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Tag Archives: volcker rule

JPMorgan CEO Dimon says execs may have pay taken back

WASHINGTON — JPMorgan Chase CEO Jamie Dimon told Congress on Wednesday that senior bank executives responsible for a $2 billion trading loss will probably have some of their pay taken back by the company. “It’s likely that there will be ...

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Chase CEO Dimon plans to apologize before Congress

NEW YORK — JPMorgan Chase CEO Jamie Dimon plans to apologize before members of Congress on Wednesday for a trading loss that has cost the bank more than $2 billion. He is also saying that the bank has taken steps ...

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SEC reviewing JPMorgan’s filings after $2B loss

WASHINGTON — Federal regulators are reviewing what JPMorgan Chase told investors about its finances and the risks it took weeks before suffering a multibillion-dollar trading loss. Mary Schapiro, chairman of the Securities and Exchange Commission, told the Senate Banking Committee ...

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