a successor for Treasury Secretary Timothy Geithner. Bernanke, he says, has been an outstanding Fed chief.
The international bank capital regulations known as Basel III may be weakening the financial system by promoting herd-like behavior by the banks. This effect was confirmed by Jamie Dimon, the chief executive and chairman of JPMorgan Chase.
JPMorgan Chase reported solid loan growth in the fourth quarter, driven by a jump in business lending. But there's one area where the bank is still not seeing any pickup in lending — mortgages.
Regulatory policies are badly undermining the economic objectives of governments around the globe by hampering bank activity, JPMorgan Chase chief executive Jamie Dimon said in a conference call discussing fourth quarter earnings Friday morning.