Quietly, today is turning out to be a biggie.
The Dow is up about 150 points.
Helping things, perhaps? JPMorgan is up 3.6% after reporting earnings and clearing the air (kind of) on the London Whale trade.
Citigroup is also up over 3%.
The S&P 500 is up just over 1%.
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There is a new twist in the London Whale trading scandal that cost JPMorgan Chase $6.2 billion in trading losses last year. ||| New York - There is a new twist in the London Whale trading scandal that cost JPMorgan Chase $6.2 billio... Read Post
JPMorgan Chase CEO Jamie Dimon took a huge pay cut following the "London Whale" trade. His 2012 compensation is $11.5 million, which is half of what he took home for 2011. In an SEC filing the went along with today's earnings report... Read Post
JPMorgan Chase agreed to pay $920 million in fines as part of a settlement with regulators in the London Whale trading loss case, Bloomberg News' Dawn Kopecki is reporting. Those fines will be paid amongst the SEC ($200 million), th... Read Post