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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    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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  • 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.
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