JPMorgan’s Jamie Dimon faces ‘demanding’ cancer treatment amid questions...
Jamie Dimon, whose eight years atop JPMorgan Chase & Co. have made him one of Wall Street’s most powerful leaders, said he’ll start treatment for throat cancer, but stay on the job
View ArticleWhat you need to know before markets open
Canadian markets will be playing catchup today after the Canada Day holiday, tracking gains in markets around the world. Here are the stocks to watch
View ArticleJPMorgan ready for any scenario, says CEO Dimon as he prepares to fight...
Numerous candidates available should the investment bank require a new leader in short order, but Dimon says he'll continue to work in a reduced capacity as long as he can
View Article'Banks are under assault,' says JPMorgan CEO after legal costs shave 6.6% off...
JPMorgan Chase & Co. reported a 6.6% drop in quarterly profit as legal costs exceeded US$1 billion in the wake of government probes, leading Chief Executive Jamie Dimon to claim banks were 'under...
View ArticleJamie Dimon says 'unprecedented' Treasury move is warning shot for investors
The next financial crisis — and there will be another crisis — will be worse because investors won't be able to run to safety of U.S. bonds, Wall Street titan warns
View ArticleHow JPMorgan chief Jamie Dimon became a billionaire — and in an unusual way
With JPMorgan shares near a record high, Dimon's net worth is about US$1.1 billion — a status that's unusual as few bank managers accumulate that much wealth
View ArticleCEO straight talk: Do investors really want the truth?
After Jack Dorsey's honest call with analysts, the company's stock dropped 15 per cent. So was it smart for Dorsey to offer up quite so much straight talk?
View ArticleThe biggest debt fund in the world just cut its bet on bonds as Jamie Dimon...
Everybody from the head of JPMorgan to investing guru Jeffrey Gundlach are warning investors to prepare for rising interest rates
View ArticleFive things you should know before you start your work day on Sept. 14
Here are a few key stories we're following today in the Financial Post
View ArticleIndustry veteran Fred Pye set to launch Canada's first crypto-currency fund
Despite wide dissent, 'the concept of moving money around the world, instantaneously, securely and for free, is a great idea'
View ArticleJPMorgan surprises investors, irks Fed with dividend announcement
JPMorgan Chase & Co., the biggest U.S. bank, surprised investors and the Federal Reserve when the firm announced two days early that it received regulatory approval for a 20 percent dividend increase
View ArticleJPMorgan's Dimon tells staff Goldman op-ed not to be exploited
Investment bank JPMorgan tried to contain damage to Wall Street’s reputation on Thursday by telling staff not to try to profit from rival Goldman Sachs’ embarrassment over a vitriolic resignation...
View ArticleBuffett offers Wall Street-sized compensation to attract talent
Berkshire Hathaway Inc. Chief Executive Officer Warren Buffett, who has said banker greed helped deepen the U.S. financial crisis, attracts the workers he wants with compensation that competes with...
View ArticleTD's Ed Clark elbows rival Gord Nixon off best CEO list
Toronto-Dominion Bank can claim a symbolic victory in its head-to-head battle with rival Royal Bank of Canada, thanks to Barron's magazine
View ArticleJPMorgan earnings beat estimates on mortgage lending gains
JPMorgan Chase & Co. reported a 3.1% drop in first-quarter earnings, a smaller decline than analysts estimated, on gains from mortgage lending
View ArticleHow not to be a good CEO by Jamie Dimon
This is practical information for your everyday life
View ArticleJPMorgan hit with US$2-billion trading loss after 'egregious' hedging failure
JPMorgan Chase & Co. Chief Executive Officer said the firm lost about US$2-billion on synthetic credit securities after an “egregious’” failure in its chief investment office, which the bank says...
View ArticleJPMorgan shock $2-billion loss spooks bank stocks
JPMorgan Chase & Co’s shock trading loss of at least US$2 billion from a failed hedging strategy by the so-called London Whale knocked financial stocks across the globe on Friday, as well as the...
View ArticleJPMorgan’s $2 billion loss ranks among biggest trading debacles
Here's a historic look at trading losses
View ArticleJPMorgan's US$2-billion trading blunder raises spectre of stiffer financial...
Proponents of greater financial regulation say JPMorgan's US$2-billion trading loss shows that even the best and smartest banks can make potentially catastrophic mistakes when they start dabbling in...
View ArticleNo trading for Dimon principle with TD Bank chief Clark
Toronto-Dominion Bank chief executive officer Edmund Clark is no Jamie Dimon and that may explain why his Canadian bank can’t violate any Dimon principles on speculative trades
View ArticleJPMorgan's Dimon faces calls to hand over chairmanship
Jamie Dimon faces growing calls to give up the chairmanship of JPMorgan Chase & Co when shareholders of the bank convene on Tuesday, days after it revealed losses of billions of dollars in trades...
View ArticleFBI launches criminal probe of JPMorgan as shareholders back CEO Dimon
The FBI has opened a probe into trading losses at JPMorgan Chase & Co, stepping up the pressure on the bank after the U.S. Securities and Exchange Commission and the Federal Reserve said they were...
View ArticleHow Jamie Dimon let JPMorgan rack up US$2-billion in losses
JPMorgan Chase & Co. could have spotted trouble at its chief investment office long before traders there racked up at least US$2-billion in losses. One reason it didn’t: Chief Executive Officer...
View ArticleJPMorgan traders behind US$2B loss didn’t understand risks, CEO Dimon says
JPMorgan Chase & Co. chief executive Jamie Dimon said traders in a London unit responsible for a $2-billion loss didn’t understand the risks they were taking and weren’t properly monitored
View ArticleJPMorgan's Dimon says good intent behind bad trades, but can't defend loss
JPMorgan Chase & Co Chief Executive Jamie Dimon told lawmakers that he could not defend how a hedging strategy in a London office morphed into a multibillion-dollar trading loss, but he still took...
View ArticleJPMorgan was honest with shareholders, Dimon testifies
“No, we’re not too big to fail,” Jamie Dimon, JPMorgan CEO testified. “I don’t think there’s any chance we’re going to fail."
View ArticleJPMorgan CIO gets $21.5M exit package even after company posts $2B loss
Ina Drew will receive a generous parting package from JPMorgan after tendering her resignation in response to having overseen London traders responsible for the bank's $2-billion loss
View ArticleJPMorgan's trading loss doubles to $4.4-billion as 'London Whale' leaves bank
America's biggest bank admits traders might have tried to conceal the extent of the losses earlier this year
View ArticleOne question kept coming up at the JPMorgan conference call — and Jamie Dimon...
Not even Jamie Dimon could defend Wall Street from the newest, major doubt about our financial system
View ArticleJPMorgan's Dimon wants to stay at bank for 'many more years', announces...
After announcing a rearrangement in management, JPMorgan Chase Chairman and CEO Jamie Dimon said he wants to stay at the bank for "many, many more years"
View ArticleJPMorgan can't seem to get past London Whale
Jamie Dimon, CEO of JPMorgan Chase & Co, has had to postpone new repurchases of the bank’s stock, and on Wednesday regulators forced his company to reduce its calculation of its capital cushion...
View ArticleJPMorgan's 'London Whale' problem lures hedge-fund sharks
New regulatory filings show that several big hedge-fund players loaded up on JPMorgan even as heavy losses on a soured credit derivative bet made by a trader known as the "London whale" sent the bank's...
View ArticleWarren Buffett says Jamie Dimon best person to lead U.S. Treasury Department
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon would be the best person to lead the U.S. Treasury Department in a financial crisis, billionaire investor Warren Buffett said
View ArticleThe one man who may be less than pleased about Mark Carney's new job
Who could possibly be opposed to Mark Carney's appointment as head of the Bank of England? Try Jamie Dimon, the outspoken honcho at JPMorgan Chase
View ArticleMore than 150 CEOs call on Obama and Boehner to strike fiscal deal
Without a “principled compromise” soon, the chief executives warned in a letter today, the U.S. will suffer “long-lasting, if not permanent” economic damage
View ArticleJPMorgan to cut as many as 19,000 jobs through 2014
JPMorgan will cut 13,000 to 15,000 jobs in its mortgage unit and 3,000 to 4,000 in community banking
View ArticleJPMorgan's Jamie Dimon misled investors, dodged regulator to hide 'monstrous'...
A scathing Senate report shows how managers manipulated risk models and pressured traders to overvalue positions in an effort to hide growing losses from the so-called London Whale debacle
View ArticleRBC chief Gord Nixon's pay tops Dimon as gap with U.S. vanishes
Canadian bank CEO pay is moving closer to U.S. rivals — and in some cases surpassing them — after weathering the financial crisis and posting record earnings in 2012
View ArticleJPMorgan's Dimon set to face shareholder reckoning over dual roles
Jamie Dimon and the 10 other directors of JPMorgan Chase take the stage in Tampa, Fla., on Tuesday, to face shareholders who can take comfort in a rising stock price and a prospering bank. But those...
View ArticleWhat happens if shareholders oust Jamie Dimon from the chair
JPMorgan shares could plummet 10%, erasing $20-billion of market value, according to one estimate, if Wall Street's best known banker keeps his threat and walks
View ArticleJPMorgan shareholders let CEO Jamie Dimon keep chairman job
At the bank’s annual meeting, 32% of shareholders voted for a measure that would have required the bank to split the roles
View Article18 people whose incredible work ethic paid off
What distinguishes the merely talented from the truly great is drive — the willingness to get in earlier, stay later, and do more than everyone around them
View ArticleWarren Buffett says JPMorgan CEO Jamie Dimon will withstand probes that led...
Billionaire investor Warren Buffett said JPMorgan & Co. Chief Executive Officer Jamie Dimon will withstand litigation and legal probes that led his bank to take a US$7.2 billion charge in the third...
View ArticleJPMorgan CEO's pay to increase 74% to $20-million
Jamie Dimon's compensation still isn't quite the $49.9-million it was before the financial market crash -- and the subsequent regulatory and criminal probes of JPMorgan -- but it's moving steadily in...
View Article74% pay increase nothing compared to Jamie Dimon's $34M options award
The board of JPMorgan had decided CEO Jamie Dimon can cash in two million stock options granted in 2008 (now worth more than $35M), bringing his total possible remuneration to just less than $55M.
View ArticleGoldman Sachs CEO Blankfein latest to avoid Wall Street pay crunch; receives...
Wall Street banks have set aside a smaller portion of revenue for employee pay to cut costs amid sluggish revenue but their leaders pay keeps going the other way.
View ArticleThere's something to be said for clarity: Analysts misinterpret Jamie Dimon's...
The comments prompted at least three analysts to attribute the decline in trading revenue to the winter season
View ArticleResignation of Dimon's lieutenant eliminates CEO's most likely successor
Uncertainty about when the CEO job would become available may have contributed to Mike Cavanagh’s decision to take on the role of COO at Carlyle Group LP.
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