ADVFN - Advanced Financial Network.
HOME» NYSE » J » JPM Stock Price » JPM Stock News

Jp Morgan Chase Share News

 Jpmorgan Chase & Co. Stock Price
JPM Stock Price
 Jpmorgan Chase & Co. Stock Chart
JPM Stock Chart
 Jpmorgan Chase & Co. Stock News
JPM Stock News
 Jpmorgan Chase & Co. Company Information
JPM Company Information
 Jpmorgan Chase & Co. Stock Trades
JPM Stock Trades

Dimon Tells Senate Clawbacks of Executive Pay Are 'Likely'

By Alan Zibel WASHINGTON--The chief executive of J.P. Morgan Chase & Co. (JPM) told U.S. Senate lawmakers Wednesday it's "likely" that the company's board will seek to recoup pay from executives faulted in the bank's multi-billion dollar trading loss. Asked about whether there would be "clawbacks" of such pay, CEO James Dimon said the company's board is still reviewing the matter. But he added that "You can expect we will take proper corrective action. And I would say it's likely, though this is subject to the board, but it's likely there will be clawbacks." Mr. Dimon added that the bank has the ability to seek return of compensation "even for things like bad judgment." The bank, he said, can demand the return unvested stock and cash bonues. "it's pretty extensive, the ability to clawback," Mr. Dimon said. Write to Alan Zibel at alan.zibel@dowjones.com

Stock News for Jp Morgan Chase (JPM)
DateTimeHeadline
09/16/201409:44:34U.S. Hot Stocks: Hot Stocks to Watch
09/12/201415:23:39Weather Channel In Talks With Banks on Strategic Options -Bloomberg
09/11/201419:00:08Treasury Monitoring Swaps Loopholes at U.S. Banks
09/03/201401:31:51J.P. Morgan in Talks to Sell Oil-Supply Agreement
09/03/201401:30:21FBI Finds No Evidence J.P. Morgan Breach Hit Other Big U.S. Banks
09/01/201409:40:56US Court Dismisses Aluminum Antitrust Cases
09/01/201407:04:50US Court Dismisses Antitrust Cases Against Aluminum Traders
08/28/201414:25:10J.P. Morgan Working With Law Enforcement on Cyber Attack -- 3rd...
08/28/201414:17:23J.P. Morgan Working With Law Enforcement on Cyber Attack -- 2nd...
08/28/201414:07:17J.P. Morgan Working With Law Enforcement on Cyber Attack -- Update
08/28/201414:04:53FBI Probes Possible Hacking Incident at J.P. Morgan -- 3rd Update
08/27/201417:46:19FBI Probes Possible Hacking Incident at J.P. Morgan -- 2nd Update
08/27/201417:45:00FBI Probes Possible Hacking Incident at J.P. Morgan
08/27/201417:44:58FBI Probes Possible Computer Hacking Incident at J.P. Morgan...
08/27/201417:41:47FBI Probes Possible Computer Hacking Incident at J.P. Morgan
08/26/201414:07:59Ann Taylor Parent Hires J.P. Morgan to Explore Potential Sale...
08/22/201415:03:25NeuStar Considering Possible Sale of Company -Reuters
08/19/201413:05:12Apax Looking to Sell Technology Provider TriZetto -Reuters
08/12/201420:39:13Banks Retreat From Market That Keeps Cash Flowing
08/06/201414:53:29Kellogg Considering Bid for United Biscuits -Sky News

Jp Morgan Chase and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad