Tagged: loss

JP Morgan’s $2 Billion Loss Raising More Questions – Better Regulation Needed

JP Morgan’s $2 Billion Loss Raising More Questions – Better Regulation Needed

JP Morgan’s news about a multi-billion dollar loss has crushed the banking industries revitalization and brought up more questions and the need for regulation. Jamie Dimon revealed a $2 Billion loss in JP Morgan’s Chief Investment Office. Obviously the bank got caught in the highly speculative segment of “synthetic” assets....

JPMorgan Loses $2 Billion in Chief Investment Office – Bloomberg

JPMorgan Loses $2 Billion in Chief Investment Office – Bloomberg

JPMorgan Chase & Co. (JPM) Chief Executive Officer Jamie Dimon said the firm lost about $2 billion on synthetic credit securities after an “egregious’” failure in its chief investment office, which the bank says focuses on hedging. “This portfolio has proven to be riskier, more volatile and less effective as...

Do Soccer Clubs Need Shrinks To Protect Their Assets?

Do Soccer Clubs Need Shrinks To Protect Their Assets?

The Barclay’s English Premier League is in its last rounds before the champion of the 2011/2012 season is found. Naturally, the fight for glory or to avoid relegation is fierce, and takes everything that the players, managers and clubs have to offer. Very often the fight on the pitch is...

Banks and their efforts to do nothing for their Image and Brand.

Banks and their efforts to do nothing for their Image and Brand.

I am following the news on a daily basis. Business, Politics, Marketing, Social Media, PR, Soccer and a few other topics are on the table every day. You might think this is a lot to cover, I am lucky, it is my job, it is my hobby and it is...

%d bloggers like this: