JP Morgan finally paying cost for unethical behaviour, expert warns

Jamie Dimon, JP Morgan chief executive

A fall of 7.3% in fourth-quarter earnings for JP Morgan shows the significant cost of unethical behaviour, according to an expert in organisational behaviour. On Tuesday the bank reported net earnings of $5.3 billion, or $1.30 per share, in comparison with $5.7 billion, or $1.39 per share, for the same period in 2012. The bank's announcement highlights that its figures show a decrease of $1.1 billion after tax – $0.27 per share – "for legal expense, including announced Madoff settlements".

The a

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: