London Whale

Type: Keyphrase

Name: London Whale

First reported 15 hours ago - Updated 47 mins ago - 2 reports

JPMorgan's Imperial Chairman Remains

It's a 100% FREE Motley Fool service...Despite serious missteps leading to the London Whale trading scandal, which blew a $6.2 billion hole into JPMorgan Chase's (NYSE: JPM ) balance sheet and earned the scorn of regulators, CEO and Chairman Jamie Dimon's ... [Published Motley Fool Discussion Boards - 47 mins ago]

Entities: JPMorgan Chase & Co, Jamie Dimon, Motley Fool, London Whale

First reported 8 hours ago - Updated 8 hours ago - 1 reports

JPMorgan Shareowners Vote on Corporate Governance and Genocide-Free Investing

A resolution calling for the separation of the positions of board chair and CEO gains the votes of one-third of the bank's shareowners, while support for a genocide-free investing proposal increases. SocialFunds.com -- At the annual general meeting of ... [Published Social Funds - 8 hours ago]

Entities: JPMorgan Chase & Co, Jamie Dimon, Paul Hodgson, PetroChina Co Ltd, Corporate Governance

First reported 10 hours ago - Updated 8 hours ago - 3 reports

JPMorgan Chase & Co

Why JPMorgan Will Always Be a Better Villain Than Apple

Certainly you didn't hear McCain or Levin similarly fawning over the over $6 billion in losing London Whale trades. ... [Published McPherson Sentinel - 9 hours ago]

Entities: JPMorgan Chase & Co, London Whale

First reported May 21 2013 - Updated 10 hours ago - 12 reports

JPMorgan: This Board Game's Not Over Yet

JPMorgan: That's just the way it is?That's just the way it is.Some things'll never change.Shareholder activists must have found a bitter irony in those two lines from the 1986 hit "That's Just the Way It Is" by Bruce Hornsby and the Range, which was played ... [Published Motley Fool Discussion Boards - 10 hours ago]

Entities: JPMorgan Chase & Co, Jamie Dimon, Ellen Futter (American International Group Inc), London Whale, Motley Fool

First reported May 21 2013 - Updated 16 hours ago - 5 reports

Jamie Dimon

Jamie Dimon Escapes JP Morgan Shareholder Revolt as London Whale Losses Forgiven

Dimon retains dual chairman and chief executive role at JP Morgan as effort to unseat him fails in shareholder vote. ... [Published International Business Times Canada - 16 hours ago]

Entities: Jamie Dimon, London Whale, JPMorgan Chase & Co

First reported May 21 2013 - Updated 20 hours ago - 36 reports

Lee Raymond

Jamie Dimon keeps both posts as CEO, chairman of J.P. Morgan Chase

(Xinhua via COMTEX News Network) -- J.P. Morgan Chase & Co.'s Jamie Dimon will keep his dual roles as chief executive officer (CEO) and chairman of the financial firm after a majority of shareholders voted against a proposal to split the two roles.According ... [Published PredictWallStreet - 20 hours ago]

Entities: Jamie Dimon, JPMorgan Chase & Co, Lee Raymond, London Whale

First reported May 21 2013 - Updated 20 hours ago - 3 reports

PetroChina Co Ltd

Scandal and $6.2 billion loss aside, Dimon remains king of JP Morgan

Jamie Dimon not only survived a much-hyped effort to oust him as chairman of J.P. Morgan Chase & Co.; he killed it. The shareholder resolution to split his roles of chief executive and chairman got just 32 percent of the voting shares, and that wasn't ... [Published Des Moines Business Record - May 21 2013]

Entities: Jamie Dimon, JPMorgan Chase & Co, Lee Raymond, PetroChina Co Ltd, London Whale

First reported May 21 2013 - Updated May 21 2013 - 3 reports

JPMorgan: storm blows over

The London Whale scandal, questions over risk oversight and the allegations of misleading regulators and investors did not sway belief in Jamie Dimon ... [Published FT.com - Financials - May 21 2013]

Entities: JPMorgan Chase & Co, London Whale, Jamie Dimon

First reported May 21 2013 - Updated May 21 2013 - 1 reports

Why Jamie Dimon Is Keeping Both of His Jobs

JPMorgan Chase CEO Jamie Dimon testifies before the Senate Banking Committee in 2012 Capitol Hill about how his company lost more than $2 billion on risky trades. JPMorgan Chase shareholders are voting not to clip Jamie Dimon's wings, deciding against ... [Published US News & World Report - May 21 2013]

Entities: Jamie Dimon, London Whale, Jim Angel, JPMorgan Chase & Co, Espen Eckbo

First reported May 21 2013 - Updated May 21 2013 - 5 reports

Jamie Dimon To Remain Chairman, CEO Of JPMorgan

JPMorgan Chase shareholders voted to let Jamie Dimon keep both his chairman and CEO roles Tuesday, The New York Times is reporting.In the wake of the London Whale trading loss, which cost the bank billions of dollars, shareholder groups began calling ... [Published Huffington Post - May 21 2013]

Entities: Jamie Dimon, JPMorgan Chase & Co, London Whale, Enron Corp, BusinessWeek

First reported May 21 2013 - Updated May 21 2013 - 3 reports

JPMorgan Chase Shareholders Vote To Let Jamie Dimon Keep Both Chairman And CEO Roles: NYTimes

JPMorgan Chase shareholders voted to let Jamie Dimon keep both his chairman and CEO roles Tuesday, according to a tweet from CNBC citing the New York Times. In the wake of the London Whale trading loss, which cost the bank billions of dollars, shareholder ... [Published The Huffington Post | Full News Feed - May 21 2013]

Entities: Jamie Dimon, JPMorgan Chase & Co, London Whale

First reported May 21 2013 - Updated May 21 2013 - 2 reports

Now Is Not the Time to Insult Dimon

NEW YORK (TheStreet) -- The media has been making plenty of hay in advance of the nonbinding vote of JPMorgan Chase shareholders on whether or not to split James Dimon's dual roles as CEO and chairman of the board, but voting against Dimon would do nothing ... [Published Daily Breeze - May 21 2013]

Entities: JPMorgan Chase & Co, Troubled Asset Relief Program, London Whale, Bank Holding Company, Mortgages

Quotes

As Yves Smith points out on her award-winning economics blog Naked Capitalism, "the fact that there is no one even remotely plausible in the [can] as successor means Dimon has made himself indispensable (well, until you remember the Clemenceau saying, 'The graveyards are full of indispensable men.')"

JPMorgan's Imperial Chairman Remains [Published Motley Fool Discussion Boards - 47 mins ago]

"Our original target price of $54 was on the conservative side," Mutascio wrote in a note to clients, "representing less than 9.5x our 2014 EPS estimate of $5.80, as we were concerned about the lingering impact the London Whale incident would have on the company's P/E multiple. But, with the market willing to put a P/E multiple of 12.0x on names like [KeyCorp KEY)"

JPMorgan Chase Wins Again [Published TheStreet.com - 4 hours ago]

Ultimately, the Subcommittee concluded that "derivative trading and financial results were misrepresented to investors, regulators, policymakers, and the taxpaying public, who, when banks lose big, may be required to finance multi-billion-dollar Now, if this were an isolated incident, we might be tempted to write it off (so to speak) as an unfortunate mistake. Dimon has taken responsibility for the fiasco, and has promised that he will fix the problems that led to the trading losses. He also said recently of the trading debacle, "Businesses make mistakes, they learn from it and get better." For the most part, we couldn't agree more."

Why you shouldn't invest in JPMorgan [Published MSN Money - 6 hours ago]

"We have never seen something like this before," said Anne Simpson, the director of corporate governance at the $266 billion pension fund CalPERS. "It's more serious than Dimon losing the chairman's vote, because it means people will leave the board."

Jamie Dimon may face a new, tougher board [Published WDSU New Orleans - 8 hours ago]

More Content

sort by: Date \| Relevance
JPMorgan's Imperial Chairman Remains [Published Motley Fool Discussion Boards - 47 mins ago]
Institutional Investors Love Sleazy Bankers [Published Firedoglake - 4 hours ago]
JPMorgan Chase Wins Again [Published TheStreet.com - 4 hours ago]
JP Morgan Chase CEO Dimon defeats coup [Published Daily Caller - 4 hours ago]
Apple’s Tim Cook Turns the Table on Congress Ov... [Published Equities.com - 5 hours ago]
Why you shouldn't invest in JPMorgan [Published MSN Money - 6 hours ago]
Jamie Dimon: The King and His Court [Published Benzinga.com - 7 hours ago]
Shareholder Anger Skips Dimon and Hits JPM’s Board [Published Wall St. Cheat Sheet - 7 hours ago]
Shareholder Anger Skips Dimon and Hits JPM’s Board [Published Wall St. Cheat Sheet - 7 hours ago]
Who Wants to Keep "Too Big to Fail" Alive? Zacks [Published Yahoo! Finance - 7 hours ago]
JPMorgan Shareowners Vote on Corporate Governan... [Published Social Funds - 8 hours ago]
Jamie Dimon may face a new, tougher board [Published WDSU New Orleans - 8 hours ago]
Pyrrhic victory for Dimon is defeat for governance [Published Thomson Reuters - 9 hours ago]
Jamie Dimon: Dr Jekyll Or Mr Hyde? [Published Forbes.com - 9 hours ago]
Why JPMorgan Will Always Be a Better Villain Th... [Published McPherson Sentinel - 9 hours ago]
Why JPMorgan Will Always Be a Better Villain Th... [Published West Hartford News - 9 hours ago]
Why JPMorgan Will Always Be a Better Villain Th... [Published TheStreet.com - 10 hours ago]
JPMorgan: This Board Game's Not Over Yet [Published Motley Fool Discussion Boards - 10 hours ago]
J.P. Morgan Chase boss wins [Published PredictWallStreet - 11 hours ago]
Stock Downgrades: Caesars Entertainment Stabbed... [Published Nasdaq - 11 hours ago]
Jamie Dimon's softer tone wins over JPMorgan sh... [Published Yahoo! UK and Ireland - 11 hours ago]
Deja Vu on the Hill: Wall Street Lobbyists Roll... [Published Common Dreams - 12 hours ago]
JP Morgan chief Dimon survives protest vote [Published Investment Week - 12 hours ago]
Dimon wins approval to remain as chairman and C... [Published Inside Investor Relations - 13 hours ago]
Five UK hyperlocal news websites receive £10k f... [Published Press Gazette - 14 hours ago]
Rosenthal: Jamie Dimon survives a scare [Published Chicago Tribune - 14 hours ago]
Jamie Dimon stays on as both chairman and chief... [Published Bobsguide - 14 hours ago]
Is Jamie Dimon Too Big to Fire? [Published Money Morning - 14 hours ago]
Shareholders Vote on Independent Chair at JPMor... [Published AFSCME - 15 hours ago]
Jamie Dimon Escapes JP Morgan Shareholder Revol... [Published International Business Times Canada - 16 hours ago]

Blogs

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Institutional Investors Love Sleazy Bankers [Published Firedoglake - 4 hours ago] Institutional Investors Defend the Bridge for Jamie Dimon Jamie Dimon easily beat back a non-binding shareholders proposal to split the jobs of Chairman and CEO at JPMorgan Chase, winning 68% of the vote . Institutional investors own over 73% of ...
Shareholder Anger Skips Dimon and Hits JPM’s Board [Published Wall St. Cheat Sheet - 7 hours ago] JPMorgan Chase ( NYSE:JPM ) Chief Executive and Chairman Jamie Dimon is still the most powerful man in the United States banking industry. With threats that the leader, who had led the bank through the financial crisis with not one quarterly loss darkening ...
Shareholder Anger Skips Dimon and Hits JPM’s Board [Published Wall St. Cheat Sheet - 7 hours ago] JPMorgan Chase ( NYSE:JPM ) Chief Executive and Chairman Jamie Dimon is still the most powerful man in the United States banking industry. With threats that the leader, who had led the bank through the financial crisis with not one quarterly ...
Is Jamie Dimon Really Out of the Woods With Sha... [Published naked capitalism - 20 hours ago] There’s a surprising degree of blogosphere acceptance of JP Morgan’s messaging on the shareholder vote today regarding whether to split the CEO and Chairman roles, that this result was a vote of confidence in his prowess as CEO. Yet New York Magazine ...
Terence Corcoran: Big business is the new un-Am... [Published Financial Post \| Opinion » FP Comment - 21 hours ago] With the attacks on JPMorgan’s Jamie Dimon and Apple’s Tim Cook, the U.S. left has settled in on a new definition of un-American activity: big business. A Wall Street Journal story over the weekend reports on a fresh batch of Hollywood movies that take ...

Audio/Video

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JPMorgan Chief In Hot Seat [Published Forbes - YouTube Channel - Apr 11 2013]
U.S. Day Ahead: JPMorgan still in the shadow of... [Published Reuters Video: Top News - Apr 11 2013]
U.S. Day Ahead: JPMorgan still in the shadow of... [Published Reuters Video: Business - Apr 11 2013]
J.P. Morgan in Hot Seat; More Apologies for 'Wh... [Published WSJ.com Video - Business - Apr 11 2013]
Jamie Dimon: London Whale Was a `Kick in the Te... [Published Bloomberg - YouTube - Apr 10 2013]