Published by LA Times. But Dimon now faces a Justice Department probe into how the bank lost $2 billion from risky trades. By Andrew Tangel, Richard A. Serrano and Jim Puzzanghera, Los Angeles Times May 15, 2012, 5:54 p.m. TAMPA, Fla. — After surviving a push to oust him as […]
Category Archives: Press
Jamie Dimon Just Faced Shareholders At JP Morgan’s Annual Meeting — Here’s The Low Down
Published by Business Insider. Linette Lopez and Lisa Du | May 15, 2012, 11:37 AM Jamie Dimon just gave a speech and answered shareholder questions at JP Morgan’s annual shareholder’s meeting.The focus is expected to be on JP Morgan’s most recent $2 billion trading loss, which was revealed less than […]
JPMorgan criticised over genocide funding
Published by Tamil Guardian. Investment bank JPMorgan Chase has urged share holders to vote against proposals calling on the bank to stop investing in firms that “substantially contribute to genocide or crimes against humanity.” JPMorgan has a big stake in Chinese oil firm PetroChina, which has been condemned for financing […]
GenPrev in the News [11 May 2012]
Published by Auschwitz Institute. By MARISSA GOLDFADEN Over the past month, JPMorgan Chase has come under fire for their now-publicized opposition to a shareholder proposal asking the company to avoid companies tied to genocide. Specifically, JPMorgan owns over a billion dollars worth of PetroChina, the publicly-traded arm of China National Petroleum Company, which […]
JPMorgan faces backlash over ties to Sudan
Published by CNNMoney. By Hibah Yousuf @CNNMoneyInvest May 11, 2012: 8:12 AM ET JPMorgan’s board of directors, which CEO Jamie Dimon chairs, recommends that shareholders vote against a proposal that calls for avoiding investments in companies that contribute to genocide, including PetroChina. NEW YORK (CNNMoney) — For the second year […]
JP Morgan criticized for portfolio ties to Sudan
Published by Gant Daily. Linda Young – Fourth Estate Cooperative Writer Washington, D.C., United States (4E) – JP Morgan saw its shares fall in trading over a risky investment strategy that has so far cost the bank $2 billion, but its continued association with PetroChina could cause more trouble. Stockholders […]
Support grows for Investors Against Genocide proposal at J.P. Morgan
Published by Responsible Investor. Ongoing campaign gets backing from major institutions by Katie Gilbert | May 8th, 2012 A shareholder proposal asking J.P. Morgan Chase to enact a policy limiting or barring investments linked to genocide is attracting mounting support among US institutional investors. Two of the country’s largest public […]
Genocide-free Investing: Why is it Controversial at JPMorgan Chase?
Published by Enough Project. Posted by Enough Team on Apr 24, 2012 Editor’s Note: JPMorgan Chase invests in PetroChina, a company with links to the Khartoum government, and thus connects its shareholders to state-sponsored atrocities across Sudan. In this guest blog post, William Rosenfeld of Investors Against Genocide explains how […]
