Tag Archive | Investment Banks

JPMorgan’s trading loss: $5.8 billion

JPMorgan’s trading loss: $5.8 billion

NEW YORK (CNNMoney) — JPMorgan said Friday that the loss from the bank’s chief investment office’s errant trades has totaled $5.8 billion so far this year. The three managers who led the trading division no longer work at the bank and could lose as much as two years of income, according to JPMorgan. All the […]

Follow

Get every new post delivered to your Inbox.

Join 891 other followers