Here's how Jamie handled it.
CNBC anchor Steve Sedgwick looks at JPMorgan Chase $2bn trading loss and poses 10 big questions for the firm.
Deutsche Bank has announced that its Management Board, which initiated a strategic review of its global Asset Management division on November 22, 2011, has agreed to focus its exclusive negotiations with Guggenheim Partners on a potential sale of RREEF, its global alternative asset management business.
Expensive, this mortgage business.
Japan Target M&A Hits $24 billion, up 1% from 2011
Now this is serious - and embarrassing.
JPMorgan Chase has confirmed that it took a $2bn trading loss after what CEO Jamie Dimon described as 'errors, sloppiness and bad judgement'.
Here's more on that $2bn JPMorgan trading loss.
Telling it like it is ?
Swings and roundabouts.
Wall Street traders are already threatened by computers that can do their jobs faster and cheaper. Now the humans of finance have something else to worry about: Algorithms that make sure they behave.
A former Goldman Sachs Managing Director accused of rapng a woman at his beach house on New York’s Long Island is betting a judge will be more sympathetic than a jury.
Barclays head of markets Eric Felder is leaving the bank, less than a year after he was appointed to supervise its global sales and trading businesses, according to an internal memo.