Loss From Risky JP Morgan Trade Could Reach $9 Billion

Loss From Risky JP Morgan Trade Could Reach $9 Billion: The risky trading at mega-bank JP Morgan Chase that came to light last month — first reported as causing a $2 billion loss — could end up costing the bank up to $9 billion, according to internal reports. JP Morgan CEO Jamie Dimon was called to testify before Congress this month about the bank’s risky [...]/p