JPMorgan Reveals Major Trading Loss, Dimon Says It 'Could Get Worse' |
May 10, 2012 | May 2012 Bond Updates |
JPMorgan Chase said it has encountered significant mark-to-market losses in its Chief Investment Office (CIO) since the end of the first quarter, and faces an $800 million loss in its corporate and private equity segment during the second quarter. |
View more at: http://www.forbes.com/sites/steveschaefer/2012/05/10/jpmorgan-dives-after-hours-on-word-of-surprise-800-million-investment-loss/ |
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