Thursday, May 10, 2012

JPMorgan has $2 billion trading loss, reputation hit

(Reuters) - JPMorgan Chase & Co said on Thursday that it suffered a $2 billion trading loss from a failed hedging strategy, a disclosure that hit financial stocks and the reputation of the bank and its prominent CEO, Jamie Dimon.
See the original article here:
JPMorgan has $2 billion trading loss, reputation

Read more ...

No comments:

Post a Comment