Congress, Derivatives | featured news

DealBook: Live Blog: Senate Banking Hearing on JPMorgan

Jamie Dimon, the chief executive of JPMorgan Chase, is testifying on Capitol Hill about a failed derivatives trade that could cost the bank as much as $5 billion in losses.

 

Derivatives standoff stalls Wall St bill

Lawmakers were locked in an impasse over derivatives on Thursday as they struggled to finish their historic rewrite of U.S. financial regulations.

 

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