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JPMorgan CDS Loss Could Hit $9 Billion – FINalternatives

JPMorgan CDS Loss Could Hit $9 Billion
FINalternatives
Bruno Iksil may have—with an unwanted assist from hedge funds—cost his employers almost five times as much as originally thought. Iksil, the JPMorgan Chase trader behind the credit default swap index trade that is costing the bank a fortune, may be

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