Why It Matters That JPMorgan Lost $2 Billion Trading In Six Weeks to Pay 1.9M in Damages Analyst Blog Comment on Biden proves catalyst for Obama gay marriage Romney steers clear of controversy while campaigning N.C. Chase reports billion loss past six weeks risky derivatives Chase's Earnings Beat Expectations Inflation Sentiment Data Lift U.S. Stocks It’s Crunchtime Europe Down From 6figure banker $30Kayear butcher J.P. Morgan earnings top forecasts SEC Opens Review discloses $2billion trading JP stock plunges after hours 'egregious' losses Morgan's is DoddFrank Act's gain Pitches New Plastic Beefs Up PrimeBrokerage Team Names AsiaPacific CEO MF Global Customers Press Funds

JP Morgan Chase loses $2 billion in last 6 weeks NEW YORK (CNNMoney) — JPMorgan Chase, in a surprise announcement, said Thursday that it has suffered trading losses of $2... JP Morgan Chase loses $2 billion in 6 weeks JPMorgan Chase, the largest bank in the United States, said Thursday that it lost $2 billion in the past six weeks in a trading portfolio designed to hedge against risks the company takes with its own money. US Stock Futures Fall As JP Morgan Chase's Trading Loss Weigh US Stock Futures Fall As JP Morgan Chase's Trading Loss Weigh JP Morgan Chase $2B loss impacts Wall Street JPMorgan Chase stock lost more than 8 percent of its value Friday after the bank, the largest in the United States, revealed a monster $2 billion loss in a trading group that manages the risks the bank takes with its own money. US Stock Futures Fall After PPI Data as JP Morgan Chase Weighs US Stock Futures Fall After PPI Data as JP Morgan Chase Weighs JP Morgan Chase acknowledges $2B trading loss JPMorgan Chase, the largest bank in the United States, said Thursday that it lost $2 billion in a trading portfolio designed to hedge against risks the company takes with its own money. £1.2bn JP Morgan Chase loss investigated A team of high-stakes traders, including one dubbed the London Whale, were today at the centre of an investigation over £1.2 billion losses at America's biggest bank. Less Hyperventilating on JP Morgan Chase's $2B Loss, Please Looked at in perspective, we shouldn't be talking about invoking "Too Big to Fail," because even the one unit at JP Morgan is in no danger of failing. Maybe the line should be that the bank is "Too Big to Quail" even in the face of a $2 billion botched trade. JP Morgan Chase in £1.2bn loss A team of high-stakes traders, including one dubbed the London Whale, have been at the centre of an investigation over £1.2 billion losses at America's biggest bank. Related Stories News Corp reports rise in profits JPMorgan Chase in 2bn trading loss JP Morgan Chase loses $2B in risky hedging, CEO calls resulting coverage 'tempest in a teapot' The chief investment office has been transformed in recent years under Dimon into a unit that makes bigger and riskier speculative bets with the bank's money, according to five former employees.
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