Sure, banks got a change they have long wanted to Dodd-Frank, but it will come with huge costs, says Politico's Ben White.» Read More
There were very good performances in asset management and investment banking, says Erik Oja, S&P Capital IQ, providing insight and reaction to JPMorgan's quarterly results.
Bank of America has discussed paying about $12 billion to settle the probes, including a portion to help struggling homeowners, while the Justice Department had suggested a $17 billion settlement, sources said.
AIX-EN-PROVENCE, France- Christine LaGarde, chief of the International Monetary Fund, indicates that the IMF may trim the Fund's growth forecasts, although she says that global economic activity should get stronger in the year's second half and accelerate in 2015..
NEW YORK, July 6- When Goldman Sachs' then-senior partner, Gus Levy, suffered a stroke in the middle of a client meeting in 1976 and died shortly after, the bank's management didn't know who would lead the firm.
NEW YORK, July 2- Jamie Dimon, chairman and chief executive of JPMorgan Chase& Co, plans to be out of the office for at least half of his planned two-month course of radiation treatment and chemotherapy for throat cancer, a spokesman said on Wednesday.
Shares of JPMorgan traded lower as Wall Street digested concerns about the health of its renowned CEO Jamie Dimon.
*JPMorgan falls, CEO says will be treated for cancer. NEW YORK, July 2- U.S. stocks ended one of their flattest sessions in years on Wednesday as a positive read on private sector employment wasn't enough to interest buyers ahead of the highly anticipated June payrolls report.
U.S. stocks closed mixed on Wednesday as the Dow and S&P 500 pushed into uncharted territory ahead of a government jobs report.
Discussing if CEOs should disclose health issues with shareholders, with Ed Freeman, professor at the University of Virginia's Darden School of Business, and Paul Argenti, professor of corporate communications at Dartmouth Tuck School of Business.
*JPMorgan falls, CEO says will be treated for cancer. NEW YORK, July 2- U.S. stocks were little changed on Wednesday as a positive read on private sector employment wasn't enough to get investors to keep buying ahead of the release of the closely watched June payrolls report on Thursday.
NEW YORK, July 2- U.S. stock indexes were little changed on Wednesday, with the Dow industrials hovering just below 17,000, after the U.S. private sector created many more jobs than expected last month.
The "Squawk on the Street" news team discusses JPMorgan CEO Jamie Dimon's cancer diagnosis and the bank's succession plan.
NEW YORK, July 2- U.S. stocks were set to rise slightly at the open on Wednesday, with the Dow industrials ready to pierce through 17,000, after the U.S. private sector created many more jobs than expected last month.
Jeff Sonnenfeld, Yale School of Management, discusses the strength of JPMorgan's bench and other corporate succession plans.
CNBC's Kayla Tausche reports CEO Jamie Dimon will remain working while undergoing treatment but will curtail his travel.
Paul Miller, FBR Capital Markets discusses whether Dimon's cancer diagnosis will likely impact the stock. And Jeff Sonnenfeld, Yale School of Management, weighs in on other CEOs who had health issues but did not disclose it publicly.
Jeff Sonnenfeld, Yale School of Management, discusses Jamie Dimon's prognosis and JPMorgan's succession plans.
JPMorgan CEO Jamie Dimon told employees the prognosis is excellent and the cancer was caught quickly, reports CNBC's Kayla Tausche.
NEW YORK, July 1- JPMorgan Chase& Co Chief Executive Jamie Dimon said he has been diagnosed with throat cancer but that the ailment is curable and he plans to remain actively involved in the business and continue to run the largest U.S. bank.
NEW YORK, July 1- JPMorgan Chase& Co Chief Executive Jamie Dimon told the bank's employees and shareholders on Tuesday that he has been diagnosed with curable throat cancer. Dimon has notified JPMorgan's board. Dimon became chairman of the board on Dec. 31, 2006, and has been CEO and president since Dec. 31, 2005.