Posts Tagged “jp morgan chase”
Will JP Morgan’s “Whale” of a Loss Be a Killer For Other Banks?
by Wall Street Job Report on May 16, 2012
A Congressional committee announced plans on Monday to hold yet another hearing on the Volcker rule.
Wall Street Week in Review 5/11/2012: JP Morgan Chase hit with $2billion loss, Goldman Unwinds Hedge Fund Bets ahead of Volcker Rule
by Kyle Colona on May 11, 2012
JPMorgan Reports $2Billion Loss JP Morgan reported after the trading day yesterday a $2 billion loss in its Chief Investment Office. CEO Jamie Dimon attributed this whopper to hedges of “synthetic credit securities.” Perhaps the bank should have stuck with (…)
UBS Hires J.P. Morgan Real Estate Banker
by Wall Street Job Report on May 11, 2012
UBS has hired a new top banker in its real-estate, leisure and lodging investment banking unit, according to an internal memo.
Achilles’ Heel for JPMorgan? CIO Said to Increase Proprietary Trading Risk
by Jon Lewin on April 16, 2012
JPMorgan’s CIO no longer emphasizes protecting the bank from risk. Instead, Achilles Macris has transformed the CIO into a unit with greater trading risk.
JPMorgan Investment Bank Pay Pool Falls to $112,849 Per Person
by Wall Street Job Report on April 16, 2012
JPMorgan Chase & Co.’s investment bank set aside $2.9 billion for employee compensation in the first quarter, 12 percent less than a year earlier, as revenue slipped 11 percent.
