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FBI Director Robert Mueller said Wednesday the bureau has launched a preliminary investigation of JPMorgan Chase & Co. following a trading loss of what is now estimated to be at least $3 billion at the bank. The $3 billion figure at least 50 percent...
Turks and Caicos Free Press
Content The JP Morgan Chase & Co. headquarters JPMorgan used that index, and others, to bet that credit markets would strengthen. Because that position is widely known on Wall Street, many traders are betting the opposite way in the hope of...
The Globe & Mail
organ Chase & Co.'s trading losses have mounted to at least $3-billion, the New York Times reported Wednesday night, citing unnamed sources. Last Thursday, the bank announced that it had lost $2-billion on a bad hedging strategy, and warned it could...
International Herald Tribune
The Federal Reserve is examining the scope of the growing losses and the original bet, along with whether JPMorgan's chief investment office took risks that were inappropriate for a federally insured depository institution, according to several...
The Independent
News in pictures On Facebook Suggested Topics Hedge funders were not the only market whiz-kids betting against JPMorgan's disastrous London Whale trading positions...It emerged yesterday that JPMorgan Asset Management, run by Mary Callahan Erdoes,...
International Business Times
that has been the talk of New York and Washington for the past few days, will be leaving the bank within the year, the New York Times' Dealbook blog reported Wednesday. Share This Story A JPMorgan spokesman clarified to other media that Iksil is...