losses

JPMorgan discloses $4.4 billion in trading losses

Jul 13, 2012
JPMorgan Chase has just released its quarterly earnings report, and the big number to report is: $4.4 billion. That's the new estimate for the size of JPMorgan's loss from risky trading bets.
Posted In: JPMorgan, trading, losses, Earnings

What Did JP Morgan Get Itself Into?

May 17, 2012
As more details emerge about JP Morgan's money-losing "London Whale" trade, the goalposts are moving fast and it's harder than ever to explain what's going on.
Posted In: London Whale, JP Morgan, Jamie Dimon, losses