JP Morgan Losses Bolster Case for New Financial Regulations

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Banks stocks took a big hit Friday after JP Morgan Chase and Company reported a $2-billion loss on a complex trading strategy that went bad. The bank’s disclosure is renewing debate over the need for tougher financial regulations download images from memory card.

It’s one of the world’s biggest investment banks, and its CEO is among the harshest critics of government efforts to rein in risky financial bets amazon fire tv stick apps herunterladen. But in a late night conference call to shareholders, JP Morgan CEO Jamie Dimon told investors …

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Banks stocks took a big hit Friday after JP Morgan Chase and Company reported a $2-billion loss on a complex trading strategy that went bad. The bank’s disclosure is renewing debate over the need for tougher financial regulations herunterladen.

It’s one of the world’s biggest investment banks, and its CEO is among the harshest critics of government efforts to rein in risky financial bets arte mediathek. But in a late night conference call to shareholders, JP Morgan CEO Jamie Dimon told investors …