Friday, October 12, 2012

JP Morgan Chase Sets Profit Record As CEO Complains About Regulation

JP Morgan Chase Sets Profit Record As CEO Complains About Regulation: JP Morgan Chase, the largest American bank, announced record third-quarter profits today of $5.7 billion. Those billions were made even as the bank is still working out the multi-billion dollar “London Whale” trading debacle. But to hear JP Morgan Chase CEO Jamie Dimon tell it, regulations are killing his bank. During an appearance in Washington [...]/p