Bank Stocks Hit by JPMorgan $2 Billion Loss
European banking stocks fell as investors worried about the news US bank JPMorgan had suffered a trading loss of at least $2 billion from a failed hedging strategy, hitting the reputation of the bank and its CEO Jamie Dimon.
http://www.ksdk.com/video/1634169399001/1/Bank-Stocks-Hit-by-JPMorgan-2-Billion-Loss
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Bank Stocks Hit by JPMorgan $2 Billion Loss
European banking stocks fell as investors worried about the news US bank JPMorgan had suffered a trading loss of at least $2 billion from a failed hedging strategy, hitting the reputation of the bank and its CEO Jamie Dimon.
United Stateslosswall streetjoanna partridgeNewsbusinessLondonfinancial lossJPMnabTRIGPvolcker rulemoneynewslookbankFinancehedging lossPIPER JAFFRAY ASIA SECURITIES LIMITEDNational Australia Bank Ltdjamie dimonNick Parsonseconomic policyReformJPMorgan Chasehedge fundmarketCredit Default Swapbank bailoutregulationBrenda KellyThomson Reuters Group LtdJPMorgan Chase & Co.
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