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JPMorgan Chase & Co, (NYSE:JPM) one of the biggest customers of Bloomberg LP, said on Wednesday it has sent a formal legal request asking the financial data and news company to provide details of what bank information Bloomberg News reporters had been able to see.JPMorgan's statement comes after Bloomberg acknowledged late last week that its reporters had limited access to data about clients' terminal usage, such as when a customer logs in, contacts the help desk or delves into the system for information about assets, such as equities or bonds.The largest U.S. bank is seeking logs for five years of what precisely Bloomberg journalists accessed concerning the use of terminals by JPMorgan employees, a bank official said. Bloomberg has about 2,400 journalists worldwide.JPMorgan said it is also seeking "confirmation" of controls that Bloomberg has put in place to stop future breaches.The bank declined to provide a copy of what it described as a formal request from its legal department.A Bl...
Goldman Sachs Group Inc. (GS) told employees it would begin to stagger its managing director classes, naming them every two years instead of annually, starting after...
FBN’s Charlie Gasparino on the competition to be Goldman Sachs CEO Lloyd Blankfein’s successor.
FBN’s Charlie Gasparino weighs in on the power struggle between Goldman Sachs ’ Gary Cohn and Michael Evans.
Goldman Sachs (NYSE:GS) chief executive Lloyd Blankfein is feeling pretty cocky these days, and having survived four years of post-financial crisis tumult and invest...
FBN’s Shibani Joshi on the succession plan for Goldman Sachs CEO Lloyd Blankfein.
FBN’s Charlie Gasparino on efforts to implement Dodd-Frank and regulators’ challenges in defining a ‘proprietary trade.’
Nasdaq Executive V.P. Eric Noll on how investors can use Treasury options to hedge or generate income.
No. 1: Hire Smart Employees to Stay on Top http://global.fncstatic.com/static/managed/img/fb2/news/GaryCohn-GS.jpgIn the past 15 years, 64% of jobs created have come...
Prudential Douglas Elliman Vice Chairman Dolly Lenz on the outlook for real estate.
Goldman Sachs COO Gary Cohn on the outlook for commodities.
Goldman Sachs COO Gary Cohn on the firm’s program to help small-business owners.
Goldman Sachs COO Gary Cohn on the outlook for equities and the housing market.
Goldman Sachs Chief Executive Lloyd Blankfein was paid $21 million in 2012, according to an SEC filing on Friday. The chief executive received an annual salary of $2...
Buoyed by its role in a flurry of mega M&A deals, J.P. Morgan Chase (NYSE:JPM) hauled in fees on an industry-leading $124 billion worth of deals during the first qua...
FBN's Charlie Gasparino on CEOs meeting with President Obama.
After losing its battle with regulators to keep an independent chairman proposal off its proxy, Goldman Sachs Group Inc. (GS) got a reprieve from a shareholder group...
The world's economy is improving, but the process of recovery is going to take time, according to Gary Cohn, president and chief operating officer of Goldman Sachs G...
Goldman Sachs Group Inc has decided to name managing directors every two years instead of annually as it has done in the past, according to a memo viewed by Reuters....
Goldman Sachs Group Inc. (GS) is taking a key employee status symbol and making it all the more elusive.In a memorandum to employees on Thursday, the firm announced ...