Category: Business
ALEX BRUMMER: JP Morgan’s Dimon joins the hall of shame
ALEX BRUMMER: JP Morgan’s Dimon joins the hall of shame Share Imagine if, in the present hostile climate for banks, any other institution but JP Morgan Chase dropped $ 2bn of shareholders’ money because of ‘sloppiness’ and ‘bad judgement’ on their watch. They would be walking the plank before you could yell out ‘Volcker rule’. [...]
JP Morgan facing investigation by regulators over its £1.2bn trading loss which spooked world markets
JP Morgan facing investigation by regulators over its £1.2bn trading loss which spooked world markets Share JP Morgan is facing an investigation by US and UK regulators over its £1.2bn trading loss which spooked world markets. The blue-blooded US investment bank has been told by the Financial Services Authority to hand over details of its [...]
Founder Lord Harris of Peckham calls it a day at Carpetright
Spring 2012 Faculty/Staff Awards 2012 Mays Staff STAR Performer Award – Veronica Sprayberry [Photo: Kalen Doan/Mays Communications] Founder Lord Harris of Peckham calls it a day at Carpetright Share Lord Harris of Peckham has thrown in the towel as chief executive of Carpetright after a 24 year stint following a spate of recent profits warnings. [...]
RUTH SUNDERLAND: Pay masters must toughen up on excess
Spring 2012 Faculty/Staff Awards 2012 Mays Staff STAR Performer Award – Veronica Sprayberry [Photo: Kalen Doan/Mays Communications] RUTH SUNDERLAND: Pay masters must toughen up on excess Share Toppled: Aviva chief Andrew Moss The bloodletting from this year’s season of shareholder revolts is not over and nor should it be. Some big beasts have been toppled, [...]
Facebook issues what amounts to a profit warning a week ahead of its flotation on Wall Street
Spring 2012 Faculty/Staff Awards 2012 Outstanding PhD Teaching Award – Woo Jin Choi [Photo: Kalen Doan/Mays Communications] Facebook issues what amounts to a profit warning a week ahead of its flotation on Wall Street Share Facebook has issued what amounts to a profit warning just a week ahead of its multi-billion dollar flotation on Wall [...]