Nelson D Schwartz

News

JPMorgan Chase Executive to Resign in Trading Debacle

Analyst gives firm an A for stemming the wrath of regulators, but an F for missing the problem in the first place.

By: Nelson D Schwartz &; Jessica Silver-Greenberg ,; TheNewYorkTimesNewsService

May 14, 2012

News

A Shock From JPMorgan Is New Fodder for Reformers

It didn’t take long for bank reformers to say we told you so. JPMorgan Chase’s $2 billion trading loss, which was disclosed on Thursday, could give supporters of tighter …

By: Nelson D Schwartz ,; TheNewYorkTimesNewsService

May 11, 2012

News

A Public Exit From Goldman Sachs Hits at a Wounded Wall Street

The Goldman Sachs Building and the Empire State Building. (Photo: Derek D / Flickr) Wall Street traders come and go all the time, but few have quit …

By: Nelson D Schwartz ,

March 14, 2012

News

Banks Settle With States on Foreclosure Suits for Pennies on the Dollar

(Photo: Chester Paul Sgroi / Flickr) After months of painstaking talks, government authorities and five of the nation’s biggest banks have agreed to a $26 billion settlement …

By: Nelson D Schwartz &; Shaila Dewan ,

February 9, 2012

News

Crisis in Europe Tightens Credit Across the Globe

Europe’s worsening sovereign debt crisis has spread beyond its banks and the spillover now threatens businesses on the Continent and around the world. From global airlines and …

By: Eric Dash &; Nelson D Schwartz ,

November 29, 2011

News

Banks Brace for Fallout on Earnings

The protesters who have gathered for weeks near Wall Street and the highly paid investors and analysts in the buildings that surround them don’t agree on much. …

By: Eric Dash &; Nelson D Schwartz ,; TheNewYorkTimesNewsService

October 10, 2011

News

US Files Suit Against Big Banks Over Mortgages

Federal regulators filed suit on Friday against more than a dozen leading banks, seeking billions in compensation for huge losses suffered by Fannie Mae and Freddie Mac on mortgage-backed …

By: Nelson D Schwartz ,

September 2, 2011

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Nelson D Schwartz

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