January 16, 2013 at 11:33 AM EST
Goldman, JPMorgan Beat, But Dimon's Pay Halved
The board of JPMorgan Chase sliced in half the pay of CEO Jamie Dimon over the last year's trading debacle that lost the bank at least $6.2 billion. Despite those hefty trading losses, the nation's largest bank by assets blew past analyst expectations for fourth-quarter earnings, though revenue was light. JPMorgan (JPM) cited ongoing improvements in the housing market, as well as strong commercial banking and asset management businesses.
Related Stocks:
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here