Losses by JPMorgan's London traders soar to $5.8bn
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Losses by JPMorgan's London traders soar to $5.8bn

New York : NY : USA | Jul 13, 2012 at 5:09 PM PDT
Source: The Independent
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News in pictures Suggested Topics The City's reputation suffered another blow yesterday as JPMorgan revealed a sharp escalation in losses from the activities of some of its London traders. Bets on credit placed by the bank's London-based Chief Investment Office (CIO) racked up losses of $4.4bn (£2.8bn)... FULL ARTICLE AT The Independent
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JPMorgan Chase chief Jamie Dimon
JPMorgan Chase chief Jamie Dimon
 
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