JP Morgan Chase loses $2 billion in 6 weeks JPMorgan Chase, the largest bank in the United States, said Thursday that it lost $2 billion in the past six weeks in a trading portfolio designed to hedge against risks the company takes with its own money. JP Morgan Chase loses $2 billion in last 6 weeks NEW YORK (CNNMoney) — JPMorgan Chase, in a surprise announcement, said Thursday that it has suffered trading losses of $2... JP Morgan trader 'London Whale' blows $13bn hole in bank's value Shockwaves spread across markets after $2bn trading loss at US bank, which had campaigned to water down regulations The City trader at the centre of a $2bn trading loss at JP Morgan Chase had returned to his home in Paris on Friday as the repercussions of the loss spread across the markets. Some $13bn was wiped off the value of America's largest bank after it admitted the scale of the trading ... JP Morgan's whopping $2 billion loss sends bank stocks down JP Morgan Chase's $2 billion surprise loss sends jitters through the banking world, and raises question over whether more regulations are needed. JP Morgan Chase $2B loss impacts Wall Street JPMorgan Chase stock lost more than 8 percent of its value Friday after the bank, the largest in the United States, revealed a monster $2 billion loss in a trading group that manages the risks the bank takes with its own money. US Stock Futures Fall After PPI Data as JP Morgan Chase Weighs US Stock Futures Fall After PPI Data as JP Morgan Chase Weighs US Stock Futures Fall As JP Morgan Chase's Trading Loss Weigh US Stock Futures Fall As JP Morgan Chase's Trading Loss Weigh Video: JP Morgan Chase admits mistakes, 250,000 losing unemployment benefits JP Morgan Chase is admitting to mistakes that caused the banking giant to lose $2 billion and sent its stock price plummeting; Also, a quarter of a million Americans are about to lose their unemployment benefits; And, Steve Hartman reports on a teacher in one of the poorest school districts in Texas, whose students reach for the stars with rocket science. £1.2bn JP Morgan Chase loss investigated A team of high-stakes traders, including one dubbed the London Whale, were today at the centre of an investigation over £1.2 billion losses at America's biggest bank. JP Morgan Chase loses $2B in risky hedging, CEO calls resulting coverage 'tempest in a teapot' The chief investment office has been transformed in recent years under Dimon into a unit that makes bigger and riskier speculative bets with the bank's money, according to five former employees.
Key Words: jp morgan chase
References:
http://www.forbes.com/sites/nathanvardi/2012/05/10/why-it-matters-that-jpmorgan-lost-2-billion-trading-in-six-weeks/
http://www.forbes.com/sites/chunkamui/2012/05/11/less-hyperventilating-on-jp-morgan-chases-2b-loss-please/
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http://feeds.denverpost.com/~r/dp-opinion-comments/~3/UTD-fl4orTc/viewtopic.php
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http://pixelhat.net/
Saturday, May 12, 2012
Why It Matters That JPMorgan Lost $2 Billion Trading In Six Weeks Less Hyperventilating on JP Morgan Chase's $2B Loss Please to Pay 1.9M in Damages Analyst Blog Earnings Beat Expectations Comment Biden proves catalyst for Obama gay marriage Chase reports billion loss past six weeks risky derivatives It’s Crunchtime stock plunges after SEC Opens Review of J.P. From 6figure banker $30Kayear butcher earnings top forecasts Romney steers clear controversy while campaigning N.C. Inflation Sentiment Data Lift U.S. Stocks Europe Down discloses $2billion trading hours 'egregious' losses Pitches New Plastic Beefs Up PrimeBrokerage Team
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