bank Archives - The Delaware Gazette

Steve Hartzler

Steve Hartzler, 65, died Thursday (May 31, 2012) at his home on South Galena Road after an extended illness.

Jun 3 2012 | Posted in Obituaries | Read More »

Typical CEO made $9.6M last year, AP study finds

NEW YORK — Profits at big U.S. companies broke records last year, and so did pay for CEOs.

May 25 2012 | Posted in AP News | Read More »

Obama, Dems redoubling money efforts to keep edge

COLORADO SPRINGS, Colo. — His cash advantage threatened, President Barack Obama and his party are redoubling their fundraising efforts after robust hauls by Republican rival Mitt Romney and a slew of GOP-leaning super PACs that are raking in cash from the party faithful highly motivated to topple the Democrat.

May 23 2012 | Posted in AP News | Read More »

Eurozone warned ‘severe recession’ looming

PARIS — The 17-country eurozone risks falling into a “severe recession,” the Organization for Economic Cooperation and Development warned on Tuesday, as it called on governments and Europe’s central bank to act quickly to keep the slowdown from dragging down the global economy.

May 22 2012 | Posted in AP News | Read More »

Dimon survives votes on pay, chairmanship

TAMPA, Fla. — The CEO of JPMorgan Chase survived a shareholder push Tuesday to strip him of the title of chairman of the board, five days after he disclosed a $2 billion trading loss by the bank.

May 15 2012 | Posted in AP News | Read More »

No sign of shareholder revolt against Dimon

NEW YORK — JPMorgan Chase CEO Jamie Dimon owned up to stock analysts and went on TV to accept blame for a $2 billion trading mistake. Next he faces shareholders, who are considerably less wealthy since the blunder was disclosed.

May 14 2012 | Posted in AP News | Read More »

JPMorgan exec expected to resign, AP source says

NEW YORK — JPMorgan Chase is expected to accept the resignation of one of the highest-ranking women on Wall Street after the bank lost $2 billion in a trading blunder, a person familiar with the matter said Sunday.

May 13 2012 | Posted in AP News | Read More »

Calls to toughen regulation follow JPMorgan loss

WASHINGTON — JPMorgan Chase faced intense criticism Friday for claiming that a surprise $2 billion loss by one of its trading groups was the result of a sloppy but well-intentioned strategy to manage financial risk.

May 11 2012 | Posted in AP News | Read More »