Bloomberg notes in an article that Jamie Dimon will seek to restore investor confidence this week after a trading loss wiped out $39 billion of JPMorgan Chase’s market value and marred his reputation as one of the industry’s best risk managers. read more

JUL 11, 2012 - 7:35 am

A survey completed by the Association for Financial Professionals showed that 46% of respondents said they expect to decrease their cash holdings and will do so primarily because of a decision to increase capital expenditures. read more

JUL 10, 2012 - 10:00 am

Bloomberg reported that the scandal surrounding the LIBOR rate is threatening to undermine confidence in syndicated loans and hasten companies' flight to bonds. read more

JUL 10, 2012 - 7:20 am

Shares of major banks fell as concerns regarding the LIBOR scandal spread. Bank of America, Citigroup and JPMorgan are among the banks currently being investigated by regulators from the U.S. and U.K. read more

JUL 9, 2012 - 7:35 am

The Monitor 100, the annual ranking of the top 100 equipment finance and leasing companies in the U.S., has arrived. We're pleased to report that 2011 was a watershed year for the industry. read more

JUL 9, 2012 - 7:30 am

First Corporate Solutions said it has released Rhode Island (UCC) and Mississippi (UCC, Federal Tax Lien and Farm Lien) data and image library to its web-based UCC search system. read more

JUL 6, 2012 - 7:00 am

Bloomberg reported that Andrew Feldstein, who bet against JPMorgan Chase before helping the bank unwind more than $20 billion of trades, has emerged as one of the biggest winners among hedge managers profiting from a flawed strategy. read more

JUL 3, 2012 - 7:30 am

The Wall Street Journal said that Bank of America’s ill-fated decision to acquire Countrywide Financial has already cost the lender more than $40 billion. Once touted as a $2.5 billion bargain, the transaction is now being portrayed as “the worst deal in the history of American finance.” read more

JUL 2, 2012 - 7:10 am

Bloomberg reported that JPMorgan Chase's decision to let chief investment officer Ina Drew retire four days after the bank disclosed a $2 billion loss in division allowed her to walk away with about $21.5 million in stock and options. read more

JUN 29, 2012 - 7:35 am

The New York Times reported that losses on JPMorgan Chase's bungled trade could total as much as $9 billion, far exceeding earlier public estimates. read more

JUN 28, 2012 - 7:35 am

Bloomberg reported that the biggest U.S. banks are extending less credit amid a faltering economic recovery as regional lenders step in to fill the gap. read more

JUN 26, 2012 - 7:25 am

The Fed announced that it will extend its securities maturity extension program through the end of 2012 and hold the federal funds rate steady at least through late 2014. read more

JUN 20, 2012 - 3:30 pm

Bloomberg reported at a hearing before the House Financial Services Committee, SEC chairman Mary Schapiro said the agency has a "wide panoply" of penalties at its disposal to pursue sanctions against JPMorgan if investigators find the bank violated disclosure or other rules. read more

JUN 20, 2012 - 7:30 am

Bloomberg is reporting that Congress’s inquiry into JPMorgan Chase’s $2 billion trading loss has reignited the question of whether a bank can grow too large and complex for its own executives to oversee. read more

JUN 19, 2012 - 7:35 am

The New York Fed said it has fully recouped more than $70 billion in loans it made to support the 2008 bailouts of Bear Stearns and American International Group. read more

JUN 15, 2012 - 7:35 am