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Jp Morgan Chase $2b Tr... Topics

JPMorgan exec expected to resign, AP source says

JPMorgan Chase is expected to accept the resignation of one of the highest-ranking women on Wall Street after the bank lost $2 billion in a trading blunder, a person familiar with the matter said Sunday....

 

JPMorgan CEO: 'Dead wrong' about trading concerns

Jamie Dimon

The CEO of JPMorgan Chase, which disclosed a $2 billion loss last week, said he was "dead wrong" when he dismissed concerns about the bank's trading last month.

 

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