Search This Blog

Showing posts with label trading losses. Show all posts
Showing posts with label trading losses. Show all posts

January 26, 2014

March 15, 2013

JP Morgan accused of hiding losses by Senate report

US bank JPMorgan Chase has been accused of hiding its huge trading losses by a US Senate panel. The bank lost $6.2bn (£4.1bn) in trades last year by an employee nicknamed the London Whale.