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JPMorgan Chase boosts loss estimate

JPMorgan Chase boosts loss estimate

NEW YORK, July 13 (UPI) -- JPMorgan Chase says losses from a massive trading blunder in the bank's London have reached $5.8 billion and could go as high as $7 billion.
Trusting banks

Trusting banks

With delicious timing and opportunistic understatement, researchers at polling firm Gallup said confidence in banks among U.S. adults had fallen to a new low.
ANTHONY HALL, United Press International
JPMorgan Chase tried to lower risk

JPMorgan Chase tried to lower risk

WASHINGTON, June 19 (UPI) -- The head of JPMorgan Chase Tuesday told a U.S. House panel an effort to limit risk actually led to the bank's massive losses in May.
Tempest in a teapot

Tempest in a teapot

The headline is predictable: "JPMorgan Knew of Risks," and under that, the subhead is familiar: "Concerning $2 billion loss."
ANTHONY HALL, United Press International

JPMorgan debacle points to regulatory incompetence, corruption

COLLEGE PARK, Md., May 31 (UPI) -- U.S. President Barack Obama is shameless to cite JPMorgan Chase's $3 billion trading loss as evidence banks need more regulation.
PETER MORICI, UPI Outside View Commentator
Dimon invited to testify at Senate panel

Dimon invited to testify at Senate panel

WASHINGTON, May 17 (UPI) -- A U.S. Senate panel Thursday invited JPMorgan Chase chief Jamie Dimon to testify about the bank's more than $2 billion investment blunder.
Shareholders file suits against JPMorgan

Shareholders file suits against JPMorgan

NEW YORK, May 16 (UPI) -- JPMorgan Chase shareholders reacted to the bank's recent $2 billion in trading losses by filing lawsuits in New York Wednesday, court papers indicate.
Shareholders approve Dimon's $23 million

Shareholders approve Dimon's $23 million

TAMPA, Fla., May 15 (UPI) -- Shareholders approved a $23 million pay package Tuesday for JPMorgan Chase head Jamie Dimon, who apologized for the bank's $2 billion trading loss.
Brown won't return JPMorgan donors' funds

Brown won't return JPMorgan donors' funds

BOSTON, May 15 (UPI) -- U.S. Sen. Scott Brown, R-Mass., said he won't return $50,000 in contributions from donors with the giant JPMorgan Chase, prompting criticism from Democrats.
Ina Drew retires from JPMorgan

Ina Drew retires from JPMorgan

WASHINGTON, May 14 (UPI) -- U.S. bank JPMorgan Chase said Chief Investment Officer Ina Drew is retiring in the wake of trading bets that lost at least $2 billion.
Marketing a blunder

Marketing a blunder

Multibillion-dollar losses at JPMorgan Chase turned into losses of personnel even as the firm's top executive kept up the apologies.
ANTHONY HALL, United Press International
Dimon: JPMorgan Chase lost $2B

Dimon: JPMorgan Chase lost $2B

NEW YORK, May 10 (UPI) -- JPMorgan Chase Chief Executive Jamie Dimon said Thursday the company has lost an estimated $2 billion due to "egregious" and "self-inflicted" mistakes.
Occupy protesters heckle Wis. governor

Occupy protesters heckle Wis. governor

CHICAGO, Nov. 3 (UPI) -- About 60 people led by anti-Wall Street protesters heckled Republican Wisconsin Gov. Scott Walker during a speech in Chicago Thursday.
Occupy arrests in Boston, Washington

Occupy arrests in Boston, Washington

NEW YORK, Oct. 11 (UPI) -- Police arrested more than 100 protesters Tuesday in Washington and Boston as Republican and Democratic politicians split on support of the Occupy rallies.

U.S. banking innovator dies

COLUMBUS, Ohio, April 5 (UPI) -- John G. McCoy, who transformed a small Ohio bank into one of the country's largest financial institutions, has died at his home in New Albany, Ohio. He was 97.
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Jamie Dimon
Wiki

James "Jamie" Dimon (born March 13, 1956) is the current CEO and chairman of JPMorgan Chase & Co, and previously served as a Class A director of the Board of Directors of the New York Federal Reserve, a three year term which started January 2007. Dimon was named to Time Magazineā€²s 2006, 2008 and 2009 lists of the world's 100 most influential people.

James "Jamie" Dimon was born in New York City, to Theodore and Themis Dimon, of Anatolian Greek descent and attended Browning School.

Later, he majored in psychology and economics at Tufts University, before earning an M.B.A. degree from Harvard Business School along with fellow classmates Jeffrey Immelt and Seth Klarman. Upon his graduation in 1982, Sandy Weill convinced him to turn down offers from Goldman Sachs, where he worked the previous summer, and Morgan Stanley to join him as an assistant at American Express.

This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "Jamie Dimon."
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