JPMorgan Chase Chief Investment Office Played By Different Rules

2012-07-21 — huffingtonpost.com

LONDON/FRANKFURT, May 16 (Reuters) - The JPMorgan Chase & Co. unit that lost more than $2 billion through a failed hedging strategy had looser risk controls than the rest of the bank, according to people familiar with the situation.
The risk of losses is tallied by the bank...

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