Traditional Banking Boosts JPM's Profits, But Costs Rise from Whale and Other Gaffes.

Autor:	Peters, Andy
Předmět:	CONFERENCE calls (Telephone) CORPORATE finance CORPORATE profits
Zdroj:	American Banker; 1/17/2013, Vol. 178 Issue 10, p8-8, 1p
Abstrakt:	The article focuses on the financial performance of JPMorgan Chase which reported a fourth-quarter 2012 profit of $5.9 billion and changes at the bank since the London Whale securities scandal in its Chief Investment Office (CIO). The article notes chief executive officer Jamie Dimon's conference calls with analysts Richard X. Bove and Mike Mayo. It also notes a reduction in Dimon's compensation and U.S. enforcement orders concerning the bank's trading and anti-money-laundering practices.
Databáze:	Complementary Index
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