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Tag Archives: JPMorgan Chase

How will JPMorgan’s $2B loss affect banking rules?

WASHINGTON — The $2 billion trading loss at JPMorgan Chase has renewed calls for stricter oversight of Wall Street banks. Two years after Congress passed an overhaul of financial rules, many of those changes have yet to be finalized. JPMorgan’s ...

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JPMorgan loss sets off call for heavier regulation

WASHINGTON — A surprise $2 billion trading loss by a division of JPMorgan Chase triggered calls Friday for tougher regulation of banks three years after their near-death experience in the financial crisis. Stock in the bank, the largest in the ...

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Judge approves WaMu bankruptcy plan

WILMINGTON, Del. — After a long and contentious legal battle and more than three years in bankruptcy, Washington Mutual Inc. on Friday finally won court approval of a reorganization plan. “It took three and a half years, but I think ...

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Editorial: Moving forward on foreclosure

Attorney General Douglas F. Gansler took the right step by joining 48 other states in accepting the $26 billion out-of-court settlement with five of the nation’s largest mortgage lenders regarding some of the dubious foreclosure methods they employed during the ...

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