John Hogan Returns to J.P. Morgan, Named 'Chairman of Risk'
Five stats from the market and the stories behind them. This week: $3 trillion in stimulus (but how much more?), a $1 billion question mark at Yahoo, more.
Goldman Worlds Apart from J.P. Morgan as Investor Meeting Looms
U.S. stocks rise after Fed officials comments
Regulators and banks should develop a system allowing lenders to go bust without damaging the world economy to help restore public trust in the industry, JPMorgan Chase CEO Jamie Dimon said.
Leadership changes and litigation risk should not scare investors away from financials, as quarterly results show that several names are currently a fairly good deal, says Morningstar's Jim Sinegal.
More than 150 chief executive officers, including JPMorgan Chase & Co.'s Jamie Dimon and Goldman Sachs Group Inc.'s Lloyd Blankfein, called on President Barack Obama and House Speaker John Boehner to compromise on a budget deal that would include new tax revenue and spending cuts.