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| | | ... because the prices have come back a bit. "Last week was pretty awful. We're starting to get a little bit of a bounce back." JPMorgan's stunning $US2 billion ($A1.99 billion) derivatives loss pummelled US stocks, with the bank's 9.3 per cent fall pulling ... |
| | | | Three JPMorgan Chase executives will resign this week following a US$2bn trading loss of synthetic credit securities, according to reports out of New York. The Wall Street Journal has named Ina Drew, chief investment officer and head of the risk-management ... |
| | | | ... speech in Melbourne. In company news, DuluxGroup and Incitec Pivot will release first half financial results. NEW YORK - JPMorgan's stunning $US2 billion ($A1.99 billion) derivatives loss pummelled US stocks, the bank's 9.3 per cent fall pulling other ... |
| | | | ... YORK - US stocks took off on Tuesday with the Dow zooming past the 13,000 mark driven by soaring bank shares, sparked by JPMorgan Chase's announcement of a huge share buyback and dividend hike. After a sharp surge higher in the final hour the Dow Jones ... |
| | | | ... about Europe's progress toward solving its crisis. Citigroup Inc. rose 3.7 per cent, Morgan Stanley 3.1 per cent and JPMorgan Chase & Co. 3 per cent. Banks have been weighed down for months by fears about their exposure to Europe. The biggest European ... |
| | | | ... Banks continued to profit from hopes that Europe is getting a grip on the crisis. Bank of America added two per cent, JPMorgan Chase jumped 6.1 per cent, Citigroup was up 4.4 per cent and Morgan Stanley soared seven per cent. In the tech space, Zynga ... |
| | | | ... week when the agency house downgraded the ratings of 37 major US banks, including Goldman Sachs, Wells Fargo, Citigroup, JPMorgan Chase, Morgan Stanley and Bank of America, by one notch. Meanwhile, Macquarie Group had its long-term rating downgraded ... |
| | | | Standard & Poor's has downgraded the ratings of major US banks, including Goldman Sachs, Wells Fargo, Citigroup, JPMorgan Chase, Morgan Stanley and Bank of America, by one notch. The ratings agency said it reviewed its ratings on 37 of the world's largest ... |
| | | | ... shares had been suspended early Monday in anticipation of the bankruptcy filing. But attention immediately turned to JPMorgan Chase and subsidiaries of Deutsche Bank, after MF's bankruptcy filing showed those firms to be its two biggest creditors. JPMorgan ... |
| | | | ... 3.59 (0.30 per cent) to 1,203.66, while the tech-heavy Nasdaq Composite gained 15.51 points (0.60 per cent) to 2,620.24. JPMorgan Chase lost 4.7 per cent despite reporting better-than-expected third-quarter figures, with profits falling only slightly ... |
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