JP Morgan Trading Losses: Implications for the Volcker Rule and Other Regulation by Gary Shorter, Edward V. Murphy, Rena S. Miller

JP Morgan Trading Losses: Implications for the Volcker Rule and Other Regulation

Gary Shorter, Edward V. Murphy, Rena S. Miller

38 pages • missing pub info (editions)

nonfiction business economics
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On May 10, 2012, JP Morgan disclosed that it had lost more than $2 billion by trading financial derivatives. Jamie Dimon, CEO and chairman of JP Morgan, reported that the bank's Chief Investment Office (CIO) executed the trades to hedge the firm's...

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