June 19, 2012 in The Daily Republic
WASHINGTON (AP) JPMorgan Chase CEO Jamie Dimon had a much tougher reception Tuesday when he returned to Capitol Hill for a second round of questions over the bank’s $2 billion trading loss. Continue Reading
June 13, 2012 in The Daily Republic
WASHINGTON (AP) JPMorgan Chase CEO Jamie Dimon told Congress on Wednesday that senior bank executives responsible for a $2 billion trading loss will probably have some of their pay taken back by the company.
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June 13, 2012 in The Daily Republic
SIOUX FALLS (AP) Sen. Tim Johnson is questioning why the largest bank in the U.S. failed to have more risk controls in place, leading to more than $2 billion lost on trades. Continue Reading
June 12, 2012 in The Daily Republic
WASHINGTON Senate Banking Committee Chairman Tim Johnson, who has done most of his work away from the spotlight the past five years, won’t escape the glare of the TV lights when he takes the gavel to question JPMorgan Chase Chief Executive Officer Jamie Dimon about $2 billion in trading losses. Continue Reading
May 30, 2012 in The Daily Republic
WASHINGTON Sen. Tim Johnson has scheduled a hearing with JPMorgan Chief Executive Officer Jamie Dimon before the Senate Banking Committee. Johnson, D-S.D., is the chairman of the committee.
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