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Friday Papers: EU orders companies to break down taxes

...that borrowers will struggle to repay, according to an internal estimate by the Bank of Spain. The Daily Telegraph: JP Morgan Chase, the US bank, has been fined £3 million by Britain's Financial Conduct Authority for failings at its wealth management unit....

Behind the Candelabra and Inside the Homes of Liberace

...original splendor. Liberace bought this Las Vegas estate in the 1960s, and owned it until his death in 1987. Unfortunately JP Morgan Chase owns it now; it went into foreclosure in 2010 and hasn’t been sold since. According to Inside Edition, “the walls are...

Goldman Adopts Stricter Standards

...offices in downtown Salt Lake City, lacked much of the drama that unfolded earlier this week in Tampa, Fla., where rival J.P. Morgan Chase & Co. held its annual meeting. While J.P. Morgan lobbied shareholders to defeat a proposal to split the chairman and...

Visa Taps J.P. Morgan Executive

...Robin Sidel And Andrew R. Johnson Visa Inc. tapped a top retail-banking executive from J.P. Morgan Chase & Co. to be its new president, joining another one of the bank's former executives who now runs the giant payments network. Ryan McInerney, 37 years old,...

More Retailers Challenge Card-Fee Settlement

...as swipe fees, are set by Visa and MasterCard but collected by card-issuing banks such as Bank of America Corp. and J.P. Morgan Chase & Co. each time a customer pays with a card. The lawsuit, filed in U.S. District Court in Manhattan, says Visa and MasterCard...

J.P. Morgan's McInerney Departs for Visa

...the bank's over 5,600 retail branches and 75,000 employees from New York to California. Like Mr. Sommers, he sat on J.P. Morgan Chase's executive committee. Gordon Smith, the head of J.P. Morgan's consumer and community banking division, told employees in...

JP Morgan Chase receives £3m fine for poor records

...for investor protection from the now-defunct Financial Services Authority this spring, said the failings at JP Morgan Chase continued for more than two years. The regulator said it exposed customers to the risk that they would be given the wrong advice and...

Ball Corp. Ends Senior Notes Offering - Analyst Blog

...Securities, LLC – a unit of Wells Fargo & Company ( WFC - Analyst Report ) and J.P. Morgan Securities LLC – a wing of JPMorgan Chase & Co. ( JPM - Analyst Report ) , were among the joint book-running managers of the offering. Ball Corp. recorded long-term...

ISS Employee Leaked Proxy Votes, SEC Says

...this matter closed." ISS has been involved in a high-profile governance matter that just concluded this week when J.P. Morgan Chase & Co. (JPM) shareholders defeated by a wide margin a proposal to split the roles of chairman and chief executive at the bank....

Financial Stocks: Citi leads financial stocks lower

...Dow Jones Industrial Average (DJI:DJIA) . It has since cut the loss by half. Morgan Stanley (NYSE:MS) was down 2% and J.P. Morgan Chase & Co. (NYSE:JPM) was last down 1%. J.P. Morgan Chase & Co. is likely to double its staff by the end of the year to focus...

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J.P. Morgan Voters Appear to Favor Dimon Split Role

Shareholder support for a resolution that would recommend splitting the CEO and chairman jobs held by J.P. Morgan Chase & Co. James Dimon is running slightly ahead of the 40% it received last year. Andrew Dowell has details.

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President and CEO of JPMorgan Chase Co. Jamie Dimon testifies before a Senate Banking Committee hearing on Capitol Hill June 13, 2012 in Washington, DC. The committee is hearing testimony from Mr. Dimon on how JP Morgan Chase lost over two billion dollars in stock market trades. - Published on 2013-05-13 11:11:00 by New York Magazine

President and CEO of JPMorgan Chase Co. Jamie Dimon testifies before a Senate Banking Committee hearing on Capitol Hill June 13, 2012 in Washington, DC. The committee is hearing testimony from Mr. Dimon on how JP Morgan Chase lost over two billion dollars in stock market trades.

Published by New York Magazine on 2013-05-13 11:11:00

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Quotes

I was the most incentivized person in the organization to make sure this was done right...

in Goldman Adopts Stricter Standards
Wall Street Journal - 2013-05-24 00:18:00

We are approaching this entire effort with the same level of rigor and discipline we bring to everything we do, from major mergers to large-scale re-engineering programs...

in J.P. Morgan Redeploys Staff
Wall Street Journal - 2013-05-23 07:01:00

Monetary policy is providing significant benefits...

in Financial Stocks: J.P. Morgan leads financial stocks higher
MarketWatch - 2013-05-22 14:38:00

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