NEW YORK — JPMorgan Chase is suspending plans to buy back its own stock, a little over a week after the bank posted a large trading loss. The largest U.S. bank by assets disclosed the $2 billion trading loss on ...

Tagged with: Banks Deutsche Bank dividend Economy jamie dimon JPMorgan Chase regulations stock

Today reminds me of a song by The Carpenters. But, alas, I digress. What follows is this week’s edition of the roundup. — How prosecutors might proceed — if at all — in the JPMorgan case. — Why you should ...

Tagged with: facebook iraq JPMorgan Chase lawyers mark zuckerberg marriage testimony trial

U.S. Treasury Secretary Timothy F. Geithner told a group of Baltimore business leaders Thursday that the nation’s economy remains fragile and dependent on the actions of Congress, now in the throes of a raucous debate over the country’s debt ceiling, ...

Tagged with: Economy foreclosure greece growth home values housing interest rates JPMorgan Chase tax cuts

NEW YORK — Shareholders of JPMorgan Chase & Co. have filed two lawsuits against the nation’s biggest bank, accusing it and its leaders of taking excessive risk and causing a monumental $2 billion trading loss. The company disclosed the loss ...

Tagged with: Banks JPMorgan Chase lawsuit loss new york shareholders stock exchange trading

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 ...

Tagged with: Banking Banks Barack Obama JPMorgan Chase loss regulations rules standards treasury secretary timothy geithner washington

NEW YORK — JPMorgan Chase CEO Jamie Dimon owned up to stock analysts and went on TV to accept blame for a $2 billion trading mistake. Next he faces shareholders, who are considerably less wealthy since the blunder was disclosed. ...

Tagged with: Banks executives federal reserve financial crisis jamie dimon JPMorgan Chase regulation resignation trading volcker rule wall street

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 ...

Tagged with: Banks barclays citigroup countrywide federal reserve jamie dimon JPMorgan Chase regulation securities and exchange commission Stocks wall street

NEW YORK — Bank of America said Thursday that it set aside less money to cover bad loans in the first three months of the year than it has since before the 2008 financial crisis. Because Bank of America serves ...

Tagged with: Bank of America Banks customers debt earnings financial crisis households JPMorgan Chase loans losses Real Estate wells fargo

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 ...

Tagged with: Bankruptcy delaware Federal Deposit Insurance Corp. hedge funds JPMorgan Chase mediation reorganization seattle wamu washington mutual wilmington

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 ...

Tagged with: doug gansler Editorial foreclosure housing JPMorgan Chase market maryland mortgage Settlement