J.P. Morgan's Growing Loss Weighs on Banks24/7 Wall St.J.P. Morgan Chase & Co. (NYSE: JPM) is weak this morning on word that the bank's trading losses will be much wider than originally reported. The market knew that the loss would be at le…
Banks to hike CVA budgets after JP Morgan loss-reportReutersBy Luke Jeffs | LONDON, June 6 (Reuters) – The world's top investment banks will boost their spending on systems to tighten up their control of the complex trading strategy implicated in J…
Banks to hike CVA budgets after JP Morgan loss-reportReutersBy Luke Jeffs | LONDON, June 6 (Reuters) – The world's top investment banks will boost their spending on systems to tighten up their control of the complex trading strategy implicated in J…
