By Nadia Damouni and David Henry. May 5- JPMorgan Chase& Co's Jamie Dimon may be losing ground in his fight to keep the title of chairman, as some major investors push for more oversight of the chief executive after the " London whale" trading losses. JPMorgan declined to comment for this story.
May 5- JPMorgan Chase& Co's Jamie Dimon may be losing ground in his fight to keep the title of chairman, as some major investors push for more oversight of the chief executive after the " London whale" trading losses. JPMorgan declined to comment for this story.
By Nadia Damouni and David Henry. May 5- JPMorgan Chase& Co's Jamie Dimon may be losing ground in his fight to keep the title of chairman, as some major investors push for more oversight of the chief executive after the " London whale" trading losses. JPMorgan declined to comment for this story.
NEW YORK, May 3- JPMorgan Chase& Co CEO Jamie Dimon is scheduled to meet next week with bank examiners from the Office of the Comptroller of the Currency in a meeting the bank requested, the Wall Street Journal reported on Friday.
WASHINGTON, May 2- The head of the U.S. Securities and Exchange Commission's national examination program is leaving the agency, in what marks the latest major personnel change since Mary Jo White took over as head of the SEC last month, the SEC said Thursday.
WASHINGTON, May 2- The head of the U.S. Securities and Exchange Commission's national examination program is leaving the agency, in what marks the latest major personnel change since Mary Jo White took over as head of the SEC last month, the SEC said Thursday.
WASHINGTON, May 2- The head of the U.S. Securities and Exchange Commission's national examination program is leaving the agency, in what marks the latest major personnel change since Mary Jo White took over as SEC chairwoman last month, the SEC said Thursday.
WASHINGTON, May 2- The head of the U.S. Securities and Exchange Commission's national examination program is leaving the agency, in what marks the latest major personnel change since Mary Jo White took over as SEC chairwoman last month, the SEC said Thursday.
April 15- The trustee seeking money for Bernard Madoff's victims was barred on Monday from blocking a $410 million settlement resolving New York state's claims against Wall Street hedge fund manager Ezra Merkin, who was accused of secretly steering client money to the swindler.
The Madoff case embarrassed the SEC, which had investigated the now-imprisoned money manager but failed to detect his fraud. Howard Kleinhendler, a lawyer for eight plaintiffs who lost $50 million in Madoff's scheme, said he could not envision a better example of a case in which the SEC should be held liable for failing to prevent a fraud.
The Madoff case embarrassed the SEC, which had investigated the now-imprisoned money manager but failed to detect his fraud. Howard Kleinhendler, a lawyer for eight plaintiffs who he said lost $50 million in Madoff's scheme, said he could not envision a better example of a case in which the SEC should be held liable for failing to prevent a fraud.
*Soft demand at Italy debt auction sparks concern. Stoking concerns about the euro zone, Italy paid more to borrow over five years than it has since October at an auction Wednesday, as lack of progress in forming a new government and worries about Cyprus's bailout hurt demand.
NEW YORK, March 27- Wall Street was set for a lower open on Wednesday after a robust rally a day earlier, as soft demand at an Italian debt auction sparked concerns over the financial health of the euro zone.
NEW YORK, March 27- U.S. stock index futures fell on Wednesday, after a robust rally a day earlier, as soft demand at an Italian debt auction sparked fresh jitters over the financial health of the euro zone.