1. INTO THE FIRE

    Dimon to Meet With Bank Examiners

    Dimon on Capitol Hill on June 19, 2012. (Jacquelyn Martin/AP)

    JPMorgan Chase’s Chairman and CEO, Jamie Dimon, is far from out of the woods. The financial world’s “last man standing” is scheduled for a meeting next week with dozens of bank examiners from the Office of the Comptroller of the Currency, including junior examiners who don't usually interact with CEOs. It's yet another show of the kind of close inspection he and his bank now face nearly three weeks after the OCC and the Federal Reserve Bank of New York told him they don't trust his management. But the upcoming meeting may be a step in the right direction: it was suggested by the bank, not the authorities, and was allegedly initially scheduled in advance of the complaints.

    Read it at Wall Street Journal