Report: Jpmorgan Trading Losses May Reach $9b

Shares of JPMorgan Chase & Co. tumbled in premarket trading Thursday as a published report said that the bank's losses on a bad trade may reach as much as $9 billion - far higher than the estimated $2 billion loss disclosed last month.

RELATED ARTICLES
ASK NEWS:
  • UPDATE 6-UK markets shudder after Brexit vote, sterling hits 31-year ... - Philly.com
    UK markets shudder after Brexit vote, sterling hits 31-year low - Reuters India
    06/24/2016 - 6:04 am | View Link
  • Asian Stocks Climb as Emerging-Market Gains Offset Japan Losses - Bloomberg
    Asian Stocks Climb as Emerging-Market Gains Offset Japan Losses - Yahoo! Singapore
    06/6/2016 - 4:10 am | View Link
  • Annual Financial Report - London Stock Exchange
    Edinburgh Inv Trust EDIN EDINBURGH INVESTMENT TRUST PLC - Annual ... - Digital Look
    05/26/2016 - 3:53 pm | View Link
  • Dow 30 Stock Roundup: Disney's Results Disappoint, GE Plans $250M ... - Yahoo! Finance
    Dow 30 Stock Roundup: Disney's Results Disappoint, GE Plans $250M ... - Yahoo! Singapore
    05/13/2016 - 9:55 am | View Link
  • More
BING NEWS:
  • JPMorgan Chase shares fall on report trading losses could hit $9 billion
    In May, JPMorgan said the loss came from trading in credit derivatives designed to hedge ... cites an internal report that JPMorgan made in April that showed the losses could reach $8 billion to $9 billion, in a worst-case scenario. But the newspaper ...
    06/28/2012 - 11:14 am | View Link
  • JPMorgan Stock Slides; Report Says Loss May Be $9B
    Dimon: I was dead wrong JPMorgan Chase: London whale swallows $2B Report: JPMorgan trading losses may reach $9B The Times story said the $9 billion figure reflected a worst-case estimate by the bank. But because the bank has sold the most volatile part of ...
    06/28/2012 - 11:07 am | View Link
  • Report: JPMorgan trading losses may reach $9B
    NEW YORK (AP) -- Shares of JPMorgan Chase & Co. tumbled Thursday as a published report said that the bank's losses on a bad trade may reach as much as $9 billion — far higher than the estimated $2 billion loss disclosed last month. In May, JPMorgan said ...
    06/28/2012 - 6:25 am | View Link
  • Report: JPMorgan trading losses may reach $9B
    NEW YORK (AP) — Shares of JPMorgan Chase & Co. tumbled Thursday as a published report said that the bank's losses on a bad trade may reach as much as $9 billion — far higher than the estimated $2 billion loss disclosed last month. In May, JPMorgan said ...
    06/28/2012 - 4:43 am | View Link
  • JPMorgan trading losses may reach $9 billion: report
    Shares of JPMorgan Chase & Co. tumbled in premarket trading Thursday as a published report said ... cites an internal report that JPMorgan made in April that showed the losses could reach $8 billion to $9 billion, in a worst-case scenario.
    06/28/2012 - 12:59 am | View Link
  • More
BING SEARCH:
  • Technology and Science News
    Get the latest science news and technology news, read tech reviews and more at ABC News.
    06/28/2016 - 6:47 pm | View Website
  • Dimon says JPMorgan not pulling the plug on energy lending
    Dimon Says JPMorgan Not Pulling the Plug on Energy Lending JPMorgan, the first of the large U.S. banks to report fourth-quarter earnings, expects to boost reserves on ...
    06/28/2016 - 2:07 pm | View Website
  • JPMorgan Chase & Company
    News about JPMorgan Chase & Company. Commentary and archival information about JPMorgan Chase & Company from The New York Times.
    06/28/2016 - 12:56 pm | View Website
  • Business News, Personal Finance and Money News
    Yahoo!-ABC News Network | © 2016 ABC News Internet Ventures. All rights reserved.
    06/28/2016 - 7:55 am | View Website
  • 2012 JPMorgan Chase trading loss
    In April and May 2012, large trading losses occurred at JPMorgan's Chief Investment Office, based on transactions booked through its London branch.
    06/28/2016 - 6:44 am | View Website
  • More

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News