The biggest bank in the United States – by assets, by deposits, by derivatives, or by felony counts – is JPMorgan Chase. Year-to-date, through yesterday’s close, it has lost 26 percent of its market value and has been put on a leash by the Fed, unable to prop up its stock price with share buybacks, the magic alchemy that its Chairman and CEO, Jamie Dimon, has been using for years to keep his job despite an unprecedented crime spree at the bank.
