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View Full Version : US Said to Start Probe of $2 Billion JPMorgan Loss - Bloomberg



NewsWhore
05-15-2012, 03:40 PM
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Bloomberg (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHez1r7T6F7kUFTN8JU6yoYDByy8w&url=http://www.bloomberg.com/news/2012-05-15/u-s-said-to-start-probe-of-2-billion-jpmorgan-loss.html)


US Said to Start Probe of $2 Billion JPMorgan Loss (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHez1r7T6F7kUFTN8JU6yoYDByy8w&url=http://www.bloomberg.com/news/2012-05-15/u-s-said-to-start-probe-of-2-billion-jpmorgan-loss.html)
Bloomberg
The losses, which could increase by $1 billion or more, originated out of a London unit of JPMorgan's Chief Investment Office, which is generally responsible for managing the bank's interest rate, foreign currency and other economic risks.

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