JPMorgan Chase


US banking fantasyland, where a debt is an asset

No wonder US banks are on the nose and the Occupy Wall Street groups are slowly making headway in winning over public opinion.

JPMorgan knew about insider trading eight years ago

Internal documents from JPMorgan Chase reveal the company knew about insider trading allegations against Galleon hedge fund founder Raj Rajaratnam and his associates as far back as 2001.

The new Wall St world order

Two companies have risen from the ashes of Wall St to tower over the former financial titans who used to rule the strip: JPMorgan and Goldman Sachs are surging ahead of others on the Street.

The Goldman exception that proves the rule

It’s now clear the big profits reported by Goldman Sachs and JPMorgan last week were not indicative of the health of the American economy.

Bank profits appear out of thin air

Goldman Sachs et al all tried to wow their audiences with what appeared to be — presto! — better-than-expected numbers. No-one was buying it.

The global cost of the subprime crisis continues to rise

The cost of the subprime crisis continues to mount around the world, not just on Wall Street. To date, the total cost stands at around $US50 billion and rising, writes Glenn Dyer.