"jpmorgan loses $2 billion" tag
jp morgan

JPMorgan Unit’s London Staff May Go as Loss Prompts Exits

By Dawn Kopecki – May 14, 2012 7:41 AM PT http://bloom.bg/KCBEo9 The entire London staff of JPMorgan Chase & Co. (JPM)’s chief investment office is at risk of dismissal as a $2 billion trading loss prompts the…

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JPMorgan Reveals Shock $2 Billion Trading Loss on Investments

http://bbc.in/JgjzMk JPMorgan Chase, the biggest US bank, has revealed a surprise trading loss of at least $2bn (£1.2bn) on complex investments made by its traders. Chief executive Jamie Dimon blamed “errors, sloppiness and…

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