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JPMorgan not triggering major regulatory rethink
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May 31, 2012
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<p><a href="http://news.yahoo.com/jpmorgan-not-triggering-major-regulatory-rethink-222817998--sector.html"><img src="http://l1.yimg.com/bt/api/res/1.2/8ykPzKJxDUQdtcvgjrylhA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-05-31T230302Z_1_CBRE84U1S1400_RTROPTP_2_JPMORGAN-EMPLOYEE-LAWSUIT.JPG" width="130" height="86" alt="People exit the lobby of JPMorgan Chase & Co. headquarters in New York" align="left" title="People exit the lobby of JPMorgan Chase & Co. headquarters in New York" border="0" /></a>NEW YORK (Reuters) - Bank regulators are holding daily, high-level calls to try to understand how a seemingly low-risk unit at JPMorgan was able to amass a $2 billion trading loss, but there are no immediate plans to revamp how the nation's largest banks are supervised, according to a source familiar with the matter. Regulators have come under scrutiny for not raising red flags earlier about the massive hedging strategy that went awry, despite having more than 100 examiners embedded at JPMorgan Chase & Co. ...</p><br clear="all"/>
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