Posts tagged "JPMorgan"
Facebook’s Market Appetite Control
NEW YORK – Facebook on Tuesday closed the books of their gigantic IPO of 10.600 billion, according to a source familiar with the deal. The biggest social network is scheduled to put its shares on Thursday to begin trading on Friday. Facebook stopped accepting orders for the IPO two days ahead of schedule. The company...
JPMorgan Promises Changes After Loss
TAMPA – U.S. bank JPMorgan Chase & Co. is doing “a lot of changes to its policies and procedures” after reporting losses in market operations by billions of dollars. This was said Tuesday by its chief executive, Jamie Dimon, at the annual meeting of shareholders. Dimon acknowledged that the losses were “self-inflicted” and said it...





