Key Republican: Jpmorgan $2b Loss Raises Questions

A key House Republican says the $2 billion trading loss at JPMorgan Chase raises critical questions about how banks control their risks. But Republican lawmakers rejected calls from Democrats for stricter regulation. Rep. Shelley Moore Capito, Republican chairman of the House Financial Services subcommittee, noted the loss during a hearing about how best to regulate banks big enough to bring down the broader financial system.

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  • JPMorgan $2b loss raises questions
    WASHINGTON — A key House Republican says the $2 billion trading loss at JPMorgan Chase raises critical questions about how banks control their risks. But Republican lawmakers rejected calls from Democrats for stricter regulation. Rep. Shelley Moore ...
    07/25/2015 - 1:00 pm | View Link
  • Key Republican: JPMorgan $2B loss raises questions
    WASHINGTON (AP) -- A key House Republican says the $2 billion trading loss at JPMorgan Chase raises critical questions about how banks control their risks. But Republican lawmakers rejected calls from Democrats for stricter regulation. Rep. Shelley Moore ...
    05/16/2012 - 6:41 pm | View Link
  • Key Republican: JPMorgan $2B loss raises questions
    WASHINGTON — A key House Republican on Wednesday said that the $2 billion trading loss at JPMorgan Chase raises critical questions about how banks control their risks. But Republican lawmakers rejected calls from Democrats for stricter oversight of Wall ...
    05/16/2012 - 1:37 pm | View Link
  • Key Republican: JPMorgan $2B loss raises questions
    WASHINGTON – A key House Republican says the $2 billion trading loss at JPMorgan Chase raises critical questions about how banks control their risks. But Republican lawmakers rejected calls from Democrats for stricter regulation. Rep. Shelley Moore ...
    05/16/2012 - 11:04 am | View Link
  • JPMorgan's $2B US trading loss prompts downgrade
    Fitch Ratings downgraded the long-term credit rating of JPMorgan ... that caused the loss "implies a lack of liquidity." "It also raises questions regarding JPM's risk appetite, risk management framework, practices and oversight; all key credit factors."
    05/11/2012 - 6:14 am | View Link
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