By Reuters UK
JPMorgan Chase & Co's shock trading loss of at least $2 billion (1.24 billion pounds) from a failed hedging strategy knocked shares of the largest U.S. bank by assets down over 9 percent on Friday, along with the reputation of Chief Executive Jamie Dimon. (May 11)
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FEDERAL RESERVE, CITIGROUP, BANK OF AMERICA, DEUTSCHE BANK, JPMORGAN CHASE, FLORIDA
By IBTimes
JPMorgan Chase & Co. (NYSE:JPM), the largest and most profitable U.S. bank, will launch a reloadable prepaid card in its 5,541 branches this summer, aiming to attract new customers and recoup fees it has lost under recent regulatory changes. (May 09)
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BANK OF AMERICA, JPMORGAN CHASE, U.S. BANCORP, NYSE, NEW YORK, AMERICAN EXPRESS
By Reuters
China's premier called the country's big banks a monopoly that needed to be broken to get money flowing to cash-starved private firms, as the nation's economy appears to have skidded to its slowest growth in three years. (Apr 04)
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CHINA, CHINA CONSTRUCTION BANK, GDP, INVESTMENT
By Reuters
The United States is far behind on reforming the country's housing finance system, where the government's mortgage buyers Fannie Mae and Freddie Mac provide funding for the bulk of U.S. home loans, Treasury Secretary Timothy Geithner said on Wednesday. (Apr 04)
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FREDDIE MAC, FANNIE MAE, TIMOTHY GEITHNER, MORTGAGE
By Reuters
Treasury Secretary Timothy Geithner said on Wednesday that the United States was far behind on reforming the country's housing finance system where the government's mortgage buyers Fannie Mae and Freddie Mac provide funding for the bulk of U.S. home loans. (Apr 04)
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FREDDIE MAC, FANNIE MAE, TIMOTHY GEITHNER, MORTGAGE
By Reuters UK
China's premier called the country's big banks a monopoly that needed to be broken to get money flowing to cash-starved private firms, as the nation's economy appears to have skidded to its slowest growth in three years. (Apr 03)
MORE TOPICS:
CHINA, CHINA CONSTRUCTION BANK, GDP, INVESTMENT