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
05/26/201606:02:50Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
05/26/201606:02:17Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
05/26/201601:30:00Wells Fargo to Offer Low-Down-Payment Mortgages Without FHA Backing
05/25/201617:24:28Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
05/25/201616:32:18Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
05/25/201616:20:15Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
05/25/201616:17:13Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
05/25/201616:14:35Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
05/25/201616:05:51Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
05/25/201612:32:00MARKET SNAPSHOT: U.S. Stocks Extend Gains For 2nd Day As Energy...
05/25/201611:45:21Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
05/25/201611:40:55Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
05/25/201611:32:03Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
05/25/201611:30:00MARKET SNAPSHOT: U.S. Stocks Climb For 2nd Day, Led By Financials...
05/25/201610:30:00Shrinking Oil Revenues Prompt Gulf States to Sell Bonds
05/25/201610:13:00MARKET SNAPSHOT: Dow Climbs 100 Points At The Open As Oil Jumps...
05/25/201610:10:00Citibank to Pay $425 Million Over Alleged Benchmark Manipulation
05/25/201606:04:30Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
05/25/201606:04:30Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
05/25/201606:04:30Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)

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 1999-2015 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad