May 25
The board of JPMorgan Chase & Co. (JPM) is expected to shake up its risk policy committee in the wake of more than $2 billion in trading losses, said people familiar with the matter.
May 25
Bankia SA parent company Banco Financiero y de Ahorros SA said it needs €19 billion in financial support from the Spanish government, in what represents the largest-ever bank bailout in the country's history.
By William F. Keenan | May 25
All would be well advised to confine criticisms and recommendations to mitigating JPMorgan's systemic risk. What remain are decisions that affect stakeholders. The bank's owners have already spoken in favor of their CEO, and rightly so.
By Allan D. Grody | May 25
If we had a legal entity identifier in place computers would have been capable of aggregating the risk exposures building up in JPMorgan's hedged positions and across its many counterparties.
Jeff Horwitz | May 24
A copy of Fannie's March request for proposals shows the GSE wants to cut out banks, buy insurance and administrative services separately, and scrutinize prices in ways insurance regulators haven't.
By Davia B. Temin | May 24
Most of us in the banking community are seeking – after the crash – to rebuild trust, shareholder and client loyalty, businesses and lives. As time goes on and memories fade, we should remember the job is not finished
Alan Kline | May 24
In a Harvard Business Review op-ed, the ex-Citi and B of A executive provides a glimpse of how she'd run a bank if given the chance.
Jackie Stewart | May 24
Bank industry experts this week offered several suggestions for how Jamie Dimon should go about repairing JPMorgan Chase's reputation, after a London trader's bets lost the bank at least $2 billion.
Matthew P. Fink | May 24
Senator Nelson W. Aldrich introduced a plan to create a central regulatory authority over commercial banking, investment banking and the stock market in 1912. Sound familiar?
Barbara A. Rehm | May 23
Everyone in Washington is talking about JPMorgan Chase's botched hedge. Everyone, that is, but the federal regulators who actually know what's going on.
Harry Terris | May 23
If JPMorgan Chase's trading blowup raised worries about booby traps at other financial giants, it might be comforting to know that its securities portfolio is more complex — and perhaps trickier to hedge — than those of rival megabanks.
May 23
Overseeing a bank is trickier than ever. To cope, institutions are seeking devoted directors with specific types of expertise—from coping with regulators to growing revenues.
Jeff Horwitz | May 23
Wells Fargo executives say it keeps its risk low through the bank’s one-size-fits-all approach to problems: greater customer focus.
Jeff Horwitz | May 22
A federal judge dismissed portions of the Securities and Exchange Commission's case against two former executives of imploded bank Indymac on Monday.
