WASHINGTON (Reuters) – U.S. banking reforms could not have prevented JPMorgan Chase & Co’s trading losses, and persons involved in the activities that went awry should be held accountable, U.S. House of... 

Chaos in Greek politics and Spanish banking combined this week to underscore just how fragile Europe’s economy ruins after an eviscerating austerity regime that has spawned unemployment, desperation and misery.  Read More →

NEW YORK (Reuters) – JPMorgan Chase & Co , under scrutiny for its ties to collapsed commodities firm MF Global, will return $168 million to the estate of MF’s broker-dealer, the estate’s trustee announced on Friday. James Giddens, tasked with... 

(Reuters) – Wall Street banks will report sharp declines in trading and investment banking revenues in the following quarter since of weaker client activity, JPMorgan analyst Kian Abouhossein said in a report on Friday. Fixed income, currency and... 

WASHINGTON (Reuters) – JPMorgan Chase & Co Chief Executive Jamie Dimon has agreed to testify before to Congress over the bank’s recent trading losses, which have ignited a political debate over whether large U.S.  Read More →