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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  • 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 - 10:56 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
  • Report: JPMorgan trading losses may reach $9B
    (AP) NEW YORK - Shares of JPMorgan Chase & Co. (JPM) tumbled in premarket trading Thursday as a published report said that the bank's losses on a bad trade may be as much as $9 billion - far higher than the estimated $2 billion loss disclosed last month.
    06/28/2012 - 2:37 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
  • JPMorgan trading losses may be as much as $9 billion: report
    In May, JPMorgan said the loss came from trading in credit derivatives that was designed ... The 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.
    06/28/2012 - 12:51 am | View Link
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