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Regulator: JPMorgan changed risk strategy in 2011 – Stamford Advocate

Regulator: JPMorgan changed risk strategy in 2011
Stamford Advocate
WASHINGTON (AP) — Starting late last year, JPMorgan Chase & Co. reduced the amount of hedging it was doing to contain potential losses, according to a top federal regulator. That decision backfired this spring when the bank suffered a $2 billion-plus

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