DealBook: Goldman Makes Money for the Romneys
David Goldman/Associated PressMitt Romney’s campaign stopped in Conway, S.C., earlier this month. After a long, controversial wait, Mitt Romney released details of his federal tax returns on Tuesday,...
View ArticleDealBook: British Regulator Unveils Libor Overhaul
Carl Court/Agence France-Presse — Getty ImagesMartin Wheatley, managing director of Britain’s Financial Services Authority, said London’s reputation as a global center for financial services had been...
View ArticleToday’s Economist: Simon Johnson: Money, Power and the Rule Of Law
Simon Johnson is the Ronald A. Kurtz Professor of Entrepreneurship at the M.I.T. Sloan School of Management and co-author of “White House Burning: The Founding Fathers, Our National Debt, and Why It...
View ArticleDealBook: Cravath Announces Bonuses for Its Associates
It is around this time of year that associates at the country’s largest law firms start wondering about their year-end bonuses. Cravath, Swaine Moore kicked off the season on Monday by announcing...
View ArticleDealBook Column: Hold Your Applause, Please, Until After the Toasts
From left: Reuters; Chip Somodevilla/Getty Images; The New York TimesRobert H. Benmosche of A.I.G., left, Marissa Mayer of Yahoo and Jamie Dimon of JPMorgan Chase. Gentlemen, ladies, please take your...
View ArticleHSBC Will Pay $249 Million to Settle Foreclosure Review Case
HSBC agreed to pay $96 million to eligible borrowers who lost their homes to foreclosure in 2009 and 2010, and provide $153 million in other assistance, including loan modifications and forgiveness....
View ArticleIn Davos, Atmosphere for Bankers Improves
FRANKFURT — Two years ago, Jamie Dimon, chief executive of JPMorgan Chase, told an audience in Davos that people should stop picking on bankers. Mr. Dimon is still waiting for his wish to come true....
View ArticleDealBook: Selling the Home Brand: A Look Inside an Elite JPMorgan Unit
Joshua Lott for The New York TimesJohnny Burris, a former private client adviser at JPMorgan Chase, says he was fired last year because he refused to push investors toward the bank’s in-house financial...
View ArticleDealBook: JPMorgan Campaigns to Keep Dimon in 2 Top Jobs
Jacquelyn Martin/Associated PressJamie Dimon, chief executive and chairman of JPMorgan Chase. JPMorgan Chase is working behind the scenes to avert a major potential embarrassment. In anticipation of a...
View ArticleDealBook: JPMorgan Shows Strength in Quarter
Larry Downing/ReutersJamie Dimon, the chief of JPMorgan Chase, at a Senate panel last year. JPMorgan Chase, the nation’s largest bank, reported a 33 percent rise in first-quarter earnings on Friday,...
View ArticleDealBook: JPMorgan Shareholders Are Denied Access to Results
J. Scott Applewhite/Associated PressJamie Dimon, chairman and chief of JPMorgan Chase. When it comes to shareholder votes, the running tallies are a closely guarded secret. Only a handful of parties...
View ArticleDealBook: In a Shift, Interest Rates Are Rising
Richard Drew/Associated PressA specialist at the New York Stock Exchange. Investors have braced themselves for a new era of higher interest rates. It has been a reliable fact of life for investors,...
View ArticleBank of Israel Chief in ’90s Is Choice to Lead It Again
JERUSALEM — Jacob Frenkel, an inflation hawk who was Bank of Israel governor in the 1990s, will return to the helm of the central bank, Prime Minister Benjamin Netanyahu and Finance Minister Yair Lapid...
View ArticleDealBook: 2 JPMorgan Directors Resign
Carlo Allegri/ReutersDavid M. Cote and Ellen V. Futter, directors of JPMorgan Chase, were criticized for their lack of financial experience. 1:27 p.m. | Updated Two directors at JPMorgan Chase who...
View ArticleSenate Panel Examines Potential Risks in Banks’ Involvement in Commodities
The ability of those bank subsidiaries to gather nonpublic information on commodities stores and shipping also could give the banks an unfair advantage in the markets and cost consumers billions of...
View ArticleU.S. Scrutiny for Commodities Market
The hearing, convened by the Senate Financial Institutions and Consumer Protection subcommittee, came as Goldman Sachs, JPMorgan Chase and others face growing scrutiny over their role in the...
View ArticleUnder Scrutiny, Goldman Offers to Speed Metal Delivery
Under scrutiny for the long waits that have cost manufacturers — and ultimately consumers — many millions of dollars, Goldman said on Wednesday that its warehouse unit, Metro International Trade...
View ArticleHigh & Low Finance: Chrysler’s Owners Are Racing for the Cliff
You call him Chrysler’s chief executive. There has never been a proposed I.P.O. like Chrysler’s. How is it different? First, the preliminary prospectus filed by the company this week has only one...
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