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
    (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
  • Report: JPMorgan trading losses may reach $9 billion
    NEW YORK — Shares of JPMorgan Chase & Co. tumbled 4 percent Thursday morning 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.
    06/28/2012 - 12:17 am | View Link
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