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.

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  • 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 ...
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  • JPMorgan Chase shares fall on report trading losses could hit $9 billion
    NEW YORK, N.Y. — Shares of JPMorgan ... 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 the loss came from trading in credit derivatives ...
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  • JPMorgan stock hit by report that loss could balloon to $9B
    Its shares are down more than 12% since the bank disclosed the trading losses. The New York Times story 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. The newspaper ...
    06/28/2012 - 9:57 am | View Link
  • JPMorgan Chase shares fall as report says trading losses may be as much as $9 billion
    NEW YORK, N.Y. - Shares of JPMorgan Chase & Co. tumbled in premarket trading Thursday as a published report ... 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 - 9:16 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.
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