JPMorgan Chase & Co
U.S. reviewing regulation of investment banks
Submitted by MichaelVail on Wed, 03/26/2008 - 5:31pm.
Treasury Secretary Henry Paulson Jr. said Wednesday that Wall Street investment firms must provide more information about their financial condition if they are occasionally allowed to borrow money from the Federal Reserve as commercial banks do.
Fed acts Sunday to prevent global bank run Monday
Submitted by MichaelVail on Mon, 03/17/2008 - 5:24pm.
WASHINGTON (MarketWatch) -- Acting quickly to prevent a run on major global financial firms, the Federal Reserve cut its discount rate by a quarter percentage point to 3.25% and offered to lend money to a longer list of firms than ever before.
US banks face $351bn "margin call" - JPMorgan Chase
Submitted by MichaelVail on Mon, 03/10/2008 - 5:24pm.
WALL Street banks are facing a "systemic margin call" that may deplete banks of $US325 billion ($351 billion) of capital due to deteriorating subprime US mortgages, JPMorgan Chase said on the weekend.
Stagflation May Return as Price, Credit Risks Meet
Submitted by MichaelVail on Mon, 12/17/2007 - 6:17pm.
The world economy is facing the risk of both recession and faster inflation.
Global growth this quarter and next may be the slowest in four years, while inflation might be the fastest in a decade, say economists at JPMorgan Chase & Co.
Private Carlyle Group suffers a rare public humiliation
Submitted by MichaelVail on Mon, 09/10/2007 - 2:12pm.
Carlyle Group isn't accustomed to failure. Over the past 15 years, it has built itself into one of the world's biggest and most successful private-equity funds by seeing value where others didn't. For most of that time, its risks have been carefully calculated, its timing nearly impeccable.
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