Apparently he was so shocked, he couldn't breathe.
Here's a list of folks who could be called as witnesses (by either the defence, prosecution or both) in the Rajat Gutpa insider trading trial.
Here's a round-up of all the latest news.
The Senate banking committee plans to call JP Morgan boss Jamie Dimon to Washington to explain how the bank lost $2bn in poorly-supervised trading.
U.S. Senators Charles E. Schumer (D-NY) and Bob Casey (D-PA) have unveiled a comprehensive plan to respond to those like Facebook co-founder Eduardo Saverin, who recently unleashed a scheme to renounce his U.S. citizenship in order to allegedly dodge taxes on profits he is expected to collect when the social-networking company goes public.
The 29 biggest banks in the world could be encouraged to embark on riskier trading activities as they race to raise $566bn of capital to meet new rules intended to make them more resilient, according to an analysis by the Fitch ratings agency.
Stuart Gulliver picked a bad day to update investors on his efforts to turn HSBC into a nimbler beast that will capitalise on booming trade in Asia.
It's a tough job working for a bailed-out bank that owes the taxpayer about £20bn – so exhausting, indeed, that Lloyds Banking Group dispatched a dozen top bosses on a luxury spa break at Champneys designed to teach them to eat like an executive and learn how to be more effective "hunter-gatherers in the corporate jungle".
It took 21 years and $656m of fees paid to two firms of lawyers and accountants but yesterday the files were finally closed on the banking scandal – which ranged from arms trafficking to prostitution and ended with a £20bn collapse – that was the Bank of Credit and Commerce International.
Everybody seems to be cutting something.
JPMorgan shareholders will decide next month whether to urge the board to name an independent chairman, while giving it leeway to wait until Jamie Dimon no longer occupies the bank’s top two posts.
Lloyd Blankfein didn’t change course as revenue from trading debt, commodities and currencies at Goldman Sachs fell more than 50% over the past five years. Now it’s time for that patience to start paying off.
French prosecutors said on Wednesday they were dropping an inquiry into alleged insider trading by several executives at BNP Paribas after finding no signs of wrongdoing.