J.P. Morgan trading loss
J.P. Morgan Disclosure and Chinese Monthly Data Rattle Equities
May 11, 2012
The last thing fragile world financial markets needed was another credit derivative trading bomb shell. After U.S. markets closed Thursday, J.P. Morgan disclosed a loss of at least $2 billion incurred in trading credit derivatives, and share prices fell today by 1.4% in South Korea, 1.2% in Vietnam, 1.1% in Taiwan, 1.3% in Hong Kong, […] More
