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JPMorgan and Bonus Pay Information

Citigroup Inc, JPMorgan Chase & Co and Wells Fargo & Co as well as six other banks that received taxpayer bailout funds and who were demanding information on upper management bonus pay received a letter from Andrew Cuomo a New York Attorney.
In the letters the banks received Cuomo requests detailed accounts of what the top [...]

Washington Mutual FDIC seizure: update

WaMu one of the biggest US banks filed for Chapter 11 bankruptcy according to reports in Business Wire, WaMu’s spokesperson said they couldn’t comment

Washington Mutual seized by federal government

Washington Mutual (WaMu) became the next big bank to be bailed out by the federal government on Thursday, WaMu is now considered as the biggest US bank failure

JPMorgan examines strategies and practices of investors

JPMorgan Asset Management has been studying a survey, which examined the investment strategies and practices of some of the nation’s largest institutional investors in the U.S. and they are now sharing their results.
JPMorgan have found that there is no pullback in their