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JPMorgan likely to post $4 bln to $6 bln trade loss – IBNLive.com

JPMorgan likely to post $4 bln to $6 bln trade loss
IBNLive.com
By David Henry NEW YORK (Reuters) – JPMorgan Chase & Cos losses from disastrous derivatives trades will likely amount to $4 billion to $6 billion in the second quarter, far more than the original estimate of at least $2 billion, according to a person

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