Following news this week that JPMorgan Chase lost $2 billion on a bad hedging strategy, former FDIC Chairman Bill Isaac on Friday urged U.S policies to prevent banks that are “too big to fail.” ... Read More
When I came in this morning, I was encouraged by what I saw from Wells Fargo and JP Morgan, not just the bottom line beat but the relative strength in two key areas: mortgage activity and trading... Read More
Trading volume should power JPMorgan Chase to report a very good quarter, while refinancing will boost Wells Fargo earnings, Stifel Nicolaus analyst Christopher Mutascio told CNBC Thursday.... Read More