Princelings and Patek Philippe watches on junior staffers are more common on Wall Street than many want to believe. » Read More
"We are one decision away from restoring our fiscal and moral authority around the world, let's just do it," said James Dimon, CEO of JPMorgan Chase, talking about finding a solution to the nation's "fiscal cliff" problem, with CNBC's Andrew Ross Sorkin.
From auto sales to health care to the NFL to the price of gasoline, CNBC's anchors, reporters, editors and contributors make calls on what 2013 will bring.
And battles will brew over Volcker and derivatives rules.
NetNet's Carney predicts a move by the JPM chief and a Wall St. bust.
Discussing ConAgra and Yum Brands which are both hitting new highs, and whether Jamie Dimon is a good choice to be the next Treasury Secretary, with the Fast Money traders.
Warren Buffett says Jamie Dimon would be the "best person you could have" as Treasury secretary if the U.S. ran into problems with its financial markets.
The Securities and Exchange Commission on Friday charged JPMorgan and Credit Suisse with misleading investors over mortgage-backed securities, and the firms agreed to pay more than $400 million in combined settlements, according to a press release.
MEXICO CITY, Nov 1- World finance chiefs this weekend will press the United States on how it can prevent its fiscal problems from hitting the global economy and will seek reassurance from Europe that it has a grip on its debt crisis.
Nov 1- A significant portion of customers in Wells Fargo& Co's $1.9 trillion mortgage servicing portfolio remain strong candidates for refinancings, the head of the bank's home lending unit said on Thursday.
The U.S. economy is on the mend and has been getting better, but JPMorgan CEO Jamie Dimon said chief executives he has spoken to have told him they are already making decisions to protect their companies from a looming "fiscal cliff."
Jamie Dimon, CEO of JPMorgan, tells CNBC that regardless of who wins the election the US needs good policy needs to show that the country has the will to fix its fiscal problems.
Oct 24- Visa Inc said Charles Scharf, a former head of JPMorgan Chase& Co's retail financial services division, will succeed Joseph Saunders as chief executive, effective Nov. 1. Scharf worked closely with Jamie Dimon, chairman and CEO of JPMorgan, when the two men were at Citigroup Inc in the 1990 s.
NEW YORK-- Citigroup isn't as enthusiastic as its peers about a comeback in the housing market. On Friday, executives at Wells Fargo and JPMorgan Chase declared that the long-struggling market had turned a corner.
The country's two biggest mortgage lenders, Wells Fargo and JPMorgan Chase, reported Friday that a surge in home lending pushed them to record profits. JPMorgan CEO Jamie Dimon declared that the housing market "has turned the corner." JPMorgan wrote $47 billion in mortgages, compared with $37 billion last year.
*Pay falls at JPMorgan's investment bank in 3rd qtr. Oct 12- JPMorgan Chase& Co's investment bank set aside less revenue to pay employees last quarter, another sign that Wall Street bonuses are on the decline this year.
*JPMorgan's Dimon: housing has turned a corner. NEW YORK, Oct 12- U.S. consumer sentiment unexpectedly rose to its highest in five years in October in the latest in a string of encouraging signs from the economy that may boost President Barack Obama's re-election hopes next month.
NEW YORK-- Jamie Dimon, the CEO of JPMorgan Chase, is known as much for his swagger as for his banking savvy. Friday, when his bank reported triumphant results for the third quarter, was no exception.
JPMorgan's earnings were a mixed bag, reports CNBC's Kayla Tausche, saying investment banking earnings declined sharply from last quarter amid lower volumes.
CNBC's Kayla Tausche reports JPMorgan's Dimon said, "the housing market has turned the corner," in the company's earnings press release; CNBC's Diana Olick checks on which housing stocks are winners.