Financials Jamie Dimon

  • JP Morgan Chase headquarters

    Current and former brokers of JPMorgan Chase say the bank, one of the nation’s largest mutual fund managers, emphasized its sales over clients’ needs, the New York Times reports.

  • Whale Tail

    Late in May, facing a wrongheaded internal credit-derivatives trade that had already generated $2 billion in losses, senior managers at JPMorgan found themselves staring at a worst-case scenario that pegged the ultimate losses related to unwinding the trade put on by a U.K. trader — now nicknamed “the London Whale” — at as much as $9 billion, says someone familiar with the matter.

  • Rep. Bachus Defends OCE Ruling & Trading Record

    "They ruled six to nothing, that not only did I not insider trading but I violated no ethical rules nor any standards of conduct," says Rep. Spencer Bachus, (R-AL) Alabama, discussing insider trading charges brought against him and the results of an Office of Congressional Ethics investigation that followed.

  • JPMorgan Selling Rest of 'London Whale' Position

    JPMorgan has sold off 65-70% of its losing "London Whale" position, with CNBC's Kate Kelly.

  • The Lost Bank by Kirsten Grind

    During the frenzied days of September 2008, as the U.S. financial system teetered on the brink of collapse, the government chose winners and losers. Washington Mutual, the country’s largest savings and loan bank, fell into the latter camp.  The author of "The Lost Bank" has the story of the biggest bank failure in American history.

  • NYSE trader

    Adobe beats earnings but shares fall; Jamie Dimon takes to Capitol Hill again but little new is learned; Wall Street waits to see what the Fed will do tomorrow; Steve Wynn’s former wife sues to sell her shares.

  • Dimon: Most Important Thing to Me is U.S.A

    JPMorgan CEO Jamie Dimon says, "The most important thing to me is the United States of America," when asked about his position on regulation. "I hope I look back on everything I say is in the interest of the United States of America and not in the interest of JPMorgan."

  • Dimon: Taxpayers Should Never Pay for Big Bank Failure

    Sean Dufffy, (R-WI), asks Jamie Dimon whether regulators are capable of regulating a big bank like JPMorgan. "I completely agree that taxpayers should never pay for big bank failure," says Dimon. "The system is far healthier," he adds.

  • Barney Frank Takes on Jamie Dimon

    Rep. Barney Frank, (D-MA), asks JPMorgan CEO Jamie Dimon why he thinks the derivatives business should be exempted from further regulation.

  • Dimon: 'I Can Never Say We Won't Make Mistakes'

    JPMorgan's Jamie Dimon delivers his opening statement to the House Financial Services Committee and addresses the issue of debt and the overall economy, with Rep. Donald Manzullo, (R-IL).

  • JPMorgan Center of Washington Debate

    JPMorgan CEO Jamie Dimon is set to take the stand in front of the House Financial Services Committee, with CNBC's Mary Thompson.

  • Debating Dimon & the Volcker Rule

    CNBC's Steve Liesman and Tim Ryan, SIFMA CEO, discuss whether JPMorgan CEO Jamie Dimon missed an opportunity to discuss how the problems at JPMorgan could have been prevented by the Volcker Rule in his testimony yesterday.

  • President and CEO of JPMorgan Chase Co. Jamie Dimon testifies before a Senate Banking Committee hearing on Capitol Hill June 13, 2012 in Washington, DC.

    Jamie Dimon faces the Senate Banking Committee; Dick Clark Productions up for sale; Greek bank withdrawals increase ahead of the election; Spain credit rating is slashed; Tim Geithner discusses jobs growth.

  • President and CEO of JPMorgan Chase Co. Jamie Dimon (L) arrives to testify before a Senate Banking Committee hearing on Capitol Hill June 13, 2012 in Washington, DC.

    If the Jamie Dimon hearing was ever going to be more than just political theater, it would have answered at least one essential question: Would the Volcker rule have prevented the so-called hedges that led to $2 billion in losses at JPMorgan?

  • Cramer: Dimon is a Loser

    Jim Cramer calls JPMorgan CEO Jamie Dimon a "loser."

  • Dimon: 'We're Gonna Confess Our Sins'

    JPMorgan Chase CEO Jamie Dimon discusses his Senate testimony and how his company has dealt with its $2 billion trading loss, as well as steps taken to avoid similar losses in the future. "We're doing a real review," he says. "We will take the right actions at the right time."

  • How Much Capital is Enough?

    Sen. David Vitter, (R-LA) asks Jamie Dimon whether bigger banks should have higher capital requirements and if he thinks the Volcker Rule is necessary.

  • Dimon: Don't Know if Dodd-Frank Made Financial System Safer

    When Sen. Bob Corker, (R-TN), asks JPMorgan's Jamie Dimon if regulations have made the banking system safer, he responds: "I don't know."

  • Fast Money Portfolio: Long-Term Investing Amid Volatility

    Charlie Bobrinskoy, Ariel Investments vice chairman, explains why he believes "JPMorgan is still the strongest bank," and shares his top value picks right now.

  • Reacting to Dimon's First Day on the Stand

    Dissecting some of the headlines from JPMorgan CEO Jamie Dimon's statements in his testimony, with the Fast Money traders; and Greg Zuckerman, WSJ, discusses whether warning flags over JPMorgan's trading loss were raised years ago.