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JP Morgan Chase acknowledges $2B trading loss JPMorgan Chase, the largest bank in the United States, said Thursday that it lost $2 billion in a trading portfolio designed to hedge against risks the company takes with its own money. 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. JP Morgan posts surprise $2 billion trading loss The biggest bank in the US, JP Morgan Chase, revealed overnight a massive, surprise trading loss of $2 billion, on complex investments made by its traders. JP Morgan Reveals $2 Billion Loses By 'Sloppiness', 'Many Errors', 'Bad Judgment JP Morgan Chase, America's biggest bank, issued a surprise trading update after U.S. markets had shut on Thursday, admitting it had incurred $2 billion (£1.2 billion) of trading losses in the past six weeks. JP Morgan in $2bn shock loss JP Morgan Chase has suffered a trading loss of $2bn (£1.2bn), its chief executive Jamie Dimon revealed last night. JP Morgan announces trading losses New York, May 11 (IANS) JP Morgan Chase, the largest bank in the US, acknowledged Thursday trading losses of $2 billion for the past six weeks. The Zacks Analyst Blog Highlights: Colgate-Palmolive, Procter & Gamble, JP Morgan Chase, Citigroup and Morgan Stanley CHICAGO, May 8, 2012 /PRNewswire/ -- Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks ... London open: Chinese data, JP Morgan weighs on stocks The FTSE 100 fell sharply in early trading on Friday as weak Chinese data, Spanish concerns and a surprise trading loss from JP Morgan Chase and Co weighed on sentiment. US Bank Hit By 'Embarrassing' $2bn Loss JP Morgan Chase, the largest bank in the US, has admitted losing $2bn in a trading portfolio designed to protect the company against risks it took with its own money. Chief executive Jamie Dimon blamed ... US Bank Hit By 'Embarrassing' £1.2bn Loss JP Morgan Chase, the largest bank in the US, has admitted losing \$2bn (£1.2bn) in a trading portfolio designed to protect the company against risks it took with its own money. 
Key Words: jp morgan chase

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http://pixelhat.net/