JPMorgan Chief Executive Officer Jamie Dimon is one of three bankers sitting on the board of the New York Fed, as required by law. While directors play no part in bank supervision, Elizabeth Warren, a Democrat running for US Senate from Massachusetts,
Ina Drew -- the JP Morgan executive who famously loves crises -- is out; it seems the buck for the $2 billion trading loss in her unit has stopped with her.
At the annual JPMorgan Chase shareholders meeting on Tuesday morning in Tampa, Fla., CEO Jamie Dimon offered what amounted to a spirited defense of the bank's efforts to lobby against stiffer financial regulation.
At the annual JPMorgan Chase shareholders meeting on Tuesday morning in Tampa, Fla., CEO Jamie Dimon offered what amounted to a spirited defense of the bank's efforts to lobby against stiffer financial regulation.
NEW YORK (AP) — 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