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05-11-2012, 02:38 PM
JPMorgan Chase, the biggest US bank, has revealed a surprise trading loss of at least $2bn (?1.2bn) on complex investments made by its traders. Mike Mayo, US banking analyst at investment firm CLSA, told the Today programme that 'thought investments were conservative'
More... (http://news.bbc.co.uk/today/hi/today/newsid_9720000/9720258.stm#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa)
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More... (http://news.bbc.co.uk/today/hi/today/newsid_9720000/9720258.stm#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa)
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