S&P Has Seen Enough From JPMorgan's London Whale Response

March 28, 2013   |   March 2013 Bond Updates
When JPMorgan Chase announced billions in losses stemming from the London Whale trades last May, Standard & Poor's revised its outlook on the bank's credit rating to negative. Apparently Jamie Dimon and Co. have done enough to convince the ratings agency the bank's blunders are behind them, as the firm restored its outlook to stable.

View more at: http://www.forbes.com/sites/steveschaefer/2013/03/28/sp-has-seen-enough-from-jpmorgans-london-whale-response/
 
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