Report: JP Morgan to Post 2Q Trading Loss of Up to $6BFox BusinessJ.P. Morgan Chase is reportedly likely to record $4 billion to $6 billion in trading losses in the second quarter after unwinding more than half of its losing credit bets.
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JP Morgan Latest News
JPMorgan’s London Whale Losses May Hit $9B, Impact Earnings … – Forbes
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JPMorgan's London Whale Losses May Hit $9B, Impact Earnings …ForbesPrice tag for trading blunder may be four and a half times the initial estimate.Hutchin Hill Said to Exit Bets Against JPMorgan's WhaleBloombergall 4 news articles »
JP Morgan Latest News
JP Morgan CIO ‘London Whale’ Trading Loss Could be $9bn – IBTimes.co.uk
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IBTimes.co.ukJP Morgan CIO 'London Whale' Trading Loss Could be $9bnIBTimes.co.ukJPM's losses from Bruno Iksil's set of bad hedging bets that created one of the largest legal losses in history could be as much as $9bn, says a report by …
JP Morgan Latest News
Hutchin Hill Said to Exit Bets Against JPMorgan’s Whale – Bloomberg
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Hutchin Hill Said to Exit Bets Against JPMorgan's WhaleBloombergJPMorgan is seeking to contain a trading loss in its chief investment office that stood at $2 billion when it was disclosed almost seven weeks ago. Bloomberg …and more »
JP Morgan Latest News
Saba’s Weinstein exits bet against JPMorgan: sources – Chicago Tribune
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Saba's Weinstein exits bet against JPMorgan: sourcesChicago TribuneIn May, JPMorgan reported a $2 billion trading loss in its chief investment office, due to large bets on an obscure group of indexes that track the performance of …
JP Morgan Latest News
Saba’s Weinstein exits bet against JPMorgan-sources – Reuters
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New York MagazineSaba's Weinstein exits bet against JPMorgan-sourcesReutersJPMorgan lost billions on other side of bet. * Saba main fund up 2.3 pct YTD through June 22 (Adds more detail on trade, JPMorgan bet). By Katya Wachtel …Saba's Weinst…
JP Morgan Latest News
Saba’s Weinstein exits bet against JPMorgan: sources – Reuters
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Business InsiderSaba's Weinstein exits bet against JPMorgan: sourcesReutersIn May, JPMorgan reported a $2 billion trading loss in its chief investment office, due to large bets on an obscure group of indexes that track the performance of …Saba…
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Europe bets on closer ties to beat euro crisis – Full story
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[repostus hash=a03fe870942cf5644d87855deab09c13 title=Europe%20bets%20on%20closer%20ties%20to%20beat%20euro%20crisis host=AFP short=1f1cb]
European Crisis
One Wall Street Seer Says the Greek Tragedy Is Near – NYTimes.com
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If you want to be scared, truly terrified, listen to Mark J. Grant… For the last two years, Mr. Grant, a managing director based in Florida at a regional investment bank, has been predicting the bankruptcy of Greece and a cascade of chaos across the global economy, attracting quite a following on Wall Street in…
JP Morgan Latest News
JPMorgan CEO arrives to testify before Congress – Fox News
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USA TODAYJPMorgan CEO arrives to testify before CongressFox NewsJPMorgan's trading loss has heightened concerns that the biggest banks still pose risks to the U.S. financial system, less than four years after bad trading bets by …JP Morgan gains …
