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JPMorgan Chase Injects Additional CNY2.5 Billion Into China Banking Unit

Nasdaq - Sun May 27, 10:25 pm ET

JPMorgan Chase Injects Additional CNY2.5 Billion Into China Banking Unit

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Barney Frank: JPMorgan Chase Fiasco Reaffirms Argument For Wall Street Reform
The Huffington Post - Sun May 27, 1:51 pm ET
Rep. Barney Frank (D-Mass.) says that JPMorgan Chase's $2 billion loss earlier this month reaffirms the argument for regulating Wall Street. In an interview with the Daily Beast published online on Saturday, Frank signaled his belief that if the banking fiasco occurred five years ago, there "would have been a lot more panic and nervousness in the economy."
JPMorgan Chase's risk panel lacks expertise
San Francisco Chronicle - Sun May 27, 3:40 am ET
The three directors who oversee risk at JPMorgan Chase include a museum head who sat on American International Group's governance committee in 2008, the grandson of a billionaire and the chief executive officer of a...
JPMorgan Injects $394 Million in China Unit on Faster Growth
Bloomberg - 1 hour 54 minutes ago
JPMorgan Chase & Co. (JPM) , the biggest U.S. bank , increased the capital of its China unit by 2.5 billion yuan ($394 million) to meet rising demand for financial services in the world’s fastest-growing major economy.
JPMorgan injects $400 mln into China unit, eyes expansion
Reuters via Yahoo! Finance - 2 hours 17 minutes ago
SHANGHAI, May 28 (Reuters) - JPMorgan Chase & Co hasinjected 2.5 billion yuan ($394.08 million) into its China unit,the latest foreign bank to beef up its Chinese operations. Foreign banks, including HSBC ...
JPMorgan Injects Additional CNY2.5 Billion Into China Banking Unit
FOX Business - 2 hours 51 minutes ago
JPMorgan Chase & Co. (JPM) said Monday it has injected an additional CNY2.5 billion ($395 million) into its China banking subsidiary, making it the latest foreign bank to boost its presence in the world's second-largest economy.
JPMorgan injects $400 million into China unit, eyes expansion
International Business Times - 1 hour 54 minutes ago
JPMorgan Chase & Co has injected 2.5 billion yuan ($394.08 million) into its China unit, the latest foreign bank to beef up its Chinese operations.
JPMorgan replaces prime brokerage head: source
Hartford Courant - Sun May 27, 7:01 pm ET
LONDON (Reuters) - JPMorgan Chase & Co has named Teresa Heitsenrether as the new head of its global prime brokerage business, a source familiar with the situation said.
Wall Street Titans Outearned by Media Czars
Bloomberg - Sun May 27, 7:20 pm ET
Think Wall Street is the land of plenty when it comes to compensation? Think again. If 2011 pay to top executives is a window into the Wall Street compensation machine, then compared with other industries -- the entertainment media, for instance -- the bloom is definitely off the rose.
U.S. Needs a National Safety Board for Financial Crashes
Bloomberg - Sun May 27, 7:20 pm ET
There are growing concerns that the regulatory bodies overseeing the financial sector are incapable of understanding, preventing or even properly investigating excessive risk taking that threatens to ruin the economy.
JPMorgan replaces prime brokerage head - source
Reuters.co.uk - Sun May 27, 7:07 pm ET
LONDON (Reuters) - JPMorgan Chase & Co has named Teresa Heitsenrether as the new head of its global prime brokerage business, a source familiar with the situation said. Related Stories China's energy investment push only for the brave JPMorgan injects $400 million into China unit, eyes expansion Analysis: BOJ gets cold feet after Valentine surprise Renesas braces for costly restructuring, shares ...
JPMorgan replaces prime brokerage head - source
Reuters.co.uk - Sun May 27, 7:03 pm ET
LONDON (Reuters) - JPMorgan Chase & Co has named Teresa Heitsenrether as the new head of its global prime brokerage business, a source familiar with the situation said. Related Stories Spain may recapitalise Bankia - source Egypt election body weighs complaints Another ousted China party chief challenges case against him U.N. Security Council condemns Syria over massacre Analysis: With or ...
How Boaz Weinstein and Hedge Funds Outsmarted JPMorgan
New York Times - Sat May 26, 5:14 pm ET
JPMorgan Chase lost big because of outsize trades, but not before Boaz Weinstein, a hedge fund manager, seized a rich opportunity, winning in a high-risk game of nerves.
JPMorgan replaces prime brokerage head: Reports
The Economic Times - Sun May 27, 7:58 pm ET
JPMorgan Chase & Co has named Teresa Heitsenrether as the new head of its global prime brokerage business, reports said.
US bank earnings hit five-year high in Q1
Business Spectator - Sun May 27, 10:25 pm ET
Number of troubled banks fall for fourth straight quarter. 28 May 2012 12:18 PM
RBS Launches Process To Replace Hoare Govett As Corporate Broker-Report
FOX Business - Sun May 27, 11:40 am ET
Royal Bank of Scotland PLC (RBS.LN) has launched a process to replace its corporate broker Hoare Govett, which it sold off several months ago, The Independent on Sunday reports without citing sources.