« FFFT Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

JPMorgan Slips on Report Trading Loss Widened to $9 Billion

By: clo in FFFT | Recommend this post (0)
Thu, 28 Jun 12 3:27 PM | 45 view(s)
Boardmark this board | Food For Further Thought
Msg. 43917 of 65535
Jump:
Jump to board:
Jump to msg. #

JPMorgan Slips on Report Trading Loss Widened to $9 Billion
By Ambereen Choudhury - Jun 28, 2012 7:01 AM ET

JPMorgan Chase & Co. (JPM) fell more than 6 percent in European trading after the New York Times (NYT) reported the lender’s trading losses from credit derivatives may total as much as $9 billion, exceeding the firm’s initial estimate.

The shares fell to $34.50 as of 1 p.m. in Frankfurt trading from their $36.78 close in New York yesterday.

more@ Bloomberg.com




Avatar

DO SOMETHING!




» You can also:
« FFFT Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next