Tag Archive for Credit Default Swaps

DERIVATIVES: Fed data expose US$100bn JP Morgan blunder | Capital City | IFRe

Official data from the US Federal Reserve have laid bare the eye-watering size of trading positions built up by JP Morgan’s chief investment office in synthetic credit indices, raising further questions about risk management standards at the bank. According to the figures, JP Morgan’s position in investment-grade credit default swaps jumped eightfold from a net…

The Truth About JP Morgan’s $2 Billion Loss – Washington’s Blog

Reposted from  The Truth About JP Morgan’s $2 Billion Loss – Washington’s Blog, with our thanks. On-site permission posted.  Must-Read Background Before we can understand what’s really going on with JP Morgan’s loss (which will probably end up being a lot more than $2 billion), we need a little background. JP Morgan: Is the world’s largest publicly-traded company…