Jamie Dimon, once an advocate for building even larger banks, plans to exit some businesses and scale back others.
FORTUNE -- The nation's largest bank may indeed be too big.
On Tuesday, at its annual investor day, JPMorgan Chase executives spent a lot of time talking about the bank's plans to shrink.
"Bad loans equal bad revenue," said CEO Jamie Dimon. "Do a lot of bad loans and you go out of business. MOREStephen Gandel, senior editor - Feb 26, 2014 9:07 AM ET
Clearly, it's not a smart PR move. But going by a number of other methods JPMorgan is underpaying its CEO.Stephen Gandel, senior editor - Jan 24, 2014 2:28 PM ET
At Goldman, JPMorgan, and Bank of America, there are signs that the risky business Washington was trying to root out continues to grow.Stephen Gandel, senior editor - Jan 24, 2014 9:56 AM ET
Jamie Dimon's bank is richer than it looks.Stephen Gandel, senior editor - Jan 15, 2014 2:59 PM ET
Compared to the SEC, it's incredibly unlikely JPMorgan has had a shortage of financial experts capable of detecting Madoff's Ponzi scheme. The bank received several red flags but they went nowhere.Nin-Hai Tseng, Writer - Jan 8, 2014 5:00 AM ET
Hidden in Tuesday's settlement are details of how the bank was positioned to make money off of Bernie Madoff's Ponzi scheme.Stephen Gandel, senior editor - Jan 7, 2014 5:08 PM ET
The nature of the investment banking business today makes JPMorgan's hiring actions in China almost inevitable.
By Sanjay Sanghoee
FORTUNE -- In the latest round of trouble for JPMorgan Chase (JPM), the bank's internal emails and computer files reveal that it purposefully hired people from prominent Chinese families in order to win banking business in China, and the U.S. Securities and Exchange Commission and the Brooklyn federal prosecutor's office are investigating MOREDec 11, 2013 9:04 AM ET
Recent settlements with SAC and JPMorgan are shielding the firms from lawsuits.
FORTUNE -- Justice continues to come with slightly less pain for Wall Streeters.
The most recent evidence of this phenomenon comes from the government's prosecution of hedge-fund billionaire Steven Cohen. Earlier this month, Cohen's firm SAC Capital pled guilty to insider trading charges. U.S. prosecutors have called SAC a criminal enterprise, and the firm is paying the largest fine related MOREStephen Gandel, senior editor - Nov 20, 2013 5:00 AM ET
Why is the Justice Department fighting the bank just so it can hand a pile of money to hedge funds?
FORTUNE -- The Justice Department's proposed $13 billion settlement with JPMorgan Chase over mortgage misdeeds has stalled, and the issue appears to be this: Who should pay for WaMu's poo?
The Justice Department says JPMorgan (JPM). JPMorgan says an FDIC trust. The correct answer may not be the one you think.
Here are MOREStephen Gandel, senior editor - Oct 31, 2013 1:58 PM ET
Did Jamie Dimon just make another mistake in JPMorgan's legal battles?
FORTUNE -- On Friday, JPMorgan said that it had put aside $23 billion to cover future fines and legal bills. Even beyond the size, the disclosure was an unusual one. Banks don't typically say how much they have to cover legal bills. And it's the first time that JPMorgan has ever disclosed the number.
Bank executives have long said they won't MOREStephen Gandel, senior editor - Oct 11, 2013 2:36 PM ET
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