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Cyber attack hits JPMorgan Chase siteThe consumer banking website of JPMorgan Chase & Co was unavailable to some users on Tuesday as the company tried to deal with a denial-of-service cyber attack that slowed access for some customers. More… |
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JP Morgan names ME public sector chiefLeading global financial services firm JP Morgan has appointed Ahmed Saeed, an industry veteran, as the new head of public sector coverage for its Middle East division. Saeed joins from Nomura International, where he was most rece More… |
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New iPhone 'could boost US GDP'The next generation iPhone 5, which Apple plans to release this week, could not only boost the tech giant's bottom line - but could give a significant boost to the overall US economy. Sales More… |
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Bahrain Bourse hosts key programmeThe Bahrain Bourse, in co-operation with JP Morgan, organised a three-day programme on investor relations best practices for officials of GCC stock exchanges, along with listed companies on the bourse. The programme was held for the second More… |
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Apicorp seals trade finance deal with JP MorganArab Petroleum Investments Corporation (Apicorp), a Saudi-based multilateral bank owned by the Arab states, said it has signed an agreement with JP Morgan Treasury Services to boost its trade finance offering for energy companies. Apicorp More… |
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Apicorp seals trade finance deal with JP MorganArab Petroleum Investments Corporation (Apicorp), a Saudi-based multilateral bank owned by the Arab states, said it has signed an agreement with JP Morgan Treasury Services to boost its trade finance offering for energy companies. Apicorp More… |
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JP Morgan CIO chief quits after trading lossJP Morgan Chase & Co sacrificed investment chief Ina Drew on Monday in response to trading losses that could reach $3 billion or more and which have tainted the reputation of the bank's high profile chief executive Jamie Dimon. The More… |
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JPMorgan reacted badly to red flags: CEOJPMorgan Chase & Co CEO Jamie Dimon said his bank reacted badly to warning flags last month that it had large losses in financial derivatives trading, a $2 billion embarrassment that has given banking regulators new ammunition. In an i More… |
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S&P revises JPMorgan outlook to negativeStandard & Poor's Ratings Services has revised its outlook on JPMorgan Chase & Co to negative from stable, the latest blow to the bank after it revealed a shocking $2 billion trading loss from a failed hedging strategy. Standard &a More… |
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Euro hits 3 month lowThe euro hit a 3-1/2-month low on Friday as news of JPMorgan's trading losses from a failed hedging strategy spooked investors and lent support to the safe haven dollar, with stop-loss selling adding to the euro's drop. The euro al More… |
