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:
  • Edited Transcript of COF earnings conference call or presentation ... - Yahoo! Finance
    Analyst * Rick Shane JPMorgan ... Provision for credit losses increased ... and Taxi Medallion trading values ... approaches, we plan to only ...
    07/22/2016 - 5:16 am | View Link
  • S&P 500 Hits Highs As Amazon Primed, Line And Tesla Drive Ahead - International Business Times
    Consumer loans and trading were strong, and JPMorgan ... mortgage banking losses shrank. ... report next week. JPMorgan ... and Airbus won't ...
    07/15/2016 - 11:08 am | View Link
  • Coverage Initiated on Select Foreign Money Center Banks Stocks - Channel 8 Eyewitness News
    Blog Coverage: Bayer Increases Monsanto Takeover Bid - KHQ Right Now
    07/15/2016 - 9:49 am | View Link
  • Sterling leaps, global stocks stall as BoE holds fire on Brexit ... - Yahoo! India
    ... in early European trading ... the move was a report that ... stimulus, expected to reach ... JPMorgan's quarterly profit ... after some ...
    07/14/2016 - 8:53 am | View Link
  • GLOBAL MARKETS-Sterling leaps, stocks stall as BoE holds fire on ... - Yahoo! Finance
    GLOBAL MARKETS-S&P 500, Dow hit new records on earnings optimism; ... - Reuters UK
    07/14/2016 - 8:51 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
  • 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
  • Report: JPMorgan Trading Losses May Reach $9B
    Shares of JPMorgan Chase & Co. tumbled in premarket trading as a published report said that the bank's trading losses may be as much as $9 billion - far higher than the estimated $2 billion loss disclosed last month. In May, JPMorgan said the loss came ...
    06/28/2012 - 12:50 am | View Link
  • 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 - 12:30 am | View Link
  • More
BING SEARCH:
  • 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.
    07/25/2016 - 12:42 am | View Website
  • Technology and Science News
    Get the latest science news and technology news, read tech reviews and more at ABC News.
    07/22/2016 - 3:19 pm | View Website
  • Home | Trading Strategies, Financial Commentary ...
    Real Money from TheStreet: Financial blogs, trading strategies and conversations with financial advisors, hedge fund managers, CFAs and renowned value investors.
    07/22/2016 - 1:39 pm | View Website
  • JPMorgan Just Sounded a $500 Million Alarm Bell On America ...
    Back on January 14, we noted that JPMorgan did something they haven’t done in 22 quarters: the bank increased its loan loss provisions. The "reserve ...
    07/22/2016 - 7:55 am | View Website
  • JPMorgan Chase & Company
    News about JPMorgan Chase & Company. Commentary and archival information about JPMorgan Chase & Company from The New York Times.
    07/22/2016 - 1:57 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