Banks say lack of guidance on resolution plans means SRF may not halt liquidity hoarding behaviour
Lobbyists and Quarles train sights on horizontal exams that can shape bank risk appetite
High-profile critics of op risk capital rules are misguided, say Ariane Chapelle and Evan Sekeris
JP Morgan’s Jamie Dimon and ex-StanChart CEO Peter Sands are no fans of the RWA approach
A lack of confidence is hobbling bank stocks – and the implications go beyond valuations
JP Morgan's fourth-quarter loss highlights reputational impact of scandals
It’s the untold story of JP Morgan’s credit trading losses – how traders were able to reduce risk-weighted assets while loading up on risk, and the part played by Basel 2.5. Michael Watt reports
A committed committee?
JP Morgan’s recent $2 billion trading loss could toughen a trio of Dodd-Frank Act rules, potentially hurting energy markets, the International Energy Agency says
Speaking to Risk after JP Morgan boss testifies on $2 billion loss, US Senate banking committee member Kay Hagan says risk modelling and reporting need overhaul
Loss-making unit's RWAs would have tripled under Basel III, JP Morgan chief executive says - but attempting to cut capital burden made its hedges more complex
JP Morgan veteran Ina Drew quits after $2bn trading loss
JP Morgan provides regulators a timely example of just how much their new rules are needed
A stricter approach to the modelling of bank capital is "high likely", as a result of concerns that risk-weighted asset numbers are too divergent
CEO Jamie Dimon reassigns responsibilities across company
“It’s good to have hard deadlines”
Daily news headlines
Today, JP Morgan reported that it earned $2.14 billion in the first quarter of 2009, a decline from the corresponding period last year when it saw a net income of $2.4 billion.
JP Morgan cut its quarterly dividend from 38c to 5c a share yesterday, in a bid to build up $5 billion in additional capital reserves.
JP Morgan remained in the black in the fourth quarter of 2008, but its profits dropped sharply to $702 million after significant losses on leveraged loan and mortgage exposure.
Risk Awards 2008
Recently, many have come forward to ask me what is going on within JP Morgan Chase's risk management division. Over the past year, a number of people have left the operational risk team, both at the corporate and business unit levels. Risk executives in…