October 1, 2012 The suit relates to the securities sold by Bear Stearns, which collapsed in 2008 and is now owned by JPMorgan. It's the suit first to be filed under the auspices of the RMBS Working Group, set up by President Obama to investigate and prosecute alleged misconduct that contributed to the financial crisis.
July 13, 2012 Bank CEO Jamie Dimon says "all of our client-driven businesses had solid performance" and that "we have put most of this problem behind us."
July 12, 2012 When the big bank reports second-quarter earnings on Friday, the real news will be how big its trading losses have grown. The answer could have repercussions for the entire banking sector.
July 11, 2012 According to The Wall Street Journal, the bank will indeed seek to recover stocks paid to some of its top executives.
June 28, 2012 "People who have been briefed on the situation," say the losses from bungled trading have more than tripled from the initial estimate, The New York Times reports. The bank isn't commenting for the record.
June 13, 2012 "It's likely that there will be clawbacks," CEO Jamie Dimon told Congress today, invoking a term that those executives certainly didn't want to hear.
June 12, 2012 After interviews with more than a dozen current and former executives at the bank, the newspaper concludes that it was warned about bets that would cost it more than $2 billion. A plan to roll them back wasn't properly implemented, the Journal says.
May 17, 2012 The losses from ill-fated bets made by the bank's London office have been expected to mount. But they're rising even faster than some predicted. Still, JPMorgan's profits from other operations will likely offset the billion dollar blunders.
May 14, 2012 A new rule is supposed to ban banks from making speculative bets. But JPMorgan's $2 billion trading loss illustrates the challenge of putting the rule into effect.
May 14, 2012 People familiar with the situation tell The Wall Street Journal that the bank's losses from a risky trading scheme will continue to mount in coming quarters. They also say, Bloomberg News reports, that JPMorgan may close the office responsible.
April 19, 2010 Bank of America, JPMorgan Chase, and Citigroup all turned a profit in the first three months of the year. The key to their success: Wall Street-style banking and trading.
April 14, 2010 The first-quarter profits at JP Morgan Chase, the second biggest bank in America, make it look like a big Wall Street investment bank that happens to have a gigantic retail banking operation attached to it.