We are only now learning that this was done months ago?!
I want to know what other important information is being withheld… ~Ron
Bloomberg reported today:
Jamie Dimon’s Power Struggle: Loses Bank Chairman Role, A Bigger Blow May Come Next
“JPMorgan has sought to bolster corporate governance and rebuild its relationship with watchdogs after probes by regulators and a Senate panel faulted the firm for withholding information from U.S. overseers during trading losses last year. Dimon handed off the chairman title at the unit after company attorneys recommended it for technical reasons, rather than because of pressure from regulators or investors, said the person, who’s familiar with the bank’s thinking.” –http://www.bloomberg.com/news/2013-10-04/jpmorgan-s-dimon-said-to-relinquish-chairman-role-at-bank-unit.html
RELATED:
https://ronmamita.wordpress.com/2013/10/04/government-lies-manipulation-and-shutdown-high-drama-theatrics-continues/
https://ronmamita.wordpress.com/2013/10/01/js-kim-bank-ceos-didnt-always-break-bad-the-1609-municipal-bank-of-amesterdam-provides-a-model-for-a-good-honest-bank/
http://www.zerohedge.com/news/2013-10-03/jamie-dimon-no-longer-chairman-jpms-primary-banking-subsidiary
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This Article JPMorgan Chase is composed of Creative Common Content.
The Original Article can be location at WikiPedia.org.
US 21.30 billion 2012
assets US 2.509 trillion 2012
equity US 204.1 billion 2012
number of employees 258965 2012
divisions J.P. Morgan Asset Management
subsid Chase date: October 16 2008 agency Associated Press access date December 17 2009
According to Bloomberg as of October 2011 JPMorgan Chase surpassed Bank of America as the largest U.S. bank by assets.ref Its predecessor the Bank of the Manhattan Company was the 22nd oldest bank in the world.
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