JPMorgan's Dimon to Face Analysts on Trading Loss
July 11 (Bloomberg) -- Bloomberg's Dawn Kopecki reports that Jamie Dimon will seek to restore investor confidence this week after a trading loss wiped out $39billion of JPMorgan Chase & Co.’s market value and marred his reputation as one of the industry’s best risk managers. Dimon will meet analysts for two hours on July 13 at the bank’s New York headquarters to field questions about the loss and what he’s doing to contain the damage. She speaks on Bloomberg Television's "Bloomberg Surveillance."
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Canada's Startups Need More Self-Confidence
55:10 - The missing ingredient in Canada's startup technology industry is self-confidence, especially when compared with their bolder competition in the U.S., according to a panel discussion among some of the nation's most successful entrepreneurs. Ted Livingston, founder and CEO of messaging service Kik, said Canadians too often talk themselves out of opportunities because of the risks. U.S. investors and entrepreneurs will think first about the potential of winning rather than the risks of failing, according to Michele Romanow, co-founder of Clearbanc and Buytopia. (Source: Bloomberg)