Winner of “Survivor: Mega-Banks” may be loser

March 11, 2015

Brady Dougan’s departure from Credit Suisse leaves JPMorgan, Goldman and Wells with the last pre-2008 bosses. Dimon, Blankfein and Stumpf have overcome challenges but also are approaching a decade at the helm. One lesson from the crisis was the danger of sticking around too long.

JPMorgan optimism reinforces industry mediocrity

February 25, 2015

Jamie Dimon and crew reckon growth, cost cuts and new fees can boost earnings 43 pct and help silence talk of a breakup. Trouble is, the bank’s 2017 target puts tangible ROE at just 15 pct. That’s not bad but underscores what an unimpressive investment big banking has become.

Jamie Dimon returns to challenges old and new

October 14, 2014

JPMorgan’s boss is back after cancer treatment. But results missed estimates thanks to legal and other costs. The investment bank is punching below its weight. Cybersecurity is a growing worry. Even the timing of the bank’s earnings release was off. Dimon has his work cut out.

Why Geithner will stay

November 23, 2009

One residual from Timothy Geithner's rough confirmation back in January -- "Turbo Tax Tim" and all that -- is that his political position is probably a bit more precarious than that of the typical newbie treasury secretary.

This is Jamie’s land, this is your land

October 14, 2009

It’s a tale of two economies — one for the titans of U.S. banking and one for the rest of us.

7 things Goldman can do with its money

October 13, 2009

Lloyd Blankfein has been receiving lots of unsolicited advice on what to do with all the money Goldman Sachs is believed to have minted in the third quarter -- instead of simply dedicating the loot to fat year-end bonuses. Here's seven things he can do with that money.