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Jamie Dimon has warned of diminished liquidity in the bond market, but Pimco's Mark Kiesel says Treasurys are still very liquid.
JPMorgan CEO Jamie Dimon defended the financial firm's size on Wednesday, saying "larger does not necessarily mean more risky."
The former Treasury secretary said regulators should make a priority of addressing the problems of bond market liquidity, brought on by efforts to make institutions safer after the crisis.
CEO of JP Morgan Chase is on the defensive over the size of his firm. CNBC's Morgan Brennan reports.
March 18- Citigroup Inc cut its chief executive Michael Corbat's annual compensation by 10.3 percent in 2014, citing high legal expenses and the company's failure to win regulatory approval for its capital plan last year. Corbat's earned a total of $13 million for 2014, down from $14.5 million a year earlier, according to the compensation approved by Citi's...
*Credit Suisse names Prudential's Tidjane Thiam as new CEO. *Credit Suisse shares rally 7.5 pct. ZURICH/ LONDON/ HONG KONG, March 10- Credit Suisse has swooped on Prudential boss Tidjane Thiam to lead the Swiss bank in a push to manage more of the wealth of Asia's fast growing multi-millionaires' club.
*Credit Suisse names Prudential's Tidjane Thiam as new CEO. *Credit Suisse shares rally 7.5 pct. ZURICH/ LONDON/ HONG KONG, March 10- Credit Suisse has swooped on Prudential boss Tidjane Thiam to replace chief executive Brady Dougan- seen to have failed in reforming the Swiss bank fast enough- in order to push into wealth management of a growing multi-millionaires...
*Credit Suisse names Prudential's Tidjane Thiam as new CEO. *Credit Suisse shares open 8.8 pct higher after news. ZURICH/ LONDON/ HONG KONG, March 10- Credit Suisse is bringing in Tidjane Thiam, the head of British insurer Prudential, as its new chief executive to help drive the Swiss bank's push into wealth management in emerging markets.
ZURICH/ HONG KONG, March 10- Credit Suisse said it had hired Prudential head Tidjane Thiam as the first African to lead a global investment bank, with the job of reviving a company reeling from U.S. penalties and under increasing regulatory scrutiny. Credit Suisse Chairman Urs Rohner said long-standing boss Brady Dougan was stepping down as chief executive of...
ZURICH/ HONG KONG, March 10- Long-standing Credit Suisse boss Brady Dougan is set to quit as chief executive of the Swiss bank as soon as Tuesday and will be replaced by Prudential head Tidjane Thiam, people familiar with the moves told Reuters. Thiam, a former Ivory Coast government minister who has led Prudential since 2007, will become one of the few top...
ZURICH/ LONDON, March 9- Brady Dougan is set to quit as chief executive of Credit Suisse, a person familiar with the matter told Reuters. Although the Swiss bank's board backed the American chief executive over the deal, under which Credit Suisse pleaded guilty to criminal charges but held onto its New York licence and its legally protected client data, he came...
*Javier Martin-Artajo attends court hearing in Madrid. MADRID, March 5- A Spanish prosecutor has recommended extradition to the United States of Javier Martin-Artajo, an ex- JPMorgan Chase& Co executive indicted over the "London Whale" scandal which led to over $6.2 billion in trading losses at the bank in 2012.. Spaniard Martin-Artajo, who was the London...
Standard Chartered is naming ex-JPMorgan banker Bill Winters its next CEO. Discussing Jamie Dimon's mentorship, with Suzy Welch, author of "The Real Life MBA," and Duff McDonald, author of "Last Man Standing."
Citigroup cut CEO Corbat's pay by about 7 percent in 2014, a year in which the bank's profit nearly halved due to higher legal costs and a slump in bond trading.
JPMorgan CEO Jamie Dimon is out with advice for handling bad employees, and Alibaba employees have been told they will not receive their New Year's bonuses, reports CNBC's Bertha Coombs.
The JPMorgan Chase CEO criticized bad workers and D.C. politicians for slowing down the economy on Thursday.
JPMorgan's Jamie Dimon has received his first cash bonus since 2011, reports CNBC's Kayla Tausche.
JPMorgan Chase CEO Jamie Dimon says despite its problems, the U.S. still has "the best hand ever dealt of any country."
Investors who want certainty about legal costs for financial firms should not buy bank stocks, JPMorgan's Jamie Dimon tells CNBC.
JPMorgan's James Dimon, shares his thoughts on monetary policy in America and central banking in Europe.