JPMorgan's Dimon says bank is 'under assault' by regulators: "...CEO Jamie Dimon continues to show resentment about how much scrutiny his bank has come under from various government agencies."
Banking giant JPMorgan Chase used to be the golden child of Wall Street.
But the company disappointed investors Wednesday by reporting fourth quarter profits and revenue that was below forecasts -- largely due to increased legal costs.
And CEO Jamie Dimon continues to show resentment about how much scrutiny his bank has come under from various government agencies.
During a conference call with reporters, Dimon said that the bank was "under assault" by regulators. When asked for more details on that, he responded by saying, "You've got to be kidding me."
To be sure, JPMorgan Chase is hardly struggling. The bank reported a $4.9 billion profit in the fourth quarter.
http://money.cnn.com/2015/01/14/investing/jpmorgan-chase-earnings-j...Comment
"Destroying the New World Order"
THANK YOU FOR SUPPORTING THE SITE!
Latest Activity
- Top News
- Everything
First World Order
"Ah ha Truth hidden in plane sight. Notice the map depicted on this 'world order' book…"
Iyah May Karmageddon Lyric Music Video
While ‘Karmageddon’ has sparked significantconversation and controversy, Iyah has stood her ground. She refused to compromise her vision when asked to change...
Steven Wilson - PERSONAL SHOPPER (Official Video)
"The song PERSONAL SHOPPER sits somewhere between being a love-letter to shopping (which I love to do!) and the uneasiness I feel about the more insidious si...
propaganda: DIVIDE & CONQUER (1942) - Warner Bros. vs Hitler
Not to be confused with the much drier Frank Capra film from 1943.A "Broadway Brevity", released August 1, 1942. Vitaphone #1022-1023A.Transferred from 16mm.
Thumbs down - ship gone.
" So this sort of stupidity has occurred before. Norway or NZ - Who did it better? Cast your…"
© 2024 Created by truth.
Powered by
You need to be a member of 12160 Social Network to add comments!
Join 12160 Social Network