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JP Morgan restructures unit that had $2 billion loss: report – Reuters


Bloomberg

JP Morgan restructures unit that had $2 billion loss: report
Reuters
(Reuters) – JP Morgan Chase & Co (JPM.N) is spinning off the "special investments group" from its scandal-plagued chief investment office (CIO) in a bid to overhaul the division that cost the bank more than $2 billion in trading losses this month,
JPMorgan CIO Swaps Pricing Said to Differ From BankBloomberg


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