Company: JPMorgan Chase and Co

(Reuters) - Facebook Inc's bungled initial public offering has gone from one of the most highly anticipated stock offerings to a hot legal opportunity for lawyers on both sides of shareholder litigation.

NEW YORK (Reuters) - Pioneering shale oil producer Continental Resources Inc <CLR.N> has hired veteran oil trader Kirk Kinnear in an effort to claim a share of the bumper profits that have emerged from an unprecedented arbitrage in domestic crude markets.

WASHINGTON (Reuters) - JPMorgan Chase <JPM.N> Chief Executive Jamie Dimon has been invited to testify before the Senate Banking Committee on June 7 to give lawmakers insight into the bank's trading loss of at least $2 billion, Senator Tim Johnson said on Friday.

JPMorgan Chase CEO Jamie Dimon has been summoned to a Senate panel next month to "get to the bottom" of the bank's $2 billion-plus trading loss.

(Reuters) - The slow market for merger deals is driving big-name investment banks into combat with smaller rivals for business from companies they usually ignore.

JPMorgan Chase CEO Jamie Dimon is being asked to appear before a Senate panel next month to answer questions about the bank's $2 billion-plus trading loss.

(Reuters) - It is perhaps the single easiest rule of thumb in investment: favor the simple over the complex.

(Reuters) - It is perhaps the single easiest rule of thumb in investment: favor the simple over the complex.

For once, the spotlight wasn't on Goldman Sachs.

A small group of protesters showed outside Goldman Sach's annual shareholder meeting, while inside the CEO fielded questions on regulation, Europe, pay and JPMorgan's trading losses.

NEW YORK (Reuters) - Another showdown between Republicans in Congress and President Barack Obama over debt could be in the making, and some investors are already taking steps to prepare for it.

U.S. bank earnings rose in the first three months of the year to the highest level in nearly five years and the number of troubled banks fell for the fourth straight quarter.

US manufacturers have attacked plans by JPMorgan Chase to launch an exchange-traded fund backed by physical copper, arguing that the product would “grossly and artificially inflate prices” and “wreak havoc on the US and global economy”. The FT reports.

A look at New York Stock Exchange 10 most-active stocks at the close of trading:

Almost four years after the financial crisis, Wall Street still can't get it right.