Posted by
on Jun 28th, 2012 and filed under JPMorgan falls 5 percent after trading loss reports
LONDON (Reuters) – JPMorgan shares fell 5.3 percent in Frankfurt on Thursday after a newspaper reported that losses from a bungled credit derivatives trade could reach $ 9 billion in a worst-case scenario. The U.S. bank’s shares in New York are also trading down 5.4 percent in pre-market trading. The story was “likely disappointing today” for the shares, Evercore Partners said in a research note. …
JPMorgan falls 5 percent after trading loss reports LONDON (Reuters) – JPMorgan shares fell 5.3 percent in Frankfurt on Thursday after a newspaper reported that losses from a bungled credit derivatives trade could reach $ 9 billion in a worst-case scenario. The U.S. bank’s shares in New York are also trading down 5.4 percent in [...]