Epstein Secrets

Exit the rock-star bosses Before the great crash of 2008, the universal banks swaggered around London, Hong Kong and New York. Barclays, Citigroup, Credit Suisse, Deutsche and UBS imagined they could be all things to investors in (almost) all corners of the globe. Five years on, in 2013, such ambitions will s

of JPMorgan Chase, unbowed despite the "London Whale" trading loss of 2012, has invested too much in the universal-banking model to retreat. But Mr Dimon will remain a quintessentially American banker with little desire to expand in emerging markets such as Africa, Latin America or the Middle East. Ev

n at Credit Suisse among the vulnerable. Page I 1 of 2 EFTA00598424 Naturally, some masters of the universe will insist that nothing has changed. Jamie Dimon of JPMorgan Chase, unbowed despite the "London Whale" trading loss of 2012, has invested too much in the universal-banking model to retreat. But Mr

ure had the desired effect, as analysts covering the Company took note of its remarkably low VaR numbers. In a February 9, 2007 pre- filing comment, Credit Suisse analysts Susan Roth Katzke and Ross Seiden stated that Bear Steams' "[m]anagement will continue to invest to grow revenues via new products and new

Consolidated Supervised Entity. Deloitte: Deloitte & Touche LLP, the external auditor for Bear Steams during the Class Period. Dimon: JPMorgan CEO Jamie Dimon. D&L AAG: The AAG for Depository and Lending Institutions. Domestic Funds: The High Grade Domestic Fund and the High Grade Enhanced Domestic Fund.

ay Commission. CSE: Consolidated Supervised Entity. Deloitte: Deloitte & Touche LLP, the external auditor for Bear Steams during the Class Period. Dimon: JPMorgan CEO Jamie Dimon. D&L AAG: The AAG for Depository and Lending Institutions. Domestic Funds: The High Grade Domestic Fund and the High Grad

-service securities platforms before a moratorium on fresh foreign investment in the sector was imposed. European banks including Deutsche Bank and Credit Suisse have been granted approval to launch mainland securities joint ventures in the past two years, but these have been restricted to IPO underwriting.

an in any other country. JPMorgan signed an agreement with First Capital Securities, a small state-owned mainland broker, at a ceremony attended by Jamie Dimon, chief executive. The US bank is seeking to own 33 per cent of the newly created company, the maximum foreign investment permitted, with the remain

own Life Carla A. Hills, Chairman and Chief Executive Officer, Hills & Company; former U.S. Trade Representative Richard Holbrooke, Vice Chairman, Credit Suisse First Boston Corporation; former U.S. Ambassador to Germany; former U.S. Assistant Secretary of State for European and Canadian Affairs; former As

otta d the payback picture because your friend sys you owe him. Then sometimes you got- ugo back to the well." 'Sometimes you do Reindeer Games," Dimon says derisively. "That's just mean," Affleck whines. But it's a pretty accurate description of hi career to date. "Ben takes these franchise pope