JPMorgan’s $2B US trading loss prompts downgrade
Fitch Ratings downgraded the credit rating of JP Morgan Chase by one level late Friday, a day after the biggest U.S. bank revealed a $ 2 billion U.S. trading loss.…
Sensational and Sensationalized – Barron’s
Telegraph.co.uk Sensational and SensationalizedBarron’sBy MICHAEL SANTOLI | MORE ARTICLES BY AUTHOR The fallout from JPMorgan's $ 2 billion trading loss will hurt the bank, its stock and the chances that…
Standard & Poor’s revises JPMorgan outlook to negative – Reuters
Telegraph.co.uk Standard & Poor's revises JPMorgan outlook to negativeReuters| NEW YORK May 11 (Reuters) – Standard & Poor's Ratings Services on Friday revised its outlook on JPMorgan Chase & Co.…
Harper encouraged by jobs boost
Prime Minister Stephen Harper says job growth over the past two months shows that his government’s economic stewardship is working. CBC | Business News…
Fed Officials Seek More Information on JPMorgan Trade – Bloomberg
Bloomberg Fed Officials Seek More Information on JPMorgan TradeBloombergFederal Reserve officials are gathering more information about the trading position that led to a $ 2 billion loss at JPMorgan Chase…
JPMorgan Chase acknowledges $2B trading loss
JPMorgan Chase, the largest bank in the United States, says that it lost $ 2 billion in the past six weeks in a trading portfolio designed to hedge against risks…
GLOBAL MARKETS: European Stocks Seen Down; JP Morgan’s $2B Loss Weighs – Wall Street Journal
New York Times GLOBAL MARKETS: European Stocks Seen Down; JP Morgan's $ 2B Loss WeighsWall Street JournalBy Ishaq Siddiqi Of DOW JONES NEWSWIRES LONDON (Dow Jones)–European stock markets are expected…
JPMorgan Chase acknowledges $2 billion trading loss – USA TODAY
NEWS.com.au JPMorgan Chase acknowledges $ 2 billion trading lossUSA TODAYBy Daniel Wagner, AP JPMorgan Chase, the largest bank in the United States, said Thursday that it lost $ 2 billion…
U.S. posts 1st monthly surplus in 4 years
The United States government took in more money than it spent in April, the first time that’s happened since the financial crisis that began in 2008. CBC | Business News…
Euro’s Resilience Has Its Limits – Wall Street Journal
Sydney Morning Herald Euro's Resilience Has Its LimitsWall Street JournalBy WILLIAM KEMBLE-DIAZ The demise of the euro isn't being widely forecast just yet, but the convulsions rocking the Continent this…
