Edition: Global Global Select Region
Email: Passwd: or sign up free
One News Page
One News Page > Business > JPMorgan's Whale Trade Reportedly Sinks By Another $1 Billion
Open news article

JPMorgan's Whale Trade Reportedly Sinks By Another $1 Billion

Forbes.com
Thursday, 17 May 2012

The trading debacle at JPMorgan Chase, the nation’s biggest bank, appears to be getting worse.
0
shares
Share on FacebookShare on Twitter Comment
 
Source: IBTimes.com - on May 11, 2012

News video: JPMorgan CEO Jamie Dimon: $2 Billion Trading Loss Could Spread to Another Billion or More

JPMorgan CEO Jamie Dimon: $2 Billion Trading Loss Could Spread to Another Billion or More

JPMorgan Chase announced on Thursday it suffered a trading loss of at least 2 billion dollars from a failed hedging strategy, a shock disclosure that hit financial stocks and the reputation of the bank and its CEO, Jamie Dimon.

You Might Like


Other recent news in Business

GOOGLE’s profit rises but ad sales hurt by shift to smartphonesBarbie SALES Slump, Soda Loses Fizz, Google Stumbles
WALL STREET edges up as jobless claims beat; Google drops, Goldman Sachs risesHot models at this year's NEW YORK Auto Show
Yahoo’s bold ambition: Replace Google as default search on IPHONEThe New York Times Just Accidentally Fired And Then Rehired The GOLDMAN SACHS CEO
UPDATE 1-DUPONT's revenue misses estimates on weak farm salesBizBuySell: Median small business sales PRICE in Denver was $225K in 2013
MORGAN STANLEY Accomplished One Thing That Makes It More Impressive Than Its Wall Street Competitors (MS)The Wall Street Journal: Pro-RUSSIA activists killed in fighting in Ukraine

Twitter


Comments

comments powered by Disqus

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2014 One News Page Ltd. All Rights Reserved.  |  About us  |  Press Room  |  Terms & Conditions  |  Privacy Policy  |  Content Accreditation
One News Page - Top Headlines RSS Feed RSS  |  News for my Website  |  Free news search widget  |  Advertise  |  Help  |  Contact us  |  DMCA / Content Removal
How are we doing? Send us your feedback  |  One News Page on Facebook LIKE us on Facebook  One News Page on Twitter FOLLOW us on Twitter  One News Page on Google+ FIND us on Google+



Bullet: One News Page official news app for iPhone Bullet: Our news app for iPhone
-