The Rajat Gupta trial is finally underway.

In the wake of the botched Facebook IPO, fingers are being pointed in several directions.

The Washington Post notes that a new term has been coined in the banking industry: Dimonfreude.ds

In the aftermath of the Facebook IPO, it's clear that several parties contributed to the disappointing offering.

Jamie Dimon, the embattled CEO of JPMorgan, picked up a public show of support recently from none other than Brian Moynihan, the CEO of Bank of America, one of JPMorgan's biggest competitors.

Monday might be considered the first day of actual trading of Facebook, the first day that the price of the stock reflects actual supply and demand.

Suspending a stock buyback is not as dramatic as suspending a dividend payment. Still, in the case of JPMorgan, the move is fraught with meaning at a time like this.

The New York Times offers an interesting take on the disastrous trades that has cost the banks more than $3 billion in paper.

At long last, after a lot of pre-trial drama and posturing, the big event has arrived.The trial of former Goldman Sachs directors and ex-McKinsey head, Rajat Gupta, will get underway in a courtroom in Manhattan

Barclay's announcement that it will sell its entire stake in asset management powerhouse BlackRock, which is worth more than $6 billion, was huge news.