Tags: jp morgan bbi

JP Morgan: Distancing Execs from Traders, Losses that May Still Grow

July 17th, 2012
in econ_news, syndication

Econintersect: JP Morgan Chase (NYSE:JPM) rose 6% last Friday (13 July 2012) after the second quarter financial results were released showing a $5.8 billion loss on derivatives trades gone awry in its London office. The rise was attributed to investor r… more »