Tag Archive | Investment Banks
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 […]