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‘Inadequate’ controls led to JPMorgan loss – Aljazeera.com


Aljazeera.com

'Inadequate' controls led to JPMorgan loss
Aljazeera.com
Top regulator tells senators that risk management at US's biggest bank was not up to job of preventing $2bn loss. A top US bank regulator has told legislators that "inadequate" risk controls at JPMorgan Chase led to a $2 billion derivatives loss,

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